Seven Profitable Business Ideas in 2017 You Will Love
With the increasing population and improving technology, it is obvious that 2017 will have a favorable climate for people who want to establish businesses in different sectors of the economy. Most entrepreneurs are likely to have an easier time marketing and building strong service portfolios with the help of advanced technology and online popularity. If you want to become an entrepreneur, here are 7 business ideas for 2017.
SEO Consultancy
Search engine optimization is one of the most essential elements of any marketing campaign. Businesses from different industries spend thousands of dollars every year to increase their search engine rankings through SEO strategies. With increasing SEO demands from Google, companies will have to dig deeper into their pockets to ensure they rank highly in search engine result pages come 2017. You can use your skills to show businesses how to optimize their SEO strategies. The good thing about SEO consultancy is that you require a smaller amount of capital to start than most web-based businesses.
Real Estate Business
2017 will foster a good environment for real estate investors. The mortgage rates are currently at their historic low levels, and everyone is beginning to love the industry once again. We expect this trend to continue in 2017 with lower mortgage rates and increased demand for commercial housing. This means that real estate will be a rewarding business choice in 2017.
Staffing Business
Many economic pundits and analysts have predicted an increased rate of economic growth in 2017. More new businesses will form and others will expand. Both the established and the new businesses will require more skilled and unskilled manpower to offset the supply-demand deficit. A staffing business is one of the best business ideas for 2017 to consider, especially if you have an experience in human resources. You will also be part of a team of brilliant-minded individuals who help the country tackle unemployment problems.
Wholesale Business
The number of small-scale retailers in urban regions and rural areas is steadily increasing. This trend is expected to continue in 2017. Most people predict that the number of retailers will even become higher by the end of 2017. In order to satisfy their needs, retailers will require more wholesalers. Hence, starting a wholesale business is a good choice come 2017.
E-commerce Business
About 51 percent of customers prefer to shop online. Most customers run to social media such as Facebook and Twitter to inquire about potential sellers. The number of people using online platforms to shop is expected to increase in the year 2017. People who want to start a business can tap into the rich potential associated with e-commerce businesses and build themselves financially. There are a lot of e-commerce options available out there. The choice of a business depends on your skills and what you are comfortable with emotionally and financially.
An Affiliate Marketing Business
An affiliate marketer is a good way to earn extra cash come 2017, especially if you are a blogger. There is currently an increasing number of online platforms that allow affiliate marketing. Some companies encourage people with good intentions to join their online marketing team as affiliates. Others allow their staff to be their affiliates when they are off or traveling in foreign countries.
With the increasing number of consumers, most companies will require affiliate marketers to enable them to reach out to more people cost-effectively. If you have a blog, affiliate marketing could be a goldmine for you in 2017.
Computer and Phone Repair
Today, most people spend their time on computers. The number of computer purchases has increased significantly over the past few years. The demand for computers will continue to increase in 2017. This means that those who offer repair services will also experience a surge in the number of customers. Also, we expect to see a lot of phone repairs next year. Phone repair businesses will thrive because more people are looking forward to buying even more advanced, yet fragile, smartphones come next year.
In conclusion, 2017 will be one of the best years for businesses across the world. With the reduced costs of production and improved technology, most startups will thrive in all sectors of the economy. The list discussed above shows some of the best business ideas for 2017 that we predict will do extremely well.
