For the investors who want to expand their business portfolio, every day is a good moment to invest in a new idea. The difficult task is that if you have a sum of money you want to invest, you do not know what business will bring you profit and what idea will make you lose money. With so many business ideas available nowadays it is difficult to figure out what idea will bring you revenue. Some people want to make sure the niche they choose is profitable on the long term. Other people prefer to make bold choices and they invest in a fast-growing industry. A good business is one that will offer returns over the long haul. Therefore, if you want to invest your savings in a new business, you will find useful the following ideas.
Software provider
One of the industries that experienced a rapid growth recently is the software providing market. This business idea implies you creating a company that offers software, cloud-based services or any other services related to this industry. Once developing a software that helps other companies or individuals, you can start customising the program according to the particular needs, various markets have. In this way, you can expand your range of clients and grow your customer base. You can also develop a platform that can be used by the clients who pay a recurring fee. On the market, multiple companies are recording amazing revenue only by offering a basic cloud storage service.
Women’s shoes seller
The women’s shoes industry has been in constant growth lately and it is considered one of the most stable businesses you can establish both online and offline. This business idea is not a new one, but you can choose a specific niche. For example, you can choose to bring on the market only women’s pumps or you can create only customised pairs of shoes. The women’s shoes business idea is one that remained popular during the years, and it will definitely remain. Only the last year around 90 million people bought women’s shoes.
When it comes to shoes, women have two strategies of buying them. Either they buy a high-quality pair, sold at a high price, or they buy multiple pairs at affordable prices. You do not have to limit your business to sell only women’s shoes; you can offer a wide array of products, from scarves to seasonal products and socks.
Plus-size clothing store
More and more people are dealing with weight issues, and this has led to new needs in terms of clothes. People come in all sizes, but the majority of famous brands do not manufacture clothes in sizes that fit plus-size persons. The stores that offer this type of clothes sell basic models, or quite ugly ones, and if some people are not interested in what clothes they dress, many others are. For this specific audience you can tailor your services, and you can meet their needs by offering them fashionable clothing items in sizes that fit them.
The last year multiple brands have promoted new values of diversity and inclusion, but their stores do not seem to promote the same ones. This type of clothing helps you promote your business to a standalone niche. You can market your products in multiple ways. When it comes to the budget required by this type of business idea, you are lucky, because with a small sum you can start your own store. And if you need more funds Smarter Loans recommends you to get a loan, because you will have no issues returning the money.
Night vision camera provider
Night vision cameras have started to grow in popularity during the recent years, because they offer a clear video footage during the nighttime. It is one of the most effective ways of preventing crime, and in case someone trespasses your property, you can easily catch the suspect. You can open a night vision camera store, or you can introduce the product as one of the top ones in an electronics store. They are high cost products, but the advantage is that there is an already established market for them, and you will not have issues in finding clients.
The trick of achieving success in a short period is to establish a partnership with security service companies because they will promote your business as a provider of security equipment. In time, you can expand your business and introduce other security gear.
Smartwatches provider
By the following year, it is expected the smartwatches market to experience a boom. If the last year there were sold around 50 million watches, the following year it is expected the number of smartwatches sold to hit around $50 billion. Smartwatches are used for multiple purposes, and you do not have to sell famous products to attract clients. They are considered one of the smartest innovation technology brought the last years and it is safe to say that it is one of the new businesses ideas you should at least check.
Some smartwatches register the heart rate; others count the steps you make, and so on. Get in touch with a manufacturer that does not sell products in your country, and become their partner. If you promote a new brand, people like in other countries, you have great chances to hit success.
Electric cars manufacturer
Electric cars are a new trend that is expected to explode the following years. If you have a sum of money you want to invest, you should search for an electric car manufacturer that is looking for investors. Fully electric cars like the ones offered by Tesla are a major success on the market. People have become more environmentally friendly lately, and if they have the possibility to purchase an electric car instead of a traditional one, they will do it. The trick is to invest in a company that offers affordable vehicles, because they have greater chances to find a target audience. General Motors is one of the examples of companies that sell electric vehicles at a lower price than Tesla and their sales are higher because of this. You can even buy funds that invest in electric vehicles.
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Founder Dinis Guarda
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