The Best Small Businesses Opportunities for 2019
The Best Small Businesses Opportunities for 2019. Welcome to our list of the best small businesses opportunities for 2019, chosen from across a variety of industries. To make my list, these businesses must:
- Have the potential to be profitable now and for many years in the future
- Be able to do well even in uncertain economic times
- Not require a Ph.D. or decades of experience. Some require trade school training, a university degree or a prior apprenticeship, while others need only some prior experience and a passion for the industry
- Not require large amounts of startup capital, but only what every startup business requires: dedication, hard work, perseverance and a desire to succeed
Most of these opportunities can be operated as home-based businesses.
If your goal in life is to become very wealthy, chances are you won’t get there as a small business owner. You’ll have a chance to generate a healthy income, be your own boss and make all the decisions. You could potentially have a more flexible lifestyle. Building something from the ground up can make starting a business very rewarding in itself.
Here are our picks for the best small business ideas based on current trends in business and demographics, in no particular order.
- 01 Fulfillment by Amazon (FBA) Sales
The Fulfillment by Amazon (FBA) program allows sellers of products to market their wares through Amazon – the largest online retail platform in the world.
This is a great business opportunity because Amazon takes most of the headaches out of running an online retail business – in exchange for fulfillment and monthly storage fees, Amazon handles storage, packing, shipping, returns, and customer service queries as well as listing on Amazon’s websites.
Sellers are responsible for shipping their products to an Amazon fulfillment center and for creating their product listings on their Amazon store. Once listings are live and sales are made, the seller begins receiving their portion of the proceeds on a weekly basis.
FBA sellers source products for their Amazon stores in a variety of ways, such as:
- From original product ideas which the seller gets manufactured to specifications
- From local or national wholesalers
- From overseas bulk discount suppliers such as Alibaba
- By arbitrage – purchasing discounted items online or from retail stores and reselling them for a profit
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Source: https://www.thebalancesmb.com/best-small-businesses-opportunities-4111809