New Business Ideas

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You don’t have to bang your head into a wall hoping that a good idea will come out. There are many ideas for people of all levels of experience and interest that have proven track records of success.

 

Healthy fast food:
Fast food is thriving today just as much as it ever has. But today, people seek out healthy alternatives to the greasy meals that make up much of fast-food fare. Taco trucks, burger joints, and ice cream stand just aren’t doing it anymore. Instead, restaurants that offer acai bowls, quinoa-kale salads, and whole-grain wraps are in.

 

One great little niche is the healthy fast food truck. Take Green Pirate and Nectar, for example. Both trucks offer fresh juices and smoothies to different locations every day. In addition, native Bowl and Hola Arepa mix up creative bowls and salads full of fresh, local ingredients. If mobile fast food isn’t really your thing, don’t worry — restaurants like Green Tomato and Zoe’s Kitchen do just as well.

Yoga studio:
Yoga’s popularity is growing as more and more people look to lifestyle changes to solve ongoing weight and pain problems in their lives. The 2016 Yoga in America Study, conducted by Yoga Journal and Yoga Alliance, revealed that 36 million Americans engage in the practice, a big increase from 20.4 million in 2012. 

There are many ways to get involved in the business of yoga: becoming an instructor, selling apparel and accessories, and opening your own studio. There are several yoga franchises to explore as well, like Bikram and YogaFit Studios.  Explore other great health and wellness opportunities by checking out Entrepreneur’s Franchise 500 list.

Tiny houses:
Sometimes a 10,000 square foot mansion doesnt constitute a dream home. Plenty of college students and graduates seek tiny houses on wheels instead. Why? They let you travel the country without paying for pricey hotel rooms. Even with full amenities, they cost far less than a normal-size home — Tumbleweed’s tiny houses start at about $10,000. They’re cuter and more practical than RV’s, and they’re (almost) fully customizable. Some even have tiny porches to match.

 

No, tiny houses aren’t just a fad you see on HGTV; they also make up an entire movement and an awesome business idea. Though a couple of companies already offer them, those companies don’t take advantage of the full range of possibilities. Very few tiny houses are stylishly decorated, and even fewer are optimized for pets.

Wellness app:
The health and wellness space is exploding in all directions, and a savvy coder (or someone with a great idea and can build a team) can find great success with an innovative app that helps people de-stress. On a recent episode of Entrepreneur’s podcast How Success Happens, founder Yunha Kim discussed the process of creating her meditation app Simple Habit. Since launching the stress relief and wellness platform in 2016, the company has gained more than 2.7 million users and received the 2018 Google Play Award for Best well-being app. In November 2018, Kim raised $10 million in Series A funding. 

Website rentals:
Creating websites from scratch for specific companies is an antiquated way of generating revenue from Web clients. Instead, Web devs are creating several websites for a certain niche, then renting customizable versions of each site to local businesses. The businesses pay monthly for a website the developer maintains. It’s a great way to make passive income and expand your existing Web dev business — as long as you know what you’re doing.

Subscription boxes:

You see them all the time on Facebook, Instagram, and Pinterest: subscription boxes. Now, you can receive a monthly box of just about anything: international snacks, high-end makeup, stickers, and even craft beer. There’s a subscription box for almost every hobby and personality… but not quite all. A subscription box business may be the fun side biz (or full-time gig) you’ve been waiting for. Think about items like candles, oils, and other consumable items prominent in the New Age lifestyle.

An even easier and less cost-intensive way to get into the subscription box, biz? Try “unboxing” them. One particular family of three, UnboxingRocks, has built a highly engaged audience on YouTube by opening their favorite subscription boxes on camera, then reviewing the contents with viewers. If building and shipping subscription boxes aren’t quite your thing, then perhaps sharing boxes online is.

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