We started on the wrong foot with the year 2020, but the situation is slowly changing. Thus, if you planned on starting a small business right here in Philadelphia, do not hesitate to do so now. This city has a vibrant and thriving economy! It is also the biggest city in Pennsylvania, with approximately 1.5 million people living here. The large population guarantees that you will have a large customer base as well as an opportunity to work with great people and in great locations. Moreover, many leading industries like health care, real estate, manufacturing, construction, and financial services are also very developed here.
As you can see, your road to having a great business is already paved. It is up to you to decide which small business to start. We are here to help you with that. So, if you are interested in some of the best small businesses to start in Philadelphia in 2020, keep on reading.
1. Home Care and Senior Care
In Philadelphia, as well as all other cities in the USA, there is a big demand for home care and senior care services. Recent research shows that this demand is also growing. Thus, if you have some experience in care and hospitality, starting a small home care and senior care business would be a good idea.
You could, for example, offer various services to seniors. It can be anything from doing those everyday tasks like paying bills, doing grocery shopping, or walking the dog, to those more complicated ones, like helping them move to a new home, or performing senior home adjustments. You can also team up with another small business (cleaning, renovation, meal prep, etc.) and ensure your business gets a head start.
Offering cleaning services to the previously mentioned seniors, homeowners in need, apartment complexes, or even commercial properties, is another great small business idea. The need for those in Philadelphia is colossal. So, if you like cleaning, or have experiences doing that professionally, you can turn it into a business right now. If you have to transport to your brand new workspace, you won’t have to spend a lot of money. You just need to find an office space, hire a few workers, and buy some good-quality cleaning supplies.
Do not forget that advertising is crucial when it comes to small cleaning businesses or any businesses for that matter. Thus, be sure to hire a team that can run your advertisement campaign among other things!
4. Home Renovations
If you have ever remodeled or redecorated your household before, you know that contractors and skilled workers are hard to find. And, even if you do find them, they are always busy. This is because home renovations always do well. They do well even in those most uncertain economic times, as we have seen at the beginning of this year.
So, if renovations, remodeling, and redecorating is something you have done before or you have experience in building construction, this is your time to shine. Just think about all those homeowners in Philadelphia who spend approximately $8,000 on home renovations each year.
5. Bike Sales, Services and Rentals
Due to growing environmental awareness and the need for a more eco-friendly life, many people in Philadelphia are ditching their cars and turning to more ecological vehicles – bikes. Not only that, but cycling is also one of the most popular sports and outdoor activities throughout the states. Thus, you should use this to your advantage. Bike sales, services, and rentals are among the best ideas for small businesses to start in Philadelphia.
Any business dealing with sports and health nowadays is pretty much bound to succeed (if you know what you are doing, of course). In this business, there is the possibility to grow and expand too. Besides selling bikes, renting them, and offering various bike-related services, you can also consider investing in electric bikes as well. The need for them is rising, and it is predicted that their sales will surpass 40 million in the next couple of years.
6. Moving and Storage
Moving and storage industries are rapidly developing nowadays. People avoided them in the past as they were considered a luxury, but tables have turned. Investing in this kind of business is a good idea as it does not require a lot of investment, and the ability to expand and earn more has never been easier.
You can stick to regular moving and storing services like packing, transporting, heavy lifting, providing storage units, etc. But, if you want to stand out, you could offer some additional services, such as assembling and disassembling specialty items, long-distance relocations, offering climate-controlled storage units, or even mobile units you can pack and transport right away. The possibilities are endless! All you need is a good business plan and you have your idea for a great small business to start in Philadelphia.
7. Meal Sales and Delivery
Since you want to be a business owner, you know how time-consuming starting and running a business can be. You will be busy all the time and take all the help you can get. Sometimes, that help comes in the form of a meal. So, there is another great small business idea – meal sales and delivery. This is something all those busy people will highly appreciate. Of course, you should not focus on catering nor on fast food, but simple, healthy home-cooked meals. You will need to invest in good-quality ingredients, a safe delivery system for your customers, an online ordering system, etc. But, be sure that it will all be worth it, as the meal sales and delivery industry is expected to rise over 12$ billion in sales in the next couple of years.
Author Bio: Angie Sims has been working as a professional business consultant for the last three years. In her free time, she writes blogs regarding employment, business ideas, working tips, and tricks, etc. Angie is also a wife, a mother of two boys, and a dog owner. Her hobbies include writing, jogging, and cooking.