Connect with us

Business

Top 20 Small Business Ideas For Beginners In 2020

Published

on

Top 20 Small Business Ideas For Beginners In 2020

Top 20 Small Business Ideas For Beginners In 2020

Nowadays, tens of thousands of people are considering starting their own business, and for good reasons.
Operating and running a new business venture successfully is a tough duty. According to a report, about 85% of new businesses close down in the first year. That’s a high failure rate. This should make you more conscious about the steps you take to establish your startup.

Small business entrepreneurs have many opportunities that they can explore successfully, all they need is a great small business idea. All good business ideas do not require spending of greater funds, but surely need thorough research before you take a step. However, make sure that you give your time and have some clever marketing plans in place to get a good start. we will look at Top 20 Small Business Ideas For Beginners In 2020 today.

Here’s the secret to finding an awesome business idea. You need to be systematic and you need to be thorough. You need to put together a solid list of proven and practical business ideas. Then you need to carefully evaluate which ones would be most likely to work for you.

Top 20 Small Business Ideas For Beginners In 2020

Have you been asking yourself what business to start, then this article is for you.
Let’s take a look at the list of Top 20 Small Business Ideas For Beginners In 2020
that’ll make you money in 2020.

1. Photo Printer
While photo printers may seem like a blast from the past, the nostalgia element combined can help bring back print photos.
The key to marketing this business will be including two main components: a hint of nostalgia and a highlight of security. You can create funny ’90s themed videos of people printing their pictures and storing them in a box. Highlight that this is a way of keeping your memories on-hand at all times.

Also See: How to Make Money From Gift Card Business in Nigeria

2. Bakery Business
Starting a bakery business is one of the most successful home based businesses available today. If you enjoy baking and got skills not only to create tempting food but also visually appealing, then this can be one of the best startup ideas. You can also tie-up with retail shops to sell your products in their stores.
While going with this business opportunity, there is one thing that you need to keep in mind and that is business plan. Just like other businesses, home based bakery business also requires a proper business plan.

3. Sewing Business
If you enjoy sewing, you might like a business specializing in altering or repairing garments. While you don’t need a specific degree or training, you’ll need a certain level of skill to get started with this one.
However, if you’re already great at sewing, an alteration business could be a great fit. It’s a perfect home based business opportunity, and you’ll have limited overhead if you have a sewing machine and a good iron, you’re halfway there.

4. Cleaning Service (Laundry and house cleaning)
There are many directions you can take this business. If you want to work during hours when no one else does, you can focus on office clients. You can focus on retail businesses and keep your customers clumped into one or two blocks. Restaurants are in great need of daily thorough cleaning and can be a great source of steady clients. Perhaps you would be more interested in house cleaning. Many times with cleaning services you don’t have to spend lots of money on advertising or marketing because your customers will come by word of mouth.

5. Product and Business Reviewer
Startups or individuals usually look for people who can write reviews for their products or services to encourage the audience to make a purchase. If you love to write and looking for online business ideas, then this can be a great option. You can either get started with a profile on freelancing websites or contact companies directly.

6. Start Cooking Classes
Do you make food so scrumptious that your loved ones can’t stop praising about the food and the presentation? If the answer to these questions is yes, then it means that you are a great cook.
Starting cooking classes is also one of the great business ideas from home. Just like fast food joint, this business too requires minimum capital investment, and once you start gaining popularity, you can always start your own training center.

7. Ice-Cream Stand
Starting an ice-cream stand or a kiosk can bring you handsome profits. You can have a mobile or a fixed ice cream stand, whatever brings you more income.
When it comes to ice-creams, people love to try new flavors. Spread the word on social media pages and make your audience aware of the new ice cream flavors, special offers, etc.

8. Website Design Service
In today’s digital world, you will hardly find any company that doesn’t have its own website. Even if it is a one-page website, having an online presence has become necessary for businesses. In order to look fresh and impressive, companies keep revamping their website design.
If you have all the required skills, then having a business of website design can be the best option for you. You can get lots of clients and few professionals to meet their requirements. This is one of the small business ideas, which has really worked well for many.

9. Electronics Repair Service
This business is similar to the computer repair business, but you will take on all sorts of electronic equipment besides just computers. With smaller electronics, you will need to be prepared to have customers bring their repair projects to you, as you would have difficulty recovering the cost of driving around picking up broken equipment and returning it. You may also want to encourage people to give you their old electronics so you can use them for parts.

10. Currency Trading (Exchange)
Currency trading can be one of the most lucrative and fascinating small business ideas. If you are someone who is good with numbers, willing to work long hours, ready to take high risk, then this is the ideal business for you.

11. Photography
Photography is not only about capturing pictures but emotions too. Taking pictures is now no more a hobby. It has turned into a business now. In 2015, the digital photography market was estimated to reach $77.66 billion, it is expected to touch $110.79 billion marks by 2021.
This type of business often grow by word of mouth, but you can create a Facebook page, Instagram page or any other popular social media page where you can tag your clients and gain popularity.

12. Interior Decoration Service
Market your talents to building contractors. People purchasing new homes can often be overwhelmed with the choices and possibilities in home decorating. Design some questionnaires for each major element and each major room in the house.

13. Writing as a Freelancer
Sites like Elance and Upwork are great places to get started freelance writing, and you can easily build a small business around your skills as a freelance writer, or potentially expand to include other writers (or graphic designers, web designers, and so on) down the road.
Another great thing about starting a freelance writing small business? You can tailor it to your strengths. Whether you’re interested in copywriting, technical writing, or writing for trade publications, writers are always in demand.

14. Mobile App Development
With a majority of people using smartphones, there are countless apps that are developed every day. In order to tap into new revenue streams, companies now find mobile apps more useful than desktops. Currently, there are around 2.53 billion Smartphone users worldwide, and the number is expected to grow by 2.87 billion by the end of 2020.
Since the vast number of apps operate on a free or freemium basis, in-app purchases and digital advertising represent their primary strategies of app monetization.
It is giving a lot of app developers a bright future in the industry. If you are brilliant tech-savvy, then you may think this as one of the best businesses to start in 2020. Get as many clients as possible. Hire other developers, as required to meet the requirements of your clients.

Also See: Step by Step Guide on How to Come Up With a Blog Name

15. Proofreading Service:
Similarly, editing and proofreading services are always needed and would make a great small business idea. You can begin by taking on freelance work and go from there (and surprise—you’re already a sole proprietor!).

16. Make-Up Artist
Companies from all around the world have come up with innovative beauty products that have started giving more confidence not only to females but males too. Make-up artist is one of the most successful home based businesses available today.
It is the most lucrative business provides flexibility, recession-resistant and non-seasonal markets. If you know how to create magic with powders, lipsticks, and shadows, this could be the business for you.

17. Online Tutoring
The online tutoring service industry is growing rapidly with the continued development of technologies and widespread usage of the internet. Individuals who don’t have time to attend full-time classes have started taking the online classes.
Just choose the field you are passionate about and help others in gaining knowledge by providing virtual classes. At every stage, people love to learn new things. So having online tutoring can be a profitable business.

18. Massage therapy business:
While it does take licensing to become a massage therapist, starting a massage therapy business can be a great career for someone who enjoys working with people, and making them feel relaxed and peaceful, or helping them manage pain or injury.

19. Clothing Boutique
There are individuals who have a great eye on fashion, who can create different styles by using any patterns, who can make some look fabulous at any occasion. If the person sounds like you, then you should consider your passion for fashion into business.
Like any other business, before opening a clothing boutique, you need a proper business plan, a right location, and trained people. While setting up your boutique make a list of suppliers and start marketing your business in advance. Check out some tips on how to generate business name ideas for fashion companies.

20. Beauty salon Business
Like a massage therapist, you will need a license to be a hairstylist, esthetician, or nail technician. However, if the training sounds enjoyable, consider looking into starting a salon or spa business.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

How to Make Money From Gift Card Business in Nigeria

Published

on

How to Make Money From Gift Card Business in Nigeria

How to Make Money From Gift Card Business in Nigeria
After much research We have come up with the root of gift card business in Nigeria, and here we have some of the most important information about gift cards online trading in Nigeria whether iTunes card, amazon card, steam card, Walmart etc.

Lately, Gift card Exchange or buying and selling gift cards online in Nigeria as a business has been making waves and it will be quite awful not to pay attention to it.
You can swap your gift card for some cool cash. Of course, you have to sell the gift card at a discounted rate, but you will get the money you need to buy whatever you want.

This article summarized the general idea behind How to Make Money From Gift Card Business in Nigeria, the best platform to trade and the most important information you need to know when selling gift cards in Nigeria.

How Is The Business Of Gift Card In Nigeria?

We all know, Nigerians are not so inclined towards making online payments with gift cards. So, when they get a gift card, maybe buy it online or get it as a gift, let’s say iTunes gift card, instead of proceeding to the iTunes store to buy something with it, they prefer to trade it for cash and do something better with the money.

Also See: How to make money by selling printables

As regards to this, business minded individuals have set up online platforms to solve this problem, thereby providing an avenue for people to be able to easily sell gift cards in Nigeria without stress.

The Business of Reselling Gift Cards is a big business. This usually involves buying gift cards at a deeply discounted rate from consumers who want to swap their gift cards for cash and selling to shoppers looking for a bargain at a price higher than your purchase price.

This means you could buy a $100 gift card for $60 from someone that needs quick cash and sell to another person for $90 and take the $30 profit.

What Are The Challenges Of Gift Card Business?
Every internet business comes with its own challenges, gift card trading is not left out. Below are some of the challenges you are bound to face when dealing with gift cards:

1. Trust Issues:
There are rippers online who are only interested in scamming your gift cards with the promise of payment but end up not paying for your property. Therefore, you need to be careful when trading online.

2. Rate Issues:
Quite right, you are not expected to get 100% of gift card value when you are trading gift card for cash. But you should at least get a reasonable money value. There are some platforms that offer very low rates, you have to avoid such platforms to make enough profits.

3. Payment Speed:
You should always look out for how long it takes to get your money. On average, redeeming gift card do not take more than a minute. So getting paid should not take more than 5 minutes if you get a good exchange platform.

4.Payment Option:
There are some sites to sell a gift card that offer limitations to payment options. Some offer only bitcoin payment, some only Naira. It is better to use a platform that offers flexible payment options.

Also See: Step by Step Guide on How to Come Up With a Blog Name

How to Get Trusted platform to sale:

You can ask around if there is a legit buyer around you which you can meet and transact peacefully.
To save you the stress of having to look for the best platform that offers the best trading experience and beats the challenges listed above. We recommend efastexchange.
efastexchange.com is an exchange platform where you can Buy or Sell your Gift card with ease.
They buy at an amazing rate and accepts many payment methods .

efastexchange Contacts:

Call/Whatsapp: +2348060991753

You can always contact them to sell or buy Giftcard.

Continue Reading

Business

Step by Step Guide on How to Come Up With a Blog Name

Published

on

Step by Step Guide on How to Come Up With a Blog Name

Step by Step Guide on How to Come Up With a Blog Name

Are You a new blogger starting a blog and coming up with ideas for a blog name is putting new wrinkles in your forehead. The truth is that there are ways to come up with good blog names that we probably wouldn’t have thought of on our own. We’ve all been there – endlessly listing blog name ideas that aren’t quite what we’re looking for.
Are you ready to think up an awesome name for your new blog… To help you choose the perfect blog name, we’ve compiled this guide, This guide will help you no matter which type of blog you want to start. Be it travel, food, lifestyle, finance, health, tech, or something else.

Step by Step Guide on How to Come Up With a Blog Name: 5 Questions to Ask

1. What is your blog going to be about?
If you’ve already decided on your niche, then the answer to question one should be straightforward. If you’re still undecided then now is the time to answer the question.

2. Who is your target audience?
It is important to consider your target audience when choosing your blog name. Knowing your target audience also influences the name you choose for your blog.

3. What Is Your Writing Style Like?
Closely related to your target audience is the tone and voice you’re going to use.

4. What Happens If You Blog on Other Topics?
This might be hard to answer because it’s impossible to know the future!
Still, it’s smart to leave yourself some room to change and grow.
For example, don’t use the blog name Mad About Hippos if you think you might want to blog about flamingos or zebras, too. Instead, you can choose a name with a little more flexibility, like Zany Zoo Animals. Silly examples, but you get the idea!

Also See: How to make money by selling printables

5. Will you be building your brand around your blog name?
Your blog name can be an excellent way to build and promote your brand, whether you’re selling a product or a service. For example, Pinch of Yum is a food blog with hundreds of simple and tasty recipes.

Step by Step Guide on How to Come Up With a Blog Name, Proven ways:

1. Target your audience with your blog name
If you can place your audience into your blog name, they’ll instantly know that your blog is for them when they type it into the search bar. Even before they land on your blog, you’ve made a connection with them! If you’re targeting moms, there are a thousand ways you can incorporate the word “mom” into your blog name. Here are a few creative and well known examples, Mother.ly or ScaryMommy.com.

2. Look At Competitors’ Blog Names
This may seem like a no-brainer, but doing your research on the kinds of blogs you’ll be competing against will give you an idea of what type of name will work for your own blog.
You won’t be copying anyone, yet it may just be the perfect nudge to get those creative juices flowing. A similar name is a fine way to go.

3. Choose a Completely Random Name
It’s possible to choose a blog name that doesn’t have any obvious links to your blog topic, but is still memorable.
One example of this method is a popular travel blog called Melting Butter.
Choosing a completely random name might be a risky option, especially for your first blog when you’re relatively unknown. But it can work well when you gain some notoriety because your blog name will be distinctive.

4. Pick a generic Blog name
If you’re having a hard time coming up with a blog name, choose a generic name. Think of the biggest site we know, Google.com. That’s not even a word! But the brand is so well known, that the word “Google” is synonymous with “searching online”.
Making up your own word also allows you to pick a super short blog name – which is a huge bonus! The shorter the blog url, the easier it is to remember and the faster it is to type in. Keep it simple, short and sweet.

5. Use a Blog Name Generator
One of my favorite tools for coming up with fun word combinations is Wordoid.com. This creative blog name generator allows you to set your own limits on the kind of words you want to create. Then all you need to do is hit “submit” and browse through the suggestions. The great thing about Wordoid is that not only does it suggest pretty awesome names, it also tells you whether the .com of that name is registered by anyone. Taking the stress out of crafting a great name, only to find out it’s being used elsewhere.

6. Reach for the Thesaurus
A thesaurus is a handy writing tool that you can dip into for inspiration when you’re writing a blog post.
But you can also use it to choose a blog name.
Enter a word into Thesaurus, and it finds synonyms (related words). For example, when you enter the word yarn, the thesaurus suggests alternatives such as fleece, wool, twist, and thread.

7. use alliteration
If you absolutely love the name Plum for you blog, but most likely, this four letter word is already taken. Try using alliteration.
What about PurplePlum.com or PreciousPea.com or CheekyLychee.com? Sometimes a blog name can set itself apart by being fun to say and easy to remember!

Also See: Proven 15 Legitimate Ways to Make Money Online

8. Use Abbreviations or Acronyms
Sometimes you think of a great name, but then realize it’s going to be too long. That’s where abbreviations come in.
Abbreviations are easier to remember and avoid any typos when people enter the name in their browser.
For example, WP is the abbreviation for WordPress used in many blog names, including WPBeginner.

9. Consider a Different Language for the Best Blog Name
One of my favorite languages now is Icelandic. There’s something incredibly beautiful about the way the words and syllables flow together to create their meanings.
If you’re looking to stand out in a saturated market, choosing an abstract word or phrase in a language other than English can be a great way to draw attention to yourself. A simple online translator such as Google Translate will get you off to a good start.

10. Check social platforms
Before you buy a domain name for your blog, make sure it is available on the major social media platforms.
For Twitter your username cannot be longer than 15 characters, so keep that in mind.
You don’t want to be www.PurplePlum.com but end up being PurplePlum_1 on Instagram or ThePurplePlum on Twitter.
This one step will save you a ton of headache in the future!

If you implement all the steps on this Step by Step Guide on How to Come Up With a Blog Name, no doubt you will come up with wonderful name.

Continue Reading

Business

How to make money by selling printables

Published

on

How to make money by selling printables

How to make money by selling printables

Do you own a blog? You want to make passive income. One of the easiest ways to make money on your blog is to create digital printables you can sell.
The truth is that the simplest way to make more money blogging is by creating printables you can sell. These digital downloads solve a multitude of reader issues and are an easy way to increase your blogging income.
All my best tips and ideas for How to make money by selling printables and add printables to your business. Since I started selling digital downloads on Etsy, my own blog and Shopify I have made 100s of dollars a month!

What are printables?
Printables are printable designs that you can digitally download and use for a whole range of different things. You can find printables for planners, goal-trackers, posters, artwork and loads more. They have grown increasingly popular over the past few years and can be super useful.

How to make printables:
Interested in making your own printables? There are quite a few programs you can use with varying skill levels which are below.
1. Microsoft Office
2. Canva
3. Adobe Programs
4. PicMonkey
5. Google Sheets / Docs/ Slides
6. PhotoShop
7. Illustrator
8. InDesign

Also See: 10 Verified Android Apps That Pay You Money and Gift Cards

What type of printables can you sell?
There are so many options for making printables, If you currently run your own blog or business, printables can be a fantastic product to sell to compliment your blog or business. Some of them are:

1. Printables sticker
2. Printables party supplies
3. Printables invitations
4. SVG Graphic Files
5. Patterns
6. Excel Spreadsheets
7. Meal Plans
8. Services
9. Ebooks
10. Printables planners
11. workbooks
12. goal-trackers
13. printable quotes
14. posters
15. artwork etc

Where you can sell your printables?
1. on Etsy
The most popular place by far to sell printables is on the website Etsy. You can simply start up your own Etsy shop, create a listing, upload your printable files and then set your listing live. Once it’s live, it will be on the Etsy Marketplace and then anyone searching for the specific type of printable can find your one. Before opening up your shop. I’d recommend having at least 5-10 designs to upload into your shop once it launches so you have a higher chance of getting your first sale.

2. On Shopify
I had a Shopify store up for a while and have slowly let it fade away. Honestly it is not Shopify’s fault, I am just not interested in doing customer support or helping them log in and find their products. Additionally, I have to generate all the traffic to my Shopify store and that can be a challenge.

3. On your Website or Blog
Probably my second favorite way to sell digital products is through my email provider. I use them to do my email marketing, which is tied to being able to purchase digital downloads and then to fulfillment.

Tips For Upselling on how to make money by selling printables

1. Add them to your email list
As you launch more and more products, some buyers will want to buy some or all of them. If you have them on your email list you can notify them when a new product launches.

2. Include a call to action at the end of your digital product.
If you did a great job on a lower ticket item, they may want to buy something more from you when they are done. Mentioning that you have another (higher priced) offering at the end of your product.

3. Give them a coupon or “credit” towards your higher ticket item.
Sometimes all it takes to get someone who likes you to buy is a wee discount. Include a coupon for a discount or even offer to “credit” the cost of the digital item towards them purchasing your higher priced product.

4. Send them to a “survey” at the end
When I do work for people I like to send them to a survey to get feedback on what I did right or wrong. You could include a subtle upsell pitch at the end of the survey.

Also See: Proven 15 Legitimate Ways to Make Money Online

Why should you sell printables?
Printable products are one of the easiest ways to make passive income. You create the form, upload, price and then market it. When readers find it is what they are looking for, they buy, download and hit the print button.
There is no inventory to maintain. It is truly the easiest way to make money that anyone can do.
And, if you are a blogger, it makes even more sense to sell these digital products. Why?
If you offer a reader a free item to sign up to be on your list you’ve already offered a printable. You can take a simple idea and expand it, therefore offering a product people will pay you to purchase.

 

Continue Reading

Trending

Copyright © 2020 Digitalskillsolution. All right reserved.