Entrepreneurs are always out on the look out for new business and innovative ideas. While new ideas serve as prominent business opportunities, some unchanged ideas still remain conventional. Here are the top 10 business ideas for 2012:
Idea 10: Cleaning service
Starting a cleaning service
requires little to no cost to start up. From residential to commercial cleaning,
these services continue to grow with a lot of potential. You can initially work
by yourself and hire more staff as you build clients.
Estimated start up
cost: Less than $5,000
Estimated potential income: $20,000 to $100,000
Idea 9: Ebay selling
Selling on eBay is a great way to
earn some extra income at the comfort of your own home. You can sell pretty much
anything from old collectables to customized t-shirts. If business is good, you
can even open up your own e-store promoting your business.
Estimated start up
cost: $0 to $10,000
Estimated potential income: Up to $150,000+
Idea 8: Dollar stores
With the economy the way it is now,
dollar stores selling items for a buck or two help frugal shoppers save. You can
find amazing deals there like an HDMI cable for $2. The cost of opening a dollar
store will depend on the size of the store and if you’ll want to start up your
own dollar store or buy a franchise.
Estimated start up cost: $50,000 to
$500,000
Estimated potential income: $100,000 to $2,000,000
Idea 7: Social media promoting and marketing
Social media
has been booming for the past few years. Millions of people around the world use
Facebook, Twitter, and Youtube. From promoting and marketing small businesses to
artists, this marketplace is never ending.
Estimated start up cost: Less than
$5,000
Estimated potential income: $150,000+
Idea 6: Health coaching
Health coaching revolves around
nutrition, weight control, and exercise. Focusing on lifestyle changes, one can
make a great business out of coaching. Sometimes people just need to be told
what to eat, how to control their weight, and the proper exercises to be
done.
Estimated start up cost: Less than $5,000
Estimated potential
income: $40,000 to $75,000
Idea 5: Blogging
Independent writers can blog about
anything from self-help tips to how to do things. The very few bloggers out
there actually make a living off of blogging. It’s hard to accomplish it as a
career so don’t quit your day job until you have steady income
generated.
Estimated start up cost: Less than $1,000
Estimated potential
income: Up to $200,000+
Idea 4: Smart phone application development
Our cell
phones have become apart of our everyday living. We bring it to work, to the
toilet, and sometimes we panic if we leave it home by mistake. This is why smart
phone app development is a great business to get into. Since millions of people
use them around the world, it’s easy to say this idea has the ability to make
millions.
Estimated start up cost: $500 to $100,000
Estimated potential
income: Up to $1,000,000+
Idea 3: Home security
Home security is a large industry
providing customers with different sorts of services and products. Your business
can offer anything from security guards to alarm and surveillance systems.
Generated income is based on number of customers, services, and products
sold.
Estimated start up cost: $0 to $50,000
Estimated potential income:
$30,000 to $1,000,000+
Idea 2: Home adaptions for senior living
As our
population ages, the majority of seniors would like to still be independent and
live at home. Focusing on fall prevention, products include walk-in bathtubs,
grab bars, bed rails, and raised toilet seats. This is a million dollar business
opportunity that is entrepreneurs should look into.
Estimated start up cost:
Less than $50,000
Estimated potential income: $100,000 to $1,000,000+
Idea 1: Senior home care
By far the best business one can
start this year revolves around senior home care. Services range from
companionship, helping with activities of daily living, or cooking and cleaning.
This idea has so much potential because the demand is so high. What’s great
about this idea is that anyone can start it.
Estimated start up cost: Less
than $10,000
Estimated potential income: $50,000 to $1,000,000+
