When you’re talking to your customers listen to what they saying about your industry, products and services. What are their frequently asked questions? Experiences? Frustrations? Feedback and complaints?
Can you estimate yearly salary of a small business of 2 people assuming that they’ll be doing mostly residential work and lawn care (no hardscaping). Would it be what’s left over after expenses? Or would our salaries be cut significantly since we would need the money to be redirected to the growth of our company?
If you’re familiar with the ever increasing traffic in EDSA, guess what that means? More and more cars are now deployed not just in manila but in other nearby provinces as well. This is a good opportunity for you to put up a car wash business.
This is basically an employment temp service, but you may be “leasing out” employees for longer stints of time. The advantage to the customer is that they don’t have to get involved in sourcing, screening and qualifying candidates, and importantly, they are not responsible for employment taxes, withholding and reporting. To succeed at this business, you need a strong ability to sell your services and place employees. This can be a “messy” business with employees coming and going, tax filing requirements, and customers to please. However, the upside is unlimited, some employee leasing firms have grown into mammoth enterprises!
Personally, I would tend to start with the simpler services, but even a weekend business would likely require some part-time, energetic people to help with the basic work as soon as possible. If you do hire people, make sure that you follow the labor laws and that includes getting worker’s compensation insurance!
Being practical is extremely important when you are toying with the idea of starting a business. You need a steady source of income before you can set up your business, so it’s advisable to hold onto your current job. By retaining your present job, you will be more secure when you need to take risks.
Balloon business usually mixed with other party needs and is a good business idea to start. There will always be children’s parties everywhere and all of them will be needing balloons, decorations, chairs, tarpaulins, and etc. This business requires only small capital but can give you big profits when scaled up.
With the byzantine complexity of modern medical billing practices, there is a definite need for patient advocates. These individuals take the time to track down hospital billing paperwork and potentially argue with insurance companies. Considering the fact that many of those who need to hire advocates are either ailing or grieving, this is a very necessary service.
Fashion, style, and grooming continue to be a lucrative side business idea that can be done in your hours outside of work. If you know how to mend clothes, then you have a growing market of budget-conscious and/or personalization-obsessed customers. Entrepreneur says you need around two thousand dollars to start a decent side business idea in this niche but there’s no harm in starting smaller and growing from there, as long as you can make magic with needle and thread.
But that’s also too simple. What about a teapot that only has one review. Even if it’s a 5-star review I can’t show that higher than a teapot with 100 4.9 reviews. Ok, so I weight the rating in some way by the number of reviews.
Yes, I had a couple golf lessons–but you’d never know it to watch me play! I don’t think I had the right personality for this sport–relaxing and being patient isn’t my thing! But if you have some talent at this challenging game, you can charge some good money and bring your gift to others. Golf is an excellent lifetime sport and people are willing to pay to try to master it!
Countless small businesses start out their web presence using a WordPress hosted website (myself included) before needing to upgrade to other solutions for various reasons. Many of them will pay several hundreds of dollars for someone to get their business idea set up online. If you have the patience to learn how to do it yourself, it’s an extremely valuable skill and can be turned into a very lucrative side business idea—especially if you sign up for affiliate programs with companies like Kinsta, who offer high quality managed WordPress hosting plans that allow you to collect fees from the clients you refer their way.
Many small businesses have gaps in what their employees can take care of. Hiring a full time employee to fill in those gaps isn’t necessarily feasible, which is where your work-at-home business comes into play. Here are some work-at-home ideas that every business needs:
One of my friends sold off his large family business that made industrial goods, and then embarked on a new career as an artisan furniture maker. He studied furniture making in a full-time study program and focused on very high wood furniture. He would display his furniture at shows and promote open studio nights. Clients were wealthy individuals and some high-end boutique hotels.
Remember my earlier post about breakfast burritos? Making meals in advance is a great way to save money for yourself – but you can often prepare these for others as well and sell them for a markup. Prepare eight casseroles, for example, then sell six of them to cover your costs, and you’ve got two free dinners for your family (and maybe a bit more). You can grow this by taking orders from others and finding out what they like.
If you’re good with words, you might be able to find some work as an online freelancer. A variety of publications need online content in the form of stories, product or service descriptions, and reports, and if you have the talent and skill, you could easily be the one to create them. Fortunately, all you need is a computer and Internet connection to get started.
Direct circulation is preferred, but has definitely dreadful returns on your effort and time most of the times with an extremely low conversion rate. I have discovered that it is worth it to do this just in locations where you currently have a customer so that that in your copy you can state something along the lines of “(Your Company Name) is presently doing work for consumers in your community and would like to provide our expert services to you also.” Then list the types of services that your business offers and if there are any specials that you might have. Because putting mail in people’s mailboxes is against the law, just attach your business card to the flag of the mailbox. These fliers should look professional and only be twice the size of a business card. When writing your marketing copy, don’t let clients infer that you are the most inexpensive around, however rather that you are the very best and that you are an expert in town. Fighting low price wars is a losing situation for everyone, so do not play that game.
Tree services charge a lot of money for their services and one reason is that this can be dangerous work. A tenant of mine was injured working for his own tree service. So, think safety first. Don’t take on a job that is over your head–or don’t be afraid to ask someone more experienced to help when you need it. You can also rent lift trucks and other specialized equipment when you need it.
There’s a lot of money out there in grants, but writing grant proposals can take a lot of time, especially if you are not experienced at it. Like so many other fields, specialization will help get business, and it will allow you to charge much higher fees. And, as you build a track record of successfully securing grants, you will also be able to charge more.
Now that you’ve got your website in place and you’re actively marketing your business, it’s time to connect with potential clients. Some experts believe you should follow up with five to ten new prospects a day until you have a constant flow of customers in your pipeline.
I met a fellow working in the clown business, exclusively focusing on bar and bat mitzvahs. He just works on Saturdays and pockets a pretty $200 an hour. He actually went to clown school if you can image that – I bet I could have excelled at that kind of school! Now he has built up his business to include a whole carload of fellow clowns he rents out.
It’s not up to them to approve of your idea or let you know whether starting a business is right for you. Only YOU can do that. This is very different from what we were taught as kids. Starting in kindergarten, we had to raise our hand. “Mrs. Kundle, can I go to the bathroom?” “Yeah, you can go to the bathroom, Timmy.”
A. Yes, I will be selling a membership showing landscape guys/gals how to avoid paying SEO pro’s like me $2000.00 PLUS a month to rank their sites. Even though $2000.00 a month is reasonable given your ROI from the service, wouldn’t you rather pay the price of a pizza to learn how to do it yourself? It is based on the “give a man a fish|teach a man to fish” theory. However, this site will ALWAYS give you more real, actionable advice that blows the other “expert millionaire” lawn business marketing BS artists out of the water. If you don’t believe me, sign up for their free videos…you will learn nothing other than you need to pay them thousands to do it for you. I CRUSH those guys online, and I’ll show you how to do it too. Just be patient, I’m busy doing SEO every day for a living. I run a SEO business that only deals with surgeons + lawyers; i.e. the people that think $2K+ a month they pay me is a great deal. Most lawn guys/gals can’t afford me, so why not just let me show YOU how to rank your site on Google.com? It ain’t VooDoo, it is a process. Real easy, but you have to DO THE WORK 🙂 Hey, I’ve mowed thousands of acres of grass for BIG corporate companies (I won’t drop any names, but if you are in the lawn maintenace business you know the “Big 3”) before I “bailed” and went on my own. I will show you how to Kick Their A** online. I do it everyday and I ain’t no smarter than you: I just know what to do…
One of the things you can do is to apply and submit your designs in all of those sites. Just like the old saying goes, the more entries you send, the more chances of winning. There are a lot of people earning huge amount of money simply creating designs for other businesses.
Yes, you can start your own clothing line with just a few items, be successful and have a lot of fun along the way! Look at Ralph Lauren who started by selling a couple neck ties and then built that into a multi-billion-dollar empire. Contract out the manufacturing which is the really hard part of the work. Then focus on developing eye-stopping designs and talking it up with potential re-sellers, or sell the items yourself online!
If you want to start your own business, first come up with a unique idea for a product or service that you think people would pay for. Then, look for funding by talking with your bank, looking for local investors, or approaching family and friends for start-up money. Next, set yourself up to work in an appropriate space, and buy whatever equipment your business needs. Finally, create a website for your business, find ways to advertise to your target customers, and network, network, network!
The design of your eCommerce site may be the biggest business expense you have. But you want to ensure that it’s not only visually appealing, but also functional. There are out-of-the-box eCommerce solutions like Shopify to begin with, but you may require something more custom-made if your needs are more than basic.
Although product businesses can lead to super riches, the risk and failure rate is very high. You will almost always be competing against larger national or international firms. If you become successful, other firms will try to duplicate your success. Even if you have a great product, just getting into the distribution channel can be very difficult. Then, if you are successful and are booking lots of profits, you still may be running negative cash flows as you finance growing inventories and receivables.
If you’re passionate about the business world or able to influence and encourage others in your own unique way, you may want to consider marketing your services as a business or life coach. Use your passion and expertise to give advice and suggest actionable steps people can take to improve their professional and personal lives.
Guest interactive murder mystery productions are very popular and no wonder–they are a lot of fun. You could do this on your own, renting a public venue and all that. But instead I would recommend that you partner up with a local business, such as an inn or restaurant, which could use an event like this to promote their business.
A profession that is almost exclusively online, the idea of running this kind of a business stems from the fact that most corporate advertising firms have taken to outsourcing their campaign developments, as an attempt to break the standard patterns and reduce the pressure. As a result, stand-alone advisors on a company’s advertising campaigns are in high demand in the market today. Hence, as someone looking to build a business along these lines, you should be prepared to invest your time and money in running an active website (with a domain name, hosting services, and perhaps SEOs), offering your services to potential clients.
Getting started in the sport fishing charter business may not be as expensive and difficult as you think. Unless you are going into particularly rough waters you don’t need to start with a large cabin boat. Furthermore, you can finance much of your purchase. And if your fishing skills are a little weak, hire a boat hand with some strong local fishing knowledge. In the right location, you can charge some serious money in this business.
Every product sent to Amazon needs to be labelled with a label that is unique for the item and shipment ID. This is an internal barcode that Amazon uses to track and manage inventory. You can either get your freight forwarder to do this or pay Amazon to do it.
People on your email list are not only more likely to be customers, but you can use the power of email to help nurture a lead by regularly sending them quality content through something like a newsletter.