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The timing is perfect to invest in these 5 start-up business ideas
Do you want to be your own boss? Then the first question you should ask yourself is what business do you want to start?
This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.
And are you ready to take this risk? There are certain businesses that will not have success on the present market, and it is advisable to avoid starting one of them. You should understand that you start your business on a competitive market, and there are probably thousands of companies that already offer the same services and products, you want to provide. There are good reasons to have your own business, and this is why more and more people leave their career and opt for something else. There are people who decided running a business from home, but if you are not the type who wants to spend all your day inside your house, here are some ideas that will definitely prove to be successful in the future.
Idea nr. 1 – Services for seniors
Have you ever wondered how many people will turn 65 this year in your country? Well, they are millions and it is stated that the number will definitely grow in the future. This means that in the future the number of services that assist seniors will also grow, because their needs are extensible. And you should also know that seniors are richer than they used to be in the past, and this means that they are willing to spend more money on the services and products especially designed for them. Seniors want to be independent as much as possible, because they do not want to ask their children to care them, so they would rather prefer to hire someone to help them, than to ask for help. Also, you should know that children want to make their seniors’ lives better and they will take advantage of the opportunities they find on the market. So if you want to run a successful business, you can offer home maintenance and housekeeping services for seniors who want to age in the comfort of their homes. In addition, you can offer professional driver services for the ones who need someone to accompany them when they go to the doctor and they are not able to drive the car by their own.
Idea nr. 2 – Car rent services
If you want to run a business that will definitely be successful in the future, then you should consider investing in a company that offers car rent services. If you have not researched information about this industry, you do not know that it grows every day, and more and more people prefer to hire cheap car rentals, than to drive their own car. There are so many opportunities in this sector, so there are few chances your business not to be successful. If you establish your business into a touristic area, then you can design your services for tourists, because many people want to travel by car when they visit a place. You can create services for big groups, so you will have to provide various types of vehicles to make sure that you will meet different needs. Also, if you want to offer your cars to clients who are working in IT, you can opt for technology boosted vehicles. The demand is varied and you should make sure that you meet it.
Idea nr. 3 – Career Counseling and Job Training
You might already know that numerous jobs disappeared during the Great Recession, and this means that many people are now looking for an open position. But if they have a certain qualification, that now it is not needed on the market, they will find difficult to get employed. This is great news for counselors and trainers, because they will grow their business in no time. If you want to run a successful company, then you should provide trainings for people who want to change their career, and who are looking for employment. You will not need large funds to start this type of business, because depending on how you want to work with your clients, you might not even need an office. You have the possibility to get in touch with your clients online, and offer them counseling sessions. You should follow a professional credentialing program, because it will offer you a trustworthy image.
Idea nr. 4 – Local freight company
Many industries need to hire a freight company to transport their goods, and they want to work with someone that will deliver the products fast. So, this is an advantage for you, because you can start a business, and all you need are some reliable vehicles, and experienced drivers. You should make sure that you use only functional vehicles, because it is important to meet the deadlines your partners establish. When you hire drivers, check their driving record, because the companies that will hire you will want to check them. If you do not find an issue to be on the road a few days every week, then this is the perfect business for you. You can start with a few cars, and as your business grows, you can hire more people and buy more trucks.
Idea nr. 5 – Translation services
Businesses are going global nowadays, and even the companies that were established with the purpose to offer services and products in a certain location want to expand. So, there is no wonder that they need translation services. If you take a look on e-commerce websites you will notice that they offer you the possibility to access the page in different languages. When a company brings its products into a foreign country, they need to introduce them on the market, and the best way to do it, is to ask a professional translation services company to help them with the content. They need to cater to speakers of different languages and their marketing messages have to get to people who do not know the language they have been using until now. Therefore, it is important to translate the content of their marketing campaigns and the information regarding their services and products accurately, if they want to have clients in that region.