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Small Business Ideas and Opportunities To Start in Colorado
How to start a small business in colorado
What are the best new best small business ideas in colorado springs? There are several businesses to open in Colorado which can either be a one man business or partnership. Colorado is one of the best states for starting a business.The process of business name registration and getting a license is very easy and swift.
Denver Area, Southwest, Thornton, South Central, Pueblo, Fort Collins,City of Denver, Greeley, Front Range, Commerce City, Colorado Springs, Loveland, Southeast, Westminster, Weld County, Grand Junction, Castle Rock, Arvada, Longmont, Parker, Boulder, Northeast, Centennial, Northwest, Broomfield, Lakewood, Aurora,
These are some practical ideas to setting up a business in CO:
LIST OF BEST SMALL BUSINESS IDEAS IN COLORADO
(1) Laundry and Dry Cleaning Services: The citizens of Colorado love to dress well and look good to portray good personality but have limited or no time to do their laundry, therefore rendering laundry and dry cleaning services to these category of people is a good couple business idea. There is chance of huge profit making because these people are ready to pay large amount for it.
(2) Pet Care Services: Coloradans really love pets and also love rearing pets, and they spend large amount of money to care for their pets in terms of food, animal care products, veterinary care, pet related services and so on.
(3) Smartphone Repair Services: Millions of smart phones are sold in Colorado every year which keeps increasing as people find smart phones more favorable than computers and this has also led to an increase in the demand of repair services for these smart phones. So, this prove smartphone repair to be a lucrative business idea.
(4) E-commerce: Coloradans usually buy the services and products they need on the internet and this has made the e-commerce industry to be more valuable, important and significant. In doing this business, you need to focus only on Colorado state and few products which can later be expanded to other states and other products.
(5) Fitness Coaching and Services: The issue of health in Colorado is now so serious with the issue of risk in overweight, several Coloradans are looking for products to slim down or coaching class where they can lose weight.
(6) Copywriting: As many businesses realize the effectiveness of copy writing, many businesses are in demand of copywriters and this is a huge profit for beginners including college students and teens who can write a good sales copy that will elevate a product sales and bring profit for the marketer.
(7) Restaurant Services: This is a very profitable food business in Colorado because the state is full of several businesses and the people working need to eat to survive as other people also eat to survive. They want to eat but cannot prepare the food themselves due to their busy schedule of their work, they therefore turn to restaurants for food to eat. Even when the economy is bad, restaurant business still thrives.
(8) Coaching and Consulting Services: This business is basically for people that has years of experience in a particular field of study and has achieved greatness and success in it. He or she can serve as a coach or consultant for people who wants to follow their footstep by knowing more about the field of study and how to succeed in it. You can be a business coach or consultant in any field but the most selling fields are; business, finance, investing, relationship, weight lost, starting an online business.
If you are good at any of the services listed above then you can position yourself as a coach. You don't need any certification to get started.
(9) Day care Services: In Colorado, there are several working class women with tight and busy schedule which hinders them from giving adequate care to their kids, this adequate care can therefore be paid for once they find a suitable and trusted person to take care of their kids. Mothers who should be at home caring for their kids can no longer stay at home due to the bad economic and financial state, they are ready to pay to ensure that their kids are taken good care of.
(10) Designated Driver Services: You can either work as a designated driver who picks and drop people off at their destination or have an organization where you employ people to work as designated drivers with you making profit from this transport business.
(11) Marijuana Selling: Since it is now legal to sell and buy marijuana in Colorado, Denver precisely, it has become a thriving and viable business. It is a trading business that will surely bring about huge profit and the business owner doesn't lose any money in doing this business. You don't want to miss some juicy cannabis business opportunities in denver, grand junction, pagosa springs, durango, northern pueblo, steamboat colorado.
(12) Home Cleaning Services: Cleaning of homes and business organizations is a low cost business for women that also thrives in Colorado, people especially those working in business organizations are ready to pay any amount of money to ensure that their various homes and organizations are neat and impressive. In their homes, you can wash plates, clothes, mow the lawns, flowers, wash cars, arrange books in the library, and sometimes, you might be required to cook based on what you both agreed on to make profit.
For all the profitable business ideas in Colorado State listed above, you should decide on which one to do and then do a very thorough research on the particular business idea because you need to have full knowledge of what you want to embark on.
In arranging the steps to starting a successful business, you must know things that can stand as setbacks and hindrances and how to proffer solution to them.
PROFITABLE SMALL BUSINESS OPPORTUNITIES AND IDEAS TO START IN COLORADO
What are the most lucrative business ideas in Colorado?
Colorado is one the best states in the United States of America to start a new business. Therefore, we are discussing 20 business ideas that is profitable in the state. Colorado has always been taking giants strides towards entrepreneurship and sustainability of businesses.
According to a recent report on the number of loans made available to small businesses and concentration on technology businesses, Colorado took the first position. This shows that there are prospects for new businesses to survive. It also depicts that the economy of the state encourages growth of new businesses.
Find below a list of the 20 best cities to open a business in Colorado;
Centennial, Pueblo, Colorado Springs, Parker, Arvada, Aurora, Westminster,Denver, Loveland, Greeley, Castle Rock, Lakewood, Broomfield, Longmont, Boulder, Littleton, Grand Junction, Thornton, Fort Collins, Commerce City
Discussed below are 20 business ideas that can be done in Colorado;
1. Rent or Sale of Mannequins
This might sound weird to you but have you ever wondered or imagined where mannequins come from? Who supplies them? Or how they are disposed when they are no longer in need? So many people do not keep an eye on this business idea, which makes its market less saturated. You can get your good share of the market with the less competition for this business.
Starting a mannequin-themed business will survive in any state of the U.S, including Colorado. You can sell or rent out mannequins to retails stores. The start-up capital for this business is dependent on your budget.
2. Consulting Services
If you have versed knowledge in a particular field and your coaching skills are excellent, you can start offering consulting services to individuals or corporate organizations. You simply tutor and pass on knowledge or skills to people interested in the subject of discourse. Income is generated in this business by charging participants fees for the trainings.
You need little or no capital to start this business, unless you intend to have a training location. The training location must be conducive for learning. The tools needed for you to be efficient in this business is a laptop with internet connection and a projector.
3.Smartphone repair services
We are in a world where most people have shun the use of desktop computers. They now use different brands of mobile devices to surf the internet. It is recorded that millions of smartphones are sold in the U.S yearly.
The high rate of smartphone purchase creates a good market for repairers. Also, a lot of people would prefer to have his / her smartphone repaired when it develops minor glitch. Little or no capital is required to start this business in a state like Colorado.
4. Child Minding
As a result of the economy in most states and to relieve the financial burden on most fathers, a lot of mothers have resulted to taking up jobs. This simply means that children are now kept under the care and supervision of child minders. The duty of the child minder is to provide home-away-from-home services to the children based on contractual agreement with the parents.
This type of business is viable in a state like Colorado where both men and women engage in a lot of business activities. The major requisite for this business is a safe apartment with little recreational gadget or toys for the kids.
Since it is legal to buy and sell marijuana in Denver, Colorado, it has become a viable business in the city. Marijuana is consumed for medicinal and recreational use (among adults). Venturing into this business will bring good returns, as loss is not usually recorded with this business.
Little capital is required to start this business in Denver.
6. Film Production Business
Colorado is one of the locations where film producers like to feature in their productions. Movies are produced daily by different film-makers and they generate their income from the sale of these productions. No special qualification is needed to start film production.
However, it is advisable to under-study someone with experience before you venture into the business.
7. Pizza Delivery business
Americans, including the Coloradans love pizza. Pizza delivery business will definitely yield good returns in a state like Colorado. For higher patronage, you need to creative and showcase different pizza delicacies to your clients. Timeliness and good customer service is also essential in delivery service.
Pizza delivery business requires medium capital for start-up. You can widen the scope of this business as the profit grows.
8. Internet Radio Business
The internet is home to many, especially those that have to be in transit for long hours due to personal or official reasons. The internet radio business is completely different from the traditional radio business. You need to be versatile and current on a lot of topics. You should know the appropriate topics to discuss that would attract your target audience.
Once you get this right, you are gradually building a strong listener base.
9. Janitorial Business
You do not need medium or large capital to start this business. Investing in the basic work tools like; floor buffers and carpet cleaners are required before starting this business. Timeliness and efficiency are important factors that helps to sustain clients while doing janitorial business.
This business can be done on part-time or full-time basis.
10. Restaurant Services
Starting a restaurant service in Colorado is a good business venture due to the beehive of commercial activities in the state. The state has many working professionals in various fields that will require your services as a food vendor because they do not have the time to cook or eat at home.
Running a restaurant business will always thrive no matter the economic situation of the state or country. Hygiene is key while running restaurant business. Medium capital is required to start this business.
11. Travels and Tourism Business
Colorado is a state with diverse recreational parks, historic sights and wild geography. The state usually experience influx of tourists that travel from different parts of the world to beautiful monuments of this state.
You can start a travel and tourism business by providing different welfare packages for tourists in the state. You need to get a license from the State and an office space is also required for you to operate from. Medium capital is required to start this business.
12. Used car dealership
In a state like Colorado, investing in a used car dealership business is viable. All that is needed is for you to contact vehicle owners that wants to dispose their motor vehicles. Also, you can also get these cars from auction sites.
You mainly serve as the intermediary between buyers and sellers when you engage in this business. Profit is made from the bargain you make with the buyer. This business does not necessarily need a startup capital.
13. Designated Driver Services
As a designated driver, you pick and drop people at their various destinations. Also, you can have an outsourcing agency that provides driving services to organizations. With these, you need to engage the services of qualified drivers that have good knowledge of road network.
You might need to get accredited by appropriate bodies to start the outsourcing part of this business. Startup capital is not necessarily needed to start this business, unless you want to have an office space.
14. Recruitment Consultant
As a recruitment consultant in a state like Colorado, you help employers to find the right candidate to fill a specified vacant job designation. You serve as the intermediary between the employer and the prospective employee. You can work in different industries like; technology, transportation, technology, health amongst others.
To start this business, you must be versatile in various human resource procedures and processes. Profit can be generated from any of the parties (employer or prospective employee) that requested for your consulting services. An office space is required to start this business.
15. Interior Decoration
If you are good at combining colours and arranging furniture items, then you are good to go as an Interior Designer. You can work in homes or organizations while you charge for the services. Advisory services can be added to the business scope, where you help or advice clients on furniture products and services.
This should attract additional cost for the clients. You can start this business with little or no capital.
16. Fitness Services
Although Colorado has the lowest documented case of obesity in the United States of America. This however does not stop the Coloradans from engaging in various fitness activities to maintain their health status. It simply means they take fitness activities serious. Thus, starting a fitness service will definitely thrive in Colorado. You will need to invest in different fitness products to start this business. The start-up capital is usually dependent on the intended size of the business.
17. Online marketing
The world has evolved and advanced in technology over the years. More service providers and organizations now prefer to sell their goods and services through the online market where they are sure to reach a larger audience. Most of these companies engage the services of part-time online marketing experts to showcase their services to the right demographics.
The online marketing scope includes; pay-per-click advertising, social media marketing, search engine optimization amongst others. Your online marketing skill and a constant internet service are the only requisites to start this business.
Like other states in the U.S, most Coloradan usually purchase products and request for services on the internet. Therefore, the e-commerce industry is thriving well in the state. You can make profit by engaging in different buying and selling activities on the various e-commerce sites available.
For a start, you can focus on products and services within Colorado. This business can be done with small, medium or large capital.
19. Pet care
It is no gainsaying that the Americans loves pet, with dogs and cats ranking the mostly acquires pets. The people of Colorado are no exception. The pet care industry is lucrative as you can render various services like; pet training, pet walking, veterinary services, sale of pet food and products to pet owners.
An average pet owner spends thousands of dollars on pet care yearly. You do not need a startup capital to start most of these services under pet care business.
20. Marking and Grading Outsourcing Company
In order to give room for fair grading, most schools and educational institutions engage the services of marking and outsourcing companies. Starting this business is quite easy but you might need to get accredited by relevant bodies. An office space is also required while starting out this business.
With the listed 20 business ideas one can start in Colorado, it is good know that proper feasibility study should be conducted to determine what works best and at what time.