Categories: Business Ideas

Top Three New Business Ideas For 2020

2020 is certainly the perfect time for home-based ventures! Maybe it was due to the pandemic. But it could also be due to the advancement of technologies like the Internet of Things. Home-based new business ideas for 2020 are on the rise. Most of these ideas are both manageable and convenient. With that being said, let’s learn more about some of the finest new business ideas for the upcoming months.

A transcription service

Do you have great native-language skills? Are your ears sharp and your fingers quick? If yes, you should consider a future in transcription services. This is a great business idea, that doesn’t involve much investment. You can work from the comfort of your home. All that you need is a good voice recognition system and a silent environment.

With time, you can expand your service to multiple languages. This is when you start to hire new employees in your business. The best thing about this business idea is that you will be paid for every line (or every word) uttered. Doesn’t this sound wonderful?

Professional organizer!

With more and more people working from home, the need for clean office space has increased. Everyone wants to work in a perfectly composed environment. This is where professional organizers become useful. This is a business that requires a spark and plenty of creativity.

The best time to kick-start this profession would be now. Mainly because we dwell in an era of materialism. The need for minimalizing things and making the most of what is found couldn’t be overstated.

When you consider this as your next business idea, you need to ensure that the spaces created are both comfortable and functional. The best way to achieve this is through practice and careful planning. The moment you bag a great project and complete it in style, don’t forget to advertise it on social media networks. All new business ideas need to appeal to and attract new customers.

Home care

Another stunning new business idea for 2020 would be home care assistance. To start a business in this zone, you need to have some background in hospitality and care. After all, you will be taking care of people who are too small to express their thoughts or too big to say a word. With more than 60 percent of the world becoming overpopulated with seniors and toddlers – home care is a great inclusion in the list of new business ideas.

Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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