What are good business ideas for 2020?

Discussion in 'Starting a Business' started by Realhero123, Jan 5, 2020.

  1. Realhero123

    Realhero123
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    Business Ideas:
    What if there was an application for pet hotels? An expedia for pets. People spend crazy amounts of money on their pets.
    What if people driving cars could communicate with each other? What if they could talk as if the other person was sitting right next to them? It would be a convenient way of letting other drivers know there is a cop 2 miles down the road.
    What if an application (that everyone trusted) could estimate the damages of property on the spot? No more calling out an estimator to look at the damage. A smart phone with access to millions of records could do a decent job at estimating home/car/asset damages and repair costs.
    What if there was an application that determined the trust of an individual more accurately? There would be no more required down payments or businesses having to make up space for people that don't show for a reservation, etc. What if all reservations were booked through a single portal with reviews of each person?
    What if there was a way for businesses to create virtual rooms that made employees feel like they are not in an office? An employee could enter a virtual conference room to program code, and it could feel like the individual is on a wonderful beach in the Cayman Islands.
     
    #1 Realhero123, Jan 5, 2020
    Last edited: Jan 7, 2020
  2. VITS USA

    VITS USA
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    All business ideas are good, and you can start any business but which business will be better for you it depends on your interest.
     
  3. linneasandel

    linneasandel
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    All the business ideas are good but start a business according to your interest where you can find more ways to get success.
     
    • Like Like x 1
  4. BrandAptly.com

    BrandAptly.com
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    Timing and effective execution is crucial. Some business ideas have failed not for their lack of merit, but because the world wasn't ready for it.
     
  5. maksm9696

    maksm9696
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    Hey
    Before incorporating a company, or even choosing a jurisdiction, you need to plan a corporate structure for your business, and, based on this, decide the purpose of the company you wish to incorporate. Understanding the business structure of your company is essential, as it will determine the jurisdiction and the type of company you choose in order to best meet your needs.
    Thanks
     
  6. digvijaybook

    digvijaybook
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    With a young population that is rising to leadership and technology driving growth and innovation, there are several business opportunities in multiple sectors that we are going to explore today. There is bound to be successful business ideas are as follows:

    1. Social Impact Investment Funds

    2. Cheap Home Solar Energy Setup Company

    3. Community Generator/ Energy Supply Control

    4. Internet infrastructure Building Company

    5. India Culture E-Commerce Niche Store

    6. Warehouse/ Inventory Management for E-Commerce

    8. Mobile wallet payment solution
     
  7. topipsgroup India

    topipsgroup India
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    There are many business ideas available in the market. You need to decide what you like most and based on the research you choose the business module. The business which requires less investment would be the first criteria for anyone. Food/ Snacks stall would be an ideal option.
     
  8. Amit Aggarwal

    Amit Aggarwal
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    Success is a state of mind. Invest in yourself first and you will start to see ideas everywhere. Learn to open your eyes first. You cannot become successful while seeing the world through someone else's eyes (i.e. their idea).
     
  9. AdrianG001

    AdrianG001
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    Business is growing in India in multiple areas. So, it is very necessary to understand about sectors in which business is exploring like anything.

    1. Digital Marketing Business: Now–a- days marketing is digital. Every brand or organization wants to make its online phase stronger and also want to be in the top of search engines so that people can reach out to them easily.

    To do digital marketing, Digital marketers or digital agency is required with good digital marketing skills. It is a low cost and very popular business.

    2. Food Business: Food-related business is spreading it’s network very rapidly and it is very popular nowadays.

    Food-related businesses include cafes, restaurants, food trucks, bakeries, etc. Today people demand a place where they can enjoy mouth-watering food and can sit properly. To open a food business is a great business opportunity.

    3. Delivery solution company for rural areas: Delivery services are still not available in rural areas. It is because roads are not proper there and distance from the delivery hub is far. So it will be a great idea to open a warehouse outside city limits from where you can deliver the product to rural areas.

    4. Dropshipping business: To start a drop shipping business is a very good business opportunity. In this, a customer placed an order from your website and you forward that request to the supplier and then supplier forward item to the customer directly. The major profit is we have no need to manage inventory in this and need to forward the request to a supplier to fulfill the order.

    5. Real estate sector: People are migrating from rural areas to urban areas so the real estate sector is a god business sector in India.

    6. Event management: To open an event Management Company is a good business opportunity. By organizing marriages, political event, exhibition, etc. one can earn good profit.

    7. Internet of things: It is a large network of computer devices with unique identifiers that can be able to transfer data without requiring human to human or human to PC interaction.
     
  10. japseo1234

    japseo1234
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    We like supporting smart Restaurants business. Food delivery, dine-in and takeaway are best option for people and also for smart restaurant and restaurant owners can save their time and money.
     
  11. Priyanka dwivedi

    Priyanka dwivedi
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    Choose a business idea that you are knowledgeable about and passionate about. And before starting a business, if there is a demand for what you want to provide.

    1. Consultant
    If you are knowledgeable and passionate about a specific topic (business, social media, marketing, human resources, leadership, communication, etc.), starting a consultant business can be an attractive option.

    2. Translation service
    According to research from IBISWorld, the translation services industry saw a decline in 2020, as did many industries; however, it is projected to rebound nicely in 2021. That projected growth isn't surprising, as the internet has opened up entrepreneurs in other countries to English-speaking markets and vice versa.

    3. Food truck
    Food trucks might sound like a wild idea, but the industry is growing. The overhead and upkeep for a truck costs significantly less than owning a restaurant, and you have the added benefit of mobility.


    Hope this answer will help you

     
  12. MassimoD

    MassimoD
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    Good business ideas:

    - create a free facebook group and promote affiliate products (affiliate programs) - COST ZERO

    - open an autopilot dropshipping Estore and send traffic to it
     
  13. adi20

    adi20
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    Doing business depends upon your own interest, business can be done in many ways. Many people start business and given in couple of months as they don't see any growth.
     

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