Business Ideas With Potential

Business Ideas With Potential
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If you've been dreaming about starting a small business, there's no time like the present to get the ball rolling.

The first step, of course, is coming up with the perfect business idea for you. Here are a few high-potential business ideas to inspire you.

On-demand transportation

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Cars are expensive. Car insurance is expensive. Gas is expensive. The result is that more people are looking for less-expensive ways to get where they need to go. Even in places with mass transit systems, the market for on-demand transportation services like Uber and Lyft only continues to grow. If you can afford to buy or lease a roomy car and provide reliable service, you may be in business.

Local farming

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Credit: Farmer image via Shutterstock
People are increasingly conscious about eating healthy and eating local. For many, however, locally grown produce, meat, milk and eggs are hard to find. Urban and suburban backyard farming has already staged a comeback. Now, it's time for the small time commercial farmer.

Farming is never going to be easy. But a combination of sophisticated marketing skills and modern farming techniques could position you – even if you only lease the land – to ride the local, organic wave.

Energy Efficiency Consultant

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Cold winters, hot summer and high fuel and electricity costs all combine to create an opportunity for anyone with the experience and know how to help create more energy efficient homes and businesses. From providing advice on how to do it to actually performing that labor there are all sorts of opportunities for businesses that can help consumers save money by becoming more energy efficient.

Tree care

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If you've tried to call a tree service lately, you probably already know there's a big gap between supply and demand. Increasingly severe weather in all parts of the country is causing tree damage that only professionals can repair. It's not a business for the timid, but if you can find some experienced employees, you'll probably have all the work you can handle. 

Find your business idea

Find your business idea
Ready to figure out what business idea is best for you? Try our Business Idea Generator. Answer 21 "yes" or  "no" questions  and we'll tell you the top five business ideas that might work for you. Click here to get started. Don't worry, it will open in a new window and you won't lose your place in this countdown.

Residential environmental-assessment service

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People are increasingly aware of and concerned about indoor pollution. Fumes from paint, carpets, kitchen cabinets and furniture are of concern. Radon, electro-magnetic fields, lead toys and wireless and cell phone radiation are all concerns, too. The problem is, it's very hard for your average homeowner to figure out how to test for each of these concerns. Local health, children's, baby and environmental fairs would provide ample marketing opportunities for a business that offered a reasonably priced home-health assessment.

Social media services

Social media services
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By now, small business owners know that they need social media to promote their businesses. However, few have time to figure out exactly what to do and how to do it. A social media who could offer an a la carte menu of reasonably priced services to local mom-and-pop businesses that have yet to embrace Facebook, Twitter and LinkedIn would be the toast of their virtual town. 

Education consultant

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College isn't as simple as it used to be. Now, parents and prospective students must wade through a long list of academic choices including four-year colleges, two-year colleges, online courses, for-profit colleges and trade schools. It's hard to know which education choice is best and what you can afford. As education offerings keep expanding and changing, busy parents need some help figuring out how to navigate the higher-education waters. A consultant with a background in education who can simplify the process will be at the head of the class.

Kids consignment shop

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Everyone's looking for a way to save money, and what better way than to buy your kids' clothes for less and sell their old clothes back? Kids consignment shops can include baby equipment, clothes, furniture and books. Best of all, the inventory is cheap and, in most cases, you don't have to pay for it until the items have sold. For the cost of the monthly rent and a marketing plan, you could be in business in no time.

Additional reporting by Jeanette Mulvey.