By Michael Johnson
When looking for ideas for the best business to start in Los Angeles, you can do whatever is legal. The best business for you will depend on your skills, experience and personality, as well as the level of funding. Ultimately, you want a plan that is wanted by some of the millions of people in LA County and which lets you become part of the thousands of professions and businesses in the area. Here are some ideas:
Online businesses have taken off as internet connections have improved and technology has opened more doors to work from home, whether you want to design apps, sell goods or vlog about something unique about your family or something you are passionate about.
Sell items you have made
You can sell apps you have designed, pottery you have molded or photographs and videos you have shot. For example, drone flyover shots of Los Angeles County are popular for use in the background on the landing pages of local companies.
Vlogging or blogging
You may want to vlog or blog about fashion, food or travel. If you have niche expertise you could discuss classical music with others who play a particular instrument or you may want to guide people into risk-free matched betting, sharing the best bookmakers betting offers each week. With millions of vlog/blog posts published daily, the market is competitive, but there is always room for new entries.
Buy and sell
Other online businesses include buying and selling on eBay by searching undervalued items and relisting them to make a profit or selling items found at thrift stores, garage sales or other platforms like Alibaba. An alternative is to try drop-shipping goods from China.
Buying a franchise is an easier way to start running your own business and it also offers a better chance of success than starting a business from scratch. You can choose from fast-food restaurants to mobile dog grooming, with each franchise requiring a different level of investment in terms of money and time. You need to be clear about what your ambitions are, the hours you are prepared to put in, the sum you want to invest and the risks you want to take with a new or established business.
Expand an existing business
Growth and expansion are key goals for most business owners, but they may not have the resources to do this, leaving you an opportunity to fill the gap with your own entrepreneurial spirit. If you know a wedding photography business, add new products and services connected to wedding receptions, such as mobile photo booths or something else you know that customers want and are willing to pay a price that gives you a profit.
Food and drink
If you have a great recipe for a pickle, sauce or baked item, turn this into a successful business in LA County. By starting small, you can handle demand and scale up as sales increase. You can outsource some parts of your business as you expand. As sales continue to grow, you will need a distributor to warehouse your product and have sales reps on the ground as a field merchandising team who can check your products are well displayed and promoted.