Top 10 Small Business Opportunities For South African Youth
If you’re like most people who dream about starting their own business, finally taking that leap is likely one of your biggest achievements. For many would-be entrepreneurs, however, not knowing what kind of business to start is holding them back. Don’t stress, we are here to help you get started.
So, here are plenty of great small business ideas to get you started.
1. Computer repair and networking
If you have a knack for computer repair and networking, you already know the industry is in huge demand. Chances are your friends and family members rely on you to keep their computers running; now, you can charge customers to do the same
2. Tutor
As American culture continues to reward academic performance, tutors are in high demand to help students of all levels, from early childhood to adult, earn better grades.
3. Freelance writing
In order to cut cost, many individuals and businesses in developed countries like the US and the UK now hire freelance writers from other countries. But South Africa tops the list of their preferred countries because the country is widely regarded as a native English-speaking country.
4. Online marketing
Many South African businesses are trying to establish and improve their online visibility as a way of attracting customers through the internet. In fact, businesses are setting aside a sizeable fraction of their marketing budget for online marketing alone.
5. Business plan service
Offer a soup-to-nuts business plan, including market research, the business plan narrative and the financial statements. Plan your fee around the main one that the client will want and offer the others as add-on services.
6. Cleaning service
There are many directions you can take this business. If you want to work during hours when no one else does, you can focus on office clients. You can focus on retail businesses and keep your customers clumped into one or two blocks.
7. Consultant
To be a consultant, you need to have an expertise in something so you can market yourself as an advisor to others looking to work in that area.
8. Event planning
One of the first things you need to do is visit every potential event location with which you plan to work. Work with the marketing manager to tour each site and learn what is available at each location.
9. Financial planner
To start, you should go through the certification process so that you can label yourself a CFP (Certified Financial Planner). Your certificate shows that you have expertise and credibility, and this differentiation will help people choose you as their financial planner.
10. Social media consultant
There’s no doubt that social media presents an unprecedented marketing opportunity for businesses, but only if they know how to use it. If you can help existing businesses integrate social media into their other marketing campaigns, you should have no trouble making a go of it.