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If you’re planning to go through with starting up your own small business, deciding what type of business is best for you can be a daunting task. Which of your talents, hobbies or passions would translate well into a solid strategy? If you’re having trouble deciding which is the best track for you, here are a few suggestions for small business ideas for women.
Small Business Ideas For Women
Childcare
If you have a passion for working with children, starting based daycare or nanny service may be ideal for you. Childcare as a self-employment opportunity is an easy to enter industry and can be considered one of the better small business ideas for women.
Make sure you check out your state’s requirements before setting up shop – things like insurance, CPR and First-aid certification, and licensing fees vary from state to state. The National Resource Center for Health and Safety in Childcare and Early Education website has great information and tips to help you get started.
Freelance
Perhaps words and creativity are more your forte than caring for children, if that’s the case you can try offering companies your services and skills as a freelance content writer or editor. With the advancement of technology bringing more and more information to the Internet, companies everywhere are looking for those with a flair for the written word to write content for their websites to get their name out and recognized. Try narrowing down your field of writing, picking a category and catering to those types of companies. Sticking to a specific niche can put your skills in higher demand. And turn this small business ideas for women into a profitable
company. If this sounds like an interesting venture, check out sites like freelancer.com or guru.com to find out what companies are looking for.
Business Coaching
If you have experience in the business field and are tired of working in a small cubicle every day, business coaching is another one of the great small business ideas for women. Business coaches can be especially helpful in these tough times
and rough economy by helping other owners and managers improve their work performance by personal change. The ability to help others set and meet their goals is an absolute must, and again, settling in a specialized expertise – whether it’s marketing, finance, or sales – can only help put you in higher demand. Networking with other coaches and business owners can start you on the right path to figuring out what your future clients need, and the International Coach Federation offers certification.
Real Estate Investing
Perhaps one of the best small business ideas for women is entering into real estate investing. All it takes to get started is reading educational materials online, most of which you can access for free, and to start reading up on current events and trends in the real estate market. There are also different aspects to focus on, whether it’s flipping houses, renting out apartments or offices spaces to tenants, or investing in a foreclosed home. Of course there are various risks to be aware of, but with careful planning and decision-making, most any venture can be very profitable.
Find other women investors to network with, those who will make you more comfortable with the ins and outs of real estate. And joining the National Real Estate Investment Association can give you more insight into which paths are the most lucrative.
These are just a few of the many small business ideas for women. Whichever path you choose, make sure to do a good amount of research so you can fully understand everything that’s required and needs to be done. Only then can your business thrive.
