4 Incredibly Profitable Business Ideas For 2013
Aiden Sookdin, Author, The Minimum Wage Millionaire, 23 Feb. 2016
Tags: profitable business ideas, business ideas 2013, new business, business opportunities, small investment
2013 can prove to be an incredibly productive year, if we learn to plan our resources wisely and invest in a profitable business. If youâre eager to achieve financial freedom this year, and youâre not afraid of taking a few chances along the way, then you can start your own business, without necessarily leaving your day job.
In case you’re still on the lookout for the ideal business opportunities for 2013, we bring to your attention four businesses which can be started with a small investment and generate rapid returns. These types of businesses are easy to set up and don’t necessarily require previous management or entrepreneurial skills.
1. Open an online shop
This is one of those convenient, easy to start businesses which can be run from home, in your own free time. An online shop doesn’t require employees, large storage spaces or a big office. You need a stable internet connection, office equipment and lots of determination! You don’t even need to keep the merchandise you sell in stock; you can purchase it from various wholesale suppliers after customers have already ordered the products. An online store is much cheaper to develop and maintain than a normal shop.
2. Open a bagel shop
Bagels are always in demand, and if you know how to attract customers and which complementary beverages or snacks to provide next to the bagels you sell, you can see your business grow and become profitable in a few months’ time. Some foods have the advantage of being one of those inexpensive, accessible foods everybody loves, which means business risks are substantially reduced. The quality and variety of your products will play a major role in the success of a bagel shop, and choosing the proper location, where there is a lot of foot traffic, will ensure substantial profits.
3. Start a mushroom farm
Healthy eating is becoming an international trend. More and more people are beginning to see the advantages of vegetarian cooking and mushrooms represent a healthy and tasty meat alternative. A mushroom farm can be started easily and it can become a family business. Considering that all-year round market demand for mushrooms and that you can get 5-6 crops per year, you can be sure that you’ll make a quick profit. Mushrooms can be sold in supermarkets, borough markets, as well as to restaurants, fast-foods, pizza places or hostels.
4. Manufacture and sell decorative candles
If you love crafts and you’re rather creative, then this is the perfect business opportunity for you. Scented and decorative candles are extremely popular worldwide and you can start selling them online, in gift shops, to hotels and hostels, flower shops, restaurants, beauty salons or to art-related businesses. Initial investment is as low as R3,000 per month and profits can reach R30,000 per month!
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