1. Auto Repair Shop
Most people use their cars to get from one place to another, conveniently. But cars need repairs every once in a while when they break down. Why not turn this necessity into a business idea? Although you may require a variety of tools to start a repair shop, the good news is that you can launch an auto repair shop that only handles repair and maintenance services only.
For this, you will require a few simple tools to ensure that the business is up and running. If you are a mechanic, you can offer mobile auto repair services. Additionally, you can also offer a variety of services, including fluid refills, oil changes, headlight repair, battery swaps, among other services.
2. Car Wash Services
If you own a car, you are conversant with the fact that people pay a significant amount of cash for mobile car wash services. Many people may opt for mobile car wash services because of the convenience they offer. You won’t have to drive from your home to a nearby car wash.
By launching a mobile car wash, you will not incur the cost of renting a car wash lot. When starting your car wash business, you will only have to purchase an auto detailing start-up kit.
3. Electronics Repair
Many people are obsessed with electronic appliances such as television sets. The tech addiction is an indicator that when an electronic appliance becomes faulty, people will immediately seek the services of a professional who offers electronic repair services.
It is advisable to launch a business that offers mobile electronic repair services. You can offer a variety of solutions, including repairing broken phone screens, replacing laptop batteries, and Wi-Fi cards. Your success depends on your willingness to travel to your clients’ residence.
4. Personal Trainers
If you are a fitness enthusiast, you can offer your services as a personal trainer. When offering personal fitness training services, you need to have yoga mats, weights, and bands.
As a personal trainer, you will be tasked with offering one-on-one fitness sessions at your client’s residence. However, you can also look for co-working spaces depending on the number of clients you are training.
5. Vacation Rentals
If you travel regularly, you may be conversant with platforms such as Airbnb. You can make money from unused vacation property or an extra bedroom. To become an Airbnb host, you should sign up on the platform, and interested clients will contact you through the site.
Bottom Line
You will certainly find a profitable business idea for the year 2020 from this list. But you’re the one to determine which business you should start. Regardless of the business, you would want to start or the amount of money you want to invest, ensure that you learn some SMART ways to make passive income. Keep in mind that the most profitable business idea isn’t enough. You also need passion, dedication, and persistence.