This is a list of the top 6 small business ideas for 2010. Starting a small business can be done whilst working a 9-5 or running a house. If you can manage to run it profitably then you can move into working full time for your business. Working for yourself will have it’s own pros and cons. It will be up to you to decide if you want your business to employ you full time or you can run it as a hobby.
So here are the the top 6 small business ideas
1) Starting a blogging business.
Starting a blogging business was one of the top small business ideas. This seems to be a favorite as the simplicity of setting up a blog and the low cost of hosting make it seem like profitable choice. The down side is turning a blog into a profitable blog can involve a lot of hard work as it will need a lot of traffic to build a readership and generate revenues.
2) Starting a bookkeeping business.
This business is suited to people that are already working in accounts or have had to put accounts together. The downside to this business is you will need to target the right clients target too big and you may not be able to cope and too small and you will need too many to become profitable.
3) Starting a web design business.
Many web designers dream of working freelance or running there own web design company. This area is becoming a very saturated market as cost of CMS packages and templates drop. The cost of designing a website has been reduced due to the supply of web designers. If you can establish an authoritative profile for your business then this can be an enjoyable and profitable business to run.
4) Starting a wedding planning business.
Who doesn’t love to plan weddings? This business is popular as it seems glamorous and you can spend someone else’s money and get paid for it. The down side to this is if the wedding is a disaster then it is your responsibility and this can destroy your future credibility.
5) Opening a gym.
Opening a gym is another glamorous option, although it has high startup costs. Owning a gym can be nice for many reasons, but it will take hard work to compete; location is very important. If you can find a niche market in your area that is not currently catered for you could be on to a winner.
6) Starting a consultancy business.
A lot of people consult people in there company or personal life which leads them to think that the could do it as a business. Although the skills you have acquired may be valuable. To run a consultancy business involves more diverse skills. Networking, advertising and pricing your services is very important get any of this wrong and your business will fail. This is a great business to start as a hobby then progress into a full time business as you can build the additional skills needed on a few clients before you scale it to full time work.
Starting a small business can be fun, challenging and rewarding. This list is just 6 ideas that can be tweaked to fit any number of different business models and ideas. Get creative and start your business for fun or a salary.
source:Small Business Ideas 2010
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