Top 21 trending business with a small startup capital in 2020.

Jerryfrankson

Administrator
Staff member
Jul 17, 2020
84
5
18
In this article, we are going to discuss 21 businesses that are trending in 2020 and some lucrative business with a small startup capital.
Surprisingly, some of this business aren't affected by the pandemic while most of them rather made a lot of profit during the lockdown. We will discuss the business ideas and also suggest some of the products or services you need to use or start with.
Some of the listed business don't necessarily require you to them yourselves, they're also good investments as a second source of income, so you can open them and hire someone to be doing it for you, that is if you can't do them yourself. We will also discuss payment methods as in worker's settlement or salary used for some of the business. You can scroll below and tap on the number you're most interested.

Article Covers

i. List of 21 Businesses
ii. Details about each business and how to start it.
ii. Advantage and Disadvantages
iv. Needs and requirements for each business.
v. A take home message.

1. E-commerce.
2. Logistics or dropshipping.
3. Freelancer Services.
4. Blogging or Vlog.
5. Website designing.
6. Online coaching or tutoring.
7. Importation.
8. Gadgets Sales.
9. Consulting services.
10. Manufacturing.
11. Gymnasium (Gym)
12. Start an Uber or Taxi Business
13. Salon business, Hair Cutting or Hair Dressing Salon.
14. Mobile Hair Dressing.
16. Opening a Cake or Small Chops Business.
17. Mobile Services.
18. Open a coffee shop.
19. Start a catering Services.
20. Start a dry cleaning business.
21. Poultry farming.

Overview of the things you need to start a business.

To start a business anywhere around the world you need your business to be certified or registered by your national affairs commission or any institution in your country that registers business, this give your a face of identity, legalization or a foundation of trust. Most people don't deal with unregistered businesses because they're not mostly not guided by any regulations or entity. In my country, it is the cooperate affairs commission (CAC) that registers companies and the current price for company registration in CAC is as cheap as $50 (N20,000) for a CAC business name registration. And you can register your business here. While in the UK and US, company registration can start as low as £13 above. UK company registration.
Secondly, you need to brand your business. You need a trademark, but that's not necessarily so far as your business is registered and legit. You only need a trademark when you are sure people are going to be impersonating your business brand name or duplicating your products using your brand name to make off profits from it. But when you have a trademark for your business, any duplication or impersonation of your brand name, you can sue the person or party for infringed rights and demand huge compensation.
Lastly, you need a small startup capital to start any business. But it is okay if you don't have, because there are choices you can make for a cheaper or no cost and you will still start your small size business.

Check comment sections for a detailed explanation and updated list about the 21 trending businesses.
 

Attachments

Jerryfrankson

Administrator
Staff member
Jul 17, 2020
84
5
18
Kindly tap on any business headline you're interested in and read about it. We will be updating this article every three days.






 
  • Like
Reactions: TalkExtreme

Jerryfrankson

Administrator
Staff member
Jul 17, 2020
84
5
18
Thanks for sharing the insightful article, where can I download the full article.
Hi Onyx, we have 6 articles published already, Kindly tap on any business headline you're interested in and read about it. We will be updating the list every three days until the 21 businesses are fully explained with strategies how to start them.