I have one friend who started new business few months back, He failed in business and made losses. This is really disappointing. Today we see many business turns in to disaster may be due to lack of knowledge, plan or wrong idea selection. Many factors make business successful but one of them is right business idea.
Before starting any business we have fear in our mind that Can I make money in this business? Will my business see success? We are herewith answer of your question check out Top 10 most successful business ideas.
I am sure that if you execute this business ideas correctly you will see massive success.
(1) Restaurant
Restaurant business is one of the most successful business ideas. Healthy & tasty food is a need for everyone. If you are passionate about food and ready to serve healthy and yummy food you can start this business.
Why Restaurant business is successful business idea?
Due to busy lifestyle, people don’t find time to cook food at home & we even see many people prefer eating in restaurant frequently. This is the reason why restaurant business is most successful business idea today.
(2) Recruitment Firm
Starting recruitment firm is really good business idea. Recruitment firm does not require huge investment. You just need small office space and few contact to start with.
Why Recruitment Firm business is successful business idea?
Unemployment ratio is increasing and recruitment firm is in huge demand. Every student & professional requires good job and every company require good productive candidate. To get good job and good candidate they are ready to take paid/commission base services from recruitment firm.
(3) Custom made Gifts Store
Gift store of customized gifts is another good business idea to start. This idea is a low investment business idea as you don’t need office space since you can start this business from your home.
Why Custom make Gift store business is successful business idea?
We have trend to give gift on every occasion & festival. Gone are days where people use to give card or traditional gift, today’s trend is to give customized gift as it attracts more attention thus we feel custom make gift store can be good business idea.
(4) Wedding Planning & Catering
If you are creative in nature and able to manage multiple tasks at same time you can plan to enter in wedding planning & catering business. This is quite challenging business as it requires skill and management ability.
Why Wedding Planning & Catering business is successful business idea?
Marriage is one in lifetime opportunity and people are ready to spend lot of money to make this event successful and memorable. With your skill and ability you can touch sky in this business.
(5) Education / Coaching class
Education or coaching class is indeed good business idea. You need small space and skill to start this business.
Why Education/Coaching class business is successful business idea?
Today level of education has become high and every parent wants his/her child to stand first. They prefer to place child in to good coaching class thus we see multiple successful coaching classes today.
(7) Tour / Travel Planner
Tour or travel planner is another great business idea. This business requires good geographical knowledge and lot of contacts. In order to get sure success you can even tie up with online websites.
Why Tour / Travel Planner business is successful business idea?
According to recent survey Kenyans goes on maximum business trip every year. Not only that during every vacation (Easter holidays, Madaraka Day, Christmas etc) people prefer enjoying holidays by visiting distinct places and hill stations. Thus we see huge potential in tour & travel planner business.
(8) Smartphone sale and repair
Smartphone sale and repair is good business idea. In order to start smatphone sale and repair business you need skill and capital.
Why Smartphone sale and repair business is successful business idea?
Mobile phone business is growing in exponentially. Every common man today prefer smart phone. This increasing smartphone usage offers good business opportunity for sale and repair of smartphones.
(9) Event Management
Event Management companies are the perfect small business idea for anyone interested in helping other companies and individuals to plan and manage big events. This business requires planning and management ability.
Why Event Management business is successful business idea?
There’s definitely a need in the industry for event management as companies constantly host events to market products & services. In order to make this event successful they often take services from professional event management companies.
(10) Consultancy and Contracting
Last but not least consultancy and contracting is very good and successful business idea. This business requires expertise & domain knowledge. This business requires very less business capital.
Why Consultancy and Contracting business is successful business idea?
There’s a growing need for consultants & contractor in all fields including engineering, marketing, and scientific industries. Big companies are even ready to offer very lucrative payment for good consultants and contractors.