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Business Innovation Ideas: From Medical Offices to Creative Firms

by Harold Washington
November 27, 2020
in Business
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Business Innovation Ideas: From Medical Offices to Creative Firms
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The desire for self-determination runs strong in Americans. That helps explain why over 60% of adults want their own businesses. With so many people working remotely, the possibility of self-employment can feel like more of a possibility.

Yet, many people struggle with the transition into business ownership. While they possess a passion for entrepreneurship, they often lack a clear direction about what kind of business they might open. After all, business innovation often breeds success.

If you’re set on owning your own business but haven’t settled on one yet, keep reading for five innovative business ideas that might fill the bill.

Creative Firms

Creative firms help other businesses manage their marketing efforts in creative ways. That means you focus on the softer side of marketing, rather than hard number areas like SEO. The upside here is that you can focus on as many or as few areas as you want.

For example, you can build your business strictly around branding. While branding does intersect with other areas of marketing, it gives you a lot of room for creative flexing in terms of storytelling. Don’t let office organization slip, though, since missing deadlines will hurt you.

Write a Book

Don’t let the word book scare you off. There is a solid chance that you possess expertise in at least one thing.

Maybe you make the best apple pie in your neighborhood. Maybe you know everything about quilting. Then again, maybe you’re learning a new skill.

Worried about how to organize a book? Break it down into the steps of a process or small areas of interest.

Launch a Blog

Much like a book, a blog lets you lean into subjects you love or subjects you know a lot about. Blogs take virtually no startup funding, which makes them ideal for the bootstrapping entrepreneur. You must go into it for the long haul, though, since it takes time for the audience-building that makes blogs profitable.

Medical Offices

Launching a medical office isn’t a solo affair unless you’re also a doctor. You can, however, partner with a medical professional. You handle the business side and let them handle the medical care.

You will need some expertise in areas like medical billing and scheduling. Also, make sure you and your partner work out a clear system for medical documentation. You’ll likely need those records down the road.

Business Innovation Options and You

You should spend a little time in thoughtful consideration before deciding on a business innovation option. You don’t need a burning passion for an idea, but it should create at least some interest in you.

After all, you’ll pour countless hours and endless energy into this business. That can provide difficult if the business doesn’t inspire any curiosity in you. If a business founder grows bored when the nitty-gritty details come up, it almost always spells doom for any business.

Looking for some additional small business tips or ideas? Check out our business section for tips and ideas on sales, marketing, IT, and more.

The desire for self-determination runs strong in Americans. That helps explain why over 60% of adults want their own businesses. With so many people working remotely, the possibility of self-employment can feel like more of a possibility.

Yet, many people struggle with the transition into business ownership. While they possess a passion for entrepreneurship, they often lack a clear direction about what kind of business they might open. After all, business innovation often breeds success.

If you’re set on owning your own business but haven’t settled on one yet, keep reading for five innovative business ideas that might fill the bill.

Creative Firms

Creative firms help other businesses manage their marketing efforts in creative ways. That means you focus on the softer side of marketing, rather than hard number areas like SEO. The upside here is that you can focus on as many or as few areas as you want.

For example, you can build your business strictly around branding. While branding does intersect with other areas of marketing, it gives you a lot of room for creative flexing in terms of storytelling. Don’t let office organization slip, though, since missing deadlines will hurt you.

Write a Book

Don’t let the word book scare you off. There is a solid chance that you possess expertise in at least one thing.

Maybe you make the best apple pie in your neighborhood. Maybe you know everything about quilting. Then again, maybe you’re learning a new skill.

Worried about how to organize a book? Break it down into the steps of a process or small areas of interest.

Launch a Blog

Much like a book, a blog lets you lean into subjects you love or subjects you know a lot about. Blogs take virtually no startup funding, which makes them ideal for the bootstrapping entrepreneur. You must go into it for the long haul, though, since it takes time for the audience-building that makes blogs profitable.

Medical Offices

Launching a medical office isn’t a solo affair unless you’re also a doctor. You can, however, partner with a medical professional. You handle the business side and let them handle the medical care.

You will need some expertise in areas like medical billing and scheduling. Also, make sure you and your partner work out a clear system for medical documentation. You’ll likely need those records down the road.

Business Innovation Options and You

You should spend a little time in thoughtful consideration before deciding on a business innovation option. You don’t need a burning passion for an idea, but it should create at least some interest in you.

After all, you’ll pour countless hours and endless energy into this business. That can provide difficult if the business doesn’t inspire any curiosity in you. If a business founder grows bored when the nitty-gritty details come up, it almost always spells doom for any business.

Looking for some additional small business tips or ideas? Check out our business section for tips and ideas on sales, marketing, IT, and more.

 

Harold Washington
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