Posts Tagged ‘small business ideas’
A large part of the population has been affected due to the recent economic downturn. Small business registrations have increased due to the search for alternative forms of income. Indeed, the recession has made people realize that one cannot solely depend on their income alone. Worse, the company they work for might even be gone tomorrow! For this reason, the search for low capital, gradual growth companies has increased. So here’s my top 4 list of small business ideas:
1. Cosmetic Representative:
The cosmetics business does not seem to be as critically affected by the recession. In fact, women like to look their best, especially when economics are slow. Since a little dash of good lipstick color makes one feel confident. It is an inexpensive way for women to give themselves a little self-esteem boost. Besides, who doesn’t know a few women who enjoy taking the time to look their best? It takes less than an hour to be briefed by a cosmetic representative on how to sell cosmetic products. Start-up capital required is minimal, allowing one to get started quickly and affordably.
2. Event Organizer:
As we progress through our lives, celebration and life events continue to happen, events such as weddings, birthdays, reunions, anniversaries, etc. Unfortunately, not many people have the time on their hands required to pull everything together. As an example, organizing a wedding requires connecting people from both the bride and the groom to be present and available for rehearsals, decorating, etc. Usually all that is required is clients, a little word of mouth, and the ability to be very organized with the attention to detail.
3. Pet Shop Business:
Many people love their pets, to the point of treating them like children. Dressing them up, throwing birthday parties and buying gifts all lead to the need for a specific pet store. A Pet Shop Business that offers grooming services is one of the best small businesses that can be set-up fast. What is required is a medium-sized location that can serve as a store and a grooming salon for pets. Pet owners even relish the thought of having their pets enjoy spa like services, since they believe that their pets can get stressed out, just like their owners. If one is considering a small business, pet grooming services is definitely on the list. The cost required to become established in a store setting can be expensive, so be wary of this.
4. Online Entrepreneur:
Probably one of the most rewarding and lucrative businesses available today. With the tremendous boom of the information age, the opportunities seem endless. You will require a personal computer, skills associated with scripting for your website, and the desire to become a successful online business person. This is probably the best bet for establishing a low cost, high potential personal business. The advantage of becoming an online entrepreneur is my #1 business in my top 4 list of small business ideas.
As you go through the process of establishing your business, be sure to stay motivated and focused. Patience, hard work and dedication will provide you with the tools necessary for achieving financial freedom and success!
Certain small business ideas can go a really long way in supplementing your income. With well directed research you can be earning a sizeable amount of extra money every month.
Choose a particular hobby you love intimately and turn it into a small business. A lot of people make the stressful mistake of following the tide and trying to make money the exact same way other people are making it. Take for instance a person’s passion for music. You can very easily open a small music store that is a regular supplier of old and new music.
If you are a passionate dancer you can offer dancing classes for the youth in your neighbourhood. Business is an energy sapping activity and the best way to go at it is by following your heart and not following the tide. If you follow the tide you might all of a sudden find yourself in a situation you hate, all alone and miserable.
As a recognized professional in your field of expertise you can diversify your portfolio and offer services to private clients. An accountant can very easily do the books for fellow friends and family at a low cost. A lawyer can also represent clients with legal battles he or she stumbles upon on a daily basis. At the very core of this effective strategy is a good listening ear. This means you must not only be geared up for exciting social interactions, but be alert for opportunity. The awesome thing about doing this is that you will have the experience to back you up, plus of course your company’s reputation as a proof of your competency.
Open a small store in your neighborhood. This store can be a grocery store, a shop that sells organic vegetables, or even a store that sells electrical goods or other needed items. However, it is very important to talk to your neighbors as a way of finding out what their immediate needs are. Once done, your task will then revolve around providing a crucial service instead of a simple commonplace product which can be obtained on one’s way home. So do thorough brainstorming and come up with a list of the different items you can sell. Another tip is to be diverse and provide a wide range of products.
There are several business ideas in the field of service provision. If you are in the rainy summer months it will be very profitable to provide grass cutting services. Grass grows really tall when it rains and sometimes home owners hardly have the time to be doing their own yard work. Provide this service and you will reap great rewards. Small business ideas can earn you big returns and they can be very simple ideas that no one else is doing.
Small businesses are these days preferred by many individuals rather than jobs. They need to work for about 6 to 8 hours per day and get limited salaries. They can plan their own time and work towards gaining substantial profits if they start their own business. You can start a business even if you just have any small business idea but you don’t have any ready capital. It is so because many banks offer you loans to start your businesses.
You can take a personal loan or a business loan or a mortgage loan too. The banks review your business and idea and do their own research and evaluate the feasibility of the idea. If they think your business proposal can work, they provide you a business loan on the basis of certain terms and conditions. Therefore, you can put your small business ideas to use very easily. Given below are some small business ideas.
1. Business planner:
It is one of the most exciting jobs that one ever can do. You have to actually plan out the business strategies for your client and help him or her gain maximum profits. To start this business though, you need some expert knowledge about start up businesses. You should know all about the financial transactions and other important aspects.
2. Event organizer:
If you have the skill to organize things, you can definitely go for event organizing as your business. People need event organizers to organize marriages, receptions, meetings, trips and all other things that need planning. You can act as the planner and plan out the things foe them considering their financial capacity. This can be the most exciting job that one can ever get. Along with the knack of organizing things, one needs to be creative in mind to organize events in the most elegant way.
3. Public relations:
If you are good at pursuing people, you can start your own business as a public relations official. In this job you need to organize press releases or press conferences. You need to be the link between the media and the public on one side and the events on the other side. As a public relations official you act as a perfect link between the company and its customers. A public relations career is extremely respected everywhere and there is a lot of money in this business.
4. Computer repair:
You can start computer repairing business if you have taken a hardware course. You can also hire experienced computer repairmen and build a team of them. Computer repairing is as easy as any household repairing work. But you should definitely see to it that you have a degree that goes with your business or you can get caught into scandals even if you are perfect at your work.
Thus, one can easily start a small business instead of doing a job. It is not necessary that one should follow ideas already used by people but, one can also innovate and develop new ideas to start a small business.