Best Business Ideas for 2020
While some of the business ideas below have recently become popular, others have been around for a while. Regardless, all of them will make you money! While there is a bit of risk involved with jumping on a new trend, they will all provide you with a steady stream of income. Before getting started, you should do some research on the types of products that people are already buying. You can look at popular products on Google Shopping and Amazon to get an idea of what will be in high demand.
A startup focusing on reducing food waste is another promising idea. By educating consumers and saving restaurants and grocery stores from food waste, you can raise funding for your business. Additionally, the plant-based market is growing rapidly and is projected to reach $7.4 billion in 2021. A vegan supermarket could be the perfect ticket for aspiring entrepreneurs! In this day and age, drop-shipping businesses are an easy and inexpensive way to start a business, without the need for large inventories and a dedicated space. Some examples of these include online resale and drop-shipping. Other small-scale businesses include home care and pet sitting, transcription services, and online teaching.
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Another small business idea is a pop-corn business. Popcorn is cheap to start and can be added to other businesses. Home-made popcorn is a fun business idea that can be started at home, either as a mobile catering business or a retail store. Homemade popcorn is not only cheap, but can sell for $20 or more! It’s a great small business idea to start and can be successful in any city.
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