Today’s list of 10 new trending business ideas for beginners is full of hot new business ideas to help you become a successful entrepreneur in 2020!
These are tough times if you are a retiree who is trying to survive on her small nest egg earning near zero interest. On the other hand, business loans have never been this cheap or available. Starting a business using bank loans or raising seed capital from friends, family, or crowdfunding websites has never been easier. If you aren’t an entrepreneurial person and don’t think it is a good idea to invest in bank deposits or long-term bonds that pay less than 2% annually, you should check out the stock picks of monthly newsletter. Our portfolio of stock picks returned more than 90% over the last 3 years and outperformed the S&P 500 Index ETFs by 43 percentage points (see our offerings here).
It’s great being independent. Every business owner will tell you that was the reason why they decided to start their own. You’re your own boss. That means you can knock off work early if you want to, raise your salary or take a vacation when you feel like it. There’s no one to nag you about your workload but yourself. Taking sole responsibility for the business is a privilege and a challenge. Even though people around you will only see the perks while you’re using smart business ideas with low investment to your advantage, only you are aware how much desire and effort is needed for the whole process. Still, with these creative small business ideas, you won’t have to try too hard to accomplish your goals.
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As we have mentioned, small businesses are blooming, and lots of people are wondering which small business is the most profitable. Once you set your mind to starting a business venture, it’s easy to get confused with all the suggestions for the best entrepreneur ideas for the beginner. The most common dilemma and the most asked question is: How do I start a small food business? One of the easiest ways would be buying a franchise. If it’s food we’re talking about, then someone out there has a recipe that works! One of the best things about becoming a franchisee is that your future customers already know what quality to expect. Therefore, it doesn’t matter if you’ve just opened your fast food restaurant. It’s the same as any other McDonald’s out there, so no one is going to wait for half a year until word of mouth gets around. Truth be told, though, this particular franchise is one of the most expensive business ideas for 2018, but we believe you get the point.
Another interesting venture could be a courier service. How do you start a courier business? Start by choosing the right vehicle for it, and the right name, too. Begin the marketing and hope for the best in the meantime. If you wish to check out some more interesting ideas which worked like a charm last year, here is our list of 18 small businesses in high demand in 2017.
Now let’s see how you can start a business with no money, i.e. the latest business ideas for 2018. There are plenty of suggestions out there and forecasts for future business ideas for the year 2020. We dare say our list is futuristic as well since the business ideas are very trendy and sometimes even ahead of their time. Business News Daily, and Oberlo were our informants. The numerous suggestions were narrowed down to ten using the following criteria. First, they shouldn’t require a college degree or some special expertise. Preferably you could finish a course, but that’s it. Actually, they are based on skills most of our avid readers already possess. Some ideas are retail businesses, which has a quite simple process really: you buy something, you sell it to the others. Just learn the package inscription well so you could talk about the product in detail. Also, all products are trendy and very 2018. There are jobs which have only started to emerge in the last couple of years, too. They can prove to be as the best business ideas in India as well. As for investment, sometimes a laptop and a good internet connection are all you need.
We left the list random, so it’s up to you and your personal skills to choose the best option among our 10 new trending business ideas for beginners.
11. Freelance Design
There are many talented designers who may want to be their own boss, don’t like the feel of an agency, or want to have a meaningful and profitable side-hustle. Today, you can hop on an established and trusted design platform such as DesignContest, which has more than 230,000 designers globally. It doesn’t take long to join and effectively contribute, compete, and even find one-on-one design work with clients of all types, needs, and sizes.
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10. Instagram consulting
While Instagram seemed just like another cute idea for people to share their photos and boast about their lives, the situation is extremely different nowadays. Instagram has proved to be a very powerful tool, and no one is laughing at it anymore. Who could’ve thought that one could earn a living via pictures of themselves online? Instagram has made it happen. But apart from fashion, makeup, fitness and other bloggers, the application is crucial for so many businesses. People like to get instant information about products or service, and there’s no better way than looking at the photo. For this reason, your skills as an Instagram consultant will be very much asked for.
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9. Selfie drones
Selfie was a laughing stock when it first appeared, and the belfie…Well, that too. However, it can’t be denied that people absolutely love taking pictures of themselves. Once they started earning millions thanks to their selfies, everyone started taking the skill seriously. The latest trend in this area is selfie drones. The selfie drones business is expected to earn some $127 billion by 2020. Millennials are becoming obsessed with them, but you can also choose another niche market for your drone business. Drones are widely used by children, hobbyists, or photographers (for shooting weddings and other ceremonies).
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8. SEO consultant
Now here’s a job that literally didn’t exist a couple of years ago. Everybody is struggling hard to get into the first Google search page. People are simply too lazy nowadays to do some greater research and usually just go for whatever is listed first or second on the list. That is supposed to show that a business is recognized by most people as a reliable one. However, it also depends a lot on the SEO words inserted. Hiring an SEO expert can be the best decision one has ever made business wise. It is highly recommended as one of the new trending business ideas for beginners in India, too.
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7. Matcha tea
The health trend is continuing, and matcha is selling like hotcakes! Simply learn a couple of facts about why matcha is so beneficial, and you’ll be good to go. It accelerates your metabolism, it makes you look younger (it’s packed with antioxidants), so what more could you ask for? Or your customers. You could be selling matcha directly to them, or to cafes. Bear in mind tea comes second in the list of most popular drinks (water is first). Therefore, the revenue is a sure thing.
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6. Beard oil
This is definitely one of the most recent ventures in 10 new trending business ideas for beginners. Just think about how many guys and men used to have beards a couple of years ago. And look at the numbers now. Do a simple test. Go out to a cafe or a club and check the percentage. While it was considered untidy and scruffy once, the situation couldn’t be more different now. Men are meticulously paying attention to their new look, and beard oil is a must-have.
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5. Bamboo toothbrush
Millenials are very much environment conscious, and recycling has become mundane. Nothing says you’re taking good care of your environment than reducing plastic. Eco-friendly bamboo toothbrushes rank 5th on our list of new trending business ideas for beginners, and they look cool and show you are modern and taking care of nature.
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4. Ghostwriting
Sounds spooky, but it is actually as simple as can be. You needn’t be an expert in sales or marketing. If you aren’t a people person, this would be the perfect job for you, and it can be done from home! Ghostwriters use their writing skills to complete different tasks (writing articles, product reviews, etc.) while someone else is being credited for it.
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Let’s see the top three new trending business ideas for beginners on our list, shall we?
3. Resume writer
Here’s another writing skill on our list of new trending business ideas for beginners that is greatly appreciated. How many times have you helped your friends with their resume writing? Why wouldn’t you start doing that for money? The ability to neatly organize someone’s background information and present a person in the best way possible is a very much desired quality. A resume is a deciding factor for the interview, so everyone is interested in having an interview granted.
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2. Mobile consulting
While it seems like everyone is tech-savvy these days, it’s not actually the case. If you’re the person who your friends turn to for advice on their mobile phone purchase, it’s high time you went professional. A mobile consultant is a real job, and it isn’t limited to a few individuals. There are plenty of companies looking for the cheapest mobile options which are desperately in need of good, sound advice.
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1. Cooking classes
Indeed, this is one of 10 new trending business ideas for beginners that have been around for a while, but it’s too good to miss. For all of you who don’t excel at selling merchandise, aren’t very good at writing or advising people on their best selfie angle, and yet make delicious meals, this calling is for you. Before you get your spirits down, bear in mind you don’t need a special place for it. Your kitchen counter should be enough. Everyone is becoming obsessed with matcha and similar healthy ingredients. If you can prepare food from healthy ingredients and make it taste almost as good as a hamburger, you’re bound to have lots of eager students!
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