10 Most Profitable Business Ideas and Opportunities for 2021
If you’re interested in starting your own business in 2021, you probably feel lost among dozens or hundreds of business ideas. To summarize the work and according to many of our experts, we briefly and clearly conveyed 10 business ideas that we expect to have serious potential in 2021. It is worth mentioning that the potential growth of 10 business ideas in the guide is expected from next year.
Before going on the list, it is worth mentioning that there are 2 different ways a business can make a high profit from the business idea. The first is to work with very high capitals with low profit margins, the second is to work with a limited team, often with a labor-oriented business idea, with high profit margins.
For example , let’s say you are starting a business with the goal of generating a turnover of $ 1 million, when you get that turnover, your profit margin will likely be around $ 100k. However, a small music teacher can earn an annual turnover of 100 thousand lira by giving children music lessons for additional lessons throughout the year, and approximately 80, 90 thousand dollars of this amount is profit.
Let’s move on to the 10 most profitable business ideas in 2021.
- 1. IT SUPPORT
- 2. APPLICATION DEVELOPMENT
- 3. CLOTHING AND ACCESSORY RENTAL
- 4. MARKETING WRITING
- 5. COMPLEMENTARY EDUCATION
- 6. BUSINESS AND MARKETING TRAINING
- 7. SOCIAL MEDIA MANAGEMENT
- 8. MANUFACTURING OF HEALTHCARE PRODUCTS
- 9.GAME ENGINE MAKING
- 10. CYBER SECURITY
1. IT SUPPORT
Technology is an indispensable element of every person from 7 to 77. Even in the smallest transaction, we now have to live a life in touch with technology. While this is the case, it is very likely to encounter constant problems with technological devices. In this way, you can start making money by supporting people and businesses in technology.
IT Support Enterprises , which generally work with high profit margins, provide solutions for hardware and software problems of all kinds of technological products.
It is clear that you need serious experience to start the business. Of course, for a large business, you will need to employ a lot of staff. It may be more logical to focus on a specific area such as a mobile phone in the first place.
2. APPLICATION DEVELOPMENT
Application development services, one of the fastest growing business ideas in the past 10 years, have a serious growth potential in 2021. If you think about what business I can do profitably in 2021 , you can improve your application development and increase your potential for an important business idea.
People consume technology and therefore applications very quickly. For this reason, the industry always provides opportunities for new players. If you do n’t know where to start, the Not Yet Implemented Ideas guide can provide you with valuable help.
3. CLOTHING AND ACCESSORY RENTAL
Humanity lives very fast and therefore consumes very fast. After using not only food products but also clothing and accessories products, we get bored and look for something different. Another profitable business idea that can be done in 2021 is to rent clothing and accessories.
many years in Turkey only allowed bridal rental service, it began providing rental services for all kinds of apparel product you can think of in recent times. While the industry is growing rapidly, don’t be late to bring a business idea to life.
4. MARKETING WRITING
Marketing needs important texts from every angle. Sometimes many creative minds have to come together for just one slogan. Marketing writers are the people who have the strong point behind every ad you see. Many marketing writers work for very serious salaries or serve independently as a business owner.
If you are confident about marketing and you immediately have a lot of creative detergent ad ideas, this business idea might suit you.
Let us remind you that in order to take a place in the sector, you need to do reference-oriented studies for many companies.
5. COMPLEMENTARY EDUCATION
With the Covid-19 pandemic, most of the students had problems in continuing their education. In many countries, including our country, parents have turned to private tutoring services for complementary education. If you are planning to implement a business idea in the field of education, 2021 stands out as one of the most accurate years.
You can teach students of any subject online or at home by yourself, or open a course center or a private school directly if you have capital. In every respect, the potential in the education sector is expected to increase in the coming years.
6. BUSINESS AND MARKETING TRAINING
Although it is a sector that is directly similar to complementary education, it is an area that has not yet been discovered in our country.
You can make money by turning this into a training program, especially if you are skilled in marketing. Recently, there has been a significant increase in interest in online training on both business and marketing.
By creating a course on online course platforms, you have a chance to make money with very low capital.
7. SOCIAL MEDIA MANAGEMENT
Since many businesses want to market their business online by increasing the number of followers on social media, they usually do not hesitate to seek professional help in this regard.
Creating content for social media can be very time consuming and not many companies have the skills or knowledge on how to do it. They also don’t have the manpower, so they want to post their content on social media or hire someone who is organized, knowledgeable and reliable about social media to help them create that content.
By establishing a social media agency, you can achieve a significant volume of business after getting a certain amount of reference.
8. MANUFACTURING OF HEALTHCARE PRODUCTS
With the Covid-19 pandemic, health products are at the top of the institutions that are heavily supported by states. It is possible to get intensive support in every field from the pharmaceutical industry to small surgical equipment. Moreover, as the sector is under a very serious burst of interest, you have the chance to find a partner to increase your capital in a very short time . With a good business plan, you can find an investor or partner in a short time and put your business into practice.
Before starting work, it is recommended that you get information about grant and interest-free loan options.
9.GAME ENGINE MAKING
Nowadays, there is a serious trend towards computer games again. However, there is no investment in game engines that provide the infrastructure for these games in our country yet. It stands out as a business idea that provides high profit opportunities for those who say what to do in 2021.
10. CYBER SECURITY
Most of the companies that provide cyber security support to businesses at individual and corporate level in our country are foreign companies. You can get a chance to progress quickly in the industry by establishing a local cyber security company.
You can strengthen your hand to obtain important references in a short time, especially with on-site information activities for small companies.
