Box Subscription Services
People lead very busy lives, and prefer to maximize their free time. If people can shop with a few clicks online, rather than having to make extended trips to brick and mortar stores, they will. Box subscription services have been elevated from the traditional “Jelly Of The Month Club.” These services offer everything from fashion, where people subscribe, try out their monthly “boutique” and keep what they want, to beer, wine, board games, and even high end meals – where the necessary ingredients are sent to your home, complete with instructions on how to prepare a five-star dinner. Box subscription services are only limited by your creativity, and that is why it kicks off our list of the top 10 small business ideas.
Recycling Pick Up
Recycling has been a growing industry for over a decade now. However, as we become a tech-oriented society, people are ending up with out of date electronics and gadgets which need to be disposed of in special ways. Conventional recycling centers cannot take old CRT monitors because of the dangerous gasses contained in the tubes. Similarly, motherboards need to be recycled with special chemicals. Bringing recycling into the 21st century, this is one of the top 10 small business ideas for environmentally conscious entrepreneurs. To take the concept one step further, there are industrial recyclers and resellers who will buy these older components for good money from recycling pick up businesses, because they strip the precious metals from the boards and chips.
The food truck business is a multi-billion dollar industry, with no signs of slowing down in the foreseeable future. Instead of dealing with the complications of leasing or buying real estate, hiring a lot of staff, and dealing with a high overhead – food truck owners offer a streamlined business model, while serving food that is not your standard fare. Food trucks make our top 10 small business ideas for their mobility, low operating costs, and high revenue potential.
The major challenge facing existing businesses is reaching their respective audiences. The problem is that new, existing, and potential customers are on their mobile devices. Being able to design marketing strategies, apps, mobile-friendly websites, social media integration, and the like can really boost a company’s reach. As such, there is a lot of room for independent mobile consultants, and companies are willing to pay top dollar for someone who can figure out how to seamlessly integrate products and services to reach the mobile crowd and turn their interest into sales.
We are consumers, and that generates a lot of waste – outdated devices, old toys, last season’s clothing, and even furniture. Rather than putting everything into a landfill, enterprising entrepreneurs can turn a healthy profit by taking those items and transforming them into something “new” and unique. Patching and embellishing a vintage dress can turn it into a collector’s item. People love restored furniture. And there is always a huge market full of people with disposable cash for vintage toys and electronics. Upcycling has one of the lowest overheads of all business models, with most items acquired from garage sales, goodwill stores, and even the side of the road. Upcycling is as close to “pure profit” as retail businesses get, and there is always a buyer. If you are creative and have a good eye for turning trash into treasure, then you should open an upcycling business and join a growing industry which is climbing the ranks of top 10 small business ideas around the country.
Computers, tablets, smartphones, game consoles, and specialized devices permeate almost every aspect of our lives. If you understand computer networking, troubleshooting, virus removal, hardware replacement and upgrades, and operating systems, then you can start one of the top 10 small business ideas by offering your services to people in your neighborhood. With the advent of screen sharing software, it is even possible to troubleshoot problems with remote customers. Technology and personal gadgets are not going away, and a computer maintenance business can turn a very healthy profit while still beating the prices of larger, more well-established competitors.
There is a big push from both private individuals and businesses alike to become more energy efficient. For homeowners, energy efficiency means lower heating and cooling bills. People will happily pay a consultant right now, it the results yield great savings in the long run. On the business side of things, energy efficiency is frequently tied to “green incentives” (tax breaks), and companies will hire consultants to develop strategies to not only save money on large utility bills, but also apply for savings on their taxes. This makes our top 10 small business ideas for helping others become more environmentally aware, regardless of the motivation.
This is the efficiency expert for the new millennium. Cost cutters act as consultant for businesses and go over expenses with a fine-toothed comb. They then see where and how funds are being spent, and devise a strategy to cut back on wasteful expenses and redirect priorities to streamline spending while not sacrificing revenue and productivity. Companies are willing to pay cost cutters because the long-term payoff is savings, and the ability to function during economic down turns. Cost cutter are among the top 10 small business ideas for helping clients become less wasteful in spending, and girding their business models for recession cycles.
Health Insurance Consultant
With healthcare reform changes becoming a reality, people who understand the ACA, Medicare, Medicaid, and private providers are going to be in high demand. Being able to navigate forms, regulations, updated state-specific health plans, and figuring out co-pays and spend downs is something new and existing patients will pay for, rather than trying to glean information (and misinformation) from friends, family, and thousands of websites. Health insurance consultants work with individuals so they can save money on insurance without skimping on coverage. On a business level, health insurance consultants figure out the most beneficial and cost effective – for business owners and employees alike – health insurance plans, without causing a number of conflicts. From now, and for decades to come, health insurance consultants will make the list of top 10 business ideas in the United States.
Commercial Finance Consultant
Commercial finance consistently makes our top 10 small business ideas because it offers opportunities for repeatable ad consistent business. The premise of commercial finance is very simple. Businesses and other agencies need money to grow and raise their revenue potential. Lenders and investors have money, and are looking for ways in which to make more. Commercial finance professionals bring these two parties together to arrange mutually beneficial agreements. Lenders are able to grow their investment capital, and business owners are able to grow their companies. These continued arrangements help to contribute to local, national, and global economies. For these reasons, commercial finance professionals are able to make a healthy income, simply by getting two parties to shake hands. On top of this, commercial finance is one of the few recession-proof industries. When the economy is booming, businesses can afford to seek more robust financing to quickly expand and roll out new products and services. When the economy is in a recession, business owners need affordable and accessible financing for everything from small growth spurts, to launching new companies. In a sense, commercial finance contributes to getting economies out of recessions.