10 Promising Small Business Ideas for Beginners
Hafana.com – Many people avoid business or business today, one reason is because the possibility of failure is quite big. A study proves that 8% of businesses tend to fail in the first 2 years since opening.
The reasons of failed business is because of the crowded competition today, so that if the product or service offered does not have advantages, it certainly can not compete. Even though business is one of the simple ways to increase income.
In addition to working or becoming a freelance, a business provides a greater chance of profit (considering you are the one who determines how successful the business is, different from jobs that increase wages determined by the company). But to be successful, it takes several tips and tricks in doing business, including:
- Do research to find out if your idea has the potential for success
- Make a business plan (business plan)
- Make simple financial planning
- Determine human resource needs (HR)
- Prepare a marketing strategy
The first point is to determine whether your idea is potentially successful or not. In other words, it is important to choose a business that promises to be able to achieve success. What are some business ideas that can be realized into a promising business for people to start in this year?
We have summarized the 10 types of small business ideas for you:
- Healthy Food and Beverage Business
One of the trends of the culinary industry this year is healthy food which shows high seriousness in health and nutrition. Restaurants or catering like this usually use healthy and nutritious ingredients and target consumers who also prioritize their health than the majority of others (Nutrition-conscious Customers). An example is a restaurant that offers a “mayo diet” menu where foods are low in fat and nutritious, right for those who want to diet. Another example is a restaurant that specializes in customers who have dietary restrictions, for example sugar-free food for diabetics.
TIPS: Create new and different foods by prioritizing good taste and health according to nutritional standards.
- Creative Product Business
If you have high creativity, then this second effort is perfect for you. You can make interesting hand-made products such as decorative products made of wood or paper. You can even use recycled materials so that many environmentalists will also appreciate your work. To start running this business, of course you must have creativity and craftsmanship. Then prepare capital that is not too large and let your creativity produce interesting artwork.
TIPS: Look for raw materials that are easy to process and don’t forget to research creative products that people are interested in.
- Laundry Business
Not infrequently the current couple works and the house becomes messy and neglected. Thus, practical solutions are often the choice. For example, laundry, of course, will be very sought after, right? But generally it requires considerable capital in managing the laundry business, so consider carefully the funding. You need a lot of washing machines, dryers, irons (or steam irons), to workers who can iron clothes (remember there is no common iron circulating machine).
TIPS: Look for a strategic business location and is occupied by many students or busy working couples.
- Business Beauty Services
Who doesn’t know the current trend of beauty services? Yes, that’s right, now beauty technology continues to grow and opens new business opportunities for many people.
If in the past there were only makeup artists (MUA) and beauty salons, there were now many technologies that led to the opening of new business opportunities. Just name a few examples:
- Eyebrow embroidery, lip embroidery, BB glow, and so on
- Eyelash extension or lash lifting that can create a semi-permanent natural impression (can be used for bathing and doing activities)
- Semi-permanent fillers (a type of botox but will be absorbed by the body for a period of time) or plant threads to keep the face straight and emphasize certain parts of the face.
There are so many beauty technologies that you can make business in this year? Moreover, with good skills, you must be looked at by the seekers of this beauty service.
TIPS: You must have a basic talent in the field of beauty, then deepen your techniques and skills. Then don’t forget good marketing.
- Cafe or Coworking Space
In the old days, people who wanted to start a business always thinking about renting a shop or restaurant. Today there is a new solution called coworking space. Coworking space is a property that is leased for work with supporting facilities, such as the internet, telephone, fax, meeting rooms, administrative assistance and so on. It’s like if a student lives in a boarding house, well if business people can start from coworking space. One office or one room is used by several companies at once. It’s Cool, isn’t it?
TIPS: Make a place that has a conducive and comfortable work environment with complete facilities so as not to lose to competitors.
Opening a successful online business or becoming a freelancer is not an easy step. But with the help of the internet, you can now achieve financial freedom while relaxing at home rather than going to work in the morning every day. If you have certain skills but don’t have the full time to channel them, maybe working part time is one solution. Many companies prefer to use the services of part-time workers lately, because it is more practical and costs less. You can do this job at any time because generally part-time jobs are projects with certain deadlines. For example, you can work as an admin who inputs company data or makes simple software used by the company.
TIPS: Always monitor your finances, considering you don’t have fixed income and other benefits. Do not let you experience losses when looking for profit.
- Photography and video equipment rental business
Many people are interested in photography, but the budget is limited so they cannot buy expensive lenses and equipment. Well, you can open a photography equipment rental service, videography, equipped with equipment that is widely used in wedding documentation. For example, also provide a drone or jimmy jib commonly used by wedding photographers. The most important thing here is that you understand the quality of the product being rented, so you can set the right price and make a profit. Don’t forget also to market your rental product to the right market!
TIPS: Choose affordable products with commensurate quality. Don’t rely on fake equipment just because you want to be cheap, because it can result in losing the trust of the tenants.
- Tour Guide
Based on a study, it was found that today people tend to prefer spending their money on things that are smelling rather than consumptive. For example, more and more young people are choosing to save for holidays rather than shopping. Now this can be a promising opportunity or business for you. For example, being a tour guide who takes a walk, opens a small tour company, or sells tickets online and provides cheap vacation packages.
TIPS: You have to do interesting tourist location research at affordable prices to attract customers.
- Child Care Service
Because of economic development, generally now couples must work together to be able to meet their household needs. For this reason, many couples work or do business together. As a result the baby is usually neglected, and they try their best so that it doesn’t happen. For example, by looking for guaranteed child care services to entrust their children during working hours. Well, this can also be a promising business opportunity now. Do not hesitate to open child care services with workers who are experts in their fields.
TIPS: Make sure all workers do have the ability and patience to take care of children (if they can be certified) so parents can be more calm and believe in entrusting their children to you.
- Food Truck
The development of the culinary industry has reached a stage where consumers no longer need to visit restaurants just to eat. In many cases, the restaurant is now going to visit consumers in the form of food trucks, outlets, or kiosks. Generally this one trend is easily recognizable, because usually a type of culinary business will gather together in one location to attract many people. They usually operate in crowded public places, such as malls, universities, train stations, to sports stadiums. The menu offered is usually limited, because they prioritize specialization. In other words, they make an advantage that they will highlight to attract a crowded audience. Because you can travel (even out of town) to market your cuisine.
TIPS: Specialize food with exceptional taste so that people are willing to wait and queue for the taste of your food. Quality is the main thing in this business.
Don’t be afraid of starting a business or business
With various benefits offered by business rather than work, have you been interested in trying it? With the right steps, you can minimize risk and achieve financial freedom quickly and easily through this path. Don’t waste your energy and ability to work to old age without achieving financial freedom. Start now and reach your goal with our Best business ideas to make money recommendation!
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