If you’re planning to start a business in 2017 but lack ideas, here are 30 best new, in fact, the most profitable small business ideas and opportunities that experts believe are poised for success:
It is firmly believed by most analysts, though we do not claim all, that 2017 will be a favorable year for entrepreneurs. As per them, the ever-increasing population, adoption of modern and advanced technologies, internet’s penetration to remote areas, increasing rate of smartphone adoption, increasing number of dual-income earners and millennials etc will foster a favorable climate across multiple sectors such as real estate, e-commerce, furniture, clothing, logistics etc.
Based on these positive market trends, here are 30 best, in fact, the new low-cost small business ideas that are poised for success in 2017
1. Real Estate Business
As a result of increasing human population, increasing number of startups and established companies looking for more expansion, the requirement of more homes to live in and office spaces to work from will be high in 2017.
Moreover, the current positive support of delicate inflation and interest rates will also play a significant role in driving people and business owners to buy homes and rent office spaces in 2017. Keeping this in mind, it is evident that starting a real estate related business can prove rewarding for aspiring entrepreneurs in this year.
2. Deliver Tutorial Services
Even in today’s internet age, there is still a huge market for tutorial services, because nothing can surpass the shared space instructions. Hence, if you have secured academic certificates and you love to interact with students, then you should consider starting a tutorial business in 2017.
3. Fitness Training Center
Recently conducted surveys have revealed that due to the shift towards sluggish lifestyle, many people today get prone to heart diseases, obesity etc, thereby triggering the need for regular exercises. Hence, aspiring entrepreneurs who are certified trainers can consider starting a fitness training center in 2017.
4. Supplement Business
To stay energized, every single human is supposed to take adequate nutrients at regular times. But unfortunately, today’s busy lifestyle hardly allows us to eat what we need to, thereby increasing the demand for supplements. Therefore, as an entrepreneur, you may cash into a supplement business in 2017.
5. Deliver Innovation Solutions
As customers continue to gain power, the need to become more efficient has become important, thereby pushing companies to embrace more innovative and smart solutions. Hence another great, in fact, the new business opportunity aspiring entrepreneurs can think in 2017.
6. Open an Online Retail Store
As more and more people continue to put faith on online shopping as a result of penetration of high-speed internet, availability of cheap smartphones, more secure online payments etc aspiring entrepreneurs could reap huge benefits by launching an online retail store business in 2017.
7. Web Designing and Development
As a result of increasing online shoppers, having a web interface(website) these days has become important for brick and motor companies, thereby increasing demand for professional web designers and developers.
Therefore, if you’re someone who is acquainted with great web designing and development skills, then you should put them into practice to help these companies have customer friendly websites.
8. Deliver E-commerce Solutions
Well, apart from web designing and development, you can also deliver e-commerce solutions like as domain registration service, hosting service, create ERP software and shopping carts etc to these companies in 2017.
9. Deliver SEO Services
These days, having a website for a business that ranks higher in Google is paramount to online success. To achieve such higher Google presence, SEO specialists are in high demand today. Therefore, if you have mastery of SEO techniques, then consider delivering SEO services to a vast number of local businesses in 2017.
10. Become an Affiliate Marketer
As more and more online portals continue to emerge, the need for more affiliate marketers to promote their products and services also increases with time, after all, it the cheapest way of promotion on the internet these days.
Therefore, if you have a blog and want to fetch more money than Adsense, then consider to monetize it with affiliate links. You will earn commission for every sale that will take place through your links.
11. Become a Blogger
Blogging is one of the trendings, in fact, the cheapest way to make money on the web these days. Since modern day people want much freedom and fulfillment, blogging has emerged one of the best options that make them enjoy both.
It is a simple business that just requires a laptop and an internet connection to get kick-started. However, it is very important that you should have the ability to write interesting and valuable articles in order to succeed in attracting more visitors towards your blog. Once you set up your new blog, write 30-50 high-quality articles and then apply for Adsense to show ads adjacent to them and hence make your money.
12. Social Media Consultant
Perhaps there is no other better and cheapest way to connect with customers other than social media in these days. Recent researches point that today people spend more time on Facebook, Twitter etc than a pub. As such, companies are realizing the benefits they could gain from these platforms.
Since many companies out there don’t have the financial ability to set up such a department, aspiring people who have a healthy experience in designing social media campaigns should consider becoming a social media consultants for these companies in 2017.
13. Deliver Writing Services
High-quality content to make visitors spend more time on blogs is imperative these days. Just like social media, there are many businesses that can’t afford the salaries of blog writers and as such, they prefer to outsource it.
Therefore, if you are a person who has the great writing skills, then consider delivering writing services to these businesses in this year.
14. Human Resource Business
As outlined above that more startups will emerge up and existing business will head towards more expansion, the need for skillful as well as the unskillful human resource will be huge in 2017.
Hence, those aspirants who have gained some experience in human resource management should consider starting a HR consultancy business in order to help these companies(startups as well as existing companies) to fulfill their manpower requirements.
15. Develop Mobile Apps
As laptops and PCs are being overtaken by smartphones day by day, the mobile applications are gaining high presence. Even, technology forecasters claim that mobile app preference will be very high in 2017, 2018, 2020 and beyond.
Therefore, if you possess programming skills, then you should consider starting a mobile application business and thus assist companies to adapt to the mobile space.
16. Deliver House Cleaning Service
Due to the busy lifestyle, it is very difficult for most modern day people to get sufficient time to clean their homes, thereby triggering the demand for cleaning services. Therefore, if you are a person who doesn’t mind getting your hands dirty, then you should give thoughts to starting a house cleaning business in 2017.
17. Equipment Supplies Business
As experts say that more small-scale manufacturing startups will dive to serve existing as well as arising needs of people, thereby the high demand for more machinery, equipment, and tools in 2017.
With this in mind, aspiring entrepreneurs who possess sound financial backup can think about starting a machinery, equipment and tools supply business in 2017.
18. Open a Wholesale Business
As the number of retailers continue to increase be it in urban regions or semi-urban and even in remote villages, aspiring entrepreneurs may also consider to start a wholesale business in 2017 and help these emerging high number of retailers to fulfill their inventory needs.
19. Computer Repair Business
Computers are an important part of modern life. No one can imagine a world without these electronics machines. Wherever you look, you will see these machines help people finish their tasks in just minutes of times, thus increasing more comfortably to our lives. However, there are times, when these machines get prone to complex problems which we and you can’t fix and that is when computer repair technicians are called upon.
As today, there are more computers than ever, the availability of computer repair technicians becomes important to keep these valuable machines well in form. Hence, if you have skills to fix problems in computers, then you should ponder upon starting your own computer repair business in 2017.
20. Cell Phone Repair Business
You certainly can’t find a hand that doesn’t hold a cell phone today. Just like everything else in the world, a cell phone too can become victim to troubles sometimes and that when cell phone repair technicians come into play.
Since these devices today are more in number than ever and it’s even projected that their number will increase in future, starting a cell phone repair business can prove compelling if you have skills to fix faulty cell phones.
21. Deliver Logistics Services
Recently conducted researchers have depicted that manufacturing, as well as e-commerce industries, face a high deficit of logistics services(inbound as well as outbound), therefore great opportunity entrepreneurs can pursue in this year of 2017.
22. Become a Freelancer
More than ever, there is a high demand for freelancers in many areas such as newspapers, magazines, online portals etc. Therefore if you have the ability to write great content, then you may take the plunge of becoming a freelance writer in 2017.
23. Small Healthcare Clinics
Even living in 21 century, there are many regions(rural as well as semi-urban) especially in Asian and African countries that lack adequate healthcare facilities. Surveys have depicted that there are many certified physicians who are unemployed in those areas, thereby a great advantage to local based entrepreneurs. Therefore, if you live in such regions then consider starting a small healthcare business there.
24. Open a Beauty Salon
In today’s lifestyle almost every single women as well men strive to appear beautiful and smart over others. As a result, the high demand for beauty salons has picked up in recent years. Hence, if your hands have the magic to enhances people’s facial appearance, then you should think about opening a beauty salon business in 2017.
25. Online Food Delivery
Though many areas such as shopping, banking, education etc have been covered online, yet food is one such area that is still largely unexploited. Especially in metro cities, an online food delivery service has great potential to succeed.
26. Event Planning Services
Every single business today realize the value of planned meetings and events, hence driving the demand for professional event planners.
27. Car Repair Services
Regardless of integration of advanced technologies in modern day cars, there is nothing that can prevent accidents and other car related problems. As the number of cars are continuously growing and service centers are charging high costs to fix issues, thereby increasing more demand for independent car repair services, after all, they prove less costly over service centers. Hence, if you’re technically inclined to fix faults in cars, then consider starting an auto repair shop business in 2017.
28. Printed T-shirts Business
Customized t-shirts continue to grow in demand especially in companies, schools etc and it is even expected will surpass the figures of 2016. So, as an entrepreneur, you may also consider venturing into a custom t-shirt printing business in 2017.
29. Deliver Catering Services
Since events whether (commercial or community based)continue to increase with every single day, the demand for food caterers is also growing in high demand day by day. Therefore, another one of the great small business opportunities you can consider in 2017.
30. Mobile Carwash Services
As it is very hard for most people to find enough time to wash their cars on their own, the demand for mobile car wash over the years has gone high. Hence, starting a mobile car wash business another great small business opportunity that entrepreneurs can ponder upon in 2017.