Startup Businesses Worth Pursuing in 2020

Project Spaces

Starting a freelance business is easier now than ever before, and the rise of the Internet has enabled a new generation of workers to pursue career paths that aren’t the “norm.” One of the best things about becoming a small business owner in this day and age is that the risks and costs of doing so aren’t as monumental as they were in the past. Your entrepreneurial endeavour also doesn’t necessarily have to be a revolutionary idea to be successful and there are plenty of opportunities that don’t require a complete overhaul of your life. Without further ado, here are the top startup businesses worth pursuing in 2020.

Social Media Management

Not surprisingly, this service is set to be in high demand this decade. Having a curated and cohesive social media presence is an absolute must for all businesses, but not all of them have an in-house marketing team that is able to execute a successful online presence. That’s where you can step in and use your social media savviness to create content, run campaigns, and stay on top of daily engagement.

Consulting

There’s a high demand for specialized services nowadays, and even though the field of consulting is crowded, it’s still a career path that’s worth pursuing. Whether your expertise is in marketing, travel, sales, interior design or investing, you can leverage your knowledge and get paid for your advice with minimal overhead costs by starting a consultancy. Talk about a win-win situation!

Personal Training

The health and fitness industry is booming, and if you’re passionate about wellness, now’s a good a time as any to hone in on that and build a personal training business. Social media has made freelance personal training much more feasible and building a fitness-related business is both personally and professionally fulfilling.

Editorial Services

From copywriting to proofreading to writing a good ol’ blog, virtually every business requires some type of editorial service and having a way with words is something you can easily capitalize on.  At the end of the day, companies are looking to sell a product or service, and there will always be a need for writers to create captivating copy that convinces consumers to buy. The increasing importance of social media advertising and search engine optimization makes pursuing a career in this field all the more appealing.

Graphic Design

Graphic design is another highly sought after service, and if you consistently deliver high-quality projects in a timely manner, it has the potential to become a lucrative business opportunity. People are always in need of logos, icons, cover photos, and other graphics for their websites, which means you can rest easy knowing you won’t have to deal with a shortage of work.

There are plenty of opportunities for freelancers these days and no matter what startup business you choose to pursue, having a place that facilitates your growth is key. At Project Spaces, we have a diverse group of entrepreneurs at our Toronto coworking spaces and our founder-friendly community will keep your fire burning. Whether you’re looking for a permanent desk, a place to plug-in in our lounge or you just want to soak in the good vibes at our events; you can get what you need out of our flexible memberships. Book a tour of our spaces today!

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