What Business to Start in 2017?

Tuesday, February 7, 2017, PM | Leave Comment

To start a successful business you will need some money to invest, a bit of luck, and a great idea in what to invest.

It doesn’t seem obvious, but the last one is the most important part of that equation.

Your business should stand out. It can be done by finding a niche, a small group that’s underserved and has a specific need, or by putting a twist on an already existing product.

The opportunities are numerous; you just have to know where to look.

    Healthy food

  • Healthy food

    There’s a growing need for healthy, professionally cooked meals, but at the same time most people don’t have the time to make them or to learn how to.

    There are a few ways to construct this sort of business. You can sell pre-prepared meals, made by professional chefs, or you can sell the ingredients for them.

    These could come prepared and with a few instructions on what to with them.

    The second option creates a loyal base of customers, but it takes a different set of skills since teaching someone to cook is much different than knowing how to cook.

  • Tax preparation

  • Tax preparation

    The tax code is complicated enough on its own; and lately companies are being established by people with no previous training in business or finances.

    That means that if they want the job to be done right, they need to hire a professional to do it.

    At first, this business doesn’t require any expenses besides those spent on training. You can do it from home – you just have to make it appear professional and trustworthy.

    The biggest challenge is going to be obtaining clients, without previous expertise, but this can be accomplished by lowering prices.

  • Virtual assistants

  • Virtual assistants

    With globalization and outsourcing in full swing, most of the work is being done remotely.

    This, however, doesn’t mean that there’s no longer the need for good executive assistants. You don’t need any resources to start working as a virtual assistant – a computer or a mobile device is enough.

    Assistants need to be reliable, punctual and willing to adapt to the dynamics and the needs of their employers. With the right organizational skills, you you can work for a number of businesses simultaneously.

  • Affiliate marketing

  • Affiliate marketing

    Affiliate marketing can be a side-gig, something you do on your own time to get some extra cash or it can be a serious career, depending on how much you apply yourself.

    Starting a blog is easy, but writing and keeping the quality of content consistent can be pretty difficult.

    Once you have the audience, the next step is to get the companies which you want to promote. If there’s enough readers and enough  brands the percentage you’re getting can be pretty high.

  • Retail

  • Retail

    Retail doesn’t really sound like the most innovative business idea, but that depends on what are you selling, doesn’t? Lucrative, niche markets are being created every day.

    For instance, you can guarantee that your products are 100 percent eco-friendly, from manufacturing to packaging and shipping and you’ll get a crowd.

    The only expense is renting a store and making security precautions, such as counter security screens and cameras and you’re good to go.

  • Delivery services

  • Delivery services

    At this point delivery services have to come with a “we deliver anything anytime” if they want to competitive.

    This isn’t always an easy promise to make, so you’ll have to invest in a bit of manpower and a couple of vehicles before you start.

    Having an app can also help attract younger customers – and apps aren’t hard to build these days.

    When choosing your new career don’t focus only on what’s lucrative. If you don’t have a passion for the work you chose, you won’t be able to thrive in it.

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