Women are setting sails for the business voyage and doing everything from accounting and bookkeeping to interior designing and freelancing.
In today’s digitalized world, several new small businesses emerge every day globally, and a big portion of those new businesses are women initiatives. Women are setting sails for the business voyage and doing everything from accounting and bookkeeping to interior designing and freelancing. Besides that, passionate female entrepreneurs also struggle while deciding on the right business idea. For some new entrepreneurs, ideas flow freely but never work, whereas, for others, ideas are vague and never fully explored. If you want to be a successful entrepreneur, the first step towards your success is the right business idea. In this article, I will share some of the most emerging business ideas by which you can earn as much as your potential with a minimum or no investment hurdle.
Top 7 Business Ideas for Women Entrepreneurs in 2021
1- Blogging
If you are writing savvy and love to share information with the public, blogging is for you. Blogging refers to writing, photography, and other media that are self-published online. It is one of the most emerging business ideas nowadays among women, staying at home. The best part of that is, you can work for flexible hours and create engaging content. For blogging, you need to build a web- site and start writing on your inspiring niche. Once you have acquired enough visitors every month, you will start earning. You can start a blog depending on your interest, like food blogging, travel blogging, beauty blogging, photography blogging, child care blogging, etc. However, bloggers can make $1000 to $10,000 a month.
2- Education Services
In the old days, educational services were just confined to classroom activities, but thanks to technological advancement, now you can offer your educational services globally right from your home without investing a single dollar. These educational activities range from tutoring to checking college or university essays, story writing, e-learning curriculum development, and providing critique reviews. To excel in this domain, you have to be a subject specialist and innovative strategist who can easily demonstrate tough and dull subjects/topics in an interesting way to the learners. Some of the prominent online teaching websites are tutor.com, Chegg Tutors, Tutor Hub, Happy tutors, Teacher On, and many more.
3- Designing & Decor
If you have those creative genes to decorate rooms and the ability to convert clients’ imaginations to designing, then this domain is a perfect fit for you to earn and prosper, either staying at home or by shaping your proper official setup. In this case, all you need to do is the vendor management, balancing supply and demand, and bringing novel ideas to the table by which you stand out from the crowd. Females can offer their creative services in various niches such as fashion designing, interior designing, interior decoration, event planning, graphic designing. To thrive in this domain, you have to compile your portfolio, and once you have created a polished visualization of your work, you can then start to charge for your services according to your choice. Even you can offer your services at online freelancing platforms such as Fiverr, Upwork, Freelancer.com, Behance, Etsy, and many more.
4- Transcription
Transcription is a document created by typing everything that is heard from either audio or video. It is a great flexible job with lucrative hourly pay. For these services, you must have exceptional listening and writing skills as a transcription for subtitling work is much more time-intensive, as the time-codes must be logged in hours: minutes: seconds: frames and the transcriber will need to allow enough time for the viewer to read each subtitle on screen. Furthermore, you can make $7-$25 per hour with transcription companies hiring or more if you build your own business.
5- Marketing Services
Several businesses fall under this category, and most of them are great for working from home or on your schedule. These services include digital marketing, social media management, marketing copywriting, website content creation, affiliate marketing, and SEO consulting and strategy. If you have experience with one, that can work to your advantage and make you a more in-demand freelancer in that field. Even if you don’t know these marketing niches, you can do self-learning by enrolling in a govt-funded certificate program or Udemy courses.
6- Food Business
One of the most suitable businesses for women is a food service business. If you love to cook, no one can stop you from becoming a food entrepreneur (the same goes with the baking arena). You can also plan something for Nutrition-conscious customers by procuring fresh and locally sourced food with low fats. You can offer delivery services to your customers by collaborating with a few delivery men, and for adding a professional touch to your home-based business, you can create your food menu on-demand food delivery app depending on the business model you choose.
7- e-Commerce Store
If you are a shopping lover and searching for a good deal, you should consider Amazon\’s FBA program as one of the best businesses for women. Like Amazon, now there are multiple e- commerce websites where you can open your online shops, such as Shopify, Daraz, WooCommerce, Alibaba, eBay, and many more. You can find good deals on products at offline or physical stores and resell them on these e-commerce stores for a higher price, but for thriving in the e-commerce domain, your product must be unique and demanding that should be a problem solver. If you are finding difficulty in starting an e-commerce venture, then I have the right solution for you. Udemy, Extreme commerce, and Enablers offer excellent coursework on e-commerce business where you can enroll yourself and learn about this evolving field.
Conclusion
Did you find anything that excites you? If not, I would recommend you to find your passion first and then brush up on your related skills.
Match your skills or passion with any of these novel business ideas to create the best opportunity for you and thrive flawlessly in the entrepreneur world while staying at home.
According to a research, closing the gender gap in the startup and business world could add as much as $12 trillion to the global economy. For a stronger and vibrant economy, we have to support the 52% of the workforce and we need long-term goals to support and advance women’s careers. In our society, it’s best for you to start a business from the above seven businesses right from your homes.