The Covid-19 pandemic has undoubtedly changed everyone’s personal and professional lives. However, it has affected some more than others. The job market is one of them.
According to an opinion poll conducted in March 2020, 35.5% of New Yorkers stated that someone in their household had lost the job due to the Covid outbreak.
The situation has gotten worse since then. Many businesses and industries had to completely shut down. Some had to reduce their operations and had to offer their services remotely. All of this has resulted in a severe surge in unemployment rates.
But as of 2021, things have started to get better. It is the year when all the industries and businesses have to bounce back with more enthusiasm than ever before. In this blog, Idea Usher experts have enlisted Top 12 Future Business Ideas to help you start from scratch and build a more successful career.
If you are ready to start your own business in 2021, then do think about these business ideas.
1. Online Teaching
Online teaching has opened new ways for people to start their own businesses, especially post-covid. It is a booming industry where you can earn huge profits using minimum resources. Since online teaching is basically self-employment, one can choose any subject as per their passion and talent. You can choose any subject (Maths, Business Studies, Science, History, etc.) and become subject matter experts(SMEs) on different online education portals. Similarly, one can even set up their own online education business with the least capital investment and earn a hefty amount of income. All this from the comfort of your own house. Online teaching is the future of the education sector. Thus more and more people are associating with it.
Consultation businesses are on a surge these days. There are consultancies everywhere, offering their expertise on different topics. There is a wide range of spectrum for the subjects you can deal with. It can be any topic, be it Business, Finance, Digital Marketing, Social Media, etc.
It is extremely straightforward & easy to set up a consulting firm. You have to be knowledgeable and passionate about a specific subject, and then you can set up your Consultancy Business. Furthermore, there are no other prerequisites for this business. Capital investment can be a bit challenging when you are starting from scratch. But then you can always start from small and expand your business later, once everything is doing good. You can increase the scope of your consultancy by hiring more consultants on other related topics. This way, you can offer your expertise on many similar issues under one firm. Consequently, this will increase your customer base and elevate your sales.
3. Online Reseller
Online businesses have been creating a buzz in the market long before the pandemic hit the world. Every sector of the market is trying to find new ways to introduce its operations on online platforms. Additionally, Online tools have completely revolutionised the ways by which we access things today. Henceforth, one can truly harness the power of the digital world by incorporating online tools in their traditional businesses.
Thus making an Online Reselling firm a great idea to set up a startup in 2021. Online Reselling business is a great idea for people who have an eye for fashion. You can start selling your unwanted clothes on platforms like Poshmark and Mercari, eventually setting up your own online reselling portal.
4. Freelance Copywriter
Want to be your own boss? Well, then Freelancing is your jam! Freelance copywriting is a great business idea if you are passionate about writing stuff and have knowledge about the marketing world. Through freelance copywriting, you can work according to your timings from the comfort of your house. Whether you write blogs, reports, or website content, there are companies out there who would love to hire you. You can increase the value of your work by bringing SEO knowledge to the table. Most freelance writers charge about $30-40 per hour, but you can definitely charge more if you have rich expertise.
Freelance Copywriting is a great business idea since as long as you have a stable internet connection, you can smoothly run your business.
5. App Developer
App development services have taken the world by storm. So if you know about app development, then there are so many companies eager to hire you to create a robust application for their business. Developing an app is a daunting task, and this fact itself increases your work’s value by ten folds. Furthermore, mobile has become a necessity for all of us. The fact that a smartphone is incomplete without a scalable mobile application is known to all. Thus all the businesses out there are looking forward to creating apps to streamline their business operations. Henceforth, if you are someone with expertise in app development services, then there are plenty of opportunities for you in the market.
6. Graphic Designer
The demand for graphic designers has increased over the past couple of years. So if you are someone who can create eye-catching promotional materials for businesses, then this is a great business option for you. Not many people expertise in this area, which increases the demand for graphic designers. You can either work as a freelance graphic designer or work full time for a particular organisation—both ways, you can earn a good amount of money. You can design posters, digital ads, flyers, and other visually appealing content as a graphic designer. Just like freelance copywriting, this work also requires minimum resources. You can work from your home at your preferred timings.
If you have a laptop with a stable internet connection and an artistic streak, you can successfully start a graphic designing business.
Just setting up a business is not enough. Effective marketing strategies are always a necessity to keep the business running smoothly and productively. But the growing internet world has made it difficult for companies to cut through the clutter and effectively market themselves. Henceforth, digital marketing is always in demand. Businesses are eager to hire people who expertise in digital marketing so that they can elevate their brands. If you are someone who excels in digital marketing and knows about the PR and marketing world, this can be an excellent opportunity.
If you have expertise in SEO, PPC (Pay per click), content marketing, and Social media management, digital marketing is your jam. There are so many small businesses out there that can not afford to hire a full-fledged marketing team. Thus they can hire you as a freelance Digital Marketing Expert.
However, digital marketing can be a daunting task since you need to take care of a lot of things. You have to make efficient marketing strategies and constantly look at their social media accounts to effectively market a brand. To conclude, digital marketing can be a very good option to start up a business in 2021
8. Home Care Service
Home care service can be a very good option for you if you have a health and medicine background. You can offer your services to homebound seniors who require constant in-home care and support. However, you don’t always need to have rich expertise in health and medicine to start a home care service business because most of the time, these homebound seniors need help to do basic day-to-day work. With some experience in this field, one can easily run an efficient home care service providing firm even with a small team. You can offer your services to the seniors and at the same time earn a good amount of money by providing home care services.
9. Translation Service
If you happen to be a multilingual speaker, then you can provide translational services and earn a handsome amount of money. The translation services happen to experience a surge in 2021.
Today every industry is focusing on expanding its businesses across the globe. This can only become possible if they provide their services in the languages native to the places they want to expand their business. Thus in such cases, a translator is a must. Some companies want to hire multilingual speakers who can help them to translate their website or, in general, any content into different languages. It is a great option for people who want to earn a good amount of money with the least effort and that too from their houses’ comfort.
10. Real Estate Agent
The real estate industry is a booming industry. People are keen to buy or rent new places all the time. But this process can be a bit overwhelming for them. As a real estate agent, you can help people to navigate through different options available for buying a new house. Furthermore, you can help them to choose the best-suited house according to their preference.
However, you need to undergo special training to become a real estate agent. Once you are done with your training, you can earn a handsome amount of money by becoming a real estate agent.
11. Professional Organiser
Becoming a Professional Organiser is the best option for extremely organised people and enjoys making places functional and comfortable. By being a professional organiser, you can help others too to organise and declutter their spaces professionally. You can advertise your business by creating a portfolio of before and after pictures of the spaces that you have organised.
However, it is a new business trend, but it is quickly making its way in the market. Since everyone likes their spaces to be spacious and organised today. Henceforth, by being a professional organiser, you can earn a good amount of money along with pursuing your hobby.
12. Pet Sitting
According to a survey, about two-thirds of US families have a pet. When the family goes away for a vacation for a long period, somebody has to take care of their pets. With a pet sitting business, you can take care of these pets for this period of time. It can give a sense of relief to the families since they can now rest assured that their pets are well taken care of. As a pet sitter, you have to take care of dogs, cats, rabbits, or any other pets. You have to take care of their food, water, medicines, walking schedule, and other things in general.
This job is a lottery for people who absolutely adore animals. Through a pet sitting job, you can spend some quality time with the animals and earn money at the same time.
These were our Top 12 Future Business Ideas to start your business in 2021. If you are thinking of starting a business in 2021, then do consider these ideas. All the business ideas listed above are currently in trend and have a high market demand. The job market is slowly and steadily trying to bounce back after the great recession. However, it will certainly take some time to happen.
To wrap this all up, there are many business options to start in 2021, but the best ones for 2021 are most likely to be the ones that involve online working.