Can you start a business offering products or services that will always be in demand? Nothing is ever completely certain in business, but there are certainly many things that people are always going to want. People will always need basics like food and shelter, and they will always need various services to do jobs that they can’t or don’t want to do themselves. But what sort of businesses can be a safe bet when you’re looking for low-risk ideas? Here are some of the options that you might want to consider if you’re trying to find success and don’t want to take any huge risks.
Hairdressers and Barbers
During the pandemic, many people started cutting their own hair or getting friends and family to help them. But, while some people might be happy to keep doing that, others are more than happy to return to their favorite hairdressers and barbers. They know they will usually get a better quality cut, that more complicated styles are possible, and that they can enjoy the experience of having their hair styled too. Plus, many men like to get a shave at their barber’s too. Hairstylists will always be in demand, and people love when they have a local one that provides the services they need.
Plumbing
There are many trades and building services that are basically always in demand. One of these is plumbing services, which are always necessary for repairs, improvements, new installations, inspections, and everything in between. Plumbers can provide services for homes or businesses and can specialize in various different ways. You might serve certain areas, work with specific industries, exclusively work with construction companies, provide emergency plumbing services, and a whole lot more. Many plumbers find that they have plenty of work, although sometimes of the year can be busier than others.
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HVAC
Another type of building service that is often in demand is anything related to HVAC. Heating, ventilation, and air conditioning services are all required to keep buildings in good condition. These services help to ensure homeowners and businesses can regulate their properties’ internal temperature, balance humidity, and more. If you’re considering this industry, see if you can find a vent cleaning business for sale. Dryer vent and air vent cleaning services are in high demand. You’ll find you have a constant stream of customers to keep your business going at any time of year. Of course, other HVAC services are popular too.
Electrical Services
Electrical work is one of the few things that DIYers often don’t (and shouldn’t) attempt. Getting it wrong can be dangerous, so people prefer to rely on the experts for what they need. If you can provide electrical services, you’re sure to find that you have a lot of work coming your way. Like other trade businesses, you could specialize in a variety of ways. You can work with certain industries or offer specific services, from installing lighting to carrying out electrical tests or rewiring. Finding your niche can really help you to build a successful business.
Funeral Services
Death is one of the few things that we can be certain of, and funeral services are always in demand. However, many funeral parlors are family businesses that are passed down through the generations. If you think you could start a new business, you could find that there are always plenty of clients. Of course, you have to have a certain outlook to be able to run this type of business. It’s important to have the right knowledge too, from how to handle remains to the law surrounding the industry. Buying a franchise could be one way to get into this industry.
Cleaning
Cleaning services will always be required in homes, businesses, schools, and many other settings. Cleaning is a task that many people don’t want to do at home and that businesses usually need help with. There are a huge number of different types of cleaning services that you can offer too, meaning there are many ways to find the right niche and discover your customers. You can work with businesses or in homes, you could offer exterior or interior cleaning, or even clean specific things such as cars, hotels, vacation homes, offices, or whatever else you can think of.
Accountancy and Bookkeeping
Another thing that’s certain in life is taxes. People and businesses need to file their taxes, and they often want help to do it. Sometimes they simply don’t want to do it themselves and other times it can get complicated, so it makes sense for a professional to take over. Accountancy and bookkeeping services are often in high demand, so offering them to both individuals and businesses can be lucrative. Of course, you will need the right skills if you want to provide these services yourself.
Childcare
Childcare is essential for many people, whether it’s during the workday or on evenings and weekends. There are different types of childcare that people might seek too, including nannies, au pairs, babysitters, and daycare. You can start a business offering these services yourself, but another option is to hire people to provide the services for you. Of course, there are many legal issues that you might have to navigate when dealing with childcare, so be sure to check local regulations to ensure you’re in compliance.
Petcare
People also want services to care for their pets. This can include regular services such as dog daycare and dog walking, as well as services such as pet sitting and pet boarding. The necessities for starting up these businesses can vary depending on if you want to go to the client or have them come to you. Either way, you can find there is a lot of demand, especially during certain times of the year. However, it can be competitive too, so you may need to consider how to stand out after researching the current landscape.
It’s difficult to ensure your business will always be in demand, but you can make smart choices to improve your chances.
Photo by Karolina Grabowska