Profitable Creative Small Business Ideas in The Technology Niche

Small Business

In today’s techno-centric world, there is a ton of ideas that you can leverage to create a successful small business. With technology growing at a frantic pace, you have all the resources and tools to create a strong foundation for your business. To set you up on the right path to finding the best business idea to implement, here is a rundown of a few examples:

Social media consulting is one of the most in-demand creative small business ideas

It’s a no-brainer that social media is a potent marketing tool today, especially for small enterprises. That’s why most small and large business owners are creating online extensions of their brick-and-motor establishments in the form of websites. Once their websites are up and running, they create social media pages to engage with their prospective customers and direct them to their websites. So, if you have experience and expertise in social media and you have a knack for creating social media business pages, you can start your social media consulting business and grow it. With the demand for social media growing at the speed of light, it’s projected that an overwhelming number of people will be seeking the services of social media consultants to set up robust online presence.

You can start a small business as a computer trainer

With almost everything going digital in this day and age, there will be no place for people without computer knowledge in the employment market very soon. Every institution these days is digitalizing their functions and processes, and so having computer knowledge will be an added advantage when competing for jobs with other people. That explains why many people across the world are enrolling in computer classes to be on par with technological requirements of employers. Children are also learning computer at a very young age. Therefore, if you have exceptional computer skills, you can start a computer training school and make a decent income. The market is already assured.

eBay consulting makes our list of the best small business ideas you can start today

eBay is one of the most popular online marketplaces to buy and sell products and services. Millions of people flock eBay every day to shop or sell. But the challenge most stumble upon is navigating the platform. Also, eBay has a lot of tools that can make buying or selling products on the platform easy. Few people know about these tools and how to use them. So, if you are an eBay Pro, you can take advantage of this situation and set up an eBay consulting business to leverage this market gap. The benefits of being an eBay consultant is that you can do the job in the comfort of your home. You can set your working hours, it’s startup costs are low, the internet is littered with courses, tutorials, and books to help you sharpen your eBay consulting skills and you can earn as much as you can. Once you become an expert consultant on eBay, you will be the go-to guy, and so, you won’t need to look for customers again.

Video production is the most successful small business ideas today

With the population increasingly slanting towards visual content when searching for products and services online, video is becoming a major component of every business marketing campaign. And because only high-quality videos make an impact, these business people are looking out for the best video production companies to create their videos. So if you can start a quality video production company today and market it well, you have the greatest possibilities for success.

Surefire Tips to Help You Protect Your Business Ideas

You’ve worked hard to come up with a successful small business idea. You’ve pitched the idea to a prospective client or investor only to find out later that the idea has already been implemented without your Knowledge. This can be a harrowing situation to be in. Business idea theft is a common phenomenon these days, and it’s a great concern for most people, as these forefront business people or even investors can take advantage you because they have the money and direct access to the market. Luckily, there are steps you can take to prevent your creative small business ideas from being stolen:

Business Ideas

Desist from revealing too much of your business ideas

This is the best way to keep your business ideas from being stolen. When presenting your business ideas to a prospective client, make sure you don’t reveal too much. Only gives small details that pass the idea. You don’t have to give a detailed demonstration of how your idea works. The much you can do is to give an overview of your business idea and state the problems it’s going to solve. The only exception is if you’re pitching your business idea to investors or financial institutions. They always want to know the details about the business idea before they can open their purse strings.

Apply for a trademark to protect your business ideas

A business name is almost always tied to a business idea. Therefore, you can trademark the name to protect the business idea from theft. Also, you can come up with a great business idea and tie it to your business name. Maybe the business name you choose could already have been be snapped up by someone else. So applying for the trademark could protect you from legal issues in the future. Even if you didn’t register the name in time, the business idea could be proof that you owned the name before someone else beat you to trademark it.

You can protect your business ideas by getting a provisional patent

Getting a patent is expensive. In fact, it can consume a big chunk of any startup owner’s capital. That’s why it’s recommended that you apply for a provisional patent. However, a provisional patent can only protect you for the first year. It is prudent to know that upfront. The provisional patent normally expires after one year, and there is no option for renewal.

Use non-disclosure agreements to protect your business ideas

Another effective way to protect your business idea from theft is to ask your investors or prospective clients to sign a non-disclosure agreement. However, you should know that most investors and prospective business owners will not agree to the signing of a non-disclosure agreement. And because investors call the shots when it comes to funding your business idea, you may be forced to give up the idea of them signing the non-disclosure agreement. The most convenient way to deal with this is to print a confidentiality statement and include it in your business plan.

Research, the person you are pitching to protect your business ideas

Make sure to research the person you’re pitching your business idea to upfront, whether it’s a prospective client or an investor. With the rapid internet development, information is freely available online, and you can get it in a matter of minutes. You can easily determine the reputation of the person or institution you are dealing with by reading their reviews online before revealing any information about your successful business ideas. Specifically, check out for any disputes with other business owners. They should be squeaky clean before engaging with them.

Conclusion

Technology is expected to dominate every aspect of our lives in the next 10 years. So, if you can find creative small business ideas and implement them, you are primed to reap the fruits when that time comes. This list gives you a snippet of technology-related business ideas to start with. Remember that your business idea is one of the most precious assets you have. So, don’t let anyone take it from you. Make sure to use one or two of the tips below to safeguard it.

Related Articles

SEO Tips

SEO Tips for Beginners

Search Engine Optimization or SEO may seem very complicated for the beginner. You have to learn so many different aspects so that you can maximize

Read More »

Leave a Comment

Your email address will not be published. Required fields are marked *