Top 5 Small Business Opportunities in 2019

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If you’re thinking about starting your own small business, this may be the perfect time to do so. A recent study showed that 92 percent of business owners show no regret about getting into the business world and there’s no reason why you shouldn’t give it a go. Succeeding as a rookie entrepreneur isn’t easy but as long as you choose the right industry to enter, you’ll do fine. But what are the best small business opportunities in 2019? Read on to find out.

Marketing

There’s no doubt marketing is a crucial part of running a business. Every company that wants to succeed needs to do everything it can to attract new customers. However, not every business owner has enough time and is creative enough to deal with it. Instead, they turn to marketing experts who can get the job done for them. If you enjoy creating online ads and running blogs, starting a marketing agency can be a great idea. There are plenty of online marketing courses you can take before you start investing in your business.

Event planning

If you’re proud of your organizational skills, you might want to look into the possibility of starting an event planning business. According to research, the number of companies organizing twenty or more events per year has increased by 18 percent in 2018. Businesses are expected to host even more events as they keep trying to attract clients, promote new products, and build relationships with investors. They need someone who can help them host memorable events which is why entering the event planning industry makes a lot of sense.

Salon

Many people have always dreamed of running their own hair salon and in case you’re one of them, you’ll be happy to hear the salon industry is growing. More salons are being opened every year and there’s still room for you to enter the industry as well. Just remember that finding the right location and ordering best salon supplies is the key to success. Also, for best results, try to figure out who your clientele is going to be and come up with something that’ll give them a reason to visit your salon over your competitors.

Photography

More professional photographers are needed for weddings, holiday parties, and corporate events. The best thing about starting a photography business is that you can do it from the comfort of your own home. All you need to do is get the right equipment and start promoting your photography business. Soon, you’ll find yourself at all kinds of events, taking pictures for your clients. Not to mention that you can now sell your photos online. Build a name for yourself online and your photography business will succeed.

Social media management

With more than 3 billion users, it’s obvious social media plays a huge role in the modern world. Besides people who share photos and chat with their friends, companies are using social media to grow their brand and increase their profit. Running social media pages on multiple platforms isn’t easy and they usually turn to professionals for help. If you enjoy using Facebook, Instagram or Twitter, this is something you can consider doing. You can start from your home and hire remote workers who’ll be helping you.

In this day and age, starting a small business is a lot easier than it used to be. Even though there’s no such thing as a sure path to success, entering the right industry is the best way to give your entrepreneurial career a real chance. Opting for any of the five industries covered in this post will help you get it underway.