One of the most important lessons we learned from 2020, is that financial independence should be a top priority. The ability to make decisions about how and when to work or how you would pay your bills, mostly centered around your financial standing. Now more than ever it may be time to start considering creating additional income.

If you’ve been thinking about this for a while but didn’t know where to start; or, you’re a new aspiring businesswoman looking for the best business industries to consider… we have a few for you to consider.  

fitness, wellness, & healthcare 

Clean living and health are more important now than they ever have been. Women tend to trust the advice of other women when it comes to supplements and health advice. This, in turn, is often why they can dominate this industry. 

convenience 

Even as government restrictions, for covid-19, have begun to lift, many are still choosing to stay home. This provides new opportunities to offer convenience services. Consider pick up and drop off laundry (not dry cleaning) services or meal prep delivery.

educational services

With learning going online and many parents have difficulty keeping up, you may find educational services a lucrative endeavor. Look into offering to tutor difficult subjects. Or, consider creating supplemental products like e-books, videos, or flashcards, to help children have a better understanding.

construction

Even prior to Covid-19 construction demand and costs were rising. But sometimes the quality of service wasn’t keeping up. If you’ve had an interest in the construction field but thought of it as a male-dominated industry, you may want to reconsider.

You don’t have to be the one wearing a hard hat. Consider offering parts, supplies, or materials. This is an essential and crucial part of providing high-quality construction service that is often overlooked. The success of many firms often lies in the use of durable well-made materials like carbide button bits.  

It’s important to know where the opportunity in your local area is upfront. Research parts or supplies that are often used. Look into pricing, markup, quality and safety ratings, and local competition… before you get started.