A woman or group of women who start, plan, and run a business enterprise are known as women entrepreneurs. According to European Commission “a female entrepreneur is a woman who has created a business in which she has a majority shareholding and who takes an active interest in the decision-making, risk-taking and day-to-day management. Therefore, a woman entrepreneur is a self-assured, imaginative, and creative woman who aspires to financial independence for herself while also generating jobs for others. Women have been on the forefront of initiating new business ideas in several fields of the industry.
Lets explore some interesting business ideas for women entrepreneurs
1) Manufacturing Business
A number of women are choosing manufacturing as their business option. They have been active in manufacturing of food products, bakery items, chocolates, snacks and beverages too. Home made beauty products including lip balms, herbal shampoos, natural chemical-free hair oils, face packs, beauty soaps, etc. Some innovative women have developed multi-flavoured perfumes which have unique tones. Getting inspired from international designers, several women have taken up manufacturing their garments in women and kids section. Combining their passion with the industry need for new varieties, women in business are offering excellent solutions in an innovative and cost-effective variety.
2) Service Industry
A large number of women are prominently seen active in lead roles in the service industry. Women have already entered as entrepreneurs in the service industry by providing a variety of services in nursing, patient care, senior care and rehabilitation services. The post operative treatments which involve physiotherapy consultancy and services are managed by women entrepreneurs from the healthcare field. A number of miscellaneous activities that requires a good know-how of the civic facilities and the government regulations, need knowledgeable professionals to bridge the needs. Women entrepreneurs are teaming up to pug the gaps and support the citizen with the services.
3) Event Management
A fast growing and in-demand field of events, needs smart idea implementation experts and effective execution specialists. Women are handling their event management businesses effectively catering to the needs of the corporates to various family functions in the most presentable manner and with professional execution. Equipped with several innovative concepts and ideas that are weaved through the theme of the event, women entrepreneurs are boosting the corporate culture through their dynamic and effective event solutions.
4) Dietitians
Health is a matter of global concern with many people choosing various types of options available in the market and the social media. Addressing the industry need, women have successfully developed their businesses through healthy products and dietitian consultancy. Women nutritionists and dietitians are important in promoting health and wellness through tailored dietary advice. They can specialize in specific areas, such as menopause and endometriosis, in addition to general nutrition.
5) Financial Consultancy
Because of their exceptional wealth management, investment, and life-stage planning abilities as well as their significant contributions to financial literacy, these women are leaders in the financial advising industry. Women financial advisors support gender diversity, forecast markets to avoid crises, help others overcome negative attitudes and bad money habits, help create the virtual financial planning environment, and influence thousands of people through multilingual financial literacy initiatives. Their dedication to promoting financial literacy in their communities, thorough support of their customers’ financial well-being, and promotion of ethical discussions within the financial adviser community set them apart from the competition. The female consultants are providing the best guidance on investments, savings, and future planning while assisting individuals of all ages in determining their financial needs.
6) Travel Planners
The travel and tourism sector is another area women are establishing themselves as entrepreneurs. This requires a thorough understanding of all local and international vacation spots, their major celebrations, and the seasons that are in effect. Women business owners have been actively providing modern plans that meet the demands and requirements of their clients. Offering affordable solutions that offer consumers the best value for their money while allowing them to enjoy more areas of their carefully planned schedule is where their true expertise resides. The tourism sector is being dominated by women because of their confidence, zeal, intelligence, and speed. Developing a long list of associate businesses including hotels, cab services, travel guides, translators, etc, women entrepreneurs have been on the forefront of discovering and creating scores of employment opportunities across the scenic pockets worldwide.
7) Teaching
The education industry is home to a large number of female entrepreneurs, including those who have established online courses, businesses, and schools. When it comes to providing value-based education, women have led the way. Women entrepreneurs have revolutionized the education sector by creating more straightforward teaching models and improving student learning. They give pupils the fundamental information, abilities, self-assurance, and skills they need to succeed. Women entrepreneurs are making it possible for more women to launch their own companies by promoting equal opportunities and making educational investments, which promotes creativity and economic progress.
