Top Business Ideas for Women
Based on Small Business Association reports, businesses owned by women are enjoying a rapid growth. In fact, this segment of new businesses is currently among the fastest-growing segments in the US economy. So, whether you are a career woman who wants to shift to entrepreneurship, a stay-at-home parent who wishes to augment the family income, or a regular office employee who just wants to earn some extra income, there are lots of business opportunities that you can try.
The following are some of the most highly-recommended business ideas for women today:
If you have the patience and the natural motherly instinct to help students do better in school, then tutoring is for you. It is a business opportunity that offers a lot of flexibility (since it is often done online via Skype or any other online tool), especially if you have a lot of obligations to fulfill at home.
You can simply schedule your tutoring sessions anytime that will be convenient for you. If you have kids to attend to, you can run your tutoring business after school hours, or even after tucking your kids to bed.
- Selling on Etsy
If you have a knack for crafts, and you are good at creating things with your bare hands, then you may want to start your home-based business by being a vendor on Etsy.
A selling platform similar to eBay and Amazon, Etsy specializes on selling homemade products. You can choose from a wide variety of items to sell – from hand-crafted home décor to pieces of clothing to digital downloads – you can sell virtually anything that you can create by hand.
So, if you love to create things at home, why not try selling them online?
- Event Planning
If you love to plan for your kids’ birthday parties, family gatherings or even weddings, you can put your passion into more productive use, and make money from it by starting an event planning business. Working with vendors, scouting for venues, scheduling meetings, and taking care of last-minute changes are things that you definitely have done in the past, and would enjoy doing as a job.
The best part is, according to the Bureau of Labor Statistics, a whopping 43% rise in the event-planning niche is pegged for the years 2010 to 2020, making it an ideal business undertaking for you if you have an eye for detail and organization.
- Website Management
A website management business can be very diverse, and you have the freedom to do practically anything related to a website – selling ads, scheduling content, editing, writing your own content, hiring writers, and promoting on social networks, among others. If you are a person who has a lot of interests, then this business may be for you. You will never run out of things to do, and make money as well.
- Baby Products Business
The baby products industry is currently booming, especially online. According to statistics the baby food market is seen to grow steadily for the next few years, so if you think you can produce high quality baby food that will be a hit in the market, there is no better way to get your business going than now.
Other related product ideas you can base your business on include budget- and eco-friendly baby products, organic baby food, and baby clothes and accessories. As a business woman, you may have a good idea on what products mothers would love, and of course, the babies too.
- Writing and Editorial Services
If you love to write, or maybe you have dabbled in freelance writing before, why not take it a notch higher and start a business providing writing and editorial services? Writers have a lot of options today including business copywriting, providing website content, and even contributing to news outlets and magazines.
For editorial services, you have a number of options to choose from including editing websites, manuscripts, books, periodicals, and others. Of course, this business requires some technical skills. You need to be quick in spotting grammatical errors, spelling mistakes, and sentence construction issues, among others. You can also publish your own eBook series, whether you write them on your own or through paid ghostwriters. Another option is to open a digital publishing house that offers a venue for aspiring authors to have their work promoted.
- Business Consulting
Just because you may be home-based it doesn’t mean that you can no longer put your professional background to good use. If your previous regular day jobs provided you with extensive experience in a particular industry or niche, you can market yourself as an expert and set up your own consulting business. This way, you can help small startups, entrepreneurs, non-profit organizations, and budding professionals in the niche to get better in their field.
As a consultant, your job is to help your client solve issues, spot possible problem areas before they happen, and offer sound advice that can help clients come up with better business decisions. You can draw from your own well of experience to help other people succeed.
- Provide Parenting Advice
This is another type of business that you do not need a big capital to set up. All you need is parenting experience. You can start a blog that offers advice to other parents on various topics relating to parenting and raising a family. You can monetize the blog through paid ads, sponsored content, and affiliate marketing, among others. You can make your site something like a general resource site for parenting or you can cater to a specific group such as parenting for teens or a specific age group, or for babies and toddlers.
There are many other business ideas that you can set up. The key is in finding something that you do well, and something that you enjoy doing. This way, it will be easier for you to manage as you will definitely have fun while making money on the side.