Small business ideas are often thought of a lot, however, not many act upon them. In this age of rapid global technological development, it has become essential to keep up with the business world. For women entrepreneurs, it can be difficult to decide on a single business idea. It is increasingly important for aspiring women entrepreneurs to take upon an idea that is bound to be a steady source of income. Thus, it is not only a business idea, it is a shift in your lifestyle and those you impact.
Moreover, if you believe in your capabilities, there is no stopping you. It is important to realize that there is no best business idea, you make an idea worth growing. As Evan Carmichael says ‘you may have great business ideas but if you never take action on them, you have nobody but yourself to blame.
Thus, if you are about to delve into the world of business, here are some ideas you might consider taking up. Read on to find out what are the best business ideas for women entrepreneurs.
However, before you start with a venture, you might consider answering some questions for yourself. Because the purpose for starting it lays the foundation of business, and we all know that a firm foundation serves as the first step to success.
- Why do you want to start a business?
When you start a business, you are bound to make an impact. However, an impact led by a purpose makes it much better and worthy of putting in the effort. Thus, it is important to know to set a purpose that helps you keep going.
- What do you need out of the business?
As a woman entrepreneur, you might find it easier to lead something of your own than work a 9 to 5 job. It makes it way more convenient for you to cater to your home while contributing to an improved lifestyle as well as your society.
- What are you good at?
When you are passionate about something, it makes it easier for you to work on it. Turning your passion into a steady stream of income via business can be much more effective than going for something completely different. Thus, if you are good at it, make it into an impact for yourself and those around you.
Related: 7 Important Lessons from Leading Women Entrepreneurs Around the World
Once you know and understand what you want out of a business and the purpose that would be the driving force, the path becomes clearer.
Here are some top small business ideas for aspiring entrepreneurs.
One: Event Planner
In a world that is busy with a lot of things, people often go for events that require effort and planning. Event management, be it big corporate events or small family events like birthday celebrations, can be hectic and chaotic for the most part. People often lack the expertise to plan events, as well as the time. Thus, event planning can be an amazing business to start.
It is convenient to take the initiative with smaller, local events. You can start with studying for a short course or a certificate, usually available online, and go on to market your skills. It can come off as difficult at first however, with time and better management your event planning business can boost into a complete small business venture.
Moreover, it is one of the best small businesses to start. It helps the creative side of your personality stay alive while providing you with an opportunity to engage in activities that help boost your professional life.
Two: Tutoring
The world hit by the pandemic has given esteemed importance to online tutoring and teaching practices. Kids often need help with courses, especially with subjects that are quite difficult to study without help. Thus, if you are trained in a particular degree or have a sufficient amount of education, you can become a tutor. It provides you with the options of home tuitions as well as online tutoring.
Tutoring is an one of the best small business ideas especially for stay at home women. Online tutoring is the trending way of teaching, and with an increased improvement in the digital world, it has become more inclusive, easier, and fun. You can opt for an online course platform to design courses specific to your qualifications and the needs of your students.
It is easier with apps that allow you to reach a global audience of students. These applications are easy to use and have options such as uploading reading material, scheduling tests, assigning and marking assignments.
Three: Baking
Everybody loves a nicely baked, fresh cookie or a cake. Food items are among many things that people prefer freshly made and served. Thus, one of the best small business ideas for women entrepreneurs is to start a baking business. If you are efficient with kitchen tools and know your way around ingredients, then it is the one best small business ideas for you. People, especially women, love cooking and experimenting with ingredients.
The baking business booms especially during occasions, be it birthdays, weddings, or anniversaries. However, you will have to build an audience, starting from the local market and growing from there.
Pro-tip: Use an app to manage orders, keep an eye on specifications, and track deliveries. You wouldn’t want to mess up a cake or cookie order.
Four: Art and Craft
If you are a creative person and enjoy playing around with colors and craft material, then starting a business selling crafts can be fun. It can be a great side business however, you can also turn it into a full-time business – and a profitable one at that too. From hair clips to baskets, decorative boxes to bags, you can make anything for anyone.
Moreover, various marketing techniques can be applied across various platforms. You can engage with your customers via many social media platforms. Your clients may also order customized products that can boost the cost of your products.
For women entrepreneurs, making crafts and selling them online can be one of the best small business ideas.
Five: Wedding Planning
Apart from event planning, wedding planning can be an exciting venture. Where it may require a slightly higher capital, it can bring in an incredible revenue. It also required experience along with a few helping hands.
Wedding ceremonies vary across traditional setups and household to household, thus requiring an insight into different cultures and traditions. You may want to publish a portfolio related to event management on an online platform that can help you with attracting more clients. Moreover, you can also follow a certain theme for a specific audience and then expand gradually. It will help build your profile and earn you a fine reputation for a successful start.
Six: Health And Fitness Trainer
Health and fitness go hand in hand. Starting a health and fitness-related business can be one of the best small business ideas for women, more so if you are a fitness enthusiast. Turning your passion into a business is the best way to remain productive in your ventures.
You can record your daily exercise session and post them across social media to reach a global audience. Moreover, you may consider providing complete sessions for a subscription fee.
It is not only feasible for you to provide fitness training in your home or gym, but also reach a global audience through various fitness apps available. It is a steady source of income as well as a great way to remain healthy.
Seven: Food Service Business
Well, who doesn’t like a nice, home-cooked meal delivered at their doorstep? If you are a food fanatic and love cooking, you can start your foodservice business right from the comfort of your home. You can take up orders right from your neighborhood and deliver mouthwatering, home-cooked food to people’s doorsteps.
Moreover, while you cook you can record and upload on youtube, thus maintaining a healthy online presence as well. Food servicing has proved to be an amazing business idea, especially for women entrepreneurs. You can also expand to the localities in your periphery once you establish a presence in your local market.
Eight: Interior Designer
If you can make your home cozy and beautiful, you are more than capable of making any place beautiful as well as sufficiently functional. Interior designing is an incredible way to step into the world of business for women entrepreneurs. Moreover, if you are a creative person, it can be a great engaging activity as well as a steady stream of income.
An interior designer decides how a certain space can be utilized so that it is both attractive to the eye and functional. It also requires insight into various decorative items such as lighting, colors, furniture, and ornaments.
You can start easily by turning your own home into a sample and putting up pictures and videos across social media platforms.
Nine: Photography
We all click pictures at every instance. However, if you have a keen eye for color and lighting details and the right angles, photography can be your profession. Your only initial investment would be buying a camera and related accessories. You can then develop your portfolio by taking pictures across various settings; it may include weddings, birthdays, official events, as well as natural landscapes.
Once you build your portfolio to a sufficient level, market your skills across social media platforms. It can be a great way to attract an audience. However, make sure that your target audience is where you can reach. Now not every picture that you take would turn out to be perfect, thus you might first want to learn some editing skills.
Ten: Life Coach
In a world that is full of hustle and bustle, people often find it difficult to share their concerns. Thus, if you enjoy listening to people and have an empathetic side to your personality, you may consider becoming a life coach. You can take one-to-one physical sessions as well as online sessions across various platforms. The best way is to divide the sessions you provide into categories so that your audience knows what to choose from.
Where it is an incredible small business idea, it is also a sensitive job. You need to take extra care about what to say and what not to say. People often look for someone to talk to more than seeking advice. Thus, be careful while you are at it.
We hope you found an idea that matches your skillset. And if it doesn’t, well, the key to success is learning.
