Here are our selections for the best ideas from Startup businesses based on current trends in business and demographics, in no particular order.
Develop a Solid Business Plan
There are many reasons why having a solid business plan is a good idea. An essential component of a business plan is to research the market. Having a business plan is also essential if you need seed capital, such as debt financing from a bank or equity financing with investors.
When you have a business plan and initial capital, select a winning name for your business and record it in your state. Decide what type of commercial property works best for you. Do you want to be a sole proprietor or start a partnership? Should you incorporate? Obtain all the licenses or business permits that are necessary and register to obtain taxes if this is necessary in your state. Look into the insurance needs. Then start promoting your business.
Obtain the Necessary Education, Skills and Training
There are no shortcuts to start your own business. You will have to acquire the necessary academic credentials and / or the skills and training to take advantage of some of these opportunities. Working as an employee or apprentice in the field you chose for a period of time before working on your own can provide you with the training and business skills and experience necessary to start your own business. It can allow you to make a name and develop a list of clients so that you have potential customers when you start your own business.
Most people have the vision that food trucks serve traditional fast food like Noodles, hamburgers, fries and Fried Rice, but there’s no reason why mobile vendors can not sell good, healthy and nutritious foods.
Support Services for Facilities
Facility support services are a general term that covers the full range of business facility services, including:
- Building maintenance
Do you think that an independent cafeteria that serves espressos, lattés and cappuccinos can not compete with Starbucks? Think again. Recently a new cafeteria opened in my small town and has been full of customers since the first day.
If the construction is in your blood and you think you would enjoy making dreams come true for the renovation of clients’ homes, why not turn it into a business?
Ask almost anyone who needs repairs or renovations in their home (or business): remodeling contractors are hard to find and good ones are always busy.
Virtual reality (VR) computing is a breakthrough to immerse the user in a realistic sensory experience. The hardware and software vendors are working hard to bring new virtual reality products to the market and the industry is growing at a parabolic rate.
The potential uses of virtual reality for business or pleasure are practically unlimited. For example:
- 3D movies : watching a 360 degree movie of virtual reality
- Real estate marketing: Imagine you are looking for a new home and can take an online VR tour of a house advertised from the comfort of your desk chair.
- Games: virtual reality is revolutionizing the gaming industry, as new virtual reality titles are released almost weekly.
- Team building exercises: reorganization of team building events with a virtual reality experience in a group
- VR interaction in social networks: friends can interact in a virtual space online
- Training: virtual reality can inject a much greater degree of realism into the training scenarios. Many companies (such as UPS) are launching new driver delivery training programs using VR.
- Meditation : Virtual reality is ideal for personalized meditation.
Tiffin /Food Kit Sale and Delivery
Customers select online recipes and meal kits with previously cut and measured ingredients are sent home at the chosen date / time, along with cooking instructions and / or final preparation. The information listed, such as calorie counting, allows consumers to comply with dietary requirements.
Software Engineering and Development
Software engineers and developers create, test and maintain software on a variety of platforms, from mainframes to mobile devices.
The nature of the software development industry makes it ideal for contract employment. Many software engineers start as salaried employees and eventually become contractors on their own. Cloud computing and remote accessibility make software development an ideal home-based business.
Other high demand and well paid opportunities in the information technology sector include:
- Systems analysts
- Hardware / software technicians
- Network engineers
- Security specialists
It is unfortunate that today some parents have a tendency to discourage their children from considering skilled trades as a career option, in part due to the mistaken belief that trades are poorly paid. In fact, qualified traders are generally well paid and enjoy satisfying careers.
It has been estimated that 40% of current traders will retire in the next decade, creating a high demand for talented workers in trades such as:
- Carpentry and construction in general.
- Plumbing, pipes and steam systems.
- Electrical and electronic control systems.
- Heating, ventilation, air conditioning and refrigeration (HVAC)
- Machinists and metallurgists