This document provides 11 business ideas for 2018, including Instagram consulting, box subscription services, health clubs for millennials, kid-friendly apps, software training, mobile consulting, freelancing, translation services, healthy vending machines, smartphone repair, and microbreweries. It suggests capitalizing on trends like the growth of social media, subscription services, health and fitness, mobile technology, and craft beer. Many of the ideas involve leveraging skills and passions to help other businesses or fill needs in growing industries like education, health, and globalization.
2. It's easier than ever to find a trend and turn it into a full-on entrepreneurial
venture. Channel your passions and skills to leverage a professional opportunity
this year with these 11 great business ideas.
3. Instagram Consulting
#1
Despite Instagram's growing popularity, not all brands
know what they're doing on the app.
If you have a background in social media and marketing
and a passion for photography and Instagram, starting a
consulting business that focuses on the popular photo
app can be a great way to make money while helping
other businesses improve their content and thrive.
4. Box Subscription Services
#2
Box subscription services are popping up everywhere in
the food, beauty and even pet product sectors, ready to
deliver goods right to your door each month.
Find a unique product category that's still untapped by
the box subscription industry, or find a way to put a new
spin on an existing service, and you could have a
lucrative business on your hands.
Keep it as inexpensive as possible - offering cheaper
products will help you stand out from the competition.
5. Health Clubs For Millenials
#3
Health and fitness services are being rebranded
to become trendier and more sociable.
Opening a health club or gym targeted
specifically to millennials could be a great way
to capitalise on the fitness trend.
Focus on creating a strong, fun and engaging
social media presence to really connect with
young members and potential customers.
6. #4
Kid-friendly Apps
According to Common Sense Media, three-
quarters of kids today have access to a mobile
device. This spells a big business opportunity for
anyone who can create products or design apps
just for kids.
Kids are your future customers, so gaining their
loyalty now isn't a bad idea.
Develop a kid-friendly app and, if it also
happens to be educational or one that
promotes good health, you'll win their parents
over, too.
7. #5
Software Training
If you're proficient in a highly specialised software,
you can get paid to pass your knowledge on to
amateurs and professionals looking to expand their
skill sets.
Technical manuals are available for a wide variety of
programs, but these are often expensive and difficult
for the average user to get through.
Schedule small group workshops or private sessions,
and charge by the hour for a full tutorial of the
program.
The best thing about this gig is that it can be done
part time.
8. #6
Mobile Consulting
Mobile tech is now a must-have for almost any
business, but finding ways to go mobile is a challenge
for many business owners.
If you can provide affordable mobile solutions to
businesses that need them, you'll find mobile
consulting a rich business opportunity.
9. #7
Freelancing
Companies are increasingly turning to freelance and
contract workers to fill the skill gaps in their staff.
It's not hard to imagine that you could build a whole
company around providing freelance services of one
sort or another.
Some freelance gigs pay by the project and others
pay hourly, and the rates can vary greatly. But as you
gain more experience, your earning potential will
soar.
10. #8
Translation Services
According to the U.S. Bureau of Labor Statistics'
Occupational Outlook Handbook, the hiring of
interpreters and translators is projected to grow by 46
percent by 2022, much faster than the average for all
occupations.
This means it's a big business opportunity for
entrepreneurs who can bring foreign-language
speakers together with businesses in need.
There's no denying the global marketplace is growing
and all that cross-cultural communication is creating
an increasing need for translators.
11. #9
Healthy Vending Machines
For quick food on the go that’s healthier than the soda
and chips you usually find in vending machines.
Interested entrepreneurs can either open a franchise
from an existing vending machine business or sell
vending-machine friendly products to help stock up
schools and offices with healthier, affordable snacks.
12. #10
Smartphone Repair
Smartphones have become indispensable for both
business and personal use. But have you ever tried to
get one fixed?
Repairing a broken phone can cost as much as it does
to buy one.
If you have a knack for fixing broken screens and
solving smartphone tech problems, then opening up
a more affordable smartphone repair shop or service
might be the way to go.
13. #11
Microbreweries
If you're passionate about beer, consider starting a
microbrewery that offers unique flavours and quality
products.
Experiment with different brewing techniques and
conduct taste tests.
Save startup money by opting for a smaller business
rather than a large brewery or chain.
Choose a lively location and plan your
14. #Pro Tip
• Make sure that you’re the one to
take your product to the next level,
not a competitor!