Best Types Of Small Businesses To Start

Technological advancement has provided many people with the ability to comfortably work from home. Just with a computer and access to the internet, you can avoid the nine to five routine which is rather confining and run your own enterprise from the comfort of your home. There are several businesses which can be successfully run from home and also turn out good profits to boot.

Many people who would like to start their own firms or enterprises and avoid the hustles of paying for premises would find the idea of a home based business highly convenient. Here is a list of some of the most successful home based businesses that a lot of people have taken to and succeeded.

The good thing is that some of them can easily be started even without much capital outlay. The service industry still provides the best option for those who lack sufficient capital but would like to start their own home based businesses. Below you will find a list of successful businesses.

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List Of Successful Businesses That Allow You To Be Creative

best types of small businesses to start

1. Pet Care

If you love animals and pets for that matter, this would be a good venture for you. You can market your services through referrals and close friends. You can offer to look after people's pets when they are away or even walk them in the mornings and evenings for a fee.

Additional services like washing and grooming can also earn you extra bucks. There isn't much capital needed to set up such a business and all you need is good animal handling skills. 

2. Online Marketing

Social media marketing has been a mainstream marketing concept for a while now. Because companies are always facing the constraint of time and they still need the input of "influencers" to reach a wide network of social media users, this can be a perfect opportunity to set yourself up as a seasoned online marketer. It pays well and there is not really much input needed; just a good mastery of trends on social media sites such as Twitter, Facebook and the rest. 

3. App developer or designer

This is currently the in-thing and it pays so well. If you know how to develop mobile phone applications, you just might be the next big thing in the tech world. From the comfort of your home, you can turn this into a full time home based business. It also has the advantage of not requiring much capital input. After building a big clientele base, you can employ other people to work for you in order to improve the efficiency of your operations. This in my opinion is the best list of successful businesses.

best types of small businesses to start

4. Child Care

Parents find it very difficult to find a suitable babysitter for their kids. Some of them are even willing to pay extra money if they find that they can trust you with their children. You can start a child care center from the comfort of your home and have a steady flow of income. you don't have to worry about monthly rent for a premise, just enough material to ensure the comfort and safety of the babies while they are under your care. This is really big business and a number of people are making a living out of it.

5. Party Planner

It is never easy to plan for and host a party at the same time especially if you have other commitments to tend to. That then provides an opportunity for people who would like to get into the party planning business to take charge. From the comfort of your home, you can set up a successful party planning business with very little effort, just a little capital for marketing. You can create a website and use social media marketing to gain more clients. Your past clients can also market your services by giving you referrals. This list of successful businesses anyone can do. 

6. Web content developer

There is always a shortage of web content developers. You can turn this into a steady business by effectively advertising your services and doing a good job so that you have repeat clients. Web content creation is one of the best ways to become self employed and with relative ease that is not normally associated with startups.

You can also source for companies through online writing sites which are so many these days. In fact, most companies use such sites to hire web content creators. This is one of the most ideal home based business and a lot of young people are finding it very convenient than the nine to five jobs. 

best types of small businesses to start

7. Blogging

Bloggers are the new kids on the block. Even though it might take a while before a blog starts generating you money, it's a cool way to make money from what you love doing. Most bloggers make money by posting content that would drive traffic to their sites and prompt companies to advertise on them. Bloggers can also put up blog contents that advertise the products and services of companies. Normally, companies pay them to put up such content because of the huge influence that they have on internet users. 

8. Boutique

With a little bit of capital and fashion design skills, you can start your own boutique at home. The good thing about this business is that you can sell your clothes to physical stores or start your own online store where customers can order for clothes and you deliver to them.

Online stores are very convenient and will give you a wide customer reach. There are many online fashion stores that have cropped up and they are doing quite well. In the age of technology, this is a good opportunity for any designer who would like to start a business venture.

9. Business consultant

If you have extensive experience in the corporate world and looking to find something different or willing to venture on your own, you can become a business consultant. Your home can be your premise and you can advertise your services so that you have a good number of clients.

10. Accountant

Most small and medium sized companies are run by people who do not know how to file tax returns and take care of the books of accounts. If you are a trained accountant, you can grab that opportunity and make good money out of it from the comfort of your home. You can do all your work at home and deliver when completed. Finanlly, this list of successful businesses are easily done from the privacy of your home or residence.

Many new businesses are coming up. You will find new entries in almost all the businesses. When some succeed to influence the buyers, others keep struggling to set their feet. In this article, you will come to know about some businesses those have dominated the industry within a short journey. Followings are the list of successful businesses and top ten companies. 

1. Walmart

Walmart is an online retailer that has acquired digital-native retail companies including Moosejaw, Shoebuy, and ModCloth in the past few years. It also acquired for $$3.3 billion. It is one of the most successful online retailers that have dominated the industry for the last couple of decades. Online retailers are becoming more successful in this digital world where people prefer a convenient option for shopping. Amazon and the Walmart are a few names to be mentioned here. The revenue of Walmart in 2016 was $485.9 billion.

2. Apple 

The next name comes in the category is the Apple. The iPhone makers struggled a bit hard to create a special recognition and to give competition to the local brands made in China. It reported metric fell 7.7% in 2016. Despite the drop, it still boasts the highest profits in this industry. In January, Apple announced the financial results for the fiscal 2017 quarter. It posted the all time record quarterly-revenue of $78.4 billion. It is the highest quarterly revenue ever. Thanks to the iPhone and new additions that made it possible for this manufacturer. 

3. Facebook

Facebook is a social networking site that offers free access to the users. The net worth of the Facebook is fifty-three billion dollar. The main founder of this social networking site is Mark Zuckerberg and the co-founders are Chris Hughes, Dustin Moskovitz, Andrew McCollum, and Eduardo Saverin. This website made the founder Mark Zuckerberg the second richest billionaire. The Facebook has announced its fourth quarter earnings that generates $8.81 billion in revenue and the earning for share is $1.41. This social networking site is getting more members with every passing day. Now it has 1.86 billion monthly active users. Moreover, 1.23 billion people visit the site daily. 

4. CVS Health

The company was founded in 2007 as a merger of the Caremark, CVS Pharmacy, and the CVS health. It is one of the largest companies those have operated solely in the United States. It has around 9, 750 stores in the USA. It has generated about 263-47 US dollars. In 2015 only, around 4.37 medical prescriptions were dispensed in the United States. It is expected that around 4.78 billion prescriptions will be filled annually by 2021. The net revenue of this company was $177.5 billion in 2016. The company has not got much success in the initial days. Later, it focused more on the beauty and health sections to get the desired traffic for the site. Now, it is one of the most popular sites for the drugs and healthcare products. 

5. UnitedHealth Group

UnitedHealth Group is the largest health insurer in America. The revenue of this company was $ 184.8 billion in 2016. The revenue was 17.7% more from the last year. It got this much revenue and even more than last year after the loss that it got after the involvement in the Affordable Care Act Healthcare exchanges. It will exist most of the Affordable Care Act by the end of this year, as said by the company. It is expected to get more success and growth from the health insurance lines and Optum, the health service business. It got the annual revenue of $200 billion in 2017 for the first time in its history. 

6. Ford

2016 was the year of the milestones for the Ford. It had some exciting announcements showing both the weakness and the strength of the company. Ford, the American-based manufacturer, has also seen some improvements in its revenue even after making some changes in the accounting. Ford is the fifth most valuable car brand across the globe. It has the around $150 revenue in 2015. It is about up from 144 billion US dollars in 2014. This company helps financing, insurance, and leasing to the dealers. It also facilitates to purchase the new and used cars.

7. Berkshire Hathaway

The Headquarters of Beriskhire Hathaway is located in Omaha, Nebraska, US. The net worth of this company is $143 billion. The founder of this company Warren Buffet was the third richest man in the world. He has the 316.000 employees. BSNF, acquired by the Berkshire, is the second-largest rail road by revenue and volume. It has generated $3.6 billion profits in 2016, despite the downswing in the commodity prices that affected the industry badly. In addition, Hathaway Energy reliable generator earned $2.3 billion in 2016. It has invested in many other industries and has received profits with the right investment. 

8. Toyota 

Toyota is an automotive manufacturing company that has more than eight decades experience in this industry. The net worth of the company is $236 billion. This is the only company in this industry that has the trillions of the dollars in the revenue. Besides, the company has made thirteen trillion equity. It has got the distinct record of manufacturing ten millions of vehicles every year. It has around 33, 8875 employees and the number is increasing rapidly. The net revenue of this company for the fiscal year of 2017 is $ 248. 4billion. In 2015, it was ranked as the second most valuable corporate brand in Asia. 

9. General Electric (GE)

GE was established by four founders, namely, Edwin Houston, Thomas Edision, Elihu Thomson, and Charles A. Coffin. All of them have come from the electric field. The headquarters of this company is located in Schenectady. The net worth of the general electric is $147 billion. It deals with different products including electric motors, finance, lighting, energy, Aircraft engines, healthcare, electrical distribution, software, oil, and water. It has around 307,000 employees. The revenue of this company is $119.87 billion in 2016. It is one of the largest farms in the United States. 

10. Exxon Mobil

Exxon Mobil is an American multinational oil and gas corporation. Its headquarters is located in Irving, Texas. It is the world’s seventh largest company by the revenue. From 2009 to 2014, it was the largest, second largest, or the third largest company worldwide in general measured by the revenue. In 2015, it was the sixth-largest company across the globe by revenue. It is organized functionally into a number of global operating divisions and these are grouped into two categories. It has also several ancillary divisions. The fiscal revenue of this company in 2016 was $205 billion.

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