The mobile ice cream van was once a popular entry-point into business for entrepreneurs. In recent years, the industry has been hurt by changing consumer habits and supermarkets selling cheap ice cream. However, whilst ice cream van numbers may be down overall, savvy mobile caterers are instead tapping into the new demand from corporate events, weddings and festivals.
All you need to do is rent out an espresso cart and just attend concerts or sporting events where you can start to make some comfortable income. Becoming a real estate appraiser can be a great part-time business opportunity. This is yet another great option for anyone who still wishes to keep their main job but would like to earn a bit of money on the side. You don’t need a university degree to get started, but you will have to obtain the appropriate certifications for running a business like this on the side. If you’re more of a hands on person and wish to get physically involved in your new business opportunity then why not start creating handmade products and sell them etsy.com.
Inspiration for startups sometimes comes from other sectors or places, and, although some good business ideas are complex, most are actually quite simple. They can result from someone wanting to solve a problem, or after they spot a gap in the market. For example, selling on eBay came from the idea of car boot sales, selling unwanted items to a wide audience. Affiliate marketing is a profitable and unique business idea when you have digital marketing skills. Product affiliates can make money on all sorts of platforms that allow partner links.
- This is why operating in an expanding sector is preferable as you’ll be more able to take advantage of emerging marketing avenues and ensure your reach is always maximised.
- Dreaming of starting your own business but not sure where to begin?
- Growing at 23% per year, the significant rise in business events and adoption of virtual tools for conducting meetings will keep this market growth high.
- Products must solve a problem or serve a purpose or there’s unlikely to be any demand.
- Although this is changing, it’s good to be aware that many students have a picture-perfect idea of what a teacher should look or sound like.
- Businesses that sell online and offer different delivery services will continue to win.
In 2015, sales of nutrition products were worth £66 million, while two in five (42%) UK consumers aged have consumed sports nutrition products in the past three months. Many sports nutrition brands have also built a loyal community of followers by putting on events such as run clubs – which also provide all-important brand exposure on social media. This is a great way to delve into potential subscription fee opportunities. Many people start businesses after coming up with an idea inspired by their own life experiences. Often they’ve encountered a problem to which they’ve been unable to find a solution, so they’ve created their own.
Some personal trainers will take a more holistic approach to their clients’ wellbeing and advise on health and nutrition as well. Amid the unpredictability of COVID, starting a personal training business can still be an ideal venture, as it provides so much flexibility. Street food is a rapidly growing sector in the UK, with festivals, street fares and urban street markets giving you the chance to set up a lean, mean food-focused business and get close to consumers. If you include costs for purchasing and branding your vans, getting insurance and buying proper equipment, a typical gardening business might cost you between £5,000 and £10,000.
Read our comprehensive guide for top tips on small business marketing. Launching a business can be one of the scariest plunges you’ll take. With the right planning, even a cheap business can quickly become profitable. Well, perhaps you won’t be starting your business on a shoestring this very day. But, we hope this article has given you some food for thought and inspiration for the year ahead.
Protecting Unique Business Ideas
If you’ve got a pet of your own, you could turn them into a social media influencer and work with brands to promote their products online. Exchange is a marketplace powered by Shopify for buying and selling ecommerce stores. You can browse the listings for great businesses that suit your budget, level of experience, and needs. She designed her business around her life and being able to spend time with her family and now sells products on her ecommerce site. In some cases, though, productizing your expertise is more literal.
We sometimes use affiliated links which may result in a payment following a visitor taking action on an external website. The user experience shouldn’t be any different, and our editorial decision making is not affected by such links. Listen to this interview with Save the Student’s founder about how he started a business in his first year of university. When we say “essentials”, we’re talking stationery, kitchen utensils, discount vouchers and more.
As with cleaning, the properties you work at may have their own equipment and tools, meaning lower overheads for you. In fact, the average amount spent on the services of gardeners and landscapers annually is £2.4 billion. The most recent British Cleaning Council report back in 2021 revealed some interesting insights into the cleaning industry, which contributes over £55 billion to the UK economy every year. Set up a trail on MeetUp.com and lead groups of people to unusual locations, or places off the beaten track, all the while working out without any gym equipment. People are always looking for ways to keep fit without paying for a gym membership, and outdoor fitness trails are among the most popular alternatives.
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You might just want to consider becoming a virtual assistant for a company. Making money through writing about your ideas and words to some is an absolute dream, it’s a wonderful concept and if you are someone who enjoys writing about a topic for paragraphs on end. The biggest rise in new business insurance policies taken out for the top 10 trending trades between 2020 and 2021 was recorded in South West England .