There’s only three and a half months left of 2010, which, believe it or not, allows entrepreneurs enough time to establish their own startup company before the first of the New Year. There are tons of innovative small business ideas out there, but which ones have been the most successful in 2010? Here is a list of the top 10 small business ideas for startup companies in 2010, according to noobpreneur.com. It’s not too late for any entrepreneur to use one of these business ideas before 2010 ends!
1. Online Business
Online business is #1 on the top 10 small business ideas for many reasons. The main reason, however, is the fact that Internet business and online business opportunities allow for low competition but high demand, which is every entrepreneur’s dream.
2. Green Consultancy
2010’s biggest fad was “going green”—and green small businesses are no exception. As more and more small businesses are going green, it is wise to develop a startup company that helps other businesses to go green. Examples of this may be implementing green practices, reducing inefficiency in high energy consumption, and the like. A very successful green consulting company in Kansas City, Small Planet Partners, is an environmentally-sound profitable business located in our own backyard.
As businesses continue to cut costs, outsourcing service providers have become a sought-after business. Small business operations and startup errands have become high-priority and in the long run, become astonishingly profitable.
4. Everything Organic
Whether it’s organic food, organic clothing, or even organic grocery bags, the word “organic” is all the rage, which can result in a profitable and successful small business idea. Organic products are in high demand and offering an organic version of your own niche can provide a startup with small business success.
|Parisi Artisan Coffee is dedicated to making organic coffee and sustaining the environment--that's combining two great business ideas into one!|
5. Internet-Related Services
Starting up a web hosting company is not only a brilliant 2010 business idea, but it also is cheap. An Internet startup usually costs no more than $500, yet it can make you $2,000 or more per month. Some more niche-oriented business ideas for the Internet include web design business, SEO/link building services, and social media marketing businesses. Kansas City’s new small business, Something Creative Inc., provides focused online marketing resources for other small businesses who need help with Internet-related services.
6. Green Construction
Much like the organic fad and the increased demand for green consultancy, green construction is another profitable 2010 business idea. Green homes and buildings are in high demand and have started to gain momentum in construction business trends.
7. DIY Green Energy
Along the same lines as green construction is the small business idea of DIY (Do It Yourself) green energy. By providing a startup business that advocates the importance of green energy, for example, through wind or solar energy, you are giving customers a high-demand product and saving the planet. Not only is DIY green energy a profitable business idea, but it is also a sustainable one.
8. White Label Fundraising
White label fundraising is when a small business partners with non-profit organizations and charities to provide a chance for someone to raise funds or his or her favorite charities or non-profits without the hassle of resource management and reporting. An online Kansas City white label fundraising business is DealBug, in which deals and discounts are offered to customers and when they pay for the deal, a portion goes to the charity of their choice.
9. Freemium-Based Business
Freemium is a business model (mainly for online businesses) that allows free but limited access to a product or service in which a premium is charged if you want a full-featured access (like Twitter and Flickr).
10. Personalized Products and Services
Personalized products are all about specifications—they feel special and everyone likes them. There is a growing interested in everything personalized. Startup businesses with design-your-own, make-your-own or choose-your-own products and services are a profitable business opportunity. The many self-serve frozen yogurt shops, such as Orange Leaf, that have been popping up all over Kansas City are a great example of personalized products and services. Orange Leaf promises to promote community and family by providing great tasting, sensible frozen desert made just for you, by you.
Believe it or not, it’s never too late to start up your own new business. Use one of these smart 2010 business ideas and you will may have a new company up and running by January 1st!
Allison Way is a writer and videographer for Think Big Partners and bizperc, two of Kansas City's newest entrepreneurial resources. To read more of Allison's work, visit the Kansas City Entrepreneurship Examiner.