The changes in the global business market affect both small entrepreneurs and big business players. The measures related to the COVID pandemic and altered work conditions have brought some new opportunities for business owners.
So, if you’re planning to start a venture in 2021, it would be wise to gain some knowledge on current business trends and needs.
In this article, you can learn more about the most interesting niches for new SMB-owners and spot some potential professional opportunities.
Cleaning services
Every company needs someone to take care of their hygiene. Even though a lot of people are working from home at the moment, more employees still need to spend their workdays in offices.
For starters, you might want to start a cleaning business as a source of passive income for your family. In that case, learn how to start and handle a side hustle while keeping your job.
If this additional job starts generating significant revenues, you might think about quitting your regular job and commit to that cleaning business.
What you can also do is to keep your 9-5 job and hire additional staff to deal with additional workload in your small business.
Education and childcare
Many children have started attending online lessons in the last decade. Technological progress and innovations in terms of online education have contributed to these changes.
What’s more, the outbreak of the pandemic has forced many school systems to opt for online lessons.
All these trends have led to an increased need for online teachers.
The following niches are among the most popular ones for online tutors:
- Foreign languages.
- Web design.
- Music tutorials.
- Business courses.
If you want to become an online tutor, you should join one of the online tutoring systems. Such platforms will pay you in line with their policy, but you’ll gain the necessary experience. Do some online research before you choose the right educational platform for your skills and needs.
In addition to online teaching, think about offline childcare, as well. As more and more people are working from home, sometimes they need someone to look after their kids. You can become a babysitter or attend one of the governess courses to become a certified childcare specialist. Either way, there are many job opportunities in this niche. Who knows, perhaps you’ll start as a sole childcarer, only to launch a full-time business in that niche.
Providing online business services
As the entire world is turning online, the number of job opportunities is rising, as well. Here are the most popular business ideas that don’t require years of additional education.
1) Online bookkeeper
People working in the financial sector and accounting have a chance to start an online bookkeeping business. Here are the most convenient options to do that:
- Freelance platforms. Register to Upwork or any other freelance platforms and add several work hours a week to your regular job.
- Outsourcing. Contact various companies that meet your accounting skills and work for them as an outsourcer. If such collaborations work well, you might switch to a full-time model.
- Full–scale accounting business. Once you’ve landed enough clients and projects for an accounting business to pay off, opt for a full-scale accounting business to reap all the fruits of your accounting work.
2) Copywriter
Most of the texts that you read on the Internet are written by content writers and copywriters. Those people have learned how to put together information to keep readers interested to reach some business goals.
Becoming a copywriter doesn’t seem like rocket science, but don’t take this profession for granted. If you want to be a successful and productive copywriter, you need to be a fast reader and typist. What’s more, you need to possess certain knowledge about a certain niche. For instance, if you’ve worked as a software developer but want to go your own way, you could become a professional technical writer.
Travel agents, on the other hand, could write about tourism.
The point is that you need to be familiar with topics in order to produce quality content bits and copies.
3) Ecommerce
Ecommerce is in a full swing at the moment. All the significant names in the eCommerce niche have reported increased profits in the last year or so.
In that light, this is a promising niche for people choosing a line of business in 2021.
Launching an affiliate website is a good start. You’ll sell products from a number of larger eCommerce websites and get a share of the profits you earn for them.
As your revenues keep growing, at one point, you’ll be ready to start your own e-store.
4) Transcriptionist
Medicine, law, administration, education and entertainment are only some of the many niches in which transcriptions have become a standard. Sometimes business professionals need those transcripts to handle their business operations more effectively. On other occasions, they want to add value to their clients.
This is where a transcriptionist comes on stage. You get a video or a recording and your task is to transform it into written content. The skills that you need to possess are touch typing, fast communications skills, and patience. This job takes a lot of sitting, and work hours if you want to make a substantial income.
So, you should first improve your transcribing skills and start looking for your first project. Once your business starts to grow, you can employ additional staff and supervise their work as an experienced business owner.
When you’re starting a business, it’s important to feel the pulse of the market beforehand. The number of business opportunities is rising in some niches, while some other jobs are disappearing. Our guide is here to inform you about the situation at the moment and inspire you to become your own boss in 2021. We hope that you’ll find something related to your skills and experience and launch a successful business this year.
