Wednesday, September 24, 2014

Lucrative Ideas For A Small Business

One lucrative idea for a small business is web design.


There are many lucrative ideas for starting a business. However, the key is offering a product or service that has mass appeal and repeat business potential. In other words, you want to establish a loyal customer base that uses your service on a regular basis. One caveat is to always research any suppliers or companies with which you become affiliated. Your success depends on any vendor or supplier that affects your business.


Direct Sales


Direct sales is one of the easiest businesses to start. Your initial start-up fees are usually nominal as well. You can sell many products via direct sales, including cosmetics, perfumes, toys, cutlery and storage containers. Services include advertising, security and trash removal. You basically have two options in direct sales: start from scratch or find an established company that offers direct sales dealerships. For example, you could purchase office supplies in quantity at a local wholesale store and sell those products to businesses. Search through business opportunity magazines for direct sales dealers. Many companies will supply you with a catalog, price list, order forms and brochures for $25 to $50. You can sell your products by party plan, directly to businesses or through flea markets and charitable events. Your income potential is contingent upon your efforts in direct sales.


Website Design


Design websites for small businesses and entrepreneurs if you have experience working with websites. Almost every business needs a website. A well-designed website can help even the smallest of businesses compete with large companies. The keys are the layout, functionality and attractiveness of the site. Make sure you are familiar with all the latest graphics like flash, or animated graphics, and adding videos. Companies will want all the necessary tools to demonstrate and inform customers of their products and services. Decide which type of businesses you want to service. Website designers often charge $500 to several thousand dollars for one website.


Dog Grooming


You can start a dog grooming business from home or at a small retail location. The market for dog grooming is huge. Husbands and wives often work full-time then attend their children's sporting events in the evenings or weekends. Therefore, people often have trouble finding time to bathe or groom their dogs. If you own dogs and know groom them, you may have the qualifications to be a dog groomer. Atouchofbusiness.com, an online reference site, recommends you take a local dog grooming course if you do not have experience. You will need to learn property clip a dog's nails, which requires patience and precision. Services you can offer include bathing, shampooing, shaping and trimming services. Dog grooming can be lucrative if you establish a large client base.


Courier Service


There are many small couriers who compete with the larger companies. As a small courier, you can offer more personal service. Target people within a five- or 10-mile radius of your home when starting out. People, particularly older people, often need someone to distribute flowers, greeting cards or packages to people. You can even price your services significantly lower than major couriers when working in a specific area. Your gas expenditures will be nominal. Target small businesses that need pickups and deliveries each day. Keep accurate records of when you pick up and deliver items. Service a particular section of your town or neighborhood first, then move on to an adjacent area. Stick to the same route each day.

Tags: direct sales, compete with, direct sales, have experience, people often, small businesses