Information technology over last twenty years or so has emerged as one of the crucial and transformative sectors in the socio-economic development for most, if not all, countries in the world. Realizing the significance of information technology, companies use it to ensure their departments connect and operate as smooth as possible while as the government bodies use it to make all government services accessible to citizens.
Here we have highlighted the top 10 best small business ideas and opportunities for individuals aspiring to become entrepreneurs in the field of information technology:
1. E-commerce solutions
There is a growing need for e-commerce solutions as a result of increasing preference for online shopping. That means adding a web interface ( website ) isn’t any more optional rather a must for brick and mortar firms. Not just brick and mortar companies, even startups that keep on emerging daily are in need of such services.
What mainly encourages the demand for e-commerce solutions has been found to be lack of budget for hiring professionals by the majority of small established as well as startup businesses.
That being said, there is no better day other than today for launching a business that offers e-commerce solutions including SEO, enterprise resource planning software, shopping carts, order processing software etc to both startups and already established businesses.
2. Provide e-learning services
Electronic learning has won a defined place in the mission of most nations and our country India isn’t either lagging behind. How e-learning helps is that it facilitates education-related services to schools, colleges, universities etc through electronic media. One who is trained in the domain of electronic learning shouldn’t wait any more towards starting a business that provides e-learning services to such key target markets.
3. IT hardware services
With the use of IT becoming indispensable across all business domains and the growing complexity of computer networks, starting a hardware support services business to troubleshoot hardware failures, computer setup assistance etc to local banks, government bodies and even to small businesses has turned out a cashing cow opportunity in the information technology industry.
4. Web portal services
As internet and e-commerce industries are on rising, a major market slice in the form of hotels, offline retail stores, tourist transport etc exists for internet portals dealing with shopping, travel and tourism, jobs etc. Furthermore, due to very small seed capital and input cost requirements, this business can prove highly rewarding for those who are best at offering web portal services.
5. Graphic designing
With the emergence of hi-speed internet and availability of great software platforms, anyone with an art of conjuring logos, brochures, packaging etc you can also think about starting a graphic designing business. Throughout the whole world, there is a mature market for graphic designing services.
In most least developed and in many developing countries, a telecommunication business might do wonders for your bank account because it is still largely unexplored in such countries. However, starting a telecommunication company isn’t possible unless you have a massive capital investment.
7. Internet cafe
Many think internet cafe is a dead trade due to the availability of cheap internet packs and smartphones. That isn’t fully true. In fact, wherever you launch an internet cafe business, it probably can greatly work there provided you offer good user experience.
Blogging is one of the cheap yet largely unexplored opportunities in the information technology field. It allows individuals particularly those with strong knowledge make income from third party advertisers like Google Adsense, affiliate marketing etc while running a blog that consistently publishes articles related to information technology.
9. Computer training
If you happen to be knowledgeable about computer hardware and software programs, you can set up a computer training institute where you would train students who want to become computer savvy.
10. Computer maintenance
Not every person who has a computer knows how to troubleshoot computer related failures. Starting a computer maintenance service business is an opportunity to generate part or full-time income while offering such people a professional computer repair services.