Best Verticals To Start In For A New Entrepreneur
With the year coming to an end, several people are making up their minds about what to do next year, and writing new year resolutions. If you are looking for a new business idea that you can do in 2021, we have got you covered. We have curated some of the best business ideas that are easy to start. Here are ten market niches you should consider.
Business Plan Service
This is a market that will never run out of customers because people are always starting new businesses, and in most cases, they don’t know how to create a business plan for their new business idea. This is why you’re needed if you have the right skills to help them create a comprehensible business plan.
Create package type pricing so that potential customers can easily order based on the services they need. Also include a custom option that lets customers consult you to discuss the details of what they want so that you can provide them with personalized services. This market offers opportunities for expansion which you will realize when you get into the market. Pay attention to the aspects that come easy to you and develop your skills around them.
Gone are the days when people would take their time to plan their parties by themselves. Now, if they can pay someone to make necessary arrangements for their parties, they go with it. Do you see yourself as someone who knows great spots within your locality, do you know how to get good DJs, sound equipment, food, drinks, rent good halls, and generally bring people together to have fun? If your answer to these questions is yes, then maybe this your niche.
You can organize your own events from time to time; charge a fee, offer numerous fun activities, and create awareness through friends, family, and social media. Your first set of events doesn’t have to be big, start small and build. You can also help friends and family plan their events, start from birthdays, wedding anniversaries, and let word of mouth bring awareness to your brand.
Personal Trainer Service
This is also a market that will never run out of customers because people always want to lose some weight and get fit. The problem most people have is the lack of motivation to keep up, and the lack of discipline to stay consistent, which is why they often pay a personal trainer or fitness instructor to help them achieve their fitness goals. If you are a fitness enthusiast and you have time on your hands, you can start acquiring the necessary skills and knowledge to venture into this market.
Learn about different body types, nutrition, dieting, and fitness science, so that you will provide your customers with well-informed services. Besides offering home services, you can also partner with a couple of gyms within your locality so that you can ask some of your clients to come to the gyms.
Solar Energy Consulting
Many people are making the switch to solar energy to power their homes and offices but they lack enough information on how using solar energy works. So, if you have the required skills and experience in this field then it’s time for you to see it as a business opportunity. You can also enroll in a solar energy training school or work in a solar energy company to acquire the needed skills.
In this business, you can provide services such as general home inspection for people looking to do solar panel installations, regular servicing, and inspection for repairs. Keep in mind that the best way to work as a solar energy consultant is to be independent so that you can offer unbiased opinions on products.
YouTube is the second biggest search engine, so, setting up a vlog channel on the platform will give you access to millions of users. All you have to do is produce quality, creative and fun videos, or tutorials. There are several niches; find what’s easy for you, but make sure there’s a market for it. You can produce content for hundreds of thousands.
Once you launch, get friends and family to subscribe and share your page, and also use social media to create awareness for your channel. When you build a good following up to a few thousand, you can expand into influencer marketing, which is another lucrative market.
Having a pet sounds like it’s all fun and games, but no one ever warns you about the responsibilities that come with it. Pet owners often find themselves in this position. They love their pets but just don’t have the time to commit to grooming their pets regularly. Well, some pet owners are simply lazy, but this is why it can be a business opportunity for you if you love pets enough and enjoy grooming them. Take the burden off their hands for a fee.
You don’t need special marketing, all you need to do is print a few flyers and share them within your neighborhood. When you get your first client, make sure their pet looks brand new when you finish and watch their face lit up with excitement and relief – that’s all the marketing you need because they won’t keep that to themselves.
CV and Cover Letter Writing
Even though millennials and Gen Z’s believe in self-employment and running their own businesses, several of us are still working for firms and we need our CVs and cover letters to look glam and convincing. However, most people are not good at writing, so, even though they might have the required skills, certifications, and experience for a job, they may not be able to get past the CV submission stage because theirs are not impressive. Your service is needed here if you are a good writer who understands CV and cover letter writing trends.
We are a generation of people who don’t like cooking, but at the same time prefer to “eat healthy”, so, how do we balance that? Well, by using the services of food vendors and personal chefs. So, if you enjoy cooking, you should consider providing food service as a business. With social media platforms such as Instagram, Facebook, and Twitter, you can build a customer base to sell to.
Looking flawless has never been such a huge trend as now. We can all agree that social media platforms such as Instagram and Snapchat also contributed to the need to have flawless skin and a glowing face. If you already have the required skills to provide skincare and facial treatments that can make people’s skin glow, then you have found a lucrative market. Otherwise, enroll in a beauty school to acquire the needed skills.
Travel and Lodging
No matter what is going on in the world, people are always looking to travel for adventures, work, school, or relocation. However, traveling requires a lot of scheduling, bookings, and more. Most people don’t have the patience to research, hence why they need a trusted travel agent they can pay to help them make all their arrangements.
There are so many opportunities in this market such as travel blogging, best deal ticket bookings, hotel bookings, trip planning, and lots more. You can start small and gradually learn on the job until you grow into a big travel agency.
We wish you the best in your future endeavors!