One of the things that we get to hear about sports industry is that it is all about selling tickets to sports fans or selling goods to those who love to participate in sports activities. Though it was true decades ago but today sports industry has gone beyond them. The industry has changed a lot since that time. Today, it offers countless opportunities to the entrepreneurs looking to start a sports related business.
The increasing penetration of internet and smart phones has been one of the main factors that has changed the landscape of sports industry. You have now online tools to create and sell games instantly. You can start a blog to share your expertise over internet with those who need it.
You could also provide real time updates about events to the sports enthusiasts. People do not need to stick with their TVs any more as they could watch favorite games on their smart phones and much more opportunities have born up ever since internet made its entrance in our lives.
Here are 20 best, in fact the highly lucrative sports business ideas and opportunities aspiring entrepreneurs may consider in 2017:
1. Personal Trainer
The demand for personal trainers these days is booming. So, if you are looking for a career in the sports industry that could give you much flexibility and independence, then consider to become a certified personal fitness trainer.
2. Begin a Gym Center
The need to stay fit and look great is rising these days and one of the ways that fulfills that need is a gym center. So if you have excess to some capital, then think to open a gym center in your community.
3. Massage Business
From professionals to weekend joggers, the demand for sports massage has also geared up over the years. It is one the strategies athletes use to get well fast. Therefore, if your hands have the magic to heal their injuries quickly, then you must consider starting a sports massage business.
4. Bounce House Business
A bounce house is one of the favorite items kids love to play in during outing times. So, you could offer bounce house rentals to these kids in your area and therefore earn your cash from their parents.
5. Sports Bar Business
There are still many people who love to watch sports more than participating in sports activities. So by starting your own sports bar business, you could offer them that service and hence fill your pocket with huge amount of money.
6. Become a Coach
If you have experience in any particular sports game such as tennis, golf etc, then one of the good options for you is to start a sports coaching business to train those who want to master such activities in your community.
7. Sports Goods Store
As long as we have the people(mostly youngsters) engaging themselves in different sports games, activities and events such as soccer, cricket, football etc the need for sports goods will always exist in them. Before you put yourself to work with this business, it is important that you find out which sports game or activity people love to play in your locality.
Once you get to know which is being loved in your area, analyze how many competitors exist there that sell sports goods to them. If the competition is low, then obviously you have good chances of making good living and in case it is higher think how differentiated you need be in order to stand out in the crowd.
8. Sports Toys Store
Go back to your childhood memories and recall what was it that you used to play with. Playing around with toys is always exciting for kids. Kids can stop eating but when it comes playing with toys, then won’t ever leave it. The need for sports toys will always exist within our kids.
Wherever you reside in, you’ll always get to see a vast market for sports toys. So, if your area faces low competition, then think of serving this children segment.