Information technology over last 20 years emerged as one of the topmost crucial and transformative sectors in the socio-economic development of the world. Realizing its significance, businesses use it to ensure their departments connect and operate as smooth as possible, government bodies utilize it to make all government services accessible to citizens etc
Here are top 10 best information technology related small business opportunities for individuals who aspire becoming entrepreneurs in the information technology field:
1. E-commerce solutions
There is a growing need for e-commerce solutions as a result of increasing preference for online shopping. Adding a web interface for brick and mortar companies isn’t an option rather a must. With few market competitors, today is a great time for launching a business that provides e-commerce solutions such as enterprise resource planning software, shopping carts, order processing software, SEO etc to those brick and mortar organizations that lack the budget for hiring professionals.
2. E-learning service
Electronic learning has won a defined place in the mission of most countries especially in countries like India, China, Bangladesh, Nigeria etc that aims at facilitating educational services to schools, colleges, universities etc through electronic media. One who is trained in e-learning domain should consider plunging into it.
3. IT hardware services
With the use of IT becoming indispensable across all business domains and growing complexity of computer networks, hardware support services that help in troubleshooting computer hardware failures, computer setup assistance etc to banks, government bodies and even to private corporations has emerged as a cashing cow opportunity in the information technology sector. If skilled, consider starting a hardware support services business.
4. Web portal services
As internet and e-commerce industries are on rising, a major market slice in the form of hotels, offline retail stores, tourist transport etc exists for internet portals dealing with shopping, travel and tourism, jobs etc. Furthermore, due to very small seed capital and input cost requirements, this business can prove highly rewarding for those who are best at offering web portal services.
5. Graphic designing
With the emergence of hi-speed internet and availability of great software platforms, anyone with an art of conjuring logos, brochures, packaging etc you can also think about starting a graphic designing business. Throughout the whole world, there is a mature market for graphic designing services.
In most least developed and in many developing countries, a telecommunication business might do wonders for your bank account because it is still largely unexplored in such countries. However, starting a telecommunication company isn’t possible unless you have a massive capital investment.
7. Internet cafe
Many think internet cafe is a dead trade due to the availability of cheap internet packs and smartphones. That isn’t fully true. In fact, wherever you launch an internet cafe business, it probably can greatly work there provided you offer good user experience.
Blogging is one of the cheap yet largely unexplored opportunities in the information technology field. It allows individuals particularly those with strong knowledge make income from third party advertisers like Google Adsense, affiliate marketing etc while running a blog that consistently publishes articles related to information technology.
9. Computer training
If you happen to be knowledgeable about computer hardware and software programs, you can set up a computer training institute where you would train students who want to become computer savvy.
10. Computer maintenance
Not every person who has a computer knows how to troubleshoot computer related failures. Starting a computer maintenance service business is an opportunity to generate part or full-time income while offering such people a professional computer repair services.