To put things lightly, the COVID-19 pandemic hasn’t made our lives easier. Millions of people lost their jobs in 2020, and with thousands of businesses going under, the USA has found itself in the worst economic downturn in its history.
However, 2021 brings new business opportunities. Sure, starting a company in the middle of the pandemic may sound crazy, but with a great idea, you’ll be able to take advantage of the current situation and create something amazing.
That’s tricky, though. Coming up with the right business idea is not an easy thing to do. After all, millions of people want to become successful, and only a small percentage of them can achieve their goals.
To put things into perspective, in 2019 alone, there were almost 3.5 million new business applications in the US. Quite a competition, right?
Considering that and given the current situation, your small business idea has to be unique if you want to succeed. Sure, it takes more than an idea to make your venture successful, but it’s a start.
If you’re still struggling to come up with ideas for business, you can always start by analyzing the problems of your local community. What issues can you solve, and how will your business do that? Think about what’s missing in your town or city and come up with a way to fill the gap.
To help you find the inspiration, we’ve prepared the following list of, in our opinion, the best business ideas for the upcoming year. Let’s get started!
Home Maintenance Business
That creates a fantastic business opportunity for people who have a general idea about house maintenance. Just keep in mind that you have to know what you’re doing or hire people who have experience in this business.
Translation Services
If you’re a multilingual person, why not put your skills to work and use them to make money? With the internet connecting our world and more and more businesses expanding their operations, online translation has never been in higher demand.
The best thing is, you can translate everything from documents, through social media posts, to whole websites. You can also take part in content marketing campaigns. All that makes a translation service one of the best small business ideas you should definitely consider.
Home Care Service
Seniors and patients with chronic diseases are at risk nowadays. The pandemic is forcing them to stay at home, often without the necessary aid. And the thing is, these people often require full-time care.
While it’s crucial to help them, it also provides you with an opportunity to start a business like a1garage.com. By coming up with a house care business, you’ll be able to help those in need while making money.
What’s more, considering that our society is getting older, such businesses are the future. Also, home care can be everything from running errands, repairs, transportation, etc. It creates many opportunities and doesn’t require a significant investment.
Dropshipping
Dropshipping is a business idea that’s creating quite a noise in the world nowadays. In short, it’s a type of e-commerce business model in which you don’t need to deal with physical products. How does it work, then?
It’s relatively simple, actually. The first thing is that you need to start a digital store. After that, you have to find partners who will store, package, and send products to your customers.
What’s more, buying products directly from manufacturers keeps your startup costs relatively low, as you’re not the one who has to store and distribute them. The best thing, though, is that if a supplier stocks a product, you can list it on your online store with no additional cost.
Digital Marketing Services
The internet is growing fast, and with the abundance of companies, it’s getting harder for small business owners to market their products and services. That’s why online marketing services, like search engine optimization (SEO), content writing, web development, or social media platforms management, are on the rise.
All that makes starting a digital marketing business a fantastic way to make a lot of money while staying home. However, as great as it sounds, make sure you have enough time to spare, as online marketing requires you to be constantly up to date with its continuous changes.
On a more positive note, online marketing allows you to pick the type of service you want to start doing. And as you can see, you have plenty of options to choose from.
App Development
With smartphones becoming integral parts of our lives, the demand for mobile apps is constantly growing. In fact, it’s hard to find a person who hasn’t got a smartphone nowadays, and that creates plenty of business opportunities.
For instance, if you have technical experience and knowledge, you should consider creating an app or virtual reality development business. Once again, though, ensure your idea is unique.
Sure, with the abundance of apps on the market, it may be challenging to create something truly fresh. Nevertheless, if you have an idea you believe in, app development can be your golden opportunity.
Online Teaching
The pandemic has forced us to come up with ways to entertain ourselves. Some of us binge-watch Netflix shows, others invest in real estate, whereas many decided it’s time to learn something new.
The number of online courses skyrocketed last year, and it looks like this trend won’t change anytime soon. With that in mind, if you’re looking to start a profitable business, online teaching definitely has the potential to make a lot of money.
That is, of course, if you have something unique to teach your customers. Ensure there are users who want to hear what you have to say before you start your business. Checking what the market needs can always help you reduce the risk of failure!
Graphic Design Studio
With more companies trying everything possible to stand out among their competition, a graphic design studio has to be on our list of top businesses to start in 2021. Of course, it requires skill and knowledge, but if you have both, starting such a venture is a fantastic idea.
What makes it even better is the diversity. As a graphic designer, you’ll be able to create digital ads, flyers, posters, or infographics. What’s more, since all you need is a desk, a computer, and a cup of coffee, starting costs are relatively low.
Conclusion
It takes much more than an idea to create a successful business. Still, having a unique vision of what your venture should look like is a great start. The only question is – how to distinguish good small business ideas from bad ones?
When it comes to that, you have to do market research to determine which trends are here to stay. Another thing is to remain calm and not get too excited. It’s easy to get your hopes high when starting a business, only to close it a few months later due to the lack of income.
And while the business ideas we’ve presented above definitely have the potential to make you successful, it’s your job to ensure they do.