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Blog / Business Ideas To Pursue In 2020

Sometimes it’s difficult to know how to make business ideas into reality, and if they are worth taking a chance on. Jumping on a new trend or newly popular trade can be both successful and risky. Whereas long-term popular businesses are more likely to guarantee success long term, but also introduce a lot more competition.

business ideas

10 Business Ideas For 2020 Entrepreneurs

Virtual Assistant

Virtual assistant services are one of the most successful business ideas. Everyone from large enterprises to sole traders require help with day to day management of their business. This could include things such as answering emails, scheduling meetings, administration or online assistance.

Personal Shopper

business ideas

Personal shoppers are often used by those who either don’t have time to shop for themselves, or cannot make the decision of what’s best for them. This is where you come in. This often involves evaluating the client’s wardrobe and shopping online or physically for item they’d like and suit best.

Online Tutor

Online tutors are always sought after, however during the current crisis even more so than ever! You can virtually deliver lectures and interact with students on applications such as Skype. From maths to music or languages, new skills and education are always sought after.

Content Writing

business ideas

Most businesses have an online presence on which they include contact such as product information, blogs, articles etc. Content writing can be a simple way of taking that task off their hands and into yours. Offering things such as copywriting, keyword optimization or custom graphics will attract business to your services.

Greeting Cards

If you have an artistic streak this may be for you! Greeting cards are always going to be popular for many occasions. Whether it’s birthdays, religious holidays, sympathy cards or a simple thank you, sites such as Etsy are perfect for starting your artistic business. To start off you’ll need some designs created and ready to go, either created by hand or digitally using programs such as Photoshop. Handmade and limited quantity designs always go down a treat over the typical mass-produced card in your local card shop.

Translator

translator

Translation will always be needed, thus making multilingual people constantly in demand. The opportunities are endless, ranging from translating a business meeting, to teaching, or even helping those who are deaf with sign language. As a business you could expand by hiring translators that specialize in other areas to offer a wider range of skill.

Drop Shipping

Drop shipping is a good role to consider for those who are looking to sell products online but do not have the money to buy and store inventory. It is an ecommerce business model in which you do not have to manage any physical products. It’s done by setting up an online store and partnering with suppliers that will store, package and ship orders to your customers. There are also drop shipping apps such as Oberlo to help to find popular products to sell. Drop shipping is a easy way to have an online business.

Website Testing

website tester

Businesses with a digital footprint often hire people to review and give feedback on their websites. This gives an extra point of view and can help to identify issues that the web developers may not have. You are often given a set of questions about the website to test and answer in order to help to improve the sites.

Video Production

Video content’s online consumption is constantly increasing. This means that there’s also an increase in need for people who can record, edit, cut and publish videos. Start up costs will include equipment such as lighting, cameras, microphones etc, however these costs can easily be funded by such a popular business venture. This could branch out to cover events such as weddings/birthdays or production of video content for companies’ YouTube channels.

 Home-based Catering

business ideas

Whether it’s baking for events such as birthday/ celebratory cakes or catering for them, catering is always sought after. Research can be carried out by experimenting with local food markets or joining platforms that allow cooking experts to squeeze some profits out of their culinary skills. Personalized creations are always popular- whether that’s because it’s a specific dietary menu or a beautiful birthday cake, and this means you can charge more than the average supermarket or restaurant for your skills.

Everything Begins With An Idea

The Watermark Communal areas

All businesses start with an idea! To give yourself the best chance of success, focus on one idea at a time until you find what’s best for you. Whether it’s a business on the side, a home office, or the start of a big venture, we offer a variety of services to help your business thrive!

Published

10/8/2020

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