It seems that in the UK at the moment small-business is actually big business indeed! There is an array of tax breaks on offer to encourage investment in fledgling companies and the red tape that has, in the past, tied up many small businesses is being cut away bit by bit.

With pop-up shops popping up everywhere, independent coffee shops giving the corporate chains a roasting and the smartphone m-commerce sector looking mobile it seems there has never been a better time for new businesses to get established and grow.

Here are five small-business trends that have made a name for themselves and continue to offer opportunities for UK entrepreneurs.

1. Cupcakes

Cupcakes have grown up. Once the preserve of kids’ birthday parties, the cupcake is now in demand for any adult social occasions and those in the know, with a little bit of clever marketing, are making very healthy returns. The icing on the cupcake business is that it takes very little to get started but offers fantastic margins.

These sweet margins can be found on single impulse purchases and larger batch sales for events. With just some basic ingredients, an oven and a label printer.

2. Social gaming

With the ever-growing popularity of Facebook those who can find their niche stand to make some serious money. Zynga created Farmville and was recently valued at a cool $1 billion, while UK firm Playfish caught the eye of gaming gods EA, who paid $400 million for it, after the success of just two Facebook games.

The market remains highly competitive with a number of Korean start-ups entering but big wins are still there. Innovative gambling and betting apps and games have their share of success stories and the market is far from saturated yet.

3. Smartphone repairs

Around half the UK population owns a smartphone, and with the high cost of each unit, people are happy to get them repaired if needs be. There are a number of business models for smartphone repair businesses in the UK – from online only to retail premises – but keeping up with an ever-changing market is vital.

4. Independent coffee shops

The UK coffee shop market looks set to grow by 25% in the next few years. UK coffee sales were already at £2.1 billion last year which represented a huge 10% growth on 2010. An almost gut-reaction from the UK public against the preponderance of chain coffee sellers has seen the rise of independents.

In London alone last year 35 independent coffee shops opened against 56 chains, a sure sign that small business start-ups are beginning to catch up.

5. Crafts

The UK’s rediscovered love of all things handmade is a great business opportunity for the crafty entrepreneur. Jewellery making, ceramics, glass-blowing, textiles – as long as it is handmade it will find a market.

Getting it to a wider audience requires little more than the ability to up your production capacities and calling on Southeastlabels’ barcode printing services. Crafts are undoubtedly the perfect business to start off part-time, from home with very low overheads so you can test the waters and learn your lessons before you take the plunge and make your splash.


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Yvonne
19/8/2012 06:12:35

Great inspirational article but I think these are quiet competitive businesses to start up with. So don't try without keeping that in mind.

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11/9/2012 00:59:31

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23/8/2013 06:48:07

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11/9/2012 01:12:06

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26/8/2013 05:00:07

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11/9/2012 01:25:50


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11/9/2012 02:38:03

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18/9/2012 22:14:41

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26/9/2012 02:02:05

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26/9/2012 02:20:18

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26/9/2012 02:30:43

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27/9/2012 01:46:57

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10/4/2013 02:08:42

Bakery items are all time favorites. The sweet items in the menu are mouth watering and delicious, which makes it as a perfect business in UK. In addition, the social networking business, coffee bar, smart phone shop etc are also a booming business in United Kingdom.

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19/8/2013 01:28:05

Nice post. Here you provide some valuable points about company it's really nice. I like your post. Thank you for sharing................

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25/11/2013 06:25:24

"There is an array of tax breaks on offer to encourage investment in fledgling companies and the red tape that has, in the past, tied up many small businesses is being cut away bit by bit. "
- i have heard about it so I am thinking that everything would be that fine then.

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