6 Business Ideas for Women Entrepreneurs in 2020

by commitbizadmin 23, Jun 2020

6 Business Ideas for Women Entrepreneurs in 2020

The entrepreneurial skill in women in the world has observed steady and increasing economic standing in society. According to the report of 2018 State of Women-Owned Businesses, female entrepreneurship has increased by an impressive 3,000 per cent since 1972. And between 2017 and 2018, women incorporated an average of 1,821 new ventures per day.

In today’s world, even the most motivated women entrepreneurs can struggle with deciding on the right business idea. For some budding business persons, ideas flow freely but never get off the ground. For others, ideas are unclear and sketchy, so are castoff and never fully explored. Deciding on the right business ideas has as much to do with creating a business plan and probability study as it does doing some soul searching.

On this note, we bring you an article which will help women around the world start their venture and get successful.

These are the top business ideas for women who want to start their own business.

1.Freelancing

It is a great time to start a freelance service business for so many reasons. For starters, it is sort of like the low-hanging fruit of business ownership because you are building a business around a talent you already have. Freelancing also permits you to go at your own pace – you can pick up clients while you are still employed elsewhere, and also build on your business skills at the same time. You also don’t have to capitalize a ton of money upfront, you need a website, maybe some photography and a small ad budget, and you are good to go.

2.Food Service

One of the most sought-after business by women in the food business. If you are a woman who loves to cook and want to make it a full-time thing, then no one can stop you from starting your food business and become a food entrepreneur. All you need is some space for cooking and serving if you are not planning to have a mobile food service. You can cook anything that has some demand in your zone.

3.Photography

Are you one of those people who love taking photos? Maybe, you are a family photographer, but you haven’t considered photography to earn money from? Have you? If you know the art of photography, it is something that can pay you off significantly. When you get into the business, you’ll have to build a collection of your business. At the start, find out local customers who might want your help with photographs at weddings, parties, celebrations, and other special occasions. Use social media to let more individuals know about your photography services. Make a Facebook page and an Instagram profile where you upload high-quality pictures taken by your camera.

4.Yoga Trainer

Fitness is now getting a traditional approach, and yoga is something that is has been into practice for hundreds of decades. If you know this art, you could teach it and earn money out of it. You can set up this business at your home at zero investment. All you need is the skill of teaching. At the initial stage of your yoga training, you won’t earn big money. Only your students will pay for you. But as soon as you find a good number of clients, you will start getting sponsorship too.

5.Wedding Planner

Wedding planning is a broad and exciting field. But the work may need experience and good startup investment. So, if you’re interested in marriage planning, you’ll have to get some knowledge by working for a catering company. Once you have a few contacts on your portfolio, you’ll be able to get more and more events to plan. You can get customers online by publishing your collection.

6.Social Media Influencer

Social media is the current big thing. Becoming a social media influencer is an excellent idea as a business for women with low investment. Any talent that you are obsessive about can help you become an influencer. Makeup, food, travel, fitness, and fashion are the main areas where social media influencers operate. A successful influencer needs about one to three years to gain a reputation. A lot is reliant on upon the quality of content.
If you found this article helpful or you have an idea to add to the list, write in to us and we would love to hear from you. If you want to start a business, then we at Commitbiz are business setup consultants based in the UAE and can help you with the procedure. Contact us today.