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.
9. Sports Magazine
There’re thousands of people who read sports magazines regularly looking for information, news, guides, happenings that are specifically tailored for their interests. So, if you’ve a pretty experience in journalism, then most certain business decision you can take is to start and run your own sports magazine.
10. Sports Newspaper
Rather just being the slave of your boss, why don’t you start and run your own sports newspaper in your area if you’re a well trained journalist and provide sports related information, latest news and happenings in the sports world to those who always are curious about sports in your locality.
11. Basketball Academy
Especially in countries like United States, Canada, Philippines etc where there are thousands of young enthusiasts who want to become professional basketball players, opening a basketball academy is one of the most fitting business choices for the retired professionals in these countries.
12. Cricket Pitch Construction
Providing this type of service demands that you’ve great skills of constructing and maintaining cricket pitches. If you have, then don’t give preference to any other business choice other than a cricket pitch construction and maintenance business.
13. Balls Manufacturing
The existence of passionate sports players will always keep the business of balls manufacturing erect in our societies. As long as they stick their selves whether with cricket, football, volleyball, soccer etc the demand for balls will always exist in them.
14. Cartoons production
Cartoons are one of the exciting things our kids love to watch on televisions or to play with. Therefore producing and selling sports cartoon movies and games such as football, rugby, wrestling, boxing players is another good choice for those who are looking for best and innovative sports business ideas these days.
15. Sports Training School
Don’t think tapping in any other venture other than opening your own sports training school if you are an expert in any sports game. If it is the cricket that you’re experienced at, then start a cricket training school or if it is the soccer, then start a soccer training school to train those who want to become professional players in your locality.
16. Run a Snooker Bar
Snooker over the last several years has become increasingly popular among vast number of individuals in our societies. Those who’re already running their snooker bars are really making it big from these individuals. So, if you have some investment and you aim to start a sports related business, then think of opening a snooker bar in your area.
17. Sports Blogging
Well apart from the above mentioned niches, you could also make good money via blogging if you posses sufficient knowledge in the sports domain. Unlike other business opportunities as outlined above, a sports blog isn’t capital intensive at all.
18. Online Sports Business
With every increasing online shopping shifts, you might also think to start a online store to sell sports goods to the people online.
19. Sell Sports Tickets
Since sports enthusiasts could sacrifice anything when it comes to watching special events such as cricket match, football match, soccer etc, starting a sports tickets business is another great business opportunity entrepreneurs should think about.
20. Sell Sports Clothes
Well besides the above highlighted sports business ideas, you also could start a store that would cater sports clothes to enthusiasts in your community.