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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!

The 1-Page Marketing Plan

  • Written by Claire Marshall


SKIP BUSINESS SCHOOL. READ THIS NEW BOOK INSTEAD.

Named as one of the “10 best marketing books for small business owners” by The Huffington Post.


 

MEDIA RELEASE: MELBOURNE, DECEMBER 13, 2018 — Allan Dib, a Victorian native and university dropout, has written the book he wishes he had at the start of his journey to becoming a bestselling author and world-renown business coach. The 1-Page Marketing Plan, a guide and framework to propelling small business growth, has sold more than 100,000 copies internationally and is now available in Australia.


Allan’s bestseller comes at a time when Australian business owners are in need.

  • There are over 2,000,000 small businesses in Australia.

  • 60% of these small businesses fail within the first three years, according to the Australian Bureau of Statistics.

  • Lack of planning is often cited as a primary reason for business failure.



“Marketing is the single most important point of leverage in any business. The most common mistake I see is business owners doing “random acts of marketing”. Spending money on advertising and marketing without a clear strategy and plan makes no sense.”  - Allan Dib


The 1-Page Marketing Plan shows business owners how to quickly and easily map out a sophisticated marketing plan designed to propel business growth in one single page.


Traditionally, creating a marketing plan has been a difficult, time-consuming and expensive process. With help from this book, business owners will go from marketing confusion to clarity in nine clear and digestible stages:


1. Who exactly is your target market?

2. What is your message to your customers?

3. How can you reach your customers?

4. How will you find qualified leads?

5. How will you nurture the leads until they’re ready to buy?

6. Learn to optimize your sales strategy

7. Deliver a world-class experience

8. Increase the value of each customer

9. Create and stimulate referrals


Every marketing method and business system that Dib advocates in his book he’s personally tried and tested locally and internationally, so he knows they work.


Copies of The 1-Page Marketing Plan can be found in local Australian bookstores as well as on Amazon.  RRP - $24.99


About Allan Dib

Allan is an Australian entrepreneurial success story. He’s started, grown and exited several companies including a telecommunications company which was named in 2011 in Business Review Weekly’s Fast 100 list. The 1-Page Marketing Plan is his first book. Through his company Successwise, he provides clear and simple marketing frameworks for success.

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