If in 2017, you have finally made the decision to start your own business but you still do not know what business to actually start, this article could be of help.
In it, we present a list of 10 businesses that we consider will be the most profitable for 2017 taking into account the trends and events that are expected for this year in most of the countries.
A trend that has been developing for some years but it only began to gain momentum last year (probably due to the incentives that the big brands have been offering to consumers to buy their products through the Internet) and is expected to do even more in 2017 is the increase in Internet shopping in the market. So the first business that we believe will be profitable in 2017 is an online store, which basically consists of a web page where products are displayed and the opportunity is offered to consumers to buy via Credit card or other means of payment and then receive them in the comfort of their homes.
Another trend that has been taking place for some years and that will surely continue in 2017 is the concern for the care of the environment and with it, the consumption of organic products (products that do not harm the environment to be made of natural inputs). So the next business that we believe will perform well in 2017 is the one dedicated to the sale of organic products, which could also be assembled on the Internet through an online store.
A trend marked in recent years and increasingly stronger (probably due to a large number of innovative technological products that are coming to market more and more frequently) is the consumption of technological products. So another business that we believe will be profitable in 2017 is the one dedicated to the sale of technological products, which could also be assembled on the Internet through an online store or physically through a small store.
Another trend that is taking place at the moment and which is expected to grow stronger in 2017 (probably also due to the large number of products and services for novel pets that appear in the market more and more frequently) is the desire in people by engaging their pets and providing them with all kinds of products and services.
Finally, two trends that continue to grow and are expected to do so in 2017 are still the use of smartphones (probably due to the attractiveness of mid-range smartphones, which are increasingly equated in performance to High-end applications), and the downloading of applications for these devices (probably due to the large number of new applications that are coming to market more and more frequently).
Garage sales are an amazing business idea. There are many regular customers who come almost every weekend to see what is on sale. That person sees his/her neighbors and friends and offers to sell their stuff for them, splitting the profits. People are generally happy to do this as they can get rid of unwanted items and earn some money too.
This is a great way to rent your room without running with the shared floor in hell. Foreign students do not usually stay more than a couple of months at a time, so you know they are going to go soon. Sometimes, you need to give them dinner too. Contact your nearest English schools and let them know that you have a room for rent.
Sites like eBay and Amazon make it easy for people to enter the electronic commerce. If you start to sell other products, focus on things that can be done easily or things that you are passionate about and keep an eye on the market. Think about what sells well and in the right season is the basis of success.
If you are good in presentation and task management and know someone who is not, why not offer to share his/her experience with them for a little quiz? Being organized is a valuable skill, and if it is for a small business or a friend, it might have more of a market for this than meets the eye.
This is an idea that is well nourished by our desire for personal service. There is also potential for this niche of business. Doing so lowers niche marketing costs and increases customer loyalty.