6 Small Business You Can Start in 2020

Before establishing a business, it is crucial to pick out the right business idea; you should know your investment capability, skills set and accordingly, select a business
  • BY Jaspreet Kaur

    Feature Writer, BusinessEx

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  • Sep 11,2020
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  • 16 Mins Read

Doing a nine-to-six job can be tedious and banal for you. Many people seek an entrepreneurial role wherein they can have independence and more profitability. If you wish the same, then it is the right time for you to quit your job and put on the boots of an entrepreneur. At present, there are various hot new business ideas that you can pick and start your small business.

Before establishing a business, it is crucial to pick out the right business idea. You should know your investment capability, skills set and accordingly, select a business. Here are is a list of small business ideas that you can kick-start. 

Stitching Business 

If you like stitching and can do altercations to clothes easily, then use your skills in a better way. Rather than working for a company, you can start offering sewing and altering services to customers. You can start a small business in this niche and gain specialization in stitching as well as repairing garments.  

To carry out this business, you do not need any degree or training. You can offer stitching and altercation services after attaining a skill set. This business can be started from anywhere including home. The cost of establishing the business is also low as compared to any other business.

Accounting Business

If you have been auditing or attained a CA or a Bachelor's degree in accounts, then you can certainly start an accounting business. It can be one of the hot small business ideas as you would be serving several companies. Today, accounting is much more than preparing taxes for a company.

Before opening an accounting firm, it is advisable to work under a CA firm or an accountant. With this, you will earn experience and later, can easily handle work independently. Furthermore, you will make good connections after working with a renowned organization.

Fitness Center

If you are ardent for fitness, then you can think of opening a fitness center or offering personal training services. There are a plethora of options available if you want to start this small business idea such as Zumba training, yoga training center, and becoming a personal trainer, etc.

To start this business, you need to have a degree or certification in yoga, Zumba, and personal training. Once you attain the degree, then you become eligible to run your fitness center.

Freelance Writing Business

If you have a good hand in writing and impeccable grammar, then you can begin working as a freelance writer. It is one of the best small business ideas on the list. You would not have to invest any money into the business; all you will need to have is flawless writing and expertise in creating different types of content.

To find more writing proposals, get yourself register at freelancing websites like Fever, Elance, and Upwork. You will find plenty of deals on the cited websites; chose any depending on price, content requirement, and deadline. 

As time goes by, you can create fortes in different content forms like technical writing, publishing, content writing, and copywriting. You can also try your hand in editing and proofreading as media companies and publishing houses often require copywriters for editing, as well as proofreading, the content. Rather than taking a full-time role, you can ask for remote working and thus, work at your convenience.

Resume writing is another form of writing that is gaining prominence lately. If you know the jargon and have a hold over grammar, then rectifying errors, aligning information, and making resume enticing is an apt role for you. 

Gardening Center

If you have expertise in gardening but do not want to offer gardening services, then slightly change the business model and open a gardening center. A gardening center is one of the small business ideas in the list that fits well to your financial requirement.

In this, you can educate and train people on how to look after their gardens. You can teach different gardening skills to the people. Holding workshops in corporations is another way to extend your gardening center further.

Tuition Centre

If you were bright in studies and want to earn extra by helping younger kids, then the tuition center is apt for you. It is one of the hot business ideas that will require zero-investment. All you need to do is inform your friends and in the neighborhood that you are offering tutoring services. This will, in turn, promote the business and get students to enroll in the tuition center. Once they like your way of teaching, they will inform others, thereby, promote your business through word of marketing.

The cited information is useful. Aspiring entrepreneurs should follow these small business ideas to establish a lucrative enterprise. Besides this, there are several business ideas available in the market contingent on financial, regional, and economic factors. 

 

 

 

 

 

 

 

 

 

 

 

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