1-Box subscription services
Box subscription services are popping up everywhere in the food, beauty and even pet product sectors, ready to deliver goods right to your door each month. One of the perks that keeps customers coming back for more is the idea that these subscription boxes are carefully curated just for them based on their likes and interests, and each month, the boxes’ contents are a surprise.
Find a unique product category that’s still untapped by the box subscription industry, or find a way to put a new spin on an existing service, and you could have a lucrative business on your hands. Keep it as inexpensive as possible — according to LearnVest, offering cheaper products will help you stand out from the competition.
Health clubs for millennials
Employees are increasinglymobile. In fact, according to a forecast from the International Data Corp., the U.S. mobile-worker population is expected to grow to 105.4 million workers worldwide by 2020. So how are employers supposed to keep track of what their workers are doing? Aspiring entrepreneurs can find many ways to solve this problem.
There are plenty of vehicle-tracking time clocks and time-clock apps, but employers often don’t have the staff or the time to manage all this new data and distill it into what is needed for payroll and billing. A company that could provide employee-monitoring services, as well as some additional outsourced human resources functions, would be in great demand right now.
As people live longer, there’s an increasing need for senior services of all sorts, and not all of these needs are related to health care. One service that has nothing but growth potential is a mobile salon that travels to customers’ residences to do their hair or nails.
As aging baby boomers move into the senior-citizen category, there will be a growing need for these mobile services that help keep them looking good without requiring them to make a trip to the salon.
Healthy vending machines
More and more health-conscious and time-strapped Americans are looking for quick food on the go that is healthier than the soda and chips you usually find in vending machines. This has spawned a whole new industry of wellness-oriented, specialized vending companies like Fresh Healthy Vending that offer franchisees the chance to own and service vending machines with better foods and beverages.
Interested entrepreneurs can either open a franchise from an existing vending machine business or sell vending-machine friendly products to help stock up schools and offices with healthier, affordable snacks.
Contracting is a great optionfor skilled workers who are ready to take the leap from being an employee to owning their own company. With the economy improving and more people looking to purchase or improve their homes, there’s more of a need for skilled labor, making this the perfect time to start offering contracting services. If you can cater to first-time homeowners, even better — according to CNN, 2015 is the year first-time home buyers are making a comeback as millennials start looking to buy their own homes.
It’s probably best to start small and test the waters, but once you’ve proven your success, your business can continue to grow.