Are you a programmer or IT professional and you want to start a business? If YES, here are 50 best lucrative small business ideas for IT professionals in 2016.
Are you an IT professional and looking for additional source of income? In the recent era of the internet of things, the IT professionals are needed to every small and big business. Information technology industry is vast. It includes software, networking, biometrics, mobile, digital entertainment, content delivery, mobile wallet technology, internet of things and so on.
Innovation and automation have been drivers of the information technology market. It has streamlined technologies and has increased security within these components. Knowledgeable and experienced IT professionals may consider starting their own home based venture as part-time or full-time business operation.
There’s hardly any business out there that doesn’t need the help and support of IT professionals to thrive. As long as you have a business website, use a computer or even a mobile phone, you would need the help of an IT expert at some point either directly or indirectly.
The IT profession is a product of civilization and as long as civilization continues and the world continues to grow, there would always be a demand for IT professionals. The profession is so important that when experts in other professions where losing their jobs as a result of the economic meltdown, IT jobs were on the increase with a lot of companies laying off all their staff but leaving out the IT professionals.
As an IT expert, there are lots of job opportunities for you if you want to work for others but why work for others when you can use your skills to make money for yourself by setting up your own business? So what lucrative businesses can you start in the information technology industry? Here they are;
50 Lucrative Small Business ideas for IT Professionals
Look around you, almost everyone has a computer or a gadget that works like a computer. People have laptops, tablets, mobile phones etc. This goes to show that starting a computer repairs and maintenance business is a very smart idea.
You could choose to serve individuals or work for corporate clients as a company computer repair consultant for as many companies as you can manage. You could also delve into remote computer repairs service, which involves helping people to repair their computers online.
- Computer Training School
With the increase in demand for information technology professionals for employment, a lot of people have seen the need to be IT compliant. Companies also regularly train their staff to be able to cope with the changes in this fast paced industry.
You could start a training business for people who want to earn IT certifications or people who just want to expand their knowledge. Obviously, computers cannot take the back seat in the world today. Computers have really gone beyond business tools; they have become one of the necessities of life.
- Computer Sales
You can also think of selling computers and computer accessories. You could either opt for selling new computers or start a business of selling used computers instead. Both businesses are lucrative but it is important that you do a study of your market to determine which category has more demand.
New businesses are cropping up every day and businesses cannot really afford to be without a website in today’s business world. The awareness is increasing globally about the effectiveness of the internet as a tool for business growth and lead generation.
And with this trend comes an escalating demand for all professionals who work to help individuals and businesses establish an online presence—especially web designers. The web design industry has been enjoying tremendous growth for close to two decades now, and it is expected to keep waxing for many years to come.
- Mobile phone development
IT professionals are also responsible for designing and production of mobile phones. You could start designing and selling your own mobile phones. There are lots of companies in China that could help you produce your mobile phones at cost-effective prices. You can start this kind of business and be reset assured that you will make loads of profit as soon as you launch out.
- Mobile Network Operator
You can also become a Telecoms giant like Verizon, AT&T, T-Mobile and Vodafone to mention few. The good thing is that you could start small and gradually grow into a large business empire. You could also think of starting a VOIP phone company if you cannot afford to become a mobile network operator just yet or look for several other business-oriented IT professionals to partner with you on the business.
- Social Media Consultancy
More businesses are looking to tap into the power of social media and promote their businesses through social network. The good thing is, not so many people know their way around these; so they engage the services of social media consultants to help them achieve this. Most businesses are now aware that social media could be a very effective tool for lead generation and increasing brand awareness.
Ironically, only few businesses know how to use social media the right way. And this is because many business owners and executives are still holding fast to marketing models that have long lost their effectiveness, and they have yet to understand the social media phenomenon and how to use it for marketing.
- Software Development
Software development is also a very lucrative business. There are lots of software’s you could develop. What you need is a carefully conducted research on gaps in the software market that you could fill and great marketing skills to be able to convert your ideas into money.
As the economic recession gets tougher and companies continue to downsize and replace human resources with computers and machines, there are some categories of people who remain relevant and while other people are losing their jobs, these categories of people continue to be in high demand by employers and consumers.
Cloud computing is relatively cheaper and it shouldn’t be a surprise that companies are embracing it. It allows companies to increase their capacity and efficiency without necessarily buying new gadgets or infrastructure and spending money on training staff to use them.
Cloud computing is one of those innovations borne out of the need for companies to reduce costs of operation. Cloud computing makes it possible for companies to cut down on overhead costs by conducting the computer-related aspects of their business virtually.
Cloud computing allows you to entrust the computer-related aspect of your business into the hands of third party providers while you focus on other aspects of your business like beating the competition and increasing profits.
- Mobile Apps Developer
With the number of smart phone users on the increase, you could seize the opportunity to make money for yourself by developing mobile apps for sale in mobile phone apps marketing platforms like Google Play store, Nokia Store, Mobogenie and several other mobile phone Apps store.
- Telephone Call Centre
A lot of companies prefer to outsource their customer care services to other companies, so that they can concentrate on the operational aspect of their businesses. As an IT expert, you have the skills and knowledge to be able to run and manage such a business profitably.
Call center agents are people who handle incoming phone calls on behalf of a company. Many businesses have customers calling them all day to make enquiries, lodge complaints and make requests, order purchases and request for general support.
- Car Tracking Services
Car theft has been on the rise in the past few years, with car thieves getting more creative. This is why every car owner feels the need to install a tracking device in their vehicle to be able to prevent car thefts and recover their vehicles easily if such ever happens. There are lots of people who are turning to start this business daily; you too can be a part of it.
- Games Developer
If you are looking for a buisne4ss to start that guarantees good profit, you can look towards starting a games developing business. One of the things people look out for before purchasing a mobile phone, tablet or computer is the types of games that are on it. This is why mobile phone development companies spend millions of dollars to purchase good game applications to include in their devices.
- Online Recruitment Testing Service
You could also start a recruitment testing service to help companies conduct tests and interviews for their clients on the internet. Recruitment process can be very tedious, with thousands of applications turning up for very few vacant positions.
Companies need help with automation of the recruitment process so that the best applicants can be chosen out of the large pile of interested applicants. A recruitment agency, also known as staffing agency or employment agency is one of the fastest growing recession proof businesses of the 21st century. This is due to the rapidly rising global unemployment rate.
- Internet Marketing
Another business idea is to start an internet marketing business. You could sell your services on the internet; you could also sell IT related software and gadgets or non-IT gadgets. You could even build the next E-bay, Amazon or Aliexpress. One of the good things about starting an internet marketing business is that much more than the profit that you stand to gain, you will help people’s businesses grow.
- Technical Writer
Personally, before I purchase any new gadget, I like to read reviews from IT experts about the strong and weak points of the gadget I am about to purchase from technical blogs and websites and considering the number of hits and comments on these blogs, I want to believe that there are several others like me out there.
You too can start a similar business of writing reviews on the latest mobile phones, tablets, computers and even household gadgets through your blog. As Google and other search engines keep hitting hard on crappy content through their periodic updates, bloggers, magazine and e-zine publishers, website owners, and other internet marketers are becoming more aware of the importance of quality content.
You could also start refurbishing and repackaging used and discarded gadgets for resale. One of the first steps that you will be required to take as you start out in this business is to conduct an exhaustive research. This is important so that you can learn all that you will be needing in the journey of the business as you launch out in trade.
- SEO Consulting
SEO consulting professionals provide organic search engine optimizing tactics and improve a website from a virtual unknown to page one ranking. SEO stands for Search Engine Optimization. When people look forward for information regarding products or services in the web, they mostly use search engines. Google, Bing, Yahoo etc are some of the popular search engines people use.
The web sites that appear higher up on the results on the first page of the search engines are supposed to attract the most visitors. And here lies the scope of SEO consulting business. Starting an SEO consulting business is a very creative business whereby you can earn unlimited income while helping business owners and individuals attract more visitors to their web sites.
- Network Engineering
Network engineers help to install and manage computer networks within an organization to ensure that networks run smoothly and disruptions are avoided. There are plenty of resources on the internet that you can use to start this business. There are even some online free courses or payable ones that you can decide to take to broaden your horizon.
- Desktop Publishing
Desktop publishing is another smart business idea for IT professionals. You could use your knowledge and skills to help publish books, magazines and several other materials. The best way to start a desktop publishing business is by examining the market in your geographic area first, and find out if your services are really needed. If there are similar businesses around, then chances are that there is a good market.
And in that case, you need to find out the types of services they render and decided on whether you will offer something different. For example, if the desktop publishing businesses in your area focus only on Word processing, you can set yourself apart by specializing in graphic design projects only.
- Website for Freelancers
Websites for freelancers connect them with employers. Businesses hire freelancers through these websites in many different fields and pay percentage of a freelancer’s salary to the website. Once you create and promote your own website for freelancers, you can make money without having to work much for years to come.
- Dating Website
People too busy or too shy to attend social events and bars to find their soul mates, use online dating website services. Start your own singles dating website aimed at all age groups, making money by charging membership fees. There are a lot of people looking for how to meet people on a daily basis. You can cue into this type of business if you want to.
Tutor people who are not computer savvy. A computer tutor teaches how to use computer applications and Internet, usually at a client’s location. Your clients can be individuals and businesses. Computer tutoring requires good computer software knowledge and patient personality.
- Blog Consulting
In today’s world Blogs are most powerful ways for both individuals and businesses to communicate pieces of information distinctively online. It is therefore no surprising that as at February 2011, there were over 156 million public blogs in existence.
A stat on Wikipedia reveals that as at 20 February 2014, there were around 172 million Tumblr and 75.8 million WordPress blogs in existence worldwide. People having certain hobbies can make money by creating blog and posting articles based on the subject.
BPO stands for business process outsourcing. BPO is one of the most successful ventures in developing countries. The basic factor in starting a successful BPO is deciding its nature of operations. The major available options are Inbound, Outsource, and Outbound.
- Computer Assembling
Computer assembling also allows the customized PC making service. Because of the high price of branded computer, many people go for high-configuration assembled computers. You can start the business by importing spare parts of the computer from China or any other country. For a small business, creating a loyal and niche customer base and creating proper distribution network is important
If you’re a business expert–you’re a whiz at marketing, reorganization, setting up franchises, retooling the company image, or any number of other specialties–then you’ve got the right stuff to be a business consultant. Instead of reporting to the office every day as a company man or woman, you’ll work as an independent contractor on special projects for a number of clients.
The advantages to this business are that you can work at home and you get the excitement and pacing of the corporate world without having to live it on a 9-to-5 basis. You’ll need a strong background in your area of expertise coupled with stellar marketing skills to convince potential clients of your worth.
- Communications Store
Stake your claim in the multibillion dollar communications industry by opening a communications store. Stock and sell items such as residential and business telephones, fax machines, pagers, Palm Pilots, cell phones, and accessories.
Ideally, you’ll want to secure an authorized agents agreement for the wireless side of the business. Securing this type of agreement should not prove difficult given the vast number of communication companies now providing paging, cell-phone calling, and two-way radio systems. Locate the store in a highly visible area of your community like a store or kiosk in a mall or a storefront on a major street.
- Computer Upgrading Service
Starting a business that specializes in upgrading existing computer systems with new internal and external equipment is a terrific home-based business to initiate that has great potential to earn an outstanding income for the operator of the business.
A computer upgrading service is a very easy business to get rolling, providing you have the skills and equipment necessary to complete upgrading tasks, such as installing more memory into the hard drive, replacing a hard drive, or adding a new disk drive to the computer system.
- Copy Sales
The popularity of operating a business or working from home has catapulted a copy centre into one of the hottest business start-ups available for the new millennium simply due to the fact that most people working from home lack the resources to purchase this type of office equipment, or can justify the expense for the limited use.
Copy centres typically provide customers with a wide range of services, including black-and-white photocopying, digital colour copying, a fax transmission service, laminating, booklet and report binding, mail box rentals, courier and shipping options, and small-run print jobs of business cards, fliers, and business presentations.
- Digital Printing Service
The printing industry has been revolutionized with the advent of digital technology. No longer are business owners and consumers at the mercy of print shops to create their short-run marketing brochures, event programs and invitations as these types of printed items can now be all printed in full-colour digital format without the expensive print plate making charge.
A digital printing service can easily be operated from home and the main requirements to get this business rolling will be a good desktop computer, design software, a high quality digital printer capable of 11-inch by 17-inch printing and the ability to use this equipment efficiently. Potential customers include business owners, consumers, schools, government institutions, clubs and associations.
- Domain Name Broker
It is estimated that 93 percent of words in the English language have been incorporated in some fashion into a domain name. As corporations and small business owners race to register or purchase cool and effective dot-com names, the resale price goes up.
In some cases, it skyrockets into the seven-figure range. While a great deal of effective dot-com names have already been registered, many of these same names are now for sale or soon will be, and this fact creates a fantastic opportunity to capitalize on the worldwide race for the perfect internet address.
- E-Commerce Consultant
Doing business online and achieving any kind of e-profitable success is probably more difficult than it is in the bricks-and-mortar world. For that reason many online entrepreneurs are turning to enlisting the services of an e-commerce specialist to help build, market, and maintain their e-commerce businesses.
Right now, and for the foreseeable future, there is an incredible opportunity to build a super profitable e-commerce consulting business for entrepreneurs with web development, online marketing, e-commerce, and e-communications skills and experience.
In short, if this describes you, the potential to earn $1,000 a day and more is presently available. E-commerce specialists do much more than just show business people how to hawk their goods online.
- Energy Management Consultant
Corporations and homeowners combined spend billions of dollars annually on energy to light, heat and air-condition their homes and buildings. Imagine how much healthier the environment would be, as well how much money each of us could save every year, if we could all reduce our energy consumption by a mere 10 percent?
The aforementioned is the focus of this incredible business opportunity. Working as an energy management consultant from a home based office you can teach homeowners and business owners practical and useful energy management tips about reducing consumption and waste.
- Expense Reduction Consultant
You can profit from your business and budget management skills and experiences by starting your own expense reduction consulting service. Expense reduction consultants provide clients with services such as controlling long-term product and service costs and developing expense reduction strategies to suit individual client needs.
The objective of the expense reduction consultant is to uncover costs associated with doing business that can be reduced or eliminated while still maintaining the efficiency of the business in terms of operations, customer service and profitability.
- Free Internet Terminals
Free Internet terminals are simply kiosks that contain computer equipment capable of connecting to the Internet. The terminals are strategically located in high-traffic community gathering places such as malls and sports complexes, and are free to use for visitors of the location. Due to the fact that the Internet terminals are free to use, the business that owns and operates the terminals sell advertising space on the kiosks to local companies to generate sales and profits for the business.
- Intercom Installations
Recent technology changes in intercom systems have made them extremely easy to install, as intercoms are now available in wireless form. Due to these recent changes in the product, starting a business that sells and installs wireless intercoms is a fantastic business opportunity for just about anyone, regardless of construction or business experience. Overall this is a very good choice for a new low-investment business start-up that has the potential to generate a very lucrative income for owner-operator of the business.
- Internet Trainer
Believe it or not, there are still lots of folks’ including many senior citizens and retirees–who don’t have a clue how to access the internet or where to go once they’re on it. If you’re a tech whiz and you like nothing better than tinkering online–then you can these individuals learn how to navigate the information superhighway with ease as an internet trainer.
You’ll give seminars, workshops, day-long courses or provide one-on-one assistance at senior centres and in individuals’ homes. And you can teach the basics or tailor your programs to the specific types of internet use your clients want to know.
- Mobile Computer Training
Most computer training schools require students to come to their location for training classes. But for companies that have upgraded or purchased new computers and software, this is often not practical, especially if there are five to ten or more employees who are in need of training or retraining.
Likewise, not everyone who purchases a new computer, software, or other hardware devices has time to attend classes to learn how to use the equipment. Herein lies the opportunity. Capitalizing on your computer, software, and marketing experience, you can start a mobile computer training service and train students on-on-one, or in a group format at their homes, businesses, or office.
- Mobile Office Service
Though the target market for a mobile office service is generally limited to individuals and companies taking part in trade shows, seminars and business conventions, this market is still gigantic, creating an outstanding business opportunity for entrepreneurs to start a mobile office service.
A mobile office service can be designed to conveniently fit into a display booth that can be set up at trade shows and business conventions, and the services offered to clients can include high speed photocopying, sign making, typing services, internet, e-mail and faxing.
- Office Protocol Consultant
The time has never been better than now to start a business as an office protocol consultant. As disputes between employees or between employees and management based on allegations of sexual harassment, racism and abusive behaviour within the office environment cannot only morally bankrupt a business, but also financially bankrupt a business as a result of litigation.
- Virtual Tours
Producing virtual tours for clients who are seeking the ultimate marketing tool for their websites is not only an incredible business opportunity, but the business also has the potential to generate profits far in excess of $100,000 per year.
Virtual tours can range from a hotel that gives potential guests a tour of their facility, accommodations and amenities via their website to real estate brokers that broadcast house tours of properties they have listed for sale and posted on their websites. To get started, you’ll need specialized software, a computer and a digital camcorder, not to mention production and editing skills to produce the finished product.
- Website Quality Consultant
In exchange for a fee, give small business owners the real lowdown on the quality of their site. In the rush to get online, many small-business owners forget that information and services should provide value on their site. In a nutshell, as the quality consultant you’d view a client’s website and submit a full report.
The report could include a comparison to competitor sites, a rating on how user-friendly their site is, and suggestions on how the site could be improved. These improvements could range from including a software application to providing enhanced visitor services to changing the style of how content is presented.
- Call centre agents
Telecommunication network operators receive several thousands of calls daily from customers who have questions and complaints. But because most companies are trying to cut down on their running costs, they now hire freelance call centre agents instead of in-house support staff. If you have good communication skills, you can start a business that answers customers’ calls for telecommunication network operators.
- Recharge card sales
Since people have to make calls every day, there is huge demand for airtime, which is commonly sold in the form of recharge cards. If you are planning to venture into the recharge card business, you have two options: you can either start printing recharge cards and sell on a large scale or buy from wholesalers and sell directly to consumers. It all depends on how much you have to start with.
- Bulk SMS business
People send and receive millions of text messages on a daily basis. A smart way to amass profits from this trend is to start a business that sells customized bulk SMS to individuals and organizations that need to send messages to hundreds or thousands of recipients at once. Potential customers for this business include corporate organizations, religious organizations, non-profits, and so on.
- Affiliate marketing
Smartphones and tablets are selling like wild. And a good way to profit from this trend—even if you don’t have enough funds to start selling these devices—is to sell them as an affiliate marketer. You will promote these devices online using various internet marketing strategies. Each time someone buys a device through your effort, you get a percentage commission on that sale.
According to the U.S. Bureau of Labour Statistics, the graphic design industry is expected to enjoy a 13 percent increase in business between 2008 and 2018. This simply implies that there is a lot of money to be made in this in-demand industry. The escalating growth of the graphic design industry boils down to the increasing demand for Internet and interactive media advertising, such as mobile phone apps. And the demand for graphics for offline advertisements is still on the high, too.
- Bitcoin Mining
The advent of internet has paved way for unlimited business opportunities that one can easily start and run from the comfort of his or her home. If you love working from home, then you should consider starting an internet based business.
One of the businesses that can easily be started with the use of computer is bit coin mining. You might just ask what is bit coin? Simply put, bit coin is a digital currency that operates independently of any country’s central bank. In order to get an updated value of the worth of a bit coin, you can make use of Google’s currency converter; it is a reliable platform to know the value of bit coin per time.
- Online casino business
Good news is that you don’t need to visit the popular Las Vegas to play that game which you so desire. This is because you can now play it right from your internet device from any part of the world while making some cool cash. Companies like CryptoLogic Inc, International Game Technology, Realtime Gaming, Microgaming and Playtech are the companies that did good to design the software most Casino use.
Starting an IT related business is a great step to make, but you have to be sure that you have the right preparations in place so that you do not end up a failure. You can also look at hiring an expert to help you tidy things up whilst you look to start.