By
Lanee’ Blunt
There are many profitable business to start |
You
may be looking to start a small business this year. There are some potential profitable businesses that you can start that will be in high demand in the
coming year. Some of them have lower initial investments, but will make a
profit. When you start your own business you need to make key financial
decisions and complete a series of legal activities before you can open the
business. The start-up requirements will depend on the type of business you are
going in. Advertise your business for new customers.
Home Elderly Health Care
Start
your own eldercare service. This can be a lucrative business because there is
an increase in the elderly population and a need for this service. Most adult children are looking for someone
that they can trust to take care of their parents. If you want to make top
wages you should take some classes in nursing. Home health eldercare is a
popular alternative to nursing homes, and the startup is relatively low. You will need business cards, website,
brochures, and character references.
Consulting
Do
you have experience in an existing job?
Work as a consultant. Put your skills and experience to work and hire
your services out on an hourly rate or a flat fee as a freelancer. Corporate layoffs have made a lot of people
repurpose their skills and do what they have done for years, but for
themselves. There is a demand for
consultants for public relations damage control, minimize financial losses, and
help companies save money, according to Inc.com. Market your consulting
business and find work online or send direct mail to local companies and
corporations.
eCommerce Website
The
first thing you are going to need is a plan. Opening an ecommerce store
requires little overhead, and the startup cost is low. You might want to sell
many of your own products, or work with wholesalers when opening your own
ecommerce store. When approaching wholesale suppliers make sure you understand
the volume discounts, return policies, and order processing time.
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