Understanding the job market and providing a service that is going to be relevant and ultimately return a profit is crucial when setting up your small business. 2020 was a particularly difficult year for businesses worldwide, so understanding which areas have potential will certainly be useful if you are starting a new business in 2021. The following are some ideas on areas within the job market that could be profitable in 2021 for starting up your own business.
Legal Services
There is always going to be the need for a lawyer to settle divorces, organize paperwork for moving home or ensuring there is a fair settlement between families for a Will and Testament. So if you have the qualifications of a lawyer or are prepared to study to acquire them, then this is surely going to be ideal for you. The ability to charge a large fee for your time on a case counterbalances the time it requires to qualify as a lawyer, so it will be worth it in the end.
Qualifications needed.
- Bachelor’s Degree
- Passing LSAT Exam
- 3 Years of Law School
- Admission to the State Bar
Funeral Care
The death care industry is quite an extensive one as it not only covers funeral care, but can also include providing an embalming service, funerals for pets, designing headstones, life insurance, and cemetery grounds keeping. You will need to have good people skills if you want to work in the funeral care industry to be able to comfort your clients in their hour of need whilst also demonstrating professionalism. Ensuring you have the necessary certificates and are organised with regards to the cost to start a funeral business, then you will be fully prepared for this sector.
- Qualification required, High School Diploma
Cleaning Service
The positive aspect about setting up a cleaning service business is that you will not need to rent out an expensive office to set up your business. You would mainly require cleaning products, insurance, other staff to help you out, a business license and a vehicle to be able to travel around and transport all your equipment with you. The need for all businesses to adhere to strict Covid-19 guidelines with regards to cleanliness certainly means there will be a high demand for cleaning services in 2021.
- ISSA CIMS Certificate, required for running professional cleaning service.
Real Estate
People always require new homes, so there will always be a need for real estate services. You will need to know the property market well and keep up to date with the real estate market. Establishing a brand name, designing a logo, obtaining a physical office space and setting up a fully functioning website will be essential to demonstrate to customers that you are an authentic and knowledgeable company.
Requirements needed.
- Have legal US residency,
- Complete a pre license education
- Pass a real estate license exam based on the state you live and work in.