Women have made a huge contribution to the improvement and boosting of the economy and are considered as major influencers now. In yesteryears, women were not considered as pure business type individuals; instead, they were considered fit only for household or other professions that are not considered as the business thing.
In recent years, things have changed ever since women started making their point in the business world and proved that they can also be equally successful in business as men. Today, we have some successful examples in the business world in the shape of the following women, who started small-time and grew to be big in business.
- Marian Ilitch: Co-founder of Little Caesars Pizza, owner of Detroit Tigers and Detroit Red Wings
- Diane Hendricks: Co-founder of ABC Supply Co, home-construction materials distributor
- Judy Faulkner: Founder of Epic Systems, a medical-record software provider
- Elaine Wynn: Co-founder of Wynn Resorts
- Lynda Resnick: Founder of the Wonderful Company
- Mary Barra: Chairman and CEO of General Motors
- Indra Nooyi: Chairman and CEO of PepsiCo
- Abigail Johnson: President CEO, Fidelity Investments
If you are also one of those women who have the entrepreneurial spirit and want to have her own business but does not have any idea if you should seriously consider following the path, this article is a perfect piece of motivational reading for you.
Benefits of Small Scale Business Ideas for Women
We know that starting and flourishing business is hard. For women, the challenge becomes tougher as women are expected to look after their house chores, kids and many other things. In such a scenario, should you be considering the idea of business? Of course, you should and there are a number of reasons for considering so, which I will share here with you.
1. Financial Freedom
When you make your own money, you will not be financially dependent on anyone, which means that you will have the money and freedom to spend it in any way you choose.
Being an entrepreneur means that you will not be required to spend hours in commuting to the office and complete those dreadful 8 to 9 working hours. It will also allow you to spend time with your family and friends and still manage work.
3. You Keep the Money!
You get to keep the money you make and do not need to wait for the promotion to make more money. With your own business, you can actually keep all the money you make, sounds pretty good, doesn’t it?
4. You Choose Who to Work with!
Unlike the office where you have to work with everyone, even if you cannot stand the evil stares of the malicious and pervert bunch of men, having your own business gives you the freedom to choose your co-workers, clients, and projects.
There is a number of small business opportunities for women at home that they can manage from the comfort of their home. Today, it is not unusual to realize that the majority of small business owners are women and many of them are doing it comfortably from their homes.
Unlike men, who do not have the responsibilities to look after the house and kids and have the freedom to pursue their dreams and career, women need to do a lot more than all of this! The situation that requires a woman to focus on multiple things in less time, the very same scenario gives them the ability to manage multiple tasks at the same time.
This ability has a huge advantage in the business world, as a businessman has quite a lot of things on her mind and need to manage everything effectively, and a female entrepreneur can manage multiple tasks more efficiently than a man.
Tips Choose the Best Small Business Idea
Though there are no hard and fast rules in building and running a business, still you need to ensure that you choose a business that allows you to develop as a businessperson and cater to your personal needs of being a free and productive individual. Many people, irrespective of their gender, make the mistake of choosing a business type that does not match their lifestyle, thus, the business fails.
To start a business, you need to follow a few simple steps, and you will be up in less time than you have thought: Recognising your passion will be the very first step in starting a business, to determine on the industry and type of business you want to work in and do not be afraid of discussing your ideas with your friends and other close ones.
One of the important things is that you should never be afraid to take risks and make mistakes. There is nothing like perfect and we are tuned to make mistakes. Therefore, instead of thinking to make a perfect plan and then act on it, start working and then keep improving and updating.
Small Business Ideas for Women at Home
There are a number of small business ideas for women that do not require anything more than hard work and dedication. In terms of business, you can either choose to work from home or start a company with your group of friends, in both cases you have myriad choices such as:
- Handicraft Business
- Tuition Services for Students’ Assignment Help
- Language Tutorials
- Freelance Content Writing
- Transcription Services
- Gift Baskets Business
- Virtual Assistant
- Online Yoga Training Classes
- E-commerce Store
- Food/Tiffin Service
- Consultancy Services
- Logo & Web Designing
- Online Bookkeeping
There is no dearth of small business ideas and many of them do not even require any investment to start. Still, instead of following anyone’s business idea just because that person got successful, it is better that you keep your circumstances and resources in mind and plan the business accordingly. It is advisable that you find your passion and transform it into your new business.
Joseph Carey is an inspiring research writer and HR counselor. He enjoys sharing valuable ideas through his informative and motivational articles and offers his valuable advice for assignment help the UK to the students globally. In his spare time, he loves to travel and get familiar with other cultures.