The Covid-19 pandemic severely affected small businesses all over the world, from short-term business closures to stay-in-home orders, mask-wearing, and more.
So if you’re among the unfortunate aspiring entrepreneurs who couldn’t turn their business dream into reality in 2020, then 2021 is the year to pursue your passion.
If you want to start a new small business but have no idea what to start, this blog post will guide you through five of the best entrepreneurial ideas that you can start in the next year.
E-Commerce Distribution Platform
E-commerce should be at the top of your list when planning to start your new venture in 2021. You can start with famous e-commerce websites like Amazon and eBay or choose a specific platform like Wix, Squarespace, or other platforms that are a better fit for your small business.
From storing to offering shipping services to distributing products, you can leverage the benefits of an e-commerce store in a variety of ways. Depending on your business type, the upfront cost to run an e-commerce business can be anywhere from free to thousands of dollars. The main features you should look for when reviewing e-commerce platforms are cost, built-in SEO tools, scalability, user-friendliness, site speed, software integration, and user experience.
Social Media Consulting
As social media’s presence is expanding day by day, the demand for social media experts will continue to expand as well. If you’re good at it, you can grab plenty of business opportunities in 2021. The best thing about social media consulting is that startup costs will be relatively low and no storefront will be needed.
To become a trusted social media consultant of the future, you need to acquire the necessary skills, find local businesses, choose your niche, start freelancing, hire more talents to help you, and obtain financing if necessary.
Food Trucks
With low investments and the minimal risk involved, food trucks are now becoming the popular choice for foodie entrepreneurs to start their own small businesses without a static storefront. Food trucks involve relatively low operating costs and can help you attract more customers, experiment with location, build a brand, and serve better quality food at a marginally lesser price.
To start a mobile food truck business, you need to get the license to work in a particular state, buy a truck, find a niche, make a plan, get insured, advertise your food, and get financing if necessary.
Accountant
If you’re a professional accountant, there are bundles of opportunities for you in the financial market. Today, both big and small organizations need accountants for a variety of business’ purposes.
As an expert, you can offer a wide variety of value-added services to help your clients save money, reduce risk, manage growth, and plan ahead. Today, businesses need more than simple accounting, bookkeeping, and tax-filing from their accountants. To make your own unique identity and take your accounting business ahead, you need to help your clients improve cash flow, secure financing, create budget and provide valuable financial advice.
Lead Generation Sites
Lead generation sites are trending nowadays. With a lead generation business, you can work with an established company through an affiliate marketing program using social media, content, email marketing, content, and products.
This business will not help you generate awareness, increase sales, grab more opportunities, boost revenue and increase following for businesses you’re working for but also help you generate passive income online with little to no overhead.
So these are some of the many top business ideas for new and enthusiast entrepreneurs in 2021. If you’re also planning to start your small business next year then probably you may need financing to run and grow your business. The best way to secure financing for your small business in 2021 is to apply through an online funding marketplace. It allows you to find and compare a variety of loan offers from multiple lenders so you can choose a loan that best fits your current financial needs and budget.
Cash Flow Consultants 