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10 Best Business Ideas for Women Entrepreneurs in 2023
Women are more powerful than ever before, particularly in India. Even though it goes against history and norms, they are working boldly and accepting more accountability.
Female entrepreneurs are at the center of developing India into a worldwide superpower. Women are supporting creativity and development in their respective markets through small enterprises and startups.
In India, female entrepreneurs confront a variety of challenges, such as restricted access to funding, unfair laws, and a lack of mentorship and support. Fortunately, several forums help them in addressing these issues and make it easier for women to launch and expand their companies.
For example, since 1984, the SEWA (Self-Employed Women’s Association) is working to improve female entrepreneurs’ access to funding.
10 Best Business Ideas for Women
There have been at minimum few good advances in the chances and depictions of women in business during the recent decades.
Do you know? More work and income are produced by women-owned enterprises than by any other category of business. 54% of workers were employed by women-owned companies in 2006, which brought in $467 billion in sales, or 37% of all business revenue.
So with this said, here are the top 10 business ideas for women that will grow you overall in life.
1. Life Coach
A Life coach business is one of the greatly satisfying businesses for women who typically transform others’ lives with professional life coaching, helps to reach their goals, unlocks their potential, makes positive changes, finds balance and clarity, discovers their true self, and many more to go.
They help their clients with personal and professional goals, such as improving their relationships, increasing productivity, finding purpose, and helping them create an actionable plan.
To become a successful life coach, one should build a good network of professionals, refer potential clients to each other, and the most essential step is to find your perfect coaching niche.
If you want to drastically boost your life coaching business then you must get yourself a certificate as 77% of the coaches agreed that the client wants them to be certified or credentialed. Depending on your niche, earning a certification could take you from 16 hours to 100 hours.
You can get your accreditation from the most widely recognized professional coaching certificate alliance called ICF (International Coaching Federation).
The program focuses on:
- Improving the mentoring skills and knowledge of teachers.
- Committed to the highest morals and professional criteria.
Also, ICF offers three levels of certification:
- Associate Certified Coach(ACC)
- Professional Certified Coach(PCC)
- Master Certified Coach(MCC)
Lastly, you must pass the Coach Knowledge Assessment (CKA) to receive ICF Certification.
You can start working as a life coach as soon as you get your first client, even if you don’t want to acquire a certification.
Learndesk: Learn how to become a successful Life Coach.
2. Freelance Graphic Designer
A graphic designer brings art and technology together. Let your imagination take flight with your graphic designs.
As per the latest study conducted by the Department of Labor Statistics, graphic designing is expected to grow at the rate of 5% Y-O-Y.
You can pursue a full-time job in advertising or be a freelancer and work for yourself. Regardless of what route you take, graphics are essential to any digital presence.
Graphic designers need a variety of skills to effectively create and produce compelling visuals. By Creating appealing visuals, businesses can capture the attention of their target audience and make a lasting impression, don’t forget to make your portfolio to get your happy clients.
Learndesk: How to start a successful Freelance Graphic Designer business.
3. Online Courses
Online courses are an excellent way to learn new skills and advance professionally. With the world going digital, online courses allow one to learn from the comfort of your own home, meaning you can work at your own pace, schedule, and convenience.
You must know that you can earn money by creating such courses or teaching online if you have expertise in any of the niches.
Several platforms such as Udemy, Coursera, and edX allow users to create courses and earn money from the students enrolled in them. In addition, there are other platforms such as Skillshare and Teachable which enable instructors to share their knowledge and expertise through online courses and earn a living doing so.
The key to success is to create the right course, be consistent, and dedicate yourself to your creativity.
Learndesk: How to start creating Online Courses.
Also Read: 20+ Business Ideas in India that are Profitable in 2023
4. Content Writing
Online income from this source is excellent. You can step up a blog or a website and write articles that can be informative and engaging. You can also provide services as a freelancer and work for clients who need content for their websites.
87% of businesses use content to take clients through various phases of buying. For each stage of the process, from brand awareness to spending decisions, they use different content styles.
There are a lot of fields to work as a content writer, you can write product reviews and create content for social media campaigns. It is important to keep up with trends in the industry and to have a portfolio of work to show your potential for the company.
You can also work with the small business as a content writer intern and they will train you completely in content writing.
With the right skills and patience, you can earn a good income from content writing.
Learndesk: How to deep-dive Content Writing work.
5. Freelance Make-Up Artist
Working as a makeup artist in the fashion industry has its own set of unique challenges.
The most important challenge is to ensure that the makeup looks flattering on the model while still fitting the overall aesthetic of the shoot. This means that you must be able to work quickly and accurately to achieve the desired look.
You also need to work with a variety of skin tones, textures, and ages to create a cohesive makeup look. You must also be able to adapt to different styles of makeup and trends and be able to collaborate with a team of other professionals to create a successful final look.
Networking with other professionals in the field is the best approach to receiving references and business ventures. Make contact with experts like photographers, event planners, modeling agencies, etc.
There are a variety of make-up artists but here I am telling you the top 3 highest-paying makeup artists, are cosmetologists, Film and TV cosmetologists, and Theatre and performance makeup artists.
With their passion for makeup and ability to work with different clients, freelance makeup artists can turn their passion into a successful career.
Learndesk: How to successfully become a Freelance Make-Up Artist.
6. Yoga Instructor
This is one of the finest and most trending businesses for women, with the increased stress, and the lack of physical activity, yoga has become the way for many to practice mindfulness and physical health.
Yoga Instructors help people through the physical mental and spiritual aspects of yoga, supporting them in meeting their ambitions.
If you want to build a recognized yoga institute in the future, you must have to get accreditation. Someone can only get a certification after demonstrating their instructor skills. While searching for the best instructor students will value this, and it will benefit you, promoting your yoga business.
Becoming a yoga instructor is a rewarding and fulfilling experience. Through teaching, you can help others and yourself to discover the benefits of yoga and promote physical and mental well-being. You can also earn money doing something that you love and have a passion for.
Learndesk: How to earn money becoming a Yoga Instructor.
7. Tiffin Services
A meal made with care is worth eating. In India, there is a lot of potential for tiffin services as it is a relatively low-cost business to start and has a high potential to grow. They provide affordable, nutritious meals that can be quickly prepared and eaten.
This is especially beneficial for those who have busy lifestyles and may not have time to prepare nutritious meals.
Suppose, about Rs. 80 will get you an Indian Thali with 2 veggies, rice, salad, and chapati. Your monthly salary after covering your costs will range from INR 70k to 80k if you are providing 2 meals per day for 50 individuals.
Tiffin centers also provide employment opportunities to many individuals, providing them with a steady income. Lastly, Tiffin’s services help reduce food security in India, as they provide an affordable and convenient way to access food.
Learndesk: Learn how to start a Tiffin Services business.
8. Event Planning
Events are important for a variety of reasons. They bring people together to discuss and exchange ideas and provide entertainment for people. Create your perfect event where memories are made. Events can also be used to raise funds for charities or other causes.
Event planners should have an understanding of the budgeting and marketing side of the business to maximize profit.
There are a total of 3 types of events to get you started, they are Corporate (conferences, trade shows, seminars, etc), Private (weddings, birthdays, reunions, etc), and Charity (fundraising, galas, competitive races, etc).
Ultimately, organizing events may be a productive and joyful career. You have the opportunity to help create a unique and memorable episode for people, while also earning a decent wage. It can be a challenging job, but with the right skills, experience, and attitude, it can be a great way to make a living.
Learndesk: Learn how to start an Event Planning business.
9. Virtual Assistant
Unlock your business potential with a virtual assistant. A virtual assistant is an irreplaceable asset to any business. They help reduce costs, free up time, and provide valuable resources for businesses for women to utilize. They can help with the tasks such as scheduling, data entry, customer services, bookkeeping, and more.
They can also provide valuable insights and help businesses create more effective strategies.
Earning from being a virtual assistant can be a great way to earn extra money. However, it is important to remember that you will need to keep up with the latest trends and technologies to stay competitive in the market. You can work from home, set your hours, and choose the task that best suits your skills and interests.
To make your business successful, you should also be ready to invest a large amount of time and energy into it.
Learndesk: Learn how to become a Virtual Assistant and start earning.
10. Gifting Business
Gifting is an important element of any special occasion. Whether it’s Christmas, birthdays, anniversaries, or any other celebration, gifts make moments memorable. In recent years, the gifting business has been thriving as more and more people are turning to online shopping for gift options.
Gifting has become a big-time business, with many entrepreneurs entering the world of online retailing. Many different types of gifts can be given, ranging from traditional items such as clothing and jewelry to more creative items like personalized mugs and photo albums.
One way to stand out in this sector is by offering unique and creative gifts that are personalized to the individual.
Another way to grow a gifting business is by leveraging social media to build brand awareness.
Finally, one should look for ways to partner with other businesses in their industry. By working with florists, caterers, and other vendors, companies can provide customers with full-service gifting options, from the original product to delivery and setup.
The gifting business is a profitable industry that requires innovation, creativity, and a commitment to customer service. By focusing on these aspects, you can create a successful business, one that will be remembered by customers for many years to come.
Learndesk: Learn how to start a Gifting business.