Areas of business: a list of industries, ideas for opening

Do not forget that when planning your own business, you need to rely not only on the issue of profitability and popularity of a particular direction, but also take into account personal interests and hobbies. After all, even a small company will be able to develop qualitatively only when it is done with great desire and zeal. Of course, it is worth noting that today, thanks to a business in the service sector, you can achieve significant success and realize your wildest dreams.

What is a service industry?

Any direction of this type of activity is based on the provision of this or that benefit to the customer. Moreover, this affects both the material and non-material areas. In the first case, the entrepreneur offers material benefits in exchange for a certain monetary reward, called the cost of the service. In the second option, the company performs some work, and in return receives financial compensation. It is not difficult to guess that the material sphere requires large capital investments, therefore, the presence of substantial start-up capital is strictly necessary.

And the second option can be called an ideal testing ground for creative people who do not have a certain amount required to start. A striking example of such a business idea in the service sector is the so-called "knowledge sale", that is, advising clients on certain issues in which they are less knowledgeable.

Advantages and disadvantages of this direction

Why is the service business so attractive to entrepreneurs? Its popularity is easily explained by a number of advantages. First of all, it is worth noting the presence of a consumer group. Almost any line of business finds a potential buyer, that is, an audience that is ready to give a certain amount of money for the provision of a particular service. The second advantage that can ensure the success of the event is market demand.

The main goal of any company is customer satisfaction. Therefore, the field of activity should be chosen based on the needs of the population. An unshakable advantage of small business in the service sector is its elasticity. In other words, the ability to quickly adapt to the constantly changing market conditions.

It is much more difficult for large firms to repurpose a well-functioning mechanism, so small enterprises are awarded the "palm" in terms of flexibility. Finally, the pricing structure in production or trade depends on many factors and follows a clear algorithm, while the service sector allows an individual approach to each client, which will ensure a rapid increase in the number of buyers.

How to start a business without start-up capital?

Young entrepreneurs often have limited funds and a great desire to start a new business in the service sector. Many people believe that in such circumstances it is unrealistic to carry out their plans, and they give up this thought without even trying. As practice shows, many successful companies that have occupied their niche in the market today started with minimal investment.

So, as noted above, for a limited budget, the provision of intangible services, that is, the ability to operate with your own knowledge, is perfect. Usually, the largest part of the cost is spent on finding and renting a space that will later become an office, also includes the costs of the necessary equipment or raw materials, salaries of employees and taxes for the first month. The basic costs include business registration, but for a small business, the amount is insignificant.

From the above points, you can remove the rental of premises, if you are ready to organize a small "headquarters" at home. The number of employees should be minimal, it is worth hiring only those specialists, without whose help you really cannot do.

What you need to know

Factors to know before starting your own business:

Before choosing an area of ​​future activity, it is worth highlighting the key factors that determine its profitability:

• The time interval for the return of the initially invested funds.
• The chosen field of business must necessarily be characterized by high demand from consumers.
• An acceptable level of profitability. Profitability should increase in parallel with the volume of goods or services sold.
• A low price threshold at which the purchase of materials and raw materials contributes to an increase in profitability.
• Positive rate of return on assets.

The implementation of a small business requires minimum labor resources and money. For example, you can gather friends and do the cleaning of apartment premises, repair. You can also open an inexpensive fast food, kiosk or bar.

Not so long ago, network marketing was in demand, operating on the principle of selling the produced product or service directly to the consumer, bypassing intermediaries, which significantly reduced costs and increased profits.

A striking example of network marketing is the space company Oriflame.

One well-known Russian entrepreneur, founder of a large cosmetics corporation, expressed the opinion that a successful businessman should be born, but it is impossible to become. Millions of people will agree with this point of view and will be relieved to believe that they will never be able to start their own business, because they lack courage, grasp, firmness and just the ability to earn money.

Of course, all people are born with a different set of abilities and talents. And a considerable number will never dare to start their own business. But perhaps the secret of success lies in courage? After all, entrepreneurs are not limited to speculations about what kind of business to do. They act, sometimes they make mistakes, but they continue to go towards their goal.

The life of a businessman is not a constant bathing in luxury and idleness. Yes, he plans his day himself and does not sit in the office from 9.0 to 18.0, does not humiliate himself in front of his superiors and is not afraid of losing his job due to the slightest oversight. But there are still enough worries. Most likely, there are even more of them than an employee, because you need to be responsible for the profitability of the business and for the people who help build the business. But all problems are compensated by a feeling of inner freedom and the fact that you are the master of your life.

Own business has a number of advantages:

Don't be afraid to be wrong. Don't let setbacks lead you astray. One line of business has not been set - try switching to another.