Speak a foreign language? Start a translation service. Consider specializing in a specific genre of translation, like medical or financial translation, as you might be able to fill a niche need in your community.
2. Garden Designer
Many people have the willingness to do the dirty work in their backyards, but few have the know-how to complete the first part of this process — designing and planning the backyard space. Draw up the designs for your clients’ outdoor spaces and let them do the actual digging.
3. Clothing Boutique Owner
If you dream of building your own fashion empire, why not start with a local boutique? Build buzz with impressive window displays, inspiring social media accounts, and heavy community involvement.
4. Event Planner
You might choose to specialize in a specific type of event — like weddings or company meetings — or set yourself up an as event planner of all trades. If you’re highly organized, are detail-oriented, and have experience planning large events, it might be time others benefit from your skills.
Buy stock, store it, pick it, pack it, ship it. Managing inventory is a big commitment when you’re running a business.
Dropshipping is an easy business to start and the first of our good business ideas. Dropshipping is a fulfillment model where a third-party supplier stores and ships inventory to customers on your behalf. It’s one of the best businesses to start because it’s low overhead, hands-off, and scalable.
You don’t need to handle any products yourself—you just need to make the sales and pass orders on to your supplier. In fact, it’s one of the quickest and cheapest businesses to start.
You can curate products from one or more suppliers into your own online store under a theme that focuses on a specific niche, like gear for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your supplier, who fulfills it on your behalf. However, you are still responsible for your own marketing and customer service. There are both local and overseas suppliers you can work with, as long as you can establish a relationship with them built on trust—an unreliable supplier will reflect poorly on your brand.
Dropshipping is a low-investment way to test product-market fit and launch a business before you invest in your own original products. Just be sure to always order a sample for yourself to make sure your supplier is reliable and that the quality of the products is fit for selling to your customers.
3. Launch your own book
A book is just another type of product when you think about it. As such, you can create one to serve a particular demand in the market.
Cookbooks, picture books, comic books, poetry books, photo books, coffee table books, novels, and even ebooks—if you’ve got the knowledge or creativity, there are a variety of original books you can bring to the market. The options are endless—that’s why it’s one of the best businesses to start.
Print-on-demand publishing is a relatively safe way to test the waters and get started with self-publishing. It also gives you control over the quality and look of your book. While you can order one book at a time, costs naturally go down when you buy in bulk. Consider pre-selling or crowdfunding your book idea to ensure there’s demand, and guarantee a certain number of sales so you can feel confident making a bulk order.
3. Sell print-on-demand posters, greeting cards, and prints
If you’re artistically inclined or know your way around a camera, you can dropship using a print-on-demand business model to let others physically own a piece of your work. Just be sure you have the rights to the content you want to print or are using public domain assets you can freely monetize.
If you’ve already got an engaged online following—say you’re a cartoonist or an urban photographer—you’re in an especially good position to give this small business idea a try.
Depending on the printer you work with, you can turn your work into products such as posters or framed wall art, even greeting cards. There are plenty of digital templates and mockup generators like Placeit you can use to showcase your products without having to print out each item and conduct your own photo shoots.
4. Start a charitable business
Starting a non-profit organization isn’t the only path you can take to help fund a better world.
Having a mission to go along with a business, and setting aside some profit for a cause, gives social entrepreneurs a unique way to position their company in the market while addressing the issues they care about most.
While many social enterprises offer their own original products, you can also take any of the small business ideas above and partner with a non-profit or execute that social good with your own hands, as long as you’re transparent about how it works.
As part of your marketing, you can share the impact that your customers are having by supporting your business, such as a blog post covering your work in the community or a real-time impact calculator on your website.
Here’s the secret to finding an awesome business idea. You need to be systematic and you need to be thorough. You need to put together a solid list of proven and practical business ideas. Then you need to carefully evaluate which ones would be most likely ato work for you.
2. Outdoor Adventures
Choose an adventure really carefully. One that people will easily pay good money for. “Focus group” it. At least informally ask lots of people for their feedback on a suggested adventure before you put any money into marketing it. Then when you do offer your first trip, make it incredible! Research it carefully and surpass people’s expectations. On your first few trips it is more important to build a great experience and a great reputation, then to make a lot of money right out of the gate.
3. Personal Trainer
You can start as a personal trainer at a local gym. Then try going out on your own. Being known for a particular expertise can help. Then someday you can open your own gym. Maybe even franchise it and go global! This is another good example of a business with booming demand that you can start with very little money and no business experience.
4. Rare Book Dealer/Search Service
There is something special about the first edition of a rare book and people will spend big money to find the exact book they want. And then there is the shop itself, a rare book shop is such as wonderful antidote to our way-too-busy Internet world. Yes, you can make money with rare books but this is a profession that I suggest you ease your way into gradually, getting very comfortable with market demand and pricing, before investing in inventory.
5. Sport Fishing Charter Boat
Getting started in the sport fishing charter business may not be as expensive and difficult as you think. Unless you are going into particularly rough waters you don’t need to start with a large cabin boat. Furthermore, you can finance much of your purchase. And if your fishing skills are a little weak, hire a boat hand with some strong local fishing knowledge. In the right location, you can charge some serious money in thes business.
Dating consultants usually charge for their time. They help people create successful online dating profiles, source possible matches from outside the typical online channels, and offer a level of personalization that a site like Tinder can’t. Think you’ve got a knack for the match? This might be the business for you.
2. Sewing and Alteration specialist
People will always need clothing hemmed and buttons mended — and you could be the person to do it. If you love sewing, start by offering simple services like those mentioned above and expand your repertoire to dressmaking and design as you build a customer base and demand.
3. Resume Writer
Creating a resume, cover letter, and — when necessary — portfolio for a new job can be tough and time consuming. That’s why many people hire help. Assist clients with tailored resumes, beautifully edited cover letters, and carefully-crafted portfolios that make it impossible for employers to ignore.
4. Translator
Speak a foreign language? Start a translation service. Consider specializing in a specific genre of translation, like medical or financial translation, as you might be able to fill a niche need in your community.
5. Garden Designer
Many people have the willingness to do the dirty work in their backyards, but few have the know-how to complete the first part of this process — designing and planning the backyard space. Draw up the designs for your clients’ outdoor spaces and let them do the actual digging.
6. Landscaper
Mowing, tree-trimming, and seasonal decor are all neighborhood needs. If you have or can acquire the equipment, a landscaping business can be a lucrative affair.
If you are knowledgeable and experienced in technology, you may want to consider a career in app development. Smartphones have become an everyday accessory for many Americans, which has increased demand for mobile apps. Similarly, virtual reality software has become popular in recent years, so there is also a demand for VR app development.
2. Professional organizer
Looking for a business idea that can really “spark joy”? Professional organizers, like Marie Kondo, help people declutter and minimize for a living. In an age of materialism, many people are desperate to downsize and take control over their possessions, rather than letting their things possess them. Minimalism is becoming extremely popular, but people often find it hard to part with things they’ve owned for a long time. Part of being a professional organizer is helping clients develop a system for downsizing and keeping things that way.
If you’re a highly organized person who enjoys making spaces functional and comfortable, you might be good at coaching others to do the same. People will pay you to help them devise a method of minimizing their possessions and then maintaining an organized space. To promote your business, ask if your clients will let you take before and after photos of the areas of their homes you’ve organized, and use those to create a portfolio that you can put on social media to attract more clients.
3. Lawn care service
If you grew up with a lawn, chances are your parents made you take care of it. For many of us, lawn care is bothersome, but for some, it offers a sense of peace and serenity. Working outdoors with your hands to tame and beautify the natural landscape can be a rewarding experience, and since so many people find the work tedious, it can also be profitable.
Lawn care services require little more than some basic equipment, a trailer and perhaps some staff, depending on how many clients you have and how big the jobs are. You can quickly grow a small lawn care service into a full landscaping company by offering premium services and establishing a reputation as a brand that does a thorough job with a smile. If you like working outdoors and creating elegant landscapes, this could be the business for you.
4. Rideshare driver
If starting your own business seems daunting or too much of a risk, you can always use your car to become a ride share driver. The overhead and responsibility of running the company falls on the ride share service, giving you the freedom to work as much or as little as you need. Ride share applications such as Uber and Lyft have enabled people to start side hustles that pay well and require little more than a willingness to drive people to their destinations and make occasional friendly conversation.
Ride share drivers have the independence of a small business owner without the heavy workload required to manage the logistics behind the scenes. If any of the other business ideas seem like they require too much effort or upfront capital, ride sharing might be a great way for you to dip your toes into the world of entrepreneurship.
5. Dropshipping
Not all companies that sell goods store them onsite. In drop shipping, people who run e-commerce sites go to a third party to fulfill all orders. The third party is likely a wholesale retailer or other entity that runs a warehouse and shipping operation. The minimal inventory and tools needed for drop shipping make it an especially great startup idea if you’re worried about overhead and physical space.
As a business manager, you are given the major responsibility of managing administrative tasks for a business. A company may expect you to assist with its marketing program. A company may also want you to perform a budget analysis in order to find out ways that the company can cut costs. You should have an astute understanding of accounting, marketing and administrative procedures that are required in order to run a business.
The competition for business management positions can be fierce. You should obtain a degree in business administration, accounting or marketing if you eventually want to obtain a business management position.
Salary
According to the Bureau of Labor and Statistics, the average salary of a business manager is about $77,000 a year. The position is expected to grow by at least 15 per cent in the next ten years. Businesses will be facing increased demands as they try to adjust to online commerce. If you have specialized knowledge of online sales, then you may find that you are easily able to find a position as a business manager. Companies will also be seeking individuals who have an accounting background and are able to cut down on the costs that a company faces.
Education Requirements
To become a business manager, it is essential to possess a four-year bachelor’s degree in administration, accounting, finance or marketing. If you have a special certification, such as a CPA license, then this can also be beneficial if you apply for a position as a business manager. Companies are now hiring individuals who can also assist with financial operations. You may need to do compliance work for a company to ensure that the company is adhering to the recently passed financial regulations. Companies are also looking for individuals who now possess a master’s degree in business or accounting. You should expect to obtain an MBA in management or accounting at some point in your career.
Skills Required
To excel as a business manager, it is essential that you have strong analytical abilities. You will need to foresee the demands that a company will face in the future. It is also important that you have the ability to work well with other people. You should be able to work with a variety of personalities. Employees will look to you for leadership and motivation. You should be able to inspire employees to excel in their work during high-pressure times for the business. You also may need to possess strong accounting skills if a business expects you to perform a budget analysis of its operations every month.
Responsibilities
Typically, the responsibilities of business managers involve overseeing operations, reviewing contracts and helping employees reach their top productivity levels. A business manager may also be called upon to supervise or train new employees. He or she may also need to assist with planning certain events for a company. A business manager plays an important role in the operation of a company, and it is essential that he or she can deal with heavy loads of stress.
Business and Management are the disciplines devoted to organizing, analyzing, and planning various types of business operations. And if that sounds really general, that’s just because these fields cover a lot of ground!
These degree programs teach the fundamental skills that are required to efficiently run or manage a business. That’s why you’ll find Business and Management majors in every industry, in a variety of different types of jobs.
So, whether you want to work for a large corporation, or in a mom-and-pop shop, you can be confident that a degree in Business and Management will teach you the skills and theory you need for a successful career.
Fields of Study in Business & Management
The possible job titles for Business and Management majors are practically unlimited. They range from financial managers, who use their mathematical skills to generate financial forecasts, to marketing managers, who draw upon their creativity to manage advertising and sales efforts.
If you are interested in pursuing a degree in Business and Management, there are dozens of potential fields of study to choose from, including:
Advertising
Entrepreneurship
Hospitality Management
Information Systems Management
International Business
Nonprofit Management
Operations Management
Public Administration
Sales Management
Supply Chain Management
And if you’re looking for more of a non-specialized foundation in the principles of Business and Management, there are also general business degrees that don’t require you to choose a concentration.
Benefits of Business & Management Degrees
A degree in Business and Management will prepare you for a variety of different possible career paths – and with a degree in this field, you’ll always be in demand.
That’s because the skills you’ll gain in a Business and Management program are extremely transferrable, which means that they will be useful in many different industries. That gives you an amazing amount of flexibility if you decide that you want to shift to a different industry or role.
You’ll also have great earning potential with these degrees, especially if you complete a graduate program at a top school. Working in finance or as a chief executive, you could even end up taking home a six-figure salary with your Business and Management degree!
Future of Business & Management
Like many other fields, Business and Management is feeling the impact of technological advances. With big data and artificial intelligence allowing many tasks to be automated, the nature of business is changing every day.
But while most Business and Management specializations are not going to experience dramatic growth in the next decade, the outlook is generally positive according to projections from the Bureau of Labor Statistics. In fact, most job titles in business-related fields are expected to experience steadily increasing demand, keeping pace with the average rate of growth for all jobs.
Business Management degree courses are some of the most common in higher education. They have been long established as great courses for entrepreneurs and aspiring business leaders alike.
But why should you study a Business Management degree course? Here are seven reasons why we think you should take a look at what we offer at Birmingham City University.
1.Always in demand
Let’s start with what everyone is really here for – getting a job once you graduate. And while no course can guarantee you a job at the end of it, Business Management graduates can leave university knowing that as long as there are businesses, there will be a need for managers.
Management roles are present in every sector of commerce on the planet, from small local businesses to large international corporations. You will graduate with the fundamentals needed to seek out these roles, no matter where your future business interests lie.
2.Meet people
The university experience isn’t just about what you study though – it’s also about who you study with.
As such a diverse degree, business management courses attract students from all walks of life. They may have grown up around a family run business, or could be completely new to the subject. They will all bring different life experiences with them though, and that can be of great benefit to everyone on the course. You could get the chance to meet people who share your ideas, so much so that you may one day become business partners. Conversely, you could meet students who introduce you to a whole new area of business, one that hits home with you and inspires you to alter your career plans.
3.Transferable skills
As stated above, the skills you learn on your Business Management degree can be applied to practically any kind of business. The experience you pick up during your course can be utilised on any scale, from managing a small team for a retail business, to running an entire corporation.
So if you’re passionate about eco-friendly manufacturing, your degree will be useful. If your passion lies in the motor racing industry, you can apply your skills to job roles there too. Even if you find yourself moving out of the realm of management and onto a different career path, such as in the legal sector, your experiences can still be applied to your new job.
4.Accreditation
What sets one business management course out from another? Accreditations.
These accreditations allow people looking at your CV to know that you came from a quality programme. You can get accredited after you graduate with the various accrediting bodies, but that usually involves paying more and sitting more exams.
Our Business Management degree is accredited by the Chartered Management Institute, and allows you to graduate with a professional qualification from the CMI if you meet certain conditions. Our Human Resource Management course is also accredited by the Chartered Institute of Personnel and Development.
So get a leg up on the competition straight away by seeking out accredited courses!
5.ndustry insight
University also allows you access to some of the biggest companies in the country. The Birmingham City Business School organises several trips to business across several different industries, including Manchester United Football Club, and the Bicester Retail Village. But you’ll also get insight into big brands from inside the classroom too. There is a big drive for universities to hire academics straight from industry, so they can pass on their up-to-date, industry relevant experience to students. Some of our staff have worked at places such as Marks & spencer, Nestle, Jaguar Land Rover and Selfridges. They can let you know what life is really like working for these huge international corporations, offering invaluable insight into the real world of management.
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