Since the turn of the century, women have evolved greatly and grown professionally, and also have dominated majorly every genre of verticals.
Whether it’s political, technology-innovation industry, or small startups, they have incredibly proved genuine and inviolable.
Indeed, they are representing themselves efficiently in the professional world.
To say a word…
The genesis of every single innovation starts with a semen of dream. It gets successful when actionable efforts have been put in.
In case you have dreamed of starting a business as a woman, you could probably struggle to collect positive business ideas.
In this blog, we’ve pinned some of the five best small business ideas for women.
The best part of these entrepreneur business ideas for women is that it required very little investment.
Current Women’s Entrepreneurship Around The World
Women's entrepreneurship is growing around the world, but there is still a significant gender gap in entrepreneurship.
According to the Global Entrepreneurship Monitor (GEM) 2021/22 Women's Report, women hold a favourable percentage of entrepreneurs worldwide, and the gender gap in entrepreneurship rates varies widely across regions.
Here are some key findings from the report:
- Entrepreneurship rates: Women's entrepreneurship rates are highest in Sub-Saharan Africa (23.9%) and Latin America and the Caribbean (17.1%). However, in other regions such as Europe and Central Asia, women's entrepreneurship rates are below 10%.
- Motivation: Women are motivated to start businesses for different reasons than men. The most common motivation for women entrepreneurs is to pursue an opportunity (48.8%), while men are more likely to start a business out of necessity (41.3%).
- Industry sectors: Women are more likely to start businesses in the consumer services and retail sectors, while men are more likely to start businesses in the technology and finance sectors.
Overall, women entrepreneurship is growing, is on the rise, and will continue.
5 Simple & Easy Small Business Ideas For Women
1. Online Store
You can start an online store selling products you make or curate. You can use platforms like Etsy or Shopify to set up your store and sell your products worldwide.
- Choose a niche
- Select eCommerce platform
- Choose domain name, template and design
- Publish and market your store
- Keep reinventing something new!
2. Freelance Writing
If you have strong writing skills, you can offer freelance writing services to businesses or individuals. You can write website content, blogs, newsletters, and social media posts.
- Design your personal portfolio
- Register to some top freelance marketplaces
- Complete your profile and make it attractive
3. Personal Training or Wellness Coaching
If you are passionate about fitness and wellness, you can become a personal trainer or wellness coach. You can offer one-on-one training sessions or group classes in person or online.
- Find your niche
- Determine your time availability
- Make sure you’re legally compliant
- Invest in marketing material
- Offer an initial consultation
4. Pet sitting or Dog Walking
If you love pets, you can offer pet sitting or dog walking services in your local area. You can set up a website or use a platform like Rover to connect with pet owners in your area.
- Be knowledgeable
- Be compassionate
- Be trustworthy
5. Social Media Management
If you are skilled in social media, you can offer social media management services to small businesses. You can help businesses grow their social media presence and reach new customers.
- Make connections
- Be creative all time
- Communicate and represent strongly
- Always be on agility to hustle
Remember that these are just a few ideas, and you can turn any hobby or skill into a business with a little creativity and planning.
Tips For Making Entrepreneur Ideas For Women Profitable
1. Understand Your Audience
Starting a business is just a halfway progress to your dream. To complete it, you need to build a strong heap of audience that could trust in your brand, value your innovation, and buy from you.
Thus, it is very important to understand your targeted audience and their preferences.
2. Lead with Honesty
There is a saying, honesty is a great discipline. If you are honest in your work, you would not only achieve it but win the values of other people.
Therefore, lead your business with honesty and treat others with the same attorney.
3. Be Confident
Businesses come with great opportunities and dismantle things. At that time, it is important to stay strong and confident.
You may, in a certain time, be involved in decision making. Confident planning and decision making skills are important to maintain a wheel of business in the right direction.
Over To You
In conclusion, women are increasingly making their mark in the world of entrepreneurship, and there are a plethora of small business ideas that women can pursue.
The five small business ideas we discussed - online store, freelance writing, personal training or wellness coaching, pet sitting or dog walking, and social media management - are just a few examples of the many possibilities available to women.
Good luck! Keep climbing upward.