What is the Best New Small Business to Start?

in business •  7 years ago 

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Starting a new small business requires a lot of energy, time, and money in most cases. It is not easy to start any business up most of the time, it takes a lot of blood, sweat and tears and time to get going before you are able to walk away. For most people the first couple of years they are doing most of the work just to save the cost on paying someone else when they should be concentrating on making the business run properly, in which is one of the things that leads to early business failure. Failure is part of business you will have to get used to that, it is going to happen. As long as you are constantly tweaking your business and keeping up with the ebb and flow of the business tides you will be OK. So the question remains: What is the Best New Small Business to Start? Well here are some ideas of the top businesses out there to start:

A. E-Writer or Freelance Writer

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Freelance Writing for small online businesses is a really good way to go for a lot of people who want to work from home full time or even part time either way it is a great way to make some extra income. In most cases when you start out people will want you to write a couple of articles for them for free before they pay you. They want to make sure that you know what your talking about and that you are trustworthy and reliable. The better you are the more you can charge and the more work will be referred to you.

B. Travel Fire Your Travel Agent and Become Your Own.

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Travel is great even in this economy, people are still traveling a lot. Aside from the construction that I used to do I used to book hotels world wide for the largest hotel chain in the world Choice Hotels. People hold dear to their hearts traveling to be with family, be re united, see great achievements from their kids or grandkids, or just getting out of the house and people always will do this. Join up with one or two agencies when deciding this route so that you have leverage on your customers, and an endless supply of incentives.

C. Affiliate Marketing A Great New Avenue to Revenue

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With so many sites out there offering referral programs or better known as Affiliate Programs, you can't go wrong. Its not too hard to send out emails to people with out spamming and social networking, many companies have great payouts and a large number of people are now doing very well with this. Something to do when doing this is that you have probably already done this a thousand times and didn't think about it so go to some sites and check it out its easy to do.

D. Internet Marketing

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Internet Marketing is a long standing home based business that can offer low start up costs, free marketing methods to advertise with to generate traffic, and many many other things that come along with this. Now internet marketing can be drawn up into different parts: You can sell your product and offer people a home business opportunity doing what your doing, writing articles placing ads and what not to get people to do the same thing you do. You can become an internet marketer for your own business. You can become an internet marketer for other small or large businesses out there and may be coming up with the next big slogan out there.

Any way you look at these 4 what are the best businesses to start, these all offer great home based business opportunities and are very lucrative as well

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Event Management is also a good idea for the business. I have some really good ideas but no money to start :( *poor me... lol :D

Well you're right. In business, there's what is called OPM(aka other a people's money). If you're so sure of your management skills because it shouldn't stop with just an idea, you should be able to execute it when called upon, then you can make use of OPM, enter an agreement with someone that has the money and sign a contract and you're good to go.

You can also search for persons with like minds and funds can be pulled to execute your ideas because it's very obvious that Nigeria as a whole is lacking personnel with managerial skills.

We could rub minds and see what we can drill out.

Thanks for your outstanding comment.