In 2020, women are taking control of their lives and becoming the ultimate female boss. Although business used to be a predominately male orientated sector, there are more women than ever before now showing off their skills and talents. Research suggests the percentage of women feeling confident in their careers is on the rise, which is amazing news for those who wish to have a change of job or simply come up with their own business idea. If you’re a woman who has always been interested in the business industry, you may have contemplated starting a business before. With the accessibility of the internet and social media, this is more than possible for even the women who don’t have a large amount of startup capital. This article will discuss several business ideas for women.
Are you interested in finding out how you can be a female boss and start your own business venture? Below we’ve listed some top profitable business ideas that you should try out. Maybe one will work out for you! Approach all of these ideas with an open mind, and with the outlook that you’re going to succeed. Before you know it, you’ll have Forbes and Entrepreneur contacting you asking for your story and how you became one of the most successful individuals from your country!
Handmade Clothing and Jewelry
Handmade clothing and jewelry have great potential as business ideas for women. Handmade products do exceptionally well online, as do new and innovatively designed clothing and jewelry pieces. It’s for this reason that people choose their business venture to be around clothing and textiles. You can create a brand that is centered around influencers and marketing your brand using affiliates. Plus, if you’re a digital marketer or someone who works in social media, then you should try to set up and build a following on different social media platforms. Doing so will mean when you eventually launch your clothing or jewelry, people will already be familiar with your brand and trust you to deliver good quality products. If you want to succeed, you will want to create a unique brand; you may have various USPs such as using vegan materials or perhaps making clothing/jewelry from recycled materials. Having these USPs will allow you to stand out from your competitors. This allows you to be favored when people start purchasing.
Invest in Property
Any woman who is lucky enough to have the startup capital to start a business should look into the benefits of investing in property. For decades, property investment has been considered a stable and lucrative sector. This is why there is a significant rise in women and men taking the time out of their lives to invest. Research in 2018 by RWinvest found that women investing in property had skyrocketed in the previous year, with figures showing a 172% increase in the number of women searching for property investment. While these figures are impressive and show any businesswoman, she should be looking for her next big investment opportunity; you have to be clued up on the market first. To be successful with an investment property, you have to do your research and ensure you’re investing in the best high yielding areas that will encounter capital growth and that have a lot of tenant demand. This will mean you will see lucrative returns on your initial investment, which is ultimately the idea of investing!
Cosmetics and Skincare
A woman knows her cosmetics and skincare better than anyone if you have an idea for a brand then you should try it out. These days, people want vegan and cruelty-free products, so this should be considered when starting out. Plus, you want to ensure your brand is recognized amongst the ocean of other available brands out there. Essentially, the cosmetics and skincare industry is about ensuring you’re unique. You have loyal customers who will share how much they love your brand to gain new customers along the way.
Featured Image by Angelo Esslinger from Pixabay