It’s time to say no to your excuses for not starting a business. Each year, some 660 thousand are registered in the United Kingdom. That equates to more than 70 businesses being launched at each passing hour. Though the UK economy is supposed to be booming with start-ups, a good number of new companies prematurely break up in pieces, resulting in decreased productivity. Nevertheless, if you’re determined, entrepreneurship can be a way forward for prosperity. Here are four groundbreaking ideas on how to start a new business in 2020.
- Virtual assistant
Virtual assistants (VAs) are workers employed to provide professional administrative services to clients, working remotely from their home offices. As the COVID crisis continues to linger on, you can establish a virtual assistantship business, and work from the comfort of your home while earning a decent income. Depending on their skill sets, VAs may handle various business tasks such as email organization, bookkeeping and social media management. Experience the joy of being your own boss and structuring your working schedules according to your needs.
- Social media influencer
With billions of users visiting social networks every month, the whole world is becoming caught up in the social media movement. But did you know that you can make a living out of your social media accounts? Build a significant number of social media followers, and establish yourself as an influential figure. World-acclaimed superstars like Christiano Ronaldo and Leo Messi, make millions of dollars from promoting brands on their social media accounts. You too can become a Facebook or Instagram celebrity, and make money posting promotional content to your followers. Even with little to zero capital, you can put up this kind of digital business.
- Food business
For sure, an army marches on its stomach. Food will always be an essential commodity, irrespective of the state of the global economy. Provided you have the skills and resources to open a restaurant, why not invest in it? With your food processing business, you may also help to create more food manufacturing jobs. Besides that, you and your family will be able to meet your nutritional requirements by eating healthy dishes. That’s another way to make money while staying fit as a fiddle. Whether you want to start a breakfast delivery service or a bakery, you can rest assured that the market demand for food services is almost always present.
- Janitorial services
For people who are passionate and skilful at keeping their environment tidy, starting a cleaning service sounds like a breakthrough idea. After all, cleanliness, they say, is next to Godliness. There are a lot of busy people out there who hardly find time to spruce up their homes. Source your capital, obtain the necessary equipment, and register your cleaning business. If only you have a working business model, it’s possible to grow a small cleaning business into a big corporation.
Most people understand that starting a business is a good initiative. But only a few bold entrepreneurs act on their dreams and become successful. Though there may be a million ways to start a business, you don’t need to try everything. Choose a business that resonates with your interest and skills; you can make it in 2020 and beyond.