With the advent of new technologies and new trends new job opportunities open up to replace old one. Depending upon these trends many business and professions are found to be in high demand and this is the ripe time to exploit business opportunities in these sectors.

Online businesses are one such trend that is here to stay. If you are planning on starting a new venture and find yourself wondering which business to invest your time and money into, then here are a few worth your time and money.

1. Online Retailers

There is a significant market for homemade products. Well made cosmetic items such as natural soaps and lotions and decorative items are always in demand.

If you produce such home made items or can tie up with someone who produces them, then becoming an online retailer would be the way to go for you.

You can set up an e-commerce website to sell your merchandise over the Internet. It opens up your business to a huge clientele and if your product is good enough, there are virtually limitless possibilities of growth.

2. Web Development

The number of websites being created today is increasing exponentially. Anybody who is anybody wants to get their business on the web. This trend has given rise to an ever-increasing demand for web development agencies.

The great thing about this business is that it does not require physical presence. You don’t even need to have a formal office if you cannot currently afford one. All you need is a computer, an Internet connection and most importantly, the skills for web development.

Even if you believe that you have much to learn before you can begin your own web development agency, there are plenty of tutorials freely available on the Internet.

So if web development sounds like an interesting prospect to you, go ahead and get started.

3. Social Media Marketing Manager

If you like surfing social media websites, are an avid tweeter and a good writer to boot, then you could consider becoming a Social media manager for large firms.

There is no dearth of companies who are willing to hire dedicated and creative people to handle their social media promotion. This job might include a host of responsibilities like regularly publishing posts and blogs on the company’s behalf, enhancing the company’s brand image by improving social media profiles etc.

With time, as your reputation builds, you could gradually set a marketing agency of your own to help companies improve their brand promotion.

4. Freelancing

If you would like to work from home, earn good money and don’t have a lot of funds to invest in a start up company, you should consider working as an online freelancer as a start.

Websites such as oDesk, Elance.com or Freelancer.com provide plenty of opportunities in a wide range of services that you can choose from. If you have a particular skill then choose jobs in the corresponding category and get started.

If you work hard and deliver results, pretty soon you may end up setting up your own agency that provides that specialized service that you delivered as a freelancer.