Follow your dream. Here are the top eight businesses for you to start now!
You don’t need to have a lot of money or experience to start your own business. You need to have passion and drive. You need to be detailed oriented with a dedicated follow-through. Are you ready?
According to the U.S. Small Business Administration anyone can start a business and succeed if they have a good idea, a good target market and leadership ability. Do you have what it takes to launch your very own private gold mine? There is something for everyone in our top twenty businesses.
Over the past several years, one of the most important contributions psychology has made to the field of business has been in determining the key traits of acknowledged leaders. Tests have been used to determine what characteristics are most commonly noted among successful leaders. This list of characteristics can be used for developmental purposes to help managers gain insight and develop their leadership skills. You can use it to rate your chances of being a great leader.
Leaders are rarely (if ever) born. Circumstances and persistence are major components in the developmental process of any leader, so if your goal is to become a leader, work on developing those areas of your personality that you feel are not up to par.
Top Eight Businesses
What Business Should You Start?
To be successful, you must launch a venture that you will love. If you love what you do, you’ll never work another day in your life. And if you enjoy operating your business, every day will be an exciting adventure. There is something for everyone in our top twenty businesses.
Thanks to our global world there is no category of business that is off-limits to you. Purchase a business opportunity, buy a franchise, launch an independently owned company from your home or outside facility. Consider taking on a partner if you lack certain talents or skills that they can provide.
Use the free resources from the U.S. Small Business Administration, SCORE, the Department of Commerce and our website, sbomag.com, to receive the latest info in trends, opportunities and services that can help you. Visit often and learn.
Start the business you dream about! We’ve put together fifteen amazing business categories that will be hot in 2015 and into the future. We present the top twenty businesses you should consider starting now. There is something for every interest and budget. See what will work in your community. Is there a market for this business in your area? How will you reach your target customers? Do you require special permits? Conduct your own due diligence research to see if one of our top twenty businesses is viable for you.
Food businesses are hot and you don’t have to be a five star chef to get into the food industry. There are plenty of ways to get started with a food business of your own! Food definitely deserves a place on our list of top twenty businesses.
If you make a food product, sell it! Bottle that sauce, offer your custom cakes for sale or create fabulous dinners in your client’s home as a personal chef. Make sure you investigate the rules and regulations involving selling food products that you make at home. In some states you will need a Food Handler’s License. It is similar to taking a permit test to get a driver’s license.
Call the county clerk’s office in your area and see what the regulations are and you can find them online at your state’s website.
You might also have to have your home kitchen inspected by the Health Department.
You can also sell food from an established business that already has a Food Handler’s License. You can purchase sandwiches from a local food shop or deli, for example, and then resell them for a profit at industrial parks, sport fields, etc. See if you need a permit to sell food in a public space. Again, the county clerk can answer these questions for you.
You can also bake bread for a local restaurant or catering company, bottle your salad dressing or pasta sauce and sell it at local crafts fairs and food markets. Check out the laws and print up a label of ingredients for your sauce and dressing. Go online conduct your own due diligence research to check out the requirements in your state.
■ PARTY SERVICES
Businesses that cater to parties always seem to do well no matter what shape the economy is in and there are plenty of options to consider in the party services business category.
Have you been told you make a great host? Consider starting a party planning enterprise. The Event Planners Association is a great website to investigate for ideas and options. Visit http://eventplannersassociation.com/ to see their information on a wide variety of events.
If you love cocktails and even like to invent your own, why not become a freelance bartender? You can attend one of the many bartending schools located throughout the United States. Just search for Bartending Schools online and see what is available in your region. Some bartending schools offer “intensive study” so you can get your certificate of completion right away. Going to a bartending school is not a requirement to launch your own freelance bartending service, but it could help you establish credibility and make it easier to take on gigs as a bartender for a local caterer.
Other small business possibilities include: photographer, florist, dish and glass rental, chair and table rental, tents and DJ. If you are an excellent cake maker consider starting your own custom cake business.
You can also run a fun photo booth. Mojo Photo Booth offers The Original Portable Photo Booth that has been a hit at many weddings, parties and events. The booth packages begin at $3995 and take only 15 minutes to set up. They fit in any passenger car and can be run by one person. You can even purchase the booth and then rent it out to wedding planners and other party planning or catering operations. The company website can help you learn more. Visit www.mojophotobooth.com or call 888-484-MOJO (6656).
Small businesses that cater to kids are hot moneymakers. Parents don’t have enough hours in the day to take care of every programmed event for their children. Music lessons, sports activities, after school clubs, dance class, planning birthday parties, schools and tutoring are just a few options. Parents need help.
A number of stay-at-home Moms have launched day care centers in their homes figuring if they are home taking care of their own kids, why not get paid to watch and care for a few more. You’ll need supplies ranging from diapers and food to play things. You’ll need liability insurance and a waiver form for parents to sign. You might even need help and have to hire a few assistants to help you. Check with your local country clerk’s office to see if any special permits are required in your region of the country.
If you excelled at a subject in school or can play an instrument, consider giving classes or lessons. If you teach to a group, you’ll make more money in one hour than if you offer individual instruction.
Tutor in the child’s home to save on dressing up your own facility. Less liability, too, with this option.
If you enjoy kids but don’t want to be involved in a business working directly with them, consider starting your own Friendly Songs small business. You offer personalized music and gifts. You sell singing stuffed animals to your customers and CDs that have customized names for the children.
■ WEBSITE SALES
If you are online you can see how many sales are generated by websites. You can launch your own website and sell a product that you’ve created or sell a product that you purchase wholesale from another company. Selling online today is the equivalent of a modern day mail order venture. More than 191 million shoppers in the U.S. buy goods online. More than 87% of the world’s population has shopped online. This is a global market for your products.
There are plenty of “drop and drag” affordable websites that offers easy to use tools to create a website in less than an hour. Yola.com, weebly.com , squarespace.com or 1and1Internet.com are just a few examples of web hosting companies with tools that you can master.
What types of products interest you? If you are a biker, sell a new type of bike lock, seat or helmet. Get involved with products you love and make your small business interesting and fun.
If you are a musician, sells music books or tools to fix guitars. You can even tie in with MusiciansFriends.com and become an affiliate. You place ads on your website for their products and if a visitor to your site goes to MusiciansFriends and buys it, you receive a percentage of the profits.
Amazon.com has a similar affiliate program that you can investigate.
You can visit the alibaba.com website to view products that you can purchase from overseas and China. You should be cautious of making transactions with companies that have not been referred to you or that have a poor rating online. Google the company first and check out any complaints or negative reports. Do your homework before you purchase anything and avoid being ripped off later.
You can even start a business building websites for the almost 88% of small business owners that don’t currently have them. Investigate the website hosting services, learn the tools, build one of your own to promote your business and start selling to local entrepreneurs.
■ JUNK HAULER
If you own a truck, you have the basic tool you need to launch your own junk hauling service. Many people don’t have a truck or van to take their discarded items to the local dump or recycling facility.
Small business owners also make up your target audience. They could have recyclables that need to be carted away along with old chairs, filing cabinets and equipment.
Brian Scudamore started the 1-800-GOT-JUNK company back in 1989 and today it is the world’s largest junk removal company. Visit their website to see what they do and how they do it: www.1800gotjunk.com. You can start a high-profit business based on junk!
■ MAIL ORDER
You can make money by selling goods through the mail or from your website and it has never been easier to get started. There are plenty of exciting options for even the first-time entrepreneur with no experience. You can sell your goods to a global audience. The first thing you need to find is a product to sell on your site or from your mail order ad.
A good source for your startup is “How To Become A Mail Order Millionaire,” by Fred Broitman. Fred Broitman is a well-known mail order authority and principal at Sunman Direct, Chicago’s largest independently owned Direct Response Advertising Agency.
Broitman’s book is a comprehensive
manual to help you start, run and manage your own mail order business using the Internet. You’ll learn about how to find a great product to sell, how to create winning ads and how to establish your online presence and maximize search engine optimization that will drive customers to your website.
The mail order manual is available via mail order and at select conventions. For a limited time only you can buy the guide for $29.95 plus $3.50 for first class postage and handling. Send a check or money order in the amount of $33.45 to Superior Press, 333 N. Michigan Ave., Suite 1032, Chicago, IL 60601. To learn more You can also visit www.becomeamailordermillionaire.com.
■ PERSONALIZED PRODUCTS
Start your own business making high profits on goods that are personalized. You can work with everything from candy wrappers and personalized water bottles to key rings, badges, signs and even customized songs for children.
You can sell these items from your own with a website or by placing a mail order ad. You can also sell from a space in another person’s store. This is called “piggybacking.” You can establish a booth at a crafts fair or flea market. Rent a kiosk in a mall during the busy holiday season (if you don’t have the funds to rent the booth all year long.)
If your products are targeted to a particular market—weddings—for example, contact caterers in your area and show them your product line. See if they would offer their clients what you have to sell and give them a commission on the sales. If you have personalized labels to put on candy or water bottles for a wedding party or other event, the caterer might want to include this in their “party package.”
Children are a large market for personalized books, stuffed animals and musical CDs.
The promotional products industry is a $20 billion industry and growing every year.
A major activity around the world is sports! If we are not playing sports, we are watching and wearing the logo items of our favorite teams in our communities and schools as well as pro teams.
SportsLife Enterprises can help you establish your own small business selling sporting goods and promotional items to local schools, corporations, clubs, special events, small businesses and more. You can offer screen printed or embroidered pieces ranging from hats and sweatshirts to ref’s shirts and custom uniforms.
Source: Small Business Oportunities
Oct. 6, 2014 | SBO Editor