10 Excellent Business Ideas for Young Entrepreneurs in 2019-2020
- Written by Elsa Avendano
Top 10 Low-Budget Business Ideas for Students in 2019
Whoever said that you should wait for 10 or even more years after your graduation to launch your own business?
69% of US citizens start their businesses at home, which is why we recommend paying attention to e-commerce opportunities. There are tons of business ideas circulating the web, but we would like to present the ones we deem the most exciting and era-appropriate ones! So here are cool business ideas for 2019-2020!
Dating & Marriage Agencies
It’s not a secret that single rich people are too busy to look for their romantic partners these days. The majority of humanity needs someone to share their life with, but it’s not that easy to find a perfect match. And that is where students can try their luck. The field of dating agencies is full of opportunities. Wealthy singles are ready to hire experts to help them find the most suitable life partner. That may sound a bit cynical, but that’s the truth.
According to the Bureau of Labor Statistics, the demand for marriage and family therapists, as well as international marriage agencies, is expected to grow by roughly 40% in 2019-2020.
Private Veterinarians and Veterinarian Clinique
Every second US citizen has a soft spot for animals, and every third one has a pet. Just like humans, animals require quality medical care. Thus, being a veterinarian is another promising career opportunity for students. What makes a small veterinarian clinique such a great business idea is that it takes less money to provide healthcare for animals than humans. It is expected that the market of veterinary services will expand by some 35% within the next couple of years.
Many students love animals and study animal-related disciplines. For them, opening a private veterinarian hospital would be a great idea, especially if they cannot keep pets for some reason but wish to look after them. By the way, The American Pet Products Association projects an annual growth rate of 5% in this area. Passionate pet owners can also go the traditional company route and market and sell products like dog proof cat bowls or dog toys.
Greenhouse Gas Auditors
Many college and university students take an active part in solving environmental issues. If you are the one who wants to make your own contribution, you can launch a small agency and investigate corresponding issues.
For example, you can hire a team of carbon dioxide experts and conduct your own research into greenhouse effects. The purpose of such a business is to make the gathered data commercially available to government agencies or private companies.
Coffee Shop
No matter where in the world you come from, the demand for coffee and cookies is always high. While there's no shortage of restaurants or pubs these days, there aren’t that many coffee shops around. You can, therefore, fill this niche by opening a coffee shop and selling drinks and extras. It is a lucrative business idea for everyone, and college graduates who are into coffee will be sure to appreciate it. Click here to read more about Vending Machines www.royalvending.com.au/vending-machines-perth/
Delivery
Delivery business is something that a team of students can launch and develop even while studying. The most common type of business is food delivery. All it takes is a database of clients with addresses and a team of dedicated delivery staff. That is definitely one of the best startup ideas!
Translation and Language Services
Because of the active cross-lingual communication, the demand for quality translation services and qualified translators has grown significantly. Asian languages translators are the most wanted ones these days, so keep that in mind. Try putting together a team of foreign language speakers and launching an online translating agency for a start. As your business grows, you can diversify it by establishing a professional language school, for example. Remember that language recognition software is improving all the time, so do not expect the business to be as lucrative in 10 to 15 years’ time.
Online Education
You may start a website with specialized courses for students or offer assistance with their current studies. That could be an essay writing service or powerpoint help for those who need excellent presentations. Proofreading and editing services might also be a good idea.
Healthy Food
Are you looking for some completely new business ideas to be one of the pioneers? When it comes to eco food, there’s nothing that can beat the vending machine business. A healthy food store is also a great idea, especially if you consider the number of vegans and vegetarians these days. Be ready that your main clients will be corporations who care about their staff’s eating habits. Launching a vending machine franchise may also be a great idea.
Fitness Studios
If you know the best exercises to keep your body in good shape, you may start sharing your secrets with others by creating a blog or an Instagram page. You may begin as a private fitness trainer and open your fitness center later on.
Programming school
Many people today realize the importance of programming languages, but for some of them, this field is a real nightmare. They won’t figure it out on their own! Why not launch online courses for people who wish to master HTML, Java, Python, CSS, etc.? We bet that students studying computer science will like the idea a lot.
We hope that you’ll find something interesting for you. Good luck with your startup!