Businesses

The 10 Most Popular New Businesses for Entrepreneurs to Start

Dreaming of starting a business and wondering what kind it should be? We can’t answer that, but we can tell you the types of businesses other entrepreneurs are most interested in starting.

Every month, more than a million people visit Bplans and search among sample business plans for more than 500 types of businesses. And every year, Palo Alto Software, which owns the site, tracks which searches are most popular and publishes the top 10. It’s a fascinating look into the types of businesses most of us dream of starting, and how those dreams have changed over time.

Top 10 business-plan searches for 2014:

  1. Services
  2. Restaurant, Café, and Bakery
  3. Retail and Online Store
  4. Medical and Health Care
  5. Manufacturing
  6. Nonprofit
  7. Bar and Nightclub
  8. Farm and Food Production
  9. Wholesale and Distributor
  10. Construction and Engineering

It’s a no-brainer that Services tops the list, says Sabrina Parsons, Palo Alto Software CEO. “It’s always the

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5 Online Businesses You Can Start With No Money

The internet is the great equalizer. In business specifically, it has leveled the playing field. Anyone can start a money-making online business—anyone with a computer, that is. But here’s the thing: virtually no technical experience is needed. Today there are plenty of tools you can use to build an online business that makes the technical work a lot easier than it was in the past.

You can also live anywhere you want, set your own schedule, and work as little or as much as you want, depending on how fast or big you want your business to grow. No business or marketing experience is needed either. It’s a truly democratic medium for entrepreneurship.

Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate

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Small Business Funding | Funding Solutions For Small Businesses

Small Business Funding Clients:  If you’re having trouble making payments due to COVID-19, please give us a call and we’ll work with you to potentially modify your payments.

Business owners from different industries after receiving small business funding

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Consult With Your Own Dedicated SBF Funding Manager

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Bank Said No? Relax, we got this…

 

    • Receive Funding In As Little As 48-72 Hours
    • Multiple Funding Options – Term Loans, Working Capital Advance, Equipment Leasing, SBA Loans, and more
    • Consult With Your Own Dedicated Funding Specialist
    • We Work With Multiple Lending Partners On Your Behalf So
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COVID-19: Finance professionals worry over impact of the pandemic on businesses

Finance professionals working in organizations, large and small in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on people, productivity and cashflow of businesses.

The dreaded disease which the World Health Organisation has described as a global health emergency, is taking toll on families and their businesses, leading to pay cuts and posing threat to job security.

A  new global research conducted by Association Of Chartered Certified Accountants (ACCA) among 10,000 finance professionals, including an expert panel of 227 in Nigeria turned out startling revelations.

Respondents in Nigeria say the most severe impact of the virus is employee productivity being negatively affected, with 55 percent saying this was the case, followed by cash flow problems hitting business viability.

33 percent of the respondents, according to the research, stated that the virus is really an impact while  a third of the respondents explained they were

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Asides access to finance, political instability is perhaps the biggest constraint facing Nigerian tech businesses

Businesses do not exist in vacuums and before taking a leap into the world of entrepreneurship, there is a need for a socially, ethically, and politically stable environment. However, in Nigeria, it is quite the opposite and political instability seems to be a long-standing problem.

Over the years, assessments have highlighted the impacts of various regional conflicts on the business climate in the country and a report from Washington-based non-profit organisations, ONE Campaign and Center for Global Development, show that Nigeria’s tech sector is even more affected by this set of problems.

From the survey carried out by the two organisations, Nigerian tech businesses are constrained by a number of factors. The major ones include a reliable source of electricity, access to finance, corruption, and political instability. Though minor, labour regulations, taxes, courts, and tax administration are the other constraints cited.

Biggest constraints facing Nigerian tech businesses

About 63 per

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Business Plan Template for Small Businesses and Entrepreneurs: Free Download

free business plan template

Writing a business plan can seem like a big task, especially if you’re starting a business for the first time and don’t have a financial background. Even if you do have some experience, getting a refresher on what a modern business plan looks like is always a good idea.

After all, business plans have changed over the years, and what lenders and investors expect now is different than it was even just 10 years ago.

Ready to get the business plan template? Fill out the form on the right to get started >>>

Start your plan with a modern, professional business plan template

That’s why we’re sharing our investor-approved business plan template.

This template has been used by universities such as Princeton and Babson to teach entrepreneurs how to start businesses. It’s also been used by over 850,000 businesses to write business plans for bank loans, venture capital and angel

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Types of Businesses and Forms of Business Organizations

A business entity is an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services.

Business organizations come in different types and in different forms of ownership.

3 Types of Business

There are three major types of businesses:

1. Service Business

A service type of business provides intangible products (products with no physical form). Service type firms offer professional skills, expertise, advice, and other similar products.

Examples of service businesses are: salons, repair shops, schools, banks, accounting firms, and law firms.

2. Merchandising Business

This type of business buys products at wholesale price and sells the same at retail price. They are known as “buy and sell” businesses. They make profit by selling the products at prices higher than their purchase costs.

A merchandising business sells a product without changing its form. Examples are: grocery stores, convenience stores,

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75 Ideas for Businesses You Can Launch for Cheap or Free

It takes courage and dedication to start your own business, but not much cash.


15+ min read

Opinions expressed by Entrepreneur contributors are their own.


Today, many people today are looking to leave the daily grind for something that feeds their passion. People do not want to retire at the age of 60 (or older) to look back on life and feel they have wasted it.

Related: Need a Business Idea? Here are 55

Luckily, it is now increasingly easy to start a business from scratch without spending a fortune. Below, I’ve highlighted 75 varied business ideas you can start cheaply from the comfort of your own home. Some of the business ideas listed require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills…the choice is yours!

1. Making Chatbots 

I am quoted on entrepreneur.com as, 

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Businesses For Sale at GlobalBX

Business Broker Memberships

If you are looking to buy a business or sell a business, GlobalBX can help you.

GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses.

We have over 6,753 Business Brokers and Agents using our services. Click here to view our Professionals Directory of Business Brokers and Agents.


Register Now as a GlobalBX Business Broker to:

  • 1. Reach thousands of qualified business buyers searching our businesses for sale everyday.
  • 2. Post an unlimited number of businesses listings for free.
  • 3. Track the number of times that your business listings have been searched.
  • 4. Have messages from business buyers sent to you confidentially via email.
  • 5. Enter your profile into our Professionals Directory, where thousands of business sellers and buyers look for assistance.
  • 6. Give your business listings greater exposure through our Multi-Site
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Business banking for small businesses in Connecticut at Putnam Ba

Supporting Local Businesses Through a Variety of Small Business Banking Services

At Putnam Bank, we believe a strong community depends on the success of local businesses run by people interested in creating a better place to live. We are lucky to serve business owners throughout our communities by providing a wide range of business banking services:

  • Deposit Accounts– whether you’re a sole proprietorship, non-profit, LLC or larger business, Putnam Bank offers a deposit account to fit your cash flow needs.
  • Business Online Banking– make your business finances easier to manage with Business Online Banking. It allows you to spend less time managing your money and more time managing your business.
  • Business Loans– from small start-ups to established companies, every business has financing needs. Putnam Bank’s commercial lenders identify your needs and provide you with the financing solutions.

Partner with a Bank that Cares for Your Business Banking

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