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5 Top Lucrative Business Ideas that will Trend in 2019

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Business Ideas & Opportunities

5 Top Lucrative Business Ideas that will Trend in 2019

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5 Top Lucrative Business Ideas that will Trend in 2019

The end of the year is marked by a flurry of activities for everyone different business terrains… should you feel the need of adding a new service to your business or simply switching over to a new one, here is our verified list of 5 lucrative business ideas that will trend in 2019:

The end of the year is marked by a flurry of activities for everyone different business terrains. From analyzing cash flow statements to double-checking your payrolls and even reconciling your account receivable, there is a long to-do list to complete. Well, should you feel the need of adding a new service to your business or simply switching over to a new one, here is our verified list of 5 lucrative business ideas that will trend in 2019:

#1

Social Media Management

More than just tools for staying connected with family and friends, social media networks have proven highly invaluable in strategic advertising and marketing campaigns. Being cost effective, they have become the first options of companies that are interested in engaging their customers.

Focused on production and other activities, most business owners do not have the luxury of time to manage different social media accounts.

This is where you come in…

Armed with a proper understanding of what their communication needs are, you can offer to manage their social media accounts (for a fee of course). This service includes setting up social media account, analyzing and developing market strategies, increasing their follower-ship, and staying updated on trends.

If you already enjoy using social media, you might really want to consider this because the start-up is relatively low. All you need is to have an internet-enabled device and internet service. Another perk of social media management is that you can get work done from the comfort of your home.

Still doubting how really lucrative social media management is, click here for a report on the earnings of social media managers.

#2

Gadget Repair Business

If 2018 isn’t without it fair share of tech upgrades and invention, 2019 will most definitely be marked by the release of new tech devices. Regardless how well-made they are, these devices are given to breaking down and when they do, your expert knowledge will come in handy.

Whether you choose to focus on repairing internal issues, increasing computing speed or just removing virus, the gadget repair business will definitely be lucrative in 2019.

What do you need to get started?

Even though you have no intention of taking business loans, we strongly advice that you start with a well-researched business plan. Other than helping you figure out your start-up cost, creating one will help you create a fool-proof marketing plan. You will also be needing a business license and of course, an office space where you will carry out the repair.

You can find details on how to write a gadget repair business plan here

#3

SEO Management

With more businesses going online, the competition to secure the interest of target customers is bound to get fiercer. Understanding this, many businesses are now paying more attention to how Search Engine Optimization (SEO) can help them maintain visibility.

As a SEO manager, your job goes beyond crafting meta descriptions and editing permalinks. It also includes in-depth keyword research, content creation, link building, regular SEO maintenance, and social integration.

Need more pointers on how to get started, here is an article to set you on the right path to owning a successful SEO management agency.

#4

Virtual assistant business

With more businesses saving cost by outsourcing non-recurring tasks or duties for which they can’t hire full time employees, you should really consider the virtual assistant business if you love being a remote worker.

Though basic things like internet connection, a computer, a phone, and an excellent marketing strategy, owning a virtual assistant business can be very demanding at early stage. However, its perks are worth the effort, especially since it also allows you to offer your services globally.

Should you decide to become a virtual assistant, the first thing to decide on is what business niche you want to focus on. Next, you need to make a list of industries/businesses that most likely need your services, craft a business plan, and get a work space.

#5

Cleaning Services

Though most people love the squeaky, clean feeling and places, don’t even have the luxury of time to clean really good. Well, if you have a knack for keeping places neat, you can make a good profit from it by offering cleaning or janitorial services.

Whether you decide to target your services at clients in residential areas, commercial premises, or even medical facilities, the startup cost remains relatively low as cleaning equipment are easily accessible and affordable.

Feel we left out an all-important business idea? Care to share your thoughts on our list of lucrative business ideas for 2019?

Kindly do so @bossmannigeria on Facebook, Instagram, or Twitter. We’d be glad to hear from you.

Stay profitable always!

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