Published 22 February 2018 Category: Entrepreneurs, SMEs, Startups, Business

Brainstorming Business Ideas For 2018

We’ve done the Storming. You do the Braining.

It's easier than ever to find a trend and turn it into a full-on entrepreneurial venture. Channel your passions and skills to leverage a professional opportunity in the new year. Here are 11 great business ideas for 2018.

Craft beer is popular today, as are local, independently-owned businesses. If you're passionate about beer, consider starting a microbrewery that offers unique flavours and quality products. You can experiment with different brewing techniques and conduct taste tests. You'll also save startup money by opting for a smaller business rather than a large brewery or chain. Choose a lively location and plan your venture (and give us a free beer sometime).
Real-Life Success Story: Finback Brewery

Instagram consulting
Despite Instagram's growing popularity, not all brands know what they're doing on the app. If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive.
Real-Life Success Story: Kathryn Elise

Box subscription services
Box subscription services are popping up everywhere in the food, beauty and even pet product sectors, ready to deliver goods right to your door each month. One of the consumer perks is the idea that these subscription boxes are carefully curated just for them based on their likes and interests, and each month, the boxes' contents are a surprise.

Find a unique product category that's still untapped by the box subscription industry, or find a way to put a new spin on an existing service, and you could have a lucrative business on your hands. Keep it as inexpensive as possible - offering cheaper products will help you stand out from the competition.
Real-Life Success Story: FatFitFun Box

Health clubs for millennials (How about that?)
Health and fitness services are being rebranded to become trendier and more sociable. Opening a health club or gym targeted specifically to millennials could be a great way to capitalize on the fitness trend, especially if you focus on creating a strong, fun and engaging social media presence to really connect with young members and potential customers.
Real-Life Success Story: ROAM Fitness

Kid-friendly Apps
Kids are your future customers, so gaining their loyalty now isn't a bad idea. According to Common Sense Media, three-quarters of kids have access to a mobile device. This spells a big business opportunity for anyone who can create products or design apps just for kids. And, if they also happen to be educational or promote good health, you'll win their parents over, too.
Real-Life Success Story: Tozzle

Software training
If you're proficient in a highly specialised software, you can get paid to pass your knowledge on to amateurs and professionals looking to expand their skill sets. Technical manuals are available for programs like QuickBooks and Final Cut Pro, but these are often expensive and difficult for the average user to get through. Schedule small group workshops or private sessions, and charge by the hour for a full tutorial of the program. The best thing about this gig is that it can be done part time.
Real-Life Success Story: Flexera Software Services

Companies are increasingly turning to freelance and contract workers to fill the skill gaps in their staff. It's not hard to imagine that you could build a whole company around providing freelance services of one sort or another. Some freelance gigs pay by the project and others pay hourly, and the rates can vary greatly. But as you gain more experience, your earning potential will soar.
Real-Life Success Story: Katharine Writes

Mobile consulting
Mobile tech is now a must-have for almost any business, but finding ways to go mobile is a challenge for many business owners. If you can provide affordable mobile solutions to businesses that need them, you'll find mobile consulting a rich business opportunity.
Real-Life Success Story: Kony

Translation services
There's no denying the global marketplace is growing. All that cross-cultural communication is creating an increasing need for translators. According to the U.S. Bureau of Labor Statistics' Occupational Outlook Handbook, the hiring of interpreters and translators is projected to grow by 46 percent by 2022, much faster than the average for all occupations. This means it's a big business opportunity for entrepreneurs who can bring foreign-language speakers together with businesses in need.
Real-Life Success Story: ALTA Language Services

Healthy vending machines
More and more health-conscious and time-strapped people are looking for quick food on the go that is healthier than the soda and chips you usually find in vending machines. This has spawned a whole new industry of wellness-oriented, specialised vending companies that offer franchisees the chance to own and service vending machines with better foods and beverages.

Interested entrepreneurs can either open a franchise from an existing vending machine business or sell vending-machine friendly products to help stock up schools and offices with healthier, affordable snacks.
Real-Life Success Story: HUMAN Healthy Vending Machines

Smartphone repair
Smartphones have become indispensable for both business and personal use. But have you ever tried to get one fixed? Repairing a broken phone can cost as much as it does to buy one. Smartphone-repair services are starting to crop up around the country. If you have a knack for fixing broken screens and solving smartphone tech problems, then opening up a more affordable smartphone repair shop or service might be the way to go.
Real-Life Success Story: iDropped

How to find New Business Ideas using Social Media 

While looking at the booming industries year by year can be tempting, it’s also a good idea to look to your strengths. What is your skill set? What are you great at? This can be an excellent jumping-off point for coming up with the best business ideas. These suggestions should give you somewhere to start.