Best Up and Coming Small Business Opportunities To Invest In
What are some top up and coming business ideas for entrepreneurs? Businesses have been a part of man from time immemorial; in fact the world is made out of business ideas. Ideas never grow old or go in extinction; they only grow and become better with time. An investment idea may date back to a number of years but with a little re-branding and useful touch will be as recent as present time.
However, having an idea is not enough, before deciding to further realize this idea, you must approach it with an open mind to accept and take advantage of any idea you come up with, you must be prepared, your idea should also be within your reach, that is, your capital, furthermore, you should have an incredible upcoming business plan. Come up with one that will stand the test of time.
Below are a few lucrative up and coming small business startups, but first, I am particularly interested in the use of the internet also because it relates more to the youths.
Most Profitable Up and Coming Business Ideas
The use of the internet/media publishing/social media serves
All thanks to technology, information is not relegated to a lucky few as in the days when it was only the rich who could afford television sets and sophisticated phones for adverts and publicity, today technology has made it easy and cheap that even a child of ten can own and operate a phone.
Social media is at out doorsteps and has proven to be super effective for a lot of up and coming new businesses, it creates a platform to interact with people far and wide, you are licensed to place anything online, create awareness, market and advertise.
As it stands, social media is for everybody instead of spending 24 hours on your phone playing around, why not be among those that use it to become millionaires? This as it is one of the first ideas, on this platform; a lot of other ideas can come fully in place, just as in the case of;
Creating Training Centers
It is important you have something handy, something you can do with your hands, anything original as an individual, with this you open up a training center. A living example is myself, at some point I paid the amount of 5,000 Naira to learn an African trade which involves using African fabrics to make accessories such as necklaces, hand bangles, shoes, bags and lots more.
My money came back in a thousand folds as I began to recreate centers of my own, once in a while I will get a hall, make use of the internet, send publicity through social media channels and those who are interested will pay money to apply, I will run a one week seminar and at the end of the day I will end up making cool cash.
You see, with this I did not have to buy and sell, all I had to do is impact my knowledge in someone else. Whatever you are good at will come in handy for you, whether educated or not, it is good to learn at least a trade.
Cosmetics/ Skin/Beauty care
This is one area a lot of people rush into without understanding the secret. Whether wholesale or retail, everybody loves a good skin, it is important you know and understand skin textures and whatever works for certain people, don’t just sell products because of the money.
There are a of skin care companies flying around, you have to verify how good their products are, ensure the pricing is affordable, sell and market yourself online, prescribe it to a few people, by the time it works for them they will be buzzing your phone with calls.
Sometimes, you can go as far as learning how to mix natural products that are good for the skin and hair even, a good advertisement of yourself might take you as far as serving as a consultant.
Fashion World (clothing, salon, jewelry, shoes, sewing)
Fashion and style designing is one of the most successful upcoming business opportunity that never go extinct, the secret is one- keep up with the trend. Having fashion ideas alone is a stepping stone, setting up boutiques, or sewing dresses, shoe sale, jewelry, hair and makeup always move because people never get tired of wearing new clothes, shoes or jewelry. All you need to do is bring up a unique idea or style, be known for it and you will never run short of costumers.
Establish relaxation Centers (bars and clubs)
Another good business startup venture to invest I, after a days’ people want to relax or take their families and friends out to chill, relax and have fun, eat good food, have cold drinks and listen to good music, they enjoy the services so much they do not notice how much they have spent , if the services are so good they become regular customers, you can own a bakery alongside and a hall, or garden, where parties and unwinding can take place people rent the place and patronize you at the same time.
Agriculture in various forms, involving poultry and other livestock farming; fish pond, different types of fishes are cash spinners, they only require attention and patience, as much as poultry farming which produces eggs and meat, and other livestock like cows, goats, sheep, ram, and lots ,ore. These are money spinners, when given the necessary attention and care.
Events planning and management
This is also a fast growing field that is gaining recognition day in day out, year in year out. Other low cost up and coming businesses to start in South Africa are food business, blogging, mining, school and day care services, bottle/sachet water production, media productions ETC.