Business Opportunities For the Smart Entrepreneur
Start writing a post

Business Opportunities For the Smart Entrepreneur

Business Opportunities

Business Opportunities

Spying the perfect business opportunity can be difficult. There seems to be an overwhelming amount of businesses popping up all over the place. The internet is jam-packed with businesses. The high street is full of shops. Is there really room for yet another business?
In short, yes. There is always room for more businesses. But, you need to have a smart plan for how you are going to operate. You need to be a niche. You need to fill gaps in the market. This is the only way to succeed in 2014 and beyond.

Here are some amazing business ideas and opportunities for smart entrepreneurs.

A Small Automotive business

You don't have to be BMW or Jaguar to own small automotive industry. Nor do you have to be car salesmen. There are some fundamental gaps in the automotive industry that are waiting to be exploited. Tire manufacturing, battery reconditioning and chip, and scratch repair companies are all vital. These aspects of the car industry are the ones that business people forget to exist. These businesses can be lucrative, and they have very low associated start-up costs. All you need is some key equipment, such as silent air compressors if you are going into the tire trade, and away you go. These kinds of businesses can be started for less than £1000.

Provide Virtual Assistants

With the rise of outsourcing in businesses, it makes sense to fill that niche. Many companies don't want their resources in-house. On the contrary, they would rather have a crack team of outsourced gurus completing tasks on their behalf. The growth of virtual assistants has been monumental. But, there is still a need for one great company to provide this kind of assistance. So, why not is the go-to guy or girl? Providing virtual assistants is a great way to strengthen your business bonds. The great thing is, is that you don't need a heap of cash to get started. A laptop, somebody's, and a website are all you need. People are desperate for work. But, companies are desperate for work to be completed. This is the perfect opportunity. Offer invoicing services, bills, content or PR. The world of virtual assistants is your oyster.

Translator Services

Okay, this is a kind of niche. But, think about this in reality. How many companies transcend into other countries? The growth and expansion of e-commerce mean that more and more people are trading overseas. But, there are language barriers. As a multilingual agency, you can send multilingual staff out to big companies. Franchise out your company. Create an agency. Think outside of the box. Hire staff from across the world. This can be virtual or in person. But, it's a savvy step to make. All businesses now operate on the internet in some way. All companies need a translator, but finding a translating agency can be difficult. The age of globalization has broken down trading restrictions. But, language barriers still exist. The smart entrepreneur will know that this is a lucrative industry that will only serve to grow in the future.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.

Ready or not, here come the holidays, friends, and if you're as obsessed with the spirit of the season as I am, you are much more ready than not. Thanks to Hallmark Channel's Monopoly game making it possible to celebrate all year long, you can be ready now, too!

Keep Reading... Show less
Stephanie Tango

The pandemic has been in our world for more than half of 2020 and people are still acting stupid. If anything, they're getting stupider. They think that the virus is gone. It's not. Stop going to frat parties. Stop trying to go places without a mask. I wish things were normal, too. They're not.

Keep Reading... Show less
Kai Parlett

In the summer of 2017, 20 type 1 diabetics completed a 10-week 4,000+ mile bike ride from New York to California. They biked against the advice of doctors, family, and friends. Many were skeptical that people with diabetes could complete such a physically challenging trip without putting themselves in danger due to their disease.

Keep Reading... Show less

That's right, you heard that correctly: Demi Lovato and Max Ehrich called off their engagement after the couple originally announced their engagement in July after beginning to date in March.

Keep Reading... Show less

Demi Lovato's Called-Off Engagement Reminds Us Of The Importance Of Taking Our Time In Relationships

While this may be another hardship she sadly has to endure, I know she will find a way to inspire and help others through it.


I am heartbroken.

Keep Reading... Show less

We all love a good ol' sappy Christmas movie and this year, the Hallmark Channel is finally giving us what we want: diversity.

Keep Reading... Show less
Health and Wellness

Seasonal Depression Is Real And It Deserves Our Attention

Check in on your friends throughout the winter season, it can be brutal.


As we transition seasons and enter the last few months of the year, some are feeling grand about this natural shift. But that doesn't mean everyone is thrilled that the weather is cooling down — it's important to extend your knowledge to the phenomenon that is seasonal depression.

The lack of sunlight during the later seasons of the year, beginning with autumn, triggers a state of depression for about 15% of the population. This results in the lack of serotonin provided by the sun, causing it to be hard for some to do a lot of the things that would normally be deemed simple tasks to do during the earlier times in the year like getting out of bed, showering, going to work/school, etc. A major difference is an intense need for sleep similar to a hibernation effect.

Keep Reading... Show less

September is Suicide Awareness Month, providing an opportunity to raise awareness, further educate yourself, and remember the reality that mental illnesses present. Yet it's critical to understand that suicide awareness is not an annual Instagram hashtag to use and forget. Actively advocating for mental health resources, progress in education, and a broken stigma is an everyday ask — an activity that we can each participate in.

Keep Reading... Show less
Facebook Comments