Whether you’ve found your career in trouble through the mass redundancies caused by the recent Coronavirus outbreak or are just looking to start afresh as your own boss, there’s never been a better time to go it alone and start up your own business. With improving technology and a growing move by firms towards hiring freelancers and accepting that their staff need not necessarily reside under the same roof, these days there are multiple opportunities for budding entrepreneurs to spread their wings and get started in the business.
Great Business Concepts in 2024
There’s little doubt the world of business is changing and computers, the web, and technology are completely transforming the work landscape. Below are a few ideas that could see you capitalizing on what has been dubbed the fourth industrial revolution (Industry 4.0) – concepts that seem destined for success in the years to come.
Start a Delivery Firm
The web has revolutionized shopping and more of us than ever are now choosing to purchase goods online. With such a burgeoning industry has come the growing need for delivery companies – particularly to satisfy the so-called last mile. Last-mile delivery refers to the last stage of the shipping process, typically from a centralized warehouse to the customer’s front door and, while this is often the shortest journey a product will make, it often proves the most problematic for retailers. Rather than starting from scratch and battling to find customers when you open a delivery firm, try checking online for courier sites offering shipping jobs that can let you be in charge of the work you do and pick and choose what contracts you take on.
Take an existing hobby or skill and offer it as a freelance service
Pretty much every job you’ve done in the past will have seen you learning new skills that could be applied to starting a freelance operation. Likewise, as we go through life, we tend to pick up extra talents that might work as a business. Try taking a step back and evaluating what skills you might have that could be used in a freelance setting. For example, perhaps you’ve developed writing, design, or advertising abilities that could be used to start a business.
Drone Photography/Videography
The price of drone tech has tumbled in recent years – yet these cameras remain relatively exclusive, with even fewer pilots skilled enough to take on commercial projects. By developing your flying and filming skills, you could walk into a ripe market filled with prospects.
Look into Dropshipping
E-commerce revolutionizing shopping and starting an online store is now within the realm of pretty much anyone. If you’ve got ideas for a store you’d like to run (but lack the finances), think about approaching suppliers to work in a dropshipping capacity that will allow you to virtually ‘stock’ the firm’s goods but without having to hold any inventory. So long as you can build an audience through clever marketing and a little Search Engine Optimization (SEO) to drive traffic, running a dropshipping company could be the easiest money you ever made.
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