Great business ideas for 2018

Great business ideas for 2018
Credit: Rawpixel/Shutterstock
You know what they say: New year, new you. If the 2018 new you is interested in becoming an entrepreneur and pursuing your business dreams, but you're not sure where to start, don't worry – that's what we're here for. To help you get your business up and running this year, here are some ideas based on recent trends to inspire you and help you find success in the new year.

Professional organizing

Black and white home office, home office decor, home office decor
Minimalism is all the rage these days, but downsizing and organizing can be a huge task for people to take on, especially with busy work schedules and social lives. It's more than simply cleaning up, as getting organized requires developing a system people can stick to and that works for them, and downsizing can be a challenge for people who are attached to their things.

If you're a particularly organized person and think you'd be good at coaching people through getting rid of unnecessary items, you could turn this skill into a lucrative business this year. It definitely requires patience and understanding, so being a people person is important. Ask if clients will let you take before and after photos of the areas of their homes you've organized, and use those to create a portfolio to attract more clients and market your business on social media.

Freelance copywriter

Freelance copywriter
Credit: A. and I. Kruk/Shutterstock
Do you consider yourself a wordsmith? Setting yourself up as a freelance copywriter could prove to be a lucrative side hustle ... or maybe even a full-time job. Companies will pay big time for someone who can write clean copy, whether it's for advertisements, websites or blogs. Some will even pay you for your editing services. However, consider how much work it takes to make freelancing work your full-time gig.

Home healthcare services

Home healthcare services
Credit: Robert Kneschke/Shutterstock
Many businesses these days are focusing on marketing to millennials, but it might be worth it to start a business that caters to seniors instead. People are living longer than ever, and that opens up a whole new audience of customers. According to the National Institute on Aging, between 2010 and 2050, the 85-and-over population is projected to increase 351 percent globally – 188 percent for the 65-and-over population – and the global number of centenarians (those over age 100) is projected to increase tenfold. That's a lot of people who could use specialty services for their needs.

There are plenty of ways to help seniors and grow a successful business at the same time. Everything from salon to errand services can be a success, as long as you can bring your skills to their homes or assist older people who can no longer walk or drive to get to you. Also, consider a business to help seniors transition from their homes to assisted living facilities, with services such as packing, transporting, setting up or storing their furniture and possessions.

Wheelchair repair service

handicapped, wheel chair
Credit: Wheelchair image via Shutterstock
With the general population living longer than ever, healthcare needs are growing exponentially. Currently, statistics show more than 2.8 million Americans use a wheelchair for mobility, allowing greater independence in daily functioning, home life and vocational settings. All this wheelchair usage means there's a lot of need for repair and maintenance of wheelchairs, along with other medical devices.

In a study led by Michael Boninger, of the VA Pittsburgh Healthcare System, about 53 percent of wheelchair users reported one or more breakdowns requiring repair between 2006 and 2011. There is a need for those who can fix both manual and electric wheelchairs quickly to get them back to those who depend on them.

Wheelchairs, especially electric wheelchairs, can be complicated to repair. Considering they're also expensive and necessary equipment for the people who use them, if you have the skills to repair them or are willing to hone them, you're likely to find your services highly in demand.

Translation services

business travel apps
Following a decline during the recession, translation services are poised for renewed growth. According to research from IBISWorld, the internet has been instrumental in increasing demand for translators, because businesses moving into new countries use services to adapt websites and marketing materials to the new region.

The study shows that as companies once again focus on international growth over the next few years, they will turn to the translation industry to provide localization services. A growing population of immigrants is expected to contribute to further growth.

"The industry has grown as companies look to cash in on an increasingly global marketplace," said IBISWorld industry analyst Andrew Krabeepetcharat.

This need has created an opening for bilingual speakers with the ability to interpret speech from one language to another. Specific services they can provide include document translation and the translation of website information into languages for use in other countries, taking into account unique cultural and linguistic traits.

Health clubs for millennials

Health clubs for millennials
Credit: Syda Productions/Shutterstock
Health and fitness services are being rebranded to become trendier and more sociable. Opening a health club or gym targeted specifically to millennials could be a great way to capitalize on the fitness trend, especially if you focus on creating a strong, fun and engaging social media presence to really connect with young members and potential customers.

Real-Life Success Story: ROAM Fitness

Microbreweries

Total brewery count hits 125-year high
Credit: Craft beer image via Shutterstock
Craft beer is popular today, as are local, independently-owned businesses. If you're passionate about beer, consider starting a microbrewery that offers unique flavors and quality products. You can experiment with different brewing techniques and conduct taste tests. You'll also save startup money by opting for a smaller business rather than a large brewery or chain. Choose a lively location and plan your venture.

Real-Life Success Story: Finback Brewery

Kid-friendly apps

Kid-friendly apps
Credit: Gladskikh Tatiana/Shutterstock
Kids are your future customers, so gaining their loyalty now isn't a bad idea. According to Common Sense Media, three-quarters of kids have access to a mobile device. This spells a big business opportunity for anyone who can create products or design apps just for kids. And, if they also happen to be educational or promote good health, you'll win their parents over, too.

Real-Life Success Story: Tozzle

Mobile consulting

Mobile consulting
Credit: LDprod/Shutterstock
Mobile tech is now a must-have for almost any business, but finding ways to go mobile is a challenge for many business owners. If you can provide affordable mobile solutions to businesses that need them, you'll find mobile consulting a rich business opportunity.

Real-Life Success Story: Kony

Healthy vending machines

fresh vending ideas
Credit: Vending machine image via Shutterstock
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 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.

Real-Life Success Story: HUMAN Healthy Vending Machines

Runway coach

Runway coach
Credit: joyfull/Shutterstock
If you have experience modeling, use it to help others in the industry. You can travel to various locations and hold individual or group sessions. Offer tips on runway walking, fitness and nutrition to aspiring models. Today, this insight comes at a high price – so don't waste it.

Real-Life Success Story: Mandy Dyonne

Cleaning service

Cleaning service
Credit: House cleaning image via Shutterstock
Are you one of those people who love to clean? If so, you may be sitting on a gold mine. Self-employed cleaning professionals can make $30 to $40 per hour. Check out our guide to starting a cleaning business to get you started.

Real-Life Success Story: Page's Personal Cleaning

Translator

Translator
Credit: Prixel Creative/Shutterstock
As America becomes increasingly multilingual, everyone from doctors to insurance companies find themselves in need of foreign language speakers to interact with customers and translate their website copy and promotional materials. If you can speak a foreign language, are organized, and can come up with a good marketing plan, you may find you have more work than you can handle.

Real-Life Success Story: Ruksana Writes

Senior care provider

senior-care-11110702
Many older folks would like to keep living on their own but need assistance with daily chores and errands. With just a little outside help and a daily visit from a friendly caregiver, many can maintain their independence. Families are also happy to find a responsible, reliable person they can trust.

Real-Life Success Story: Adult Placement Network

Editor's note: Considering opening a franchise? If you're looking for information to help you choose the right one, use the questionnaire below to have our sister site provide you with information from a variety of vendors for free: