#green business ideas
10 Green Business Ideas for Eco-Minded Entrepreneurs
Are you considering to start your own business but are concerned about the impact it will have on the environment? Green businesses are ecofriendly, and they go beyond the regulations to show their commitment to sustainable development. You do not need any particularly brilliant new idea. What is more, most of the green businesses are alternatives of the standard businesses, but with a nature-conscious management and production processes. Check out the following green business ideas.
1. Green Business Ideas Organic farming
While businesses are going green, so are their customers. Everyone nowadays is switching to healthier lifestyle choices, and this particularly concerns the food they consume. The effect of this is that organically grown vegetables and fruits are highly sought, and this trend is sure to continue in the future. The market for these products is very developed, so you will have no trouble finding buyers. What do you need to start this business? A piece of land and love for outdoor work.
2. Organic menu restaurant
If you do not want your hands to get dirty, but still wish to take your piece of the pie in the ongoing healthy-eating trend, why not be on the other side of the transaction? Open a restaurant that would serve only organic meals, made from organic ingredients that you would be buying from organic farmers.
3. Green construction
Become a green contractor. Green construction simply means construction with eco-friendly materials and incorporation of energy saving systems, such as solar heating.
4. Recycling pickup
Recycling is also very popular these days. But no matter how determined people are to recycle, there is always the problem of what to do with bulk trash, like computers and house appliances, once you no longer need them. If you want to start a recycling pickup service, take a page out of the book of Sydney s rubbish removal services. for e-waste. It is a very lucrative business, yet in deficit.
5. Green developer
Develop applications that will help people help the earth. These can be simple guides to local green stores, or complex energy consumption calculators.
6. Green consulting
If you are familiar with green technologies and standards, you can easily become a consultant to other businesses on ecological issues. Help other people start a green business, or turn their current business into a more environmentally friendly one. This consulting can involve anything from efficient energy consumption to sustainable production. Get certified to gain more credibility among customers.
Furniture upcycling has quite a hipster vibe. Take any piece of old, unused furniture and repurpose it in an unusual and preferably unexpected way. All you need is some tools and a few original ideas. Once you clear your attic and basement of all the unused furniture, you will find that flea markets are a great place to find new ‘raw materials’.
8. Green blogs
If you like writing, and like to work from home, start a blog. But not just any kind of blog. Start a green blog that will promote green activities.
9. Bicycle business
Bicycles are the most eco-friendly means of transport there is. They emit no gas into the atmosphere and so do not pollute the air. Buying and reselling bicycles has become a huge part of the green revolution. Consider participating in it. You can also open a small local bicycle café where you will sell drinks, while you are repairing your customers’ bicycles. Take tourists to bicycle sightseeing tours of your town, or your neighbourhood.
Start a cleaning services company which will use your own natural house cleaning products. Make more money by selling these products to households and other cleaning service companies.
What green business do you see yourself managing?
Small Business Can Newsletter
Small Business Can is run by businesspeople for businesspeople. We share our experiences, successes and failures. Sign up for our insightful (and sometimes funny) newsletter and stay up to speed with all the latest insights.
#most successful businesses
Despite being a huge economy that ranks at number 3 in the GDP (PPP) league globally, India is a nation where the agriculture and unorganized sectors dominate employment generation. Contrary to what a lot of people may believe, we do not have a majority of our workforce employed by the organized sector.
The Indian workforce can be categorized by a simple and approximate formula – 65-35-15-85. Of the entire workforce, around 65% are engaged directly or indirectly in Agriculture, a massive number. This number will include farmers, farm labourers, transport workers, mandi workers, marketing people, rural business persons of all types etc. That leaves around 35% of Indian workforce, which we can call non-farm workforce. Of this 35%, not more than 15% are employed by the organized sector. They are paid salaries on fixed dates (almost), enjoy statutory benefits and can associate their work with some brandname of some credible size. The remaining 85% (of this 35%) are engaged in unorganized sector, that does not enjoy any of these characteristics. Are these not shocking statistics, for India, after nearly seven decades of economic independence? By the way, I have not counted homemakers and housewives, whose contribution anyway does not get counted in the GDP calculations.
We are a nation of 1.3 billion people (that’s 130,00,00,000 people). So it is clear there is abundance of labour available in India, that is untrained, unskilled (or at best partially skilled) and has a poor chance of making it in the formal organized sector. What do these people do? Well, they create small businesses of their own, and get on with their lives quietly.
Mainstream academia and media often speak disparagingly of these millions as “Mom-and-Pop” shops, because the comparison yardstick is the West, where most of retail is organized. But if these millions were to give up their businesses, and start pestering the governments of India (central and state) forSarkarijobs, the whole system will crumble and break down in no time. We should be very thankful to these entrepreneurs who quietly create opportunities for themselves, and even employ many more.
I assume by small. the question means really small, even micro. And “top 10” must be the range and spread. The ones I am listing below, are usually proprietorships of the most unstructured format. I am intentionally not counting the Small-scale enterprises in the manufacturing sector. I am also leaving out individual contractors that use the internet economy to work from home, on projects anywhere in the world (these are educated and very capable people).
In my opinion, ten of the smallest of businesses (not counting agriculture related work) that are widespread across India, totally taken for granted, and where literally crores of Indians (1 crore = 10 million) are self-employed, can be listed as:
- Small retail shops – Millions of them spread across the length and breadth of India. They are usually owned by a single family, and entire work is done by two or three members of the same family. They do not formally book every transaction, and issue no receipts. Hence, they generally pay no taxes at all. In fact, if they are forcibly dragged in the tax net, many of them will simply become unviable! So what will happen? Right now we have around 1 million young people entering the workforce each month. Or 1.2 crore each year. We will substantially increase the number if these shops collapse.
- Paan ki dukaan – Indians love their paan, supari, cigarettes, tobacco, and gutkha! And this gives birth to the legion of Paan Shops we see everywhere. They form a key part of the marketing plans of consumer goods giants like Unilever etc. As they say, the Ps of marketing are Product-Price-Promotion-P lace-and-Paan shops.
- Readymade Garment shops – Thousands of these small shops cater to the needs of the local communities they serve. While all conceivable brands are available in big malls, the small shops cater at an atomic level to their customers’ needs. And they are busy all year round. One can be often surprised at the economical rates these offer.
- Tea stalls – Popularly called chai-ki-tapri. these are hangout places (for a few minutes) for the local small office-goers, daily wage labourers, and anybody passing by. Usually run by a single entrepreneur, they employ chhotus, young boys barely 8 or 10 years of age. It can be seen everywhere in India. They serve tea (of coffee), some basic snacks like pakoras, etc. Wholesomely unhealthy if taken on a daily basis.
- Auto Repair shops – If you do not wish to spend a lot of money to get your vehicle (2 wheeler or 4 wheeler) repaired at the branded sales outlet or service centre, then the roadside repair shop is always at your disposal. Business is always brisk, and the technicians working can be amazingly skilled.
- Mobile repair / accessories shops – The past few years have seen employment generation through this route. Tiny shops that are run by just one or two people can cater to a vast range of your repair / recharging needs. Found almost everywhere.
- Grocery Daily need shops – A type of the small retail shops. Some of them are organizedkirana stores, others much smaller but equally useful. They develop customer relationships through home delivery, some credit, and informal support for a range of needs. Usually have dedicated and loyal clienteles. The arrival of organized retail has, so far, not affected them much.
- Small restaurants / coffee shops – Lots of them dot the highways as dhabas. or all commercial roads in cities of all sizes. They are usually much cheaper compared to branded cafes. I remember enjoying a hearty meal (for a family of four) for Rs 36 when we hungrily went to a very small “south Indian” restaurant on a mountain side in Munnar, Kerala. What a meal it was! And what a rush the restaurant was handling. Such experiences make you want to become a food entrepreneur (the yummy margins! ).
- Seasonal shops – Every festival in India brings unique buying needs, and that leads to sprouting of such shops in specific areas of all towns and cities. So, during the Ganesh Chaturthi festivals, shops spring up overnight selling pooja samagri (material for religious prayers) and idols. Similarly, Deepawali sees fire-cracker shops and Holi brings with it gorgeously colourful temporary shops. All dealings are naturally in pure cash!
- Hawkers of all types – Not to be outdone by the above, we have a whole range of hawkers who shout themselves hoarse strutting their stuff door-to-door, all day long. They do this on bicycles, or thelas, and it must be very exhausting work.
I personally feel that society ought to respect these individuals much more that it currently does. They are the most basic building blocks of our goods and services markets. The entrepreneurial streak of these unsung heroes can be very motivating if we see the sheer struggle their daily lives entail.
As India moves forward, while our economy will get more structured, the simultaneous growth of our population is going to make formal employment generation a huge challenge. Interesting times ahead!
There is a contradiction in the question: What are the top 10 internet business models that are currently the most profitable and easiest to copy in a new market?
The most profitable business model will not be the easiest to copy since by definition anyone can copy that business model, compete with the original business model and so bring down the profits of the business model as a whole.
Examples of most profitable internet business models typically depend on dominating the long-tail. This requires these businesses to operate at a lower cost than if manual / human processing was required, and capitalize on improving the signal to noise ratio using algorithms at scale. It is difficult for substitute businesses to develop the same scale later as collecting huge amounts of long-tail data takes a long time (years)
Google search: Have data on long-tail search terms and creates a market place where participants can bid to reach most relevant customers.
Amazon.com: Have organized information of long-tail products for sale and offer unparalleled selection, prices are reasonable, inventory overheads are low (they need to stock a few items globally compared to a few items per physical store)
Ebay: Created an auction marketplace where buyers can bid for long-tail products offered by sellers world-wide. The larger the number of buyers, the larger the number of sellers and Ebay makes a cut off each transaction.
Wikipedia or Yahoo Answers: Long-tail content is generated by users at little / low expense to the company, content is relevant and used years after it was originally created. Bulk of the content is accessed only a few times every month but collectively drives billions of page views a month. This can be harvested by basic online advertising.
#lucrative business ideas
19 Hot Sports Business Ideas
There’s a lot of money in sports. Usually, that adage is associated with negativity high player salaries, ticket prices, concessions but on another level, it’s true on a small business level.
Sports present a lot of small business opportunities to entrepreneurs and there are plenty of sports business ideas that don’t require any athletic ability whatsoever. In fact, there are a number of businesses that are more just ways of marketing established businesses to a sports audience.
Athletics appeal to one of the broadest ranges of people. For many children, youth sports remain a rite of passage. And adults are being encouraged to be more athletic every day.
Check out these hot and potentially lucrative sports business ideas.
Hot Sports Business Ideas
For a lot of blue-chip college recruits, they’re making names for themselves in elementary school literally thanks to the fame they’ve built on YouTube and other video sites. Professionally edited “mixtapes” showcasing their skills serve as a way of getting their names in front of the public and, more importantly, college recruiters.
This isn’t just for the Thon Maker’s of the world, either. Any high school athlete with eyes on an athletic scholarship can benefit from a seamless highlight reel.
Every youth sports team still takes the time to sit down for team and individual pictures. These images often become family keepsakes and are shared with relatives and friends. And there’s usually a local photographer responsible for delivering those images.
Your community’s youth soccer league generally looks for a local photographer. Marketing your photo studio to these organizations could land a lucrative and long-lasting contract.
Want to go beyond the standard still team shot or the posed standing-with-bat picture? One of the more popular trends in youth sports is for a team or organization to partner with a photographer who can deliver in-game action shots.
Parents can then check out the real-time photos being taken of their youngster and purchase prints of their kids sliding into second base or hitting a big shot.
Sure, the value of some of those sportscards has come down drastically in recent years but there’s still a thriving sports memorabilia market.
A word of advice: for as long as there has been sports memorabilia, there has been an active fraudulent sports memorabilia market, too.
Sports League Organizer
We’re not talking the level of the NFL’s Roger Goodell but starting a sports league on the local level is a real possibility for a creative entrepreneur.
Amateur public basketball leagues, kickball leagues, dodgeball leagues all have someone at the helm to keep it all organized.
Referees are typically in high demand and it can become a regular gig for a lot of solopreneurs. Scholastic and collegiate sports organizations are always in need of refs for any number of sports.
Additionally, amateur athletics organizations like the Amateur Softball Association have a regular call for umpires and other officials.
Solopreneurs with some time to commit can become a team coach. Typically, these roles are filled by former players not necessarily star players, either with a knowledge of how the game is played and taught.
Coaching gigs are typically available through local school districts and at colleges and universities. Also, select and travel teams certainly need coaches.
Tennis coaches. Golf coaches. They’re still in demand and if you’re skilled in the sport, there’s a young protege in waiting who could benefit from one-to-one sessions.
Those examples are pretty standard. Today, specialization in sports has opened new opportunities. Think, a shot coach for basketball. A goalie coach in hockey.
Sports Camp Organizer
Camps can last anywhere from one day to a week or longer. These are specialized training sessions usually held during off-season months for players of a sport to hone their skills.
The best sports camps partner with a locally well-known athlete to boost credibility and attendance.
Personal Fitness Trainer
There’s always a demand for people to help others get healthy. Really, those people need personal trainers to keep them to a fitness regimen.
Becoming a trainer requires a lot less overhead and infrastructure in place to get started, too.
Whether it’s investing in a gym franchise or starting a small independent weight room, fitness-conscious people and bodybuilders need “their church” where they congregate.
This type of business clearly requires a little investment, obviously. Gym equipment, a gym, and insurance are just the beginning.
Martial Arts Instructor
There is a rise in interest of martial arts of all kinds. This goes beyond the ordinary karate dojo, too.
Martial arts enthusiasts are showing keen interest in more specialized forms of the sport. Of course, the rise of mixed martial arts fighting has increased interest in martial arts, too.
Private practice psychologists can market their scientific skills to the athlete’s mind. There’s usually a lot going on up there.
Create a marketing campaign that targets athletes. And it needn’t be athletes that are struggling with performance slumps either. Coaches needing confidence, assertiveness, and leadership training may seek counsel, too.
Yoga appeals to a particular audience but it can benefit so many more.
Marketing an existing yoga studio to team or field sports athletes can boost the amount of people walking into that studio. Targeting an entire team and offering a package deal on a special night one you may normally not be open may help alleviate any insecurities these athletes may have about attending yoga.
This is another business that only requires a targeted marketing effort. Reach out to teams local to your practice and offer your services.
Got a passion for one particular team, sport, player, or league? Craft a clever domain name hint: a lot of the names you’ve probably already thought of are taken and get to producing a lot of content.
Remember, the sports blogosphere is a crowded one. To stand out, you’ll need a unique take or angle and content quality is of the utmost importance. You ve got to know as much as and more than the average fan.
Sports Bar Owner
Not everyone in the business of sports needs to participate in on-field activities. The public still likes to watch sports more than play them. And they need a place, in public, to watch these games with their fellow die-hard fans.
Bounce House Owner
A popular group outing especially for kids (and their parents) are bounce houses. We’re not talking the blow-up variety at a children’s party, either. Think, a room full of trampolines.
Skate Park Owner
Skateboarding remains one of the most popular action sports. Of course, there are a lot of concerns that need to be addressed before you allow anyone to start going airborne off ramps and trick apparatus.
These are just a few sports business ideas, do you have any to share? List some of your ideas below.
Joshua Sophy is the Assistant Editor for Small Business Trends and the Head of Content Partnerships. A journalist with 17 years of experience in traditional and online media, Joshua got his start in the newspaper business in Pennsylvania. His experience includes being a beat reporter covering daily news. He eventually founded his own local newspaper, the Pottsville Free Press, covering his hometown. Joshua supervises the day-to-day operations of Small Business Trends’ busy editorial department including the editorial calendar and outgoing assignments.
Latest Trending Business News
#online business opportunities
Top 10 Online Business Opportunities to Make Money
Great ways to increase your income directly from your private computer
Money makes the web go around. Whether you’re on a mission to find a new source of income or just looking to increase your paycheck with a side gig, the internet can offer a variety of solutions for you to choose from.
With such a great selection it’s easy to get lost. And although trial and error is a method we usually would recommend, it’s probably not a good idea to invest time and resources on experimentation when something so crucial as your income is at stake.
The solution? Research, and fortunately for you we can save you time with that. Below is a list of 10 online business opportunities that have a high potential for generating profit. Read through and consider which of these options might work for you.
1. Teach Online Classes:
Your expertise and knowledge can be very useful to you when you start your online business. Whether you’re a certified chemistry teacher or a knitting master, you can create an online course and charge students for access to the study material.
2. Do Affiliate Marketing:
On the web, affiliate marketers are people who promote various online services and receive a commission for making sales. Many online services have an affiliate program Wix.com has one as well! This type of business is especially worthwhile if you already have a blog or a website set up and can simply start working on promoting your affiliate goods.
3. Write for Pay:
If you happen to be a gifted writer, your skills could be valuable to a huge variety of target audiences, from companies that need tech manuals, to college applicants who need help writing their resumes, or small businesses looking for good newsletter content.
4. Design Wix Websites:
You have no idea how many times we’ve seen this pattern a person in need of a website creates one using Wix’s web publishing platform, is very pleased with the process and the outcome, publishes the website and then receives offers from friends and acquaintances to design a site for them as well. The idea behind Wix is that everyone can create websites, but not everyone has the time or the will to do it, so why don’t you step in and fill the need? Check out WixEd. our very own online course where Wix users can become certified web designers and start their own business in web design.
5. Open an Online Consulting Agency:
Provide professional and specialized observations based on your field of expertise health and wellness, finances, law and more. Here you can choose whether you want to work solely online or combine face-to-face service with your digital one.
6. Use Your Research Skills:
The internet created a neverending source of data. Companies searching for business intel, an individual interested in family genealogy or an author in need of background material do not always have the ability to search this vast pool of knowledge with a fine-tooth comb. In these examples and others, they would prefer to hire someone to perform online research. Might that someone be yourself?
7. Get with the Retail Program:
With online sales continuously on the rise, selling products to web shoppers is definitely a worthwhile path to follow for business purposes. Using Wix to create your own online store. you can set up a retail business with minimum effort and costs. We even have a guide that can help you choose the best products for your online store.
8. Offer Text Editing Translation Services:
It’s the most straightforward process you can imagine. A customer sends you a text for proofreading, literary editing or translation purposes, you do your work and send them a document back. This kind of hassle-free operation will leave you plenty of time to focus on promoting your service.
9. Become a Social Media Marketer:
Small business brands and professional freelancers often require help with promoting their work on social media platforms. You can train yourself to understand the fine art of social media marketing and offer to either take over their social marketing efforts or to provide consulting services on the matter. The Wix Blog will provide you with an abundance of reading material on how to market on social media .
10. Create Custom-Made Art or Music:
If you want to support yourself as an independent artist without having to take on an office job or wait tables, why don’t you use your talent to make extra money? You can offer people from all over the world the option to commission illustrations, caricatures, sculptures, video art, designed candles, custom-ordered songs or anything that your creative force is able to produce.
Other Cool Stuff
#naming a business
Picking a killer name for your business is harder than it might seem.
One of the things to think about when choosing a company name is how it will look in the subject line of an email, according to cloud-based analytics company DataHero. Then there’s how it will sound when it’s said aloud. A number of leading companies in recent history have chosen names with between five and 10 letters and at least one hard consonant: Google. Starbucks, Verizon.
Before naming your company. check out these tips from entrepreneurs who have been through the process, some of whom have even named the same company more than once.
1. Don’t rush the process.
There’s no set amount of time it should take for you to settle on a name for your company, but know that it could take six months of iterating before you make a final decision. An important thing to remember is to continue working on other aspects of the business as you get closer to picking a name, says Charlie Miner, founder of furniture and lighting e-commerce company WorkOf. “You don’t want the process of naming to prevent you from moving the business forward,” he says.
2. Think about your audience.
Venture capital database CB Insights was initially founded under the name Chubby Brain, something co-founder Anand Sanwal says represented his attempt to come up with a name that was cool, funky, and “startup-sounding.” Sanwal’s philosophy changed after he heard from the investment banks and other institutional clients that would be citing his startup’s data in their marketing materials. “Nobody wanted to put ‘Source: Chubby Brain’ at the bottom of a deck, because it’s not a real big credibility builder,” Sanwal says.
3. Make it easy to spell.
It’s okay to use unique spelling, a la Chick-fil-A, but don’t make your company’s name so unconventional that it’s hard to remember. “I’ve seen some startup names where I’ll think, was that four ‘E’s’ or three?” CB Insights’s Sanwal says.
4. Short is better than long.
Not every company can have a short, simple, one-syllable name like Box, Dell, or Lyft, but if you come up with a great long name and a great short name, you should probably go with the short one. Acquiring the rights to short web domain names, however, can be pricey, if not impossible, so make sure to check the availability of your desired URL first.
5. Factor in search engine optimization.
Making your company easy to find in search engines is an important consideration when picking a name. If you’re going to use a proper noun for your name, you should think about how that decision will impact SEO. Choosing a common term like “Bell,” for example, would make it hard to place your company on the first (or second) page of search results on Google.
6. Enlist a focus group (or groups).
Once you have a shortlist of names you like, it’s a good idea to see how other people respond to each one. “Survey as many people as you can,” says Bridie Loverro, co-founder of QuadJobs, an online marketplace connecting college and grad students to local employers. “The name to choose may not necessarily be the one people like best, but the one they remember most.”
7. Keep your options open.
Having to change your name after pivoting from one business model to another isn’t the end of the world, but if you can pivot and still retain the brand identity you’ve already built up, that’s ideal. Picking a name that doesn’t pigeonhole your company to one specific service will help. “The goal is to create something that is broad enough to intuitively answer who you are and that speaks to your core customer base, but also gives you room to grow into other areas,” says Logan Sugarman, co-founder of wellness concierge service Refresh Body.
8. Keep mobile in mind.
If customers can buy your products through a mobile app, you might want to factor in how your company name will look on a mobile app icon. A friendly sounding name like Shopify might also lend itself better to mobile users compared a three-letter acronym that doesn’t convey anything about your brand.
9. Don’t obsess over a descriptive name.
The name of your company doesn’t have to make it clear what your business is. While it helps to reference the spirit of your brand in some way (think: food delivery company Seamless), avoid a name that sounds specific to an entirely different industry. As Neil Patel, co-founder of web analytics company Crazy Egg writes, the name NomNom suggests food, and therefore doesn’t work if you’re starting a financial services software-as-a-service company.
10. Make the name visually distinctive.
After you pick your name, you should consider adding a custom feature that makes the brand more than just the word or words in the title. Some examples include unconventional capitalization, combining two words into one, or adding a unique design touch, like the curled “C” in the first letter of the bedding startup Casper. “It’s about developing a more fully fleshed out visual identity,” says WorkOf’s Miner.
#business management jobs
Top 10 Jobs for Business Management Degree Holders
You re thinking it s finally time to go back to school to get your business management degree. But there s a lot of talk about how over-saturated the market is with college grads. Chatter is one thing but statistics don t lie.
According to recent income stats. the salary gap between college graduates and non-graduates reached an all-time high in 2013. Bachelor s degree holders earned 98 percent more per hour than those without a degree. That equates to nearly twice the paycheck!*
Even with the favorable stats, going back to school can be daunting. You want to be sure you land a job you enjoy but you re still not entirely sure what you want to do. This uncertainty might cause you to second-guess your decision to return to the classroom.
The good news is that earning a business management degree isn t going to tie you down to one job for the rest of your life. There are a variety of career options open to you once you have the proper knowledge and training under your belt.
Top jobs you can pursue with a business management degree
Earning your business management degree will open numerous doors for you after graduation. Take a look at the chart below to see the top ten jobs for business management degree holders.**
Quick job breakdown
Now that you re familiar with the options available to you, take a moment to learn a little more about each position. If there s at least more than one position that piques your interest, then you know you don t necessarily have to commit to a career before earning your degree. You have the freedom to learn first and then make a more educated career choice.
1. Business analyst
Business analysts work to interpret a company s needs through use of analytical tools such as interviews, document analysis, surveys, site visits, business process descriptions and more.
2. Financial analyst
Financial analysts assess the performance of financial investments such as stocks and bonds in order to provide sound guidance to businesses and individuals.
3. Sales trainee
Sales trainees generally focus on building relationships with current and prospective customers. Whether their work is primarily on the phone, at trade shows or networking events, trainees will likely learn the ropes of their respective company under the supervision of senior staff.
Accountants prepare and examine financial records to ensure they are accurate, that taxes are paid correctly and in a timely manner and that the organization is running efficiently.
5. Account manager
In layman s terms, an account manager is a liaison between the company and its clients. They work to ensure the client is heard, taken care of and in complete understanding of the products or services.
6. Human resources manager
Human resources managers oversee recruiting, interviewing, hiring and the training of new staff. They serve as the connective tissue between the organization s management and staff.
7. Sales manager
Sales managers oversee and direct sales teams by setting goals, analyzing data and developing their respective team through training programs and group initiatives.
8. Marketing manager
Marketing managers plan programs and campaigns to generate interest in their product or service. They may oversee a team of marketing professionals and often times collaborate with graphic designers, sales agents and financial staff members.
9. Sales support
Sales support professionals typically undertake the administrative and office management side of the sales process. This includes fielding phone calls, setting appointments or managing a customer database, among other duties.
10. Sales representative
Sales representatives sell goods or services for their respective organization. They contact customers, explain product or service features and answer any questions current or prospective customers may have.
Now you re aware of the variety of jobs for individuals with a business management degree. You can rest easy knowing it will not lock you in to a single career path! You know the lucrative lifestyle of which you ve always dreamed is yours for the taking once you re equipped with that college degree.
What s better than unlocking the opportunity available to you as a college degree holder? Getting there faster and for less. If you already have an associate s degree, learn more about our Flex Choice degree options !
*Salary data represents national, averaged earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries and employment conditions in your area may vary.
**Source: Burning-Glass.com (analysis of job postings requiring a major in business administration and management, Jul 04, 2013 – Jul 03, 2014)
External links provided on Rasmussen.edu are for reference only. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced.
Megan is a freelance writer for Collegis education who writes student-focused articles on behalf of Rasmussen College. She hopes to engage and intrigue current and potential students.
Connect with Megan Ruesink
Your Story Idea Has Been Submitted
#online business ideas
10 Personality Traits You Need to Start a Business
Traits for Success
Credit: Starting a Business Image via Shutterstock You already know you need a great business idea, a solid business plan and some startup cash to start a business. But, you also need to have a personality that’s suited to being an entrepreneur. Experts tell us the personality traits every entrepreneur needs to succeed.
Lots of Energy
Credit: Happy Workers Image via Shutterstock As a brand marketing and public relations consultant, Lisa Murray has worked with a number of serial entrepreneurs and says one quality they all have in common is their ability to always be on the go.
“Born entrepreneurs don’t know how to power down,” Murray, principal of Murray Whalen Communications, told BusinessNewsDaily. “They emit a constant hum of ideas, plans, strategies and high-octane energy.”
Credit: Sales team image via Shutterstock One of the key signs of a born entrepreneur is the salesmanship and power of persuasion they show very early on for their causes, said business coach and consultant Nancy Eberhardt.
“Whether it is a landscaping business at age 12, or selling magazines door-to-door to fund a school trip, they are persistent in telling you about it and pitching why you need it,” Eberhardt said. “They are almost fearless in who they will approach and present their idea, service or product to.”
Credit: Creativity image via Shutterstock As someone who works almost exclusively with entrepreneurs, Robin Samora, president of the business and PR consulting firm Let’s Make You Shine. said entrepreneurs all tend to have a unique way of fixing issues that may arise.
“They come up with novel ways to solve problems that others can’t even imagine,” Samora said. “Ideas flow and come naturally to them.”
Credit: Think Positive image via Shutterstock. Even in the worst situations, successful entrepreneurs always see the opportunity to glean something new, said Lili Balfour, founder of the investment banking firm Atelier Advisors.
“When their world is falling apart, they remain calm, knowing that there is a lesson to be learned.” Balfour said. “They are grateful for what has worked out and learn from what has not worked out.”
Thrives in uncertainty
Credit: Curious image via Shutterstock Especially when first starting out, executive coach Elene Cafasso said entrepreneurs are able to function without a lot of certainty.
“If you are someone who becomes paralyzed when there are too many moving pieces and too many contingencies, then owning your own business is not right for you,” Cafasso said.
Credit: Dreamstime.com Tomas Chamorro-Premuzic, a research affiliate with Hogan Assessments. believes entrepreneurs have an opportunistic mindset and are always prepared to take advantage of every situation.
“They see opportunities where others don’t,” Chamorro-Premuzic said. “Few people are driven to pursue them.”
Learns from mistakes
Credit: Embarrassed man image via Shutterstock New York wedding expert Nadia Digilov said entrepreneurs all have a willingness to learn from their mistakes.
“Natural entrepreneurs analyze their behavior and are not afraid to admit that they have made a mistake,” Digilov said. “They attempt to correct negative behaviors more easily then non-natural entrepreneurs.”
Credit: Dreamstime The mind of an entrepreneur is always at work, said Richard Stiennon, chief research analyst and founder of analyst firm IT-Harvest.
“He or she cannot turn off the flow of ideas,” Stiennon said. “Every problem is an opportunity to build a business to solve it.”
Credit: Dreamstime Business consultant Paul O’Leary believes born entrepreneurs have a natural gift for gab.
“They are assertive, direct and to-the-point with a sense of urgency,” O’Leary said.
Credit: Dreamstime.com Hope Katz Gibbs, founder and president of Inkandescent Public Relations, said that as an entrepreneur herself, she believes those who are born with the characteristics needed to run their own business all are willing to get back up after being knocked down.
“Our ideas aren’t always successful, but the thing that differentiates us is that we don’t give up — or give in,” Katz Gibbs said. “We just learn from what didn’t work, and what did, and start again.” Ultimately, she said, entrepreneurs are the last ones standing.
Find Your Business Idea
Ready to figure out what business idea is best for you? Try our Business Idea Generator. Answer 21 yes or no questions and we ll tell you the top five business ideas that might work for you. Click here to get started. Don t worry, it will open in a new window and you won t lose your place in this countdown.
10 Most Profitable Small Businesses To Start in 2015 – Insider Monkey #free #business
#most successful small businesses
Dear Valued Visitor,
We have noticed that you are using an ad blocker software.
Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.
To view this article, you can disable your ad blocker and refresh this page or simply login .
We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.
Published on August 20, 2015 at 11:09 am by Atif Munawar in Lists
If you are a fresh business entrepreneur, here is a compilation of 10 most profitable small businesses to start in 2015. Not only will it give you a chance to establish yourself in the market but it will also help you make handsome money this year. These ideas for small business are not just money-making but also captivating at the same time. Through this article business amateurs will relish their work while enjoying their targeted economic benefits. Entrepreneurs must realize that even the most profitable business require dedication and hard work.
It is important for a businessman to realize that a successful business is the one that answers to most people s demands. It is instrumental to comprehend that not every business idea has to be complex. Sometimes it is the simplest concepts that intrigue a common man. This article will also help you mark the most common public requirements which can help you mold your business accordingly so that you can extract the most out of your small business setup.
Some of these ideas may be more profitable while others may give you a stable earning. There are business ideas that are potentially much more profitable than they seem to be. The following list of small business ideas will definitely help you to start a business that suits your style and earns you well.
How to Write a Business Profile
A business profile is like a résumé for your company. It lists basic company details and gives you a chance to highlight your strengths. Just like a résumé, you should write each business profile with a purpose in mind. Use it as an opportunity to briefly state why potential clients should work with you, but give thorough and precise details.
Part One of Two:
Getting Down Company Information Edit
Can you please put wikiHow on the whitelist for your ad blocker? wikiHow relies on ad money to give you our free how-to guides. Learn how .
Talk about your company’s ideas. If you have a mission statement, put it here. Otherwise, write out your company vision, guiding ethos, and a little about your history. Telling who you are and what drives you gives your company a human element. It also gives you a chance to do some subtle advertising early on.
- This is a place you can afford to be a little vague. Mission statements are legally necessary for some businesses, and may need to be specific. For everyone else, try to state what you do without limiting yourself. You don’t want to scare away potential business that thinks you wouldn’t consider expanding into adjacent industries. But it is easy to overdo vague language.
- A bad example: “XYZ Semantics is a company driven by the pursuit of its dreams. We want to bring you with us on this journey. Our dedication to solutions and innovation make us the leading marketing consultants west of the Mississippi.”
- A good example: “XYZ Semantics is seasoned and talented team of marketing consultants. Since 1975 we have helped our clients grow their business and profits. Though our methods are complex, our goal is simple: we want to help you sell your product to more customers.”
Find out more specific details. Check with your secretarial or human resource staff to find out up-to-date details in several areas. You may not need to use all these, but having them on hand will make it easier when you sit down to craft the profile. Set up a way to streamline this process in the future, as you will want to update this information in your profile regularly.
- Number of employees
- Turnover. Low turnover can indicate stability, but either way it’s a good statistic to have on-hand.
- List of all business activities. What are all the areas you work in?
- Unique equipment or specialties. If you are the only company that produces, say, a rare machine part, you need to mention that.
- Your methodology and/or what software you use.
- Volume of output you can handle. Prospective clients need to know if you are prepared to meet their needs.
- Delivery stats. How many units do you ship in a given period?
- Major accounts or clients. This is a way to show prospective clients whether or not you are used to doing business with companies like theirs. It’s also another chance for subtle advertising.
Sift through all this information. Since you want to keep the profile short, you can’t include every possible detail. Also, not all of them might be strengths. Pick out what might be relevant to include in your profile in various contexts. Keep the other information on hand for future reference, but put the important stuff in one place for easy access.