Have you always dreamt of becoming a business owner? All it takes is a great idea to make that dream become a reality. If you’re ready to go from employee to entrepreneur but you’re not sure what kind of business you should start, don’t worry — there are plenty of options out there for you.

The first question to ask yourself when you decide to start a business is, What business should I start? Or, better yet, What business should I not start?

It is the year of the entrepreneur. Thanks, in part, to social media, crowdfunding and alternative lending options, and the constant evolution of technology, it’s a great time to start a business. And with new trends popping up constantly, there are plenty of ways aspiring entrepreneurs can capitalize on them. Here’s a list of top best 7 business ideas to inspire your entrepreneurial spirit in 2016

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1.Personal shopper

shopping

Love shopping? You could turn your passion into profits as a personal shopper. Offer up your services to busy parents who need help purchasing things for their kids (like clothes, school supplies and even birthday or holiday gifts), or even sick or elderly people who need personal items and household goods but can’t get to the store. Ask clients to give you a list of the items they need, shop ’til you drop, and then bring by their goods for a fee. You can start by helping out friends and build up a client base from there.

You don’t have to be a big-box retailer to start an online store. Whether you sell directly to consumers or use a drop-shipping service, all you need is a website and the right e-commerce software to get started. You can sell your own products or items from niche suppliers.

2.Baking and cooking

baking

If baking or cooking is in your DNA, consider launching a home-based bakery, personal chef or catering business. You can whip up your concoctions for individuals, events, and local businesses and organizations. Not only is it a rewarding opportunity to make money doing what you love, but it’s also a great way to test your culinary chops before investing in a full-fledged brick-and-mortar establishment. Keep in mind that home-based food businesses are heavily regulated, so start by figuring out the rules and regulations in your area

3.Business plan service

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Offer a soup-to-nuts business plan, including market research, the business plan narrative and the financial statements. Plan your fee around the main one that the client will want and offer the others as add-on services. You can give clients an electronic file and allow them to take it from there, or you can keep the business plan on file and offer the service of tweaking it whenever necessary. Have business plan samples to show clients–and make sure to include your own!

4.Event planning

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Do you love throwing parties and organizing meetings? Start an event-planning business and turn your passion into a profitable small business. Everyone needs event planners, from individuals to organizations and corporations — and with the U.S. Bureau of Labor Statistics predicting 44 percent growth in the meeting, convention and event-planning industry between 2010 and 2020, there will certainly be no shortage in demand for your services. As an event planner, you will need to be resourceful and have a keen eye for detail. You will also need the patience to deal with clients’ demands and the Zen to stay calm during stressful situations and unforeseen disasters.  

One of the first things you need to do is visit every potential event location with which you plan to work. Work with the marketing manager to tour each site and learn what is available at each location. Start a database that will allow you to sort venues by varying features–the number of people each site holds. Then when you are beginning to plan an event with a client, you can find out what the key parameters are for the event and easily pull up the three or four sites that meet the basic criteria. and engagement parties, etc.

5.Marketing planner

To start, you should go through the certification process so that you can label yourself . Your certificate shows that you have expertise and credibility, and this differentiation will help people choose you as their Marketing planner. Any worthwhile marketing effort needs a blueprint or set of guidelines ensuring the success of the campaign. In this respect, marketing planners are the architects of a marketing department, writing, detailing, and explaining the overall marketing plan.

Nowadays, E-commerce is growing very fast, and Affiliate Marketing has played an important part.

Read more at: Have you deeply understood about Affiliate Marketing?

6.Wedding planner

wedding

You will need to be up-to-date on wedding trends and fads, dress styles, color trends–almost everything under the sun! Offer your customers an ala carte menu of services, from helping pick flowers, the wedding gown and bridesmaid dresses to picking the venue and hiring the caterer. Before you open your business, shop at all the wedding shops, and even pretend you are a bride-to-be to see what kinds of services the wedding gown shop provides and how they treat potential customers. You need to know every detail of the business to give the accurate impression that you are the go-to person for anyone planning a wedding.

7.Freelance graphic designer

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Despite the proliferation of the internet, print media is here to stay for the foreseeable future! Fliers, newsletters, magazines, information sheets, letters and advertisements are just a few of the types of print media that business hire freelancers to create for them. Websites and online advertising need graphic design services as well. Even if your expertise is only in design, offer the works for potential clients, including the editorial creation and the printing and even mailing of the final piece. You can line up regular freelancers for those parts of the job you can’t do.

Author

Kate N. is now working as a Retail Solution Specialist at Magestore. She has 3+ years of experience in brand management, marketing, and customer's insights. Kate loves to travel to experience new cultures and discover what is happening with retail all around the world.

1 Comment

  1. Kartikey Mishra Reply

    Thanks for sharing such a nice post.
    “STAY FIT STAY TECHIE”

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