More and more women are stepping up to become successful figures in the male-dominated business industry. My Business lists some of the top small-scale business ideas for women.
The booming business industry is a testament to women becoming more and more successful in their respective fields. From stay-at-home moms to freelancers, there are a lot of options available for women who want to make a dent in their chosen industries.
Consider the following when choosing the best small business idea for women:
- Organic skincare/hygiene products
- Freelance writing
- Buy and sell
- Catering/pastry business
- Events planning and management
- Online tutoring
Organic skincare/hygiene products
Manufacturing and selling organic and environment-friendly products is one of the most popular small business idea for women at home, especially for younger generations and environment-conscious people. Potential business owners can capitalise on this trend by selling cruelty-free and organic alternatives to skincare and hygiene products. This can be anything from shampoo bars, tooth powder, facial wash and cosmetics, such as lipstick and powder.
Women who have already cultivated an interest in this particular niche are at an advantage should they decide to put up this kind of business. As customers in the same industry, they can easily determine what the market needs and how they should address it. They can also opt to make the products themselves as a lot of resources on the internet and Youtube regarding soap-making and other cosmetics are available.
For those who want to make a profit from their writing skills, setting up for a freelance writing business might do just the trick. Freelance writing is popular as it allows women writers to sharpen and improve their writing skills while making money. A lot of companies and firms are constantly on the lookout for writers who are adept at content creation and management, SEO writing and digital copywriting.
For those who want to start in the freelance writing industry but aren’t sure whether their skills are up-to-date, there are a lot of online writing courses and exercises available that can hone writing skills while opening doors to greater opportunities. Freelance writing can also be done at home, great for those who choose to be stay-at-home wives and mothers.
For women who are looking to declutter their homes, they can opt to start an online buy-and-sell business. Online selling platforms such as Amazon and eBay are good places to start due to their sheer number of subscribers looking for cheap and high-quality items.
Simply take pictures of items that will be sold and post it on an online selling platform. Business owners must also make sure that prices are competitive enough to attract customers. A buy-and-sell business could soon progress into selling items from a specific niche — such as clothing and skincare products — if the seller decides to go full-time into the business.
Starting a catering or a baking business is a good jump-off point for women who have a passion for cooking and baking. However, this particular type of business might require potential business owners to shell out a significant amount of capital.
Special occasions such as Christmas, Valentine’s, weddings and birthdays are a good opportunity for business owners to showcase their cooking and baking skills to potential customers while making double the profit on ordinary days. Business owners should also prioritise the quality of food products to ensure a loyal customer base.
Events planning and management
Setting up an events planning and management business might be deemed as the most physically-exhausting and time-consuming business among the business ideas in this list, but this guarantees optimal returns even in a highly-competitive market. Events planning can be anything from planning weddings, birthdays, anniversaries, baby showers, graduation parties, bachelor/bachelorette parties and corporate events, such as luncheons and dinners.
However, the wide scope of the events planning industry doesn’t mean that businesses have to do all kinds of events planning and management. Business owners can choose to specialise in a particular niche, such as weddings or corporate events. By doing this, businesses get to have a specialised customer base, making it easier to pinpoint and address the needs of customers in their chosen niches.
Starting an online tutoring business is great for stay-at-home women who have a passion for teaching. This can be done at home since correspondences are usually done online, making it ideal for housewives and freelancers.
Business owners can also choose to specialise tutoring in a field they’re particularly excellent at, such as English or Mathematics. On the other hand, they can also choose to try their hand at tutoring in other fields such as photography or foreign languages.
These ideas above are just some of the most lucrative options for aspiring women entrepreneurs but do not limit yourselves to the ideas listed here. There are a lot of options out there that can cater to the needs and preferences of every woman who wants to make themselves known in their chosen market.