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10 New Small Business Ideas To Consider in 2019

  • April 9, 2019
Small Business Ideas 2019
Small Business Ideas 2019
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What makes the idea of “being your own boss” so attractive to many people is the flexibility it gives you to manage your time, space and most of all, income. Besides, there’s a satisfaction that comes with seeing small business ideas you birthed grow into something big and successful.

According to the finding of a recent University of Phoenix survey that involved 1,600 participants, 63 percent of people in their 20s either owned their own businesses or wanted to someday, and of those who were not already entrepreneurs, 55 percent hoped to be in the future.

What’s probably holding you back as a ‘wanna be’ entrepreneur could be lack of money or fear of the business failing. There are new small business ideas that require low investment and the potential to yield a profit after a reasonable amount of commitment and dedication.

Succeeding in any one of these businesses demands that you have the passion for it, as well as, the relevant skill set. Here are 10 new small business ideas that could get you started in your journey to becoming an entrepreneur.

1. Event Space And Event Planning

Do you have a creative edge and good organizational skills? Then you may want to try renting out an event space for birthdays, weddings, and corporate events. While securing a good building or land may cost you a ton of money, the potential of this business to fetch you money for many years makes it all worth it. You can offer event planning services alongside the rental business or partner with an event planning agency. Doing this will make you the number one destination for party hosts.

2. English Coaching Class

If you have a good command of the English language, you can easily dive into this business. There’s a huge need for it in the market, lots of people want to know how to speak and write better in English. And what’s more? You don’t need much to get started. Set up some few wooden benches and a whiteboard or blackboard and you are good to go. Although, you will have to do a bit of advertisement at the early stage.

3. Tattoo Shop

You might have noticed how the body parts of many youths are covered in amazing tattoos (tats). For some, the tats are a way of expressing themselves or sending a message and for some others; it’s just to look tough and street-wise. Either way, they don’t mind spending a good amount of money to get it. So, it’s reasonable to say opening a tattoo shop is a lucrative career option nowadays.

4. Fitness Trainer

Having a well-toned body, a flat tummy, six packs and so on is very important to a lot of people. They don’t mind spending a good chunk of money on anything or anyone that promises to deliver exactly that. If you love exercising yourself and have a very good knowledge of general fitness, consider pursuing a career in personal fitness.

5. Food Truck

Food is not only a want, it’s also a need. People need to eat and sometimes, and they are too busy to cook their own food. So, coming across a food truck dishing out good food at a reasonable price is always welcomed with open arms. If you have access to a van or can buy a truck, then hit the road with coolers full of steaming local delicacies and watch your bank account grow.

6. Beauty Services

If you are the one your friends or family members come to for makeup and hair recommendations, you should consider becoming a professional stylist. Get started by fine-tuning your skills and then do some traditional marketing through word-of-mouth and providing your services to clients in their homes. You could open your own beauty salon as well, but only when you’ve gathered enough money.

7. Daycare Provider

Some parents need to go out and work, and they can’t just leave their little ones at home, with no one to watch over them. Daycare facilities become the next option they consider. If you love kids or are a parent with your own children, consider starting a daycare center. The success of that business depends on how competent you are.

8. Uniform Sewing

Can you sew or have you just completed your sewing training with no prospects coming in? Pitching your skills to schools and organizations that need uniforms could bring you one step closer to achieving your business goals.

9. Training Center

If you’re skilled in a particular academic subject or computer program, have you considered training/teaching other people? So long as you are really good at what you do, people will keep coming back. You can hire other specialists that can help with teaching some additional skills.

10. Graphics Design

As a graphic designer, you can help design logos and develop concepts for businesses. Graphic design is a job that’s currently in high demand and it shows no sign of backing down yet. So, if you are a creative enthusiast who is competent with technology, consider pursuing a career in graphic design.

Be bold enough to try any of these ten small business ideas this year.

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