Are you one of those women who wants to be her own boss?
21st Century women have always been headstrong, confident, and dedicated when it comes to their career. However, taking a step towards fulfilling your entrepreneurial dream is not an easy one. There are several risks involved, which often make you hesitate and think whether the risk is worth it.
While deciding which business opportunity for women to pursue, you need to ask yourself these questions:
- Which opportunity makes you feel passionate and motivated?
- How much do you know about this space?
- Does this business opportunity align with your skillset?
- How do you plan to make this business idea successful?
- How many hours can you put in for this business?
As a budding woman entrepreneur, it is not always possible to know all the answers. However, that’s why technology is our best friend. With proper research, women can follow any business opportunity, be it a home-based business or a small business opportunity.
10 Business Opportunities for Women
Running a business doesn’t always have to drain out a ton of money. There are big or small businesses that you can run with existing equipment and minimal investment. Whether you want to pursue a full-time business opportunity or a side hustle, these 10 business opportunities will help you turn into a business woman.
1. Home Bakery
Is baking your passion and leaves everyone in your family fight for the last piece of cake? Then why not turn it into a profitable business? Cakes, pastries, muffins, and other baked items are always in demand. People don’t just buy these sweet treats on birthdays and anniversaries but also when guests come to visit and small celebrations. You can always promote yourself on social media and tie-up with food bloggers. Partnering with a famous food delivery chain will give a big boost to your business. The best part is, you can do all of this from your home.
2. Sewing Business/Fashion Designing
If you know how to sew and make beautiful clothing out of pieces of cloth, then this business is for you. Sewing is a profitable business, as it requires less investment if you have a sewing machine at home, even better! Begin with sewing your relatives and your neighbor’s clothes. Display your beautiful designs on your social media page. With positive word of mouth and proper social media strategies, your business will take off in no time.
3. Wedding Planner
If you come from a joint family and have planned too many weddings for your relatives, you’ve found your ideal business idea. To be a wedding planner, you require the right contacts and should know the workings of the wedding industry because of how vast the industry is. This space is quite crowded and competitive, but with the right connections, you can turn it into a profitable business. There are so many websites and wedding planner tools available online to help you boost your business.
4. Coaching Classes
You will be surprised to know how much money the education industry makes. Setting up coaching classes is not only easy but mints money, especially when you teach multiple children at the same time. Imagine the amount of money you will make by teaching 6-8 class 5 students for just 1.5 hours a day as a beginner. The best part of this business is that you can schedule classes as per your timetable. You can also set up online coaching classes to reach a broader audience.
5. Graphic Designing
The world is gaga about Digital Art. Graphic designers are sought out by almost every company. Because of its broad-spectrum, you can choose what you want to do with this skill. If you are a graphic designer, you can open a graphic designing firm and handle designing projects for top companies. You can also sell your designs to companies that make graphic t-shirts, mugs, bags, and other accessories. If you are interested in graphic design but don’t know much about it, there are many professional courses you can do to master this skill.
6. Makeup Artists
Be it weddings, receptions, anniversaries, or other huge celebrations; makeup artists are always in demand. One wedding can give you at least 15-20 clients. This business mostly runs on word of mouth as your clients turn into your models and promoters. Initially, it might take a little time for you to create a reputation, but you will soon find yourself all booked once you’ve got your hands on 2-3 weddings or receptions.
7. Handmade Gifts
If you are a creative person by nature and crafting is your specialty, look no further. People love gifting custom made gifts to their loved ones, and there’s where your creativity will come in use. You do not need any prior experience in running a business like this. All you need is a platform to display your creativity. You can also approach various gift shops to partner with so that you can reach out to many more prospects.
8. Fitness Trainer
Here’s where being a fitness freak will pay off. If you are someone who is passionate about health and fitness, you’ve found your business. Many people will pay through their noses for a personal fitness trainer. You can use your social media handle to talk about various fitness tips and approach various health and fitness brands to promote their products and review them too.
9. YouTube Blogging
YouTube is a great platform to become popular and share your passion with others. If you are passionate about blogging and know how to design engaging content, you’ve got your business idea. The question is how to make money on YouTube? Once you reach a fair subscriber base, you can earn money by taking up video sponsorships. Another way of earning money is through advertisements and affiliate marketing. YouTube is also a great way to boost your existing businesses and to get the word out there.
10. Interior Decorator
Do people keep complimenting you about how beautiful your house looks? If decorating is your thing, then why not turn it into a business. Interior decorators are known to decorate houses and empty spaces into something meaningful to them. You, as an interior decorator, will be giving people their dream home. Start with decorating people’s homes for free to get the word out and build a portfolio first. Show people how you stand out and see your business flourish.
Business opportunities for women are umpteen. It doesn’t matter whether your idea is a small business idea or a large one. All that matters is your vision and passion for making it into a successful one. If having your own business has been your lifelong dream, don’t hold back. So which business idea are you planning to pursue?
- Why Women Are Much Obsessed With Wine than Men - July 3, 2020
- Yoga for a Better Relationship – Benefits, Why and How - June 22, 2020
- 8 Do’s & Don’t of Working from Home - June 15, 2020