Archive for April, 2010

What You Should Know Before Starting a Plumbing Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting a Plumbing Business Business Overview:

If you are a skilled plumber wanting to make your own hours and be your own boss, you should start a plumbing business of your own. If you’ve spent any time working for a plumbing company, you know the demand is always high for plumbing services. And as houses continue to age, problems will occur more and more often. The only real issue you’ll face in this business is getting your name out there. Once you have a few satisfied customers, word will spread and you’ll have all the business you can handle. But before you quit your current job, you need to do some research into how to start a plumbing business. You should work on a business plan that outlines whether you will try to purchase a franchise business or if you’ll start from the ground up. A franchise will come with equipment and may even come with a truck or van. If you don’t buy a franchise, the start-up costs are relatively low since you likely already own most of the equipment you will need. And what you don’t own, you can rent specialized equipment on those rare occasions when you need it. As your client list grows and your days fill up with jobs, you will need to hire plumbers to help complete the work. As you can see, if you’re looking for a great business idea, a high quality plumbing business can be a really smart business to get into.

A Day in the Life of a Plumbing Business Owner:

Your day will begin with a check of your scheduled appointments. You will go to your appointments and diagnose the problem and then make the repair. You will likely get calls throughout the day from other clients needing your services. If you have plumbers working for you, you will assign them certain jobs and check on their progress periodically. You will spend a portion of your day marketing your business. This will be in the form of placing advertisements, talking with clients about your referral program or leaving fliers in home improvement stores. At the end of the day you will record the day’s income.

About Your Customers:

Your customers will be homeowners, landlords or office managers who need high quality plumbing service.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Truck or van
  • Various plumbing supplies
  • License and insurance
  • Plumbers (optional at first if you choose to do the work yourself)
  • Computer with finance software

The Good:

  • Demand will always be high for plumbing services.
  • You are likely to get repeat business from customers pleased with your service.
  • The real investment in this business is labor, which you can charge top dollar for if the results are favorable.
  • You don’t have to work in an office all day.
  • You can work as much or as little as you like.

The Bad:

  • The hours can be long.
  • It can take some time to get enough customers to turn a profit.

Resources:

Start This Business Today:

To start a plumbing business today, we recommend you purchase How To Make A Fortune In Your Plumbing Business In 10 Easy Steps. This comprehensive book has all the information you need including the best ways to market your business, how to beat your competitors, how to use the Internet to get customers, and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags: , ,

How to Start a Home Remodeling Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Home Remodeling Business Business Overview:

If you are great at building things and making repairs and you’re looking to start your own business, you should learn how to start a home remodeling business. The home improvement industry is booming thanks to cable network shows and the proliferation of home improvement mega stores. These days it seems many homeowners are trying to make improvements themselves. However, it’s often the case that an unskilled homeowner isn’t qualified to make extensive renovations and needs to hire a professional. This is why starting a home remodeling business is such a great business idea. But you should know that having skills and desire isn’t enough to have a successful business. You also need a home remodeling business plan to help focus your efforts and make sure you don’t waste time. Your business plan will outline what services you will offer, your pricing structure and how you plan to market your business. You’ll also need to decide if you want to hire a staff to help you with your renovations. Taking on a remodeling job, even a small one, can be tough to do on your own. A staff of employees or hiring subcontractors will help you be able to focus on marketing your business. You will still meet with clients and spend time at job sites but not having to do the actual work all the time frees you up to focus on obtaining more remodeling jobs. The best part of having your own home remodeling business is you can initially take on jobs in your spare time. As the word spreads about your topnotch work, your client list will grow and you’ll be able to focus on your business fulltime.

A Day in the Life of a Home Remodeling Business Owner:

As the owner of your own remodeling business, you will first check your schedule to see what jobs you will be working on that day. You will stop by the store on your way to the job site to pick up any supplies you may need. You will meet with your crew on-site to make sure the project is on track then you will be able to go work on marketing your business. Then you may want meet with local home improvement stores and find out if you can be on their referral list. At the end of the day, you will check in with your workers to check the progress of that day’s job(s) and take a look at your finances to make sure everything is on track.

About Your Customers:

Your customers will be homeowners and apartment and condo owners and managers needing high quality home renovation work done.

What You Need to Start:

  • Business plan
  • Marketing plan
  • License and insurance
  • Tools and supplies
  • Truck or van to transport larger items

The Good:

  • Demand for this type of business is high.
  • You can work as much or as little as you want.
  • You can partner with other contractors to get more business.
  • You can charge top dollar for high quality work.

The Bad:

  • Home remodeling is hard work.
  • You will need some patience (and some reserve capital) while you wait for your business to turn a profit.

Resources:

Start This Business Today:

To start a home remodeling business today, we recommend you purchase Start Your Own Home Remodeling Business. This complete kit includes everything you need to know to start a successful home remodeling business. You’ll learn about start-up costs, the best ways to advertise your business, the advantages of working with subcontractors and suppliers, and much more. For more information or to purchase this HIGHLY RECOMMENDED package, click here.

Technorati Tags: , ,

How to Begin Your Own TV Repair Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Begin Your Own TV Repair Business Business Overview:

Listen up all you television aficionados, it’s time you consider putting your skills to work for you and learn how to begin your own TV repair business. In order to get started in a business like this, you’ll want to have an interest in learning about and fixing all sorts of televisions, though most of your models will be LCDs. Even people that are highly focused on re-using and recycling know that it often costs more to fix an older cathode ray TV rather than to purchase a new LCD model. A large majority of your business will be LCD TVs. You’ll want to ensure you have the proper tools required for fixing television electronics, but the good news is that you can start your repair shop right out of your home. If you choose to expand your business you can certainly rent or buy space to have your own TV repair shop, but it’s not necessary. To protect your business you should have business insurance and register with the Better Business Bureau. As you get your company ready for business, you will want to do some advertising to find customers. Business cards are always a good idea, as are small listings in local papers. You might even leave posters on local bulletin boards that allow for small business advertising. As word spreads of your ability to save people money by prolonging the life of their televisions, your business will grow too. You might even help potential customers realize that it’s environmentally responsible to repair their current LCD TVs rather than to toss them and buy new ones. If your “green” business really takes off, you might consider hiring an assistant or employees to work for you. Solo or not, this is one business idea that can turn your skill with TVs into a successful business.

A Day in the Life of a TV Repair Business Owner:

Each day in a business like this will bring new adventures. You will want to start each day with a review of your jobs. You might have several machines lined up for repair in your own home, or, if you will make house calls, you will need to have clear directions to your jobs as well as a window of time you can tell your customers to expect your arrival. Before you tackle any job, you will need to have all your tools in proper working order. You will also want to ensure you have a reliable answering machine or voicemail component on your business phone so that you can get new customers even while you’re working. At the end of each day, you will need to return any potential customer phone calls, tidy your repair area, and review your expenses to guarantee your business is in the black.

About Your Customers:

Your customers will have heard of your business through a satisfied customer or from your advertising, and will be in need of television or television accessory repairs. They will likely be interested in saving money and investing in the TV they already have rather than purchasing a new one.

What You Need to Start:

  • A business name
  • Business insurance
  • Tools for TV repair
  • A business phone number
  • Advertising and business cards
  • Financial-tracking software

The Good:

  • If you like televisions and electronics, you can build a lucrative business based on a hobby.
  • You can work from home or make house calls, depending on your preference.
  • You can to hire employees to work for you, if you choose.
  • The business can be billed as environmentally responsible, especially if you take the time to dispose of any e-junk properly.
  • You can ultimately save your customers money when they don’t have to buy a new TV.

The Bad:

  • Between the constant advances in television technologies and the consumer demand for new equipment, you might have to convince potential customers to fix the TV they have rather than buy a new one.
  • With so many technologies available, you will have to be a jack-of-all-trades in order to have an effective business plan.

Resources:

Start This Business Today:

To start a TV repair business today, we recommend you purchase a membership to LCD TV Repair. This comprehensive membership site will tell you everything you need to know about starting a TV repair business including training manuals, service manuals, LCD TV inverter secret information and much more. For more information, or to purchase a membership to this HIGHLY RECOMMENDED membership program, click here.

Technorati Tags:

Why You Should Start a Home Salon Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Home Salon Business Business Overview:

If you are an experienced hair stylist looking to break away from the beauty shop scene, you should consider a home salon business. As a hair stylist working in a salon, you might not have the ability to set your own hours and make your own appointments. But if you work at home running your own salon, you can work as much or as little as you want and you can make appointments to work around your schedule. You don’t need to worry if an appointment will conflict with a doctor’s appointment or picking up your kids from school. Some salons insist on taking walk-in customers; as the owner of your own business, you don’t have to abide by this practice. Working out of your home will require a little preparation so it’s a good idea to have a beauty shop business plan in place before you get too far. This plan will outline what equipment you’ll need to buy and what, if any adjustments you’ll need to make to your home. You will need your salon to have a sink so proper plumbing is needed. Your customers will also need access to a restroom so you will have to make a bathroom visitor-friendly which might mean some cleaning and the addition of some decorative items, new towels, etc. The larger items like a professional hair dryer and a stylist chair can be found at auction or secondhand for much lower prices than purchasing them new. You’ll also need to have a marketing plan in place so the word of your new business spreads throughout your neighborhood and the surrounding areas. Your first few clients will likely be friends and family who can then get the word out and help bring in new customers. With this business idea you’ll find that before too long, your appointment book will be so full you might have to hire an assistant to handle scheduling. You might even have to add a second stylist chair to your home salon and hire a second stylist. A talented hair stylist will always be in demand. And doing what you love in the comfort of your own home will be a dream come true.

A Day in the Life of a Home Salon Business Owner:

Your day will begin with a check of your appointments. You will call clients to confirm appointments and try to schedule future appointments. You will spend some time distributing marketing materials around your neighborhood and trying to get referrals from friends, family and other clients. If you have an assistant or a stylist working for you, you will likely need to send her out for supplies if you start to run low. At the end of the day, you will record the day’s income and prepare for the next day’s appointments.

About Your Customers:

Your customers will be individuals looking for high quality hair care services.

What You Need to Start:

  • Business plan
  • Marketing plan and materials
  • License and insurance
  • Salon equipment (dryer, sink, chair, etc.)
  • Salon supplies (curling irons, curlers, flat iron, etc.)
  • Hair care products (shampoos, hair sprays, gels, etc.)

The Good:

  • You get to do what you love all day.
  • You don’t have to travel to the salon.
  • Working for yourself allows the freedom to make your own schedule and set your own rates.
  • You can charge top dollar for excellent salon services.
  • The business is scalable to add other stylists and other services.

The Bad:

  • It can be difficult to separate the living area of your home from the business area.
  • Getting enough clients to make a good profit will take some patience.

Resources:

Start This Business Today:

To start a home salon business today, we recommend you purchase Home Salon Success. This complete training course will give you excellent insight into the best practices of starting a salon business in your home. You will learn what salon services are most popular, the best ways to attract customers, how to use promotions and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags: ,

How to Start a Landscaping Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Landscaping Business Business Overview:

If you are an able landscaper tired of working for someone else, find out how to start a landscaping business so you can be your own boss and keep the profits. Working for a larger company often means you do all the work, get only a small portion of the profits and have no say in how the business is run. Starting a landscaping business is the perfect way to utilize your skills and have the freedom to make your own business decisions. How you market your landscaping business will mean success or failure. Without enough clients at the right price points, you cannot make a profit. It is imperative that you learn how to properly market your new business. The good news is, the demand for landscaping services is always going to be high and once you have a good base of customers, you will likely get plenty of referrals. Your marketing plan will be one major portion outlined in your landscaping business plan. Another item you will need to include in your plan will be who will be doing the majority of the actual landscaping. You might decide to hire a landscaping staff and have them do all the work while you run the business from home. In fact, as you grow this business idea and you are able to add more equipment and more employees, you won’t be able to be on every job site. Managing your crews from home, with occasional drop-ins to check on job quality and consistency, will be the best option. When you look into how to start a home-based landscaping business, you will find answers to questions about the pros and cons of buying a landscaping franchise. The cost may be more up front but you won’t have to bother with buying any equipment and the franchise may even come with employees. Whether you focus your business on corporate, civil or residential clients, high quality services, good prices and an excellent marketing strategy will translate into a successful landscaping business.

A Day in the Life of a Landscaping Business Owner:

As the owner of a landscaping business, you will need to check the appointments for the day and talk to your crew to make sure they know where to go and when to be there. You will talk to your crew throughout the day to check on the equipment and supplies. You or your employees will need to stop at your local nursery or greenhouse for plants, trees, etc. that they’ll be using that day. You will spend a portion of your day marketing your business by making contact with local nurseries that may need extra landscaper business to take on their overflow work. You’ll continue marketing by visiting local condo associations and businesses to present your landscaping services, or by speaking with homeowners, one-on-one, to let them know of the great services you offer. You may also place ads online and in the newspaper and discussing referrals with clients. You will need to look at your finances and make sure all your invoices have been sent out and all your bills have been paid.

About Your Customers:

Your customers will be office managers, real estate professionals, apartment and condo managers, and homeowners who need high quality landscaping services.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Truck with trailer
  • Various landscaping tool and supplies
  • A good relationship with several local nurseries and greenhouses
  • License and insurance
  • Computer with finance software

The Good:

  • Running your own business can be very rewarding.
  • As the business owner, you don’t have to do the manual labor any longer.
  • Once your marketing plan kicks in, you should have plenty of business to make a good profit.
  • You get to spend your day dealing with a business you enjoy.
  • You can work as much or as little as you want.
  • If you like to be outside, you can spend a good part of your day onsite where your employees are doing the work you’ve assigned to them.

The Bad:

  • Hiring a skilled staff of employees can take some time.
  • Inclement weather can hinder the jobs on some days and cause this to be a seasonal business if you live in the Northern climate.

Resources:

Start This Business Today:

To start a landscaping business today, we recommend you purchase The Ultimate Landscapers Marketing System. It’s a complete marketing guide that includes tips on how to tap into the markets represented by property managers and real estate agents, how to set up a referral system, how to make a website work for your business and much more. For more information or to purchase this HIGHLY RECOMMENDED marketing system, click here.

Technorati Tags: , , ,

Compassionate Care: Starting an Elder Care Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting an Elder Care Business Business Overview:

If taking care of others brings you great joy in life and you’re looking for a new business idea, you should look into starting an elder care business. As the baby boomer generation ages, not only will these individuals start to need help with day to day activities, but they are already having to care for their elderly parents. Often children are faced with caring for their aging parents from a great distance. An elder care business could act as a liaison between parents and children. This business is not only rewarding but very inexpensive to start up. All you need are a few employees and some marketing materials. As your client base grows, you can hire more employees to handle the demand. Before you get started, you should write up a business plan that outlines what services you will offer. Services can range from grocery shopping and housekeeping to companionship and transportation. You can focus your business on as few or as many services as you’d like. Your business plan will also define your marketing strategy. You may reach out to local churches, support groups, community centers and any place the elderly or their families might gather. Word of mouth marketing will be vital to the success of your business so you must offer topnotch customer service to your clients and their families. If your first few clients are pleased with your services, your client list will grow and you will have plenty of business to ensure your success.

A Day in the Life of an Elder Care Business Owner:

As the owner of the business you will meet daily with your employees and review their assignments for the day. You will spend some time discussing each client with his or her assigned helper to assess any new needs that might arise. Once your employees have gone out to meet their clients, you will spend a portion of your day marketing your business by making phone calls, placing ads in local magazines or leaving fliers where both the elderly and concerned children of aging parents might see them. You will want to talk to each of your clients on a regular basis to make sure they are happy with the services they are receiving and to see if there’s anything else your business can do to help them.

About Your Customers:

Your customers will be elderly adults who need assistance with various day-to-day activities such as changing light bulbs or a ride to the doctor’s office. Your customers might also be children of elderly adults who need someone close to their family members to help them.

What You Need to Start:

  • A desire to help care for the elderly
  • Business plan
  • Marketing plan and materials
  • Employees
  • Computer with finance software
  • Licenses and insurance

The Good:

  • This business is extremely rewarding.
  • It is inexpensive to start an elder care business.
  • Most of the tasks your business will be asked to do are simple.
  • Your return on investment can be quite high.
  • Since your employees will be doing most of the work, you can concentrate on marketing.

The Bad:

  • Finding employees who are as passionate about elder care as you are can take some patience.
  • It can be difficult to watch the struggle children go through as their parent’s age and they find they can’t always be there to help.

Resources:

Start This Business Today:

To start an elder care business today, we recommend you purchase Become an Elder Care Provider. This excellent book has all the information you need to start your elder care business. You will find chapters on managing in-home services, organizing medical forms, medical conditions to be familiar with and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags:

How to Start a Freight Brokerage Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Freight Brokerage Business Business Overview:

If you’re tech savvy and you possess strong communication and organizational skills, learn the logistics of how to start a freight brokerage business. The business itself is similar to any brokerage venture whereby you are the go-between for a buyer and a seller, but the unique requirements of an operation like this call for a solid freight brokerage business plan in order to succeed. So here’s what you need to know: As a freight broker you will connect businesses that need goods shipped with trustworthy, authorized carriers. Your job is to play Cupid with the two businesses and ensure that the transaction between them goes smoothly and that both parties are happy with the results. You get paid a commission to be the facilitator for their relationship. Again, if you’ve got good management skills you might be ready to start your own freight brokerage business, but you will definitely need to learn the particulars of the shipping industry. You will also need to gain contacts on both sides of the shipping business—carriers and clients—so you have key people you can count on to make your job easier. The best part of this business idea is that all of the relationship building and logistical organizing can be done from your home office with your computer, telephone, and fax machine.

A Day in the Life of a Freight Brokerage Business Owner:

Your typical day will consist of keeping close contact with your clients to make sure that all of the details are in place for the upcoming ship date. This might require you to place multiple phone calls and/or email to get everything set in stone. You will also want to ensure all parties have signed off on the contract or surety bond you will have put in place outlining the details of the transaction. In the meantime, you will also want to secure future business—this is where your company’s good reputation and word-of-mouth will serve you well. You might also consider advertising your brokerage service if you need additional clients. It’s likely some days will be filled with communication and operational details while others will leave you with plenty of free time to spend as you like.

About Your Customers:

Customers of a freight brokerage business will be companies that have goods to be shipped and cannot or do not want to worry about the shipping details, as well as authorized shippers who can provide the service for a competitive rate.

What You Need to Start:

  • A business license
  • Business insurance
  • A business contract or surety bond
  • Home office equipment
  • Clients

The Good:

  • You can work from your home office.
  • Startup costs can be minimal, especially if you don’t formally advertise.
  • You can broker as many deals as you can handle.
  • Once you have solid carriers in place it becomes quite easy to match them up with the right business.
  • The business can be very lucrative.

The Bad:

  • You might have to work very hard to get your first clients.
  • The business can be stressful, not only in managing your clients’ transactions but also ensuring you’ve taken care of all the details effectively.

Resources:


Start This Business Today:

To start a freight brokerage business today, we recommend you purchase Success Strategies to Build Massive Income as a Freight Broker, a comprehensive e-book that includes manuals, video presentations, and handouts to help you learn the business quickly. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags: , ,

Running Your Own Coffee Cart Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Coffee Cart Business Business Overview:

If you’ve ever bought a fantastic, hot cup of coffee from a coffee cart and thought “I can do that,” you should look into starting a coffee cart business. Conventions, sporting events and fairs of all kinds are attended by individuals who want a great cup of coffee. Having a mobile coffee business allows you the flexibility to go where the traffic is. Wherever there is a group of people gathered, whether they are business people, farmers’ market shoppers or football fans, coffee will be in demand. It is not only universally consumed across all social and economic levels, it is also one of the few items that is in demand throughout the day. When you set up your coffee cart, you may see the same people over and over throughout the day. Repeat business lets you build relationships with your customers and keeps them coming back for more. As you can see, the mobile coffee business has great potential but before you get too far, you should create a coffee cart business plan. This plan will outline whether you want to buy a franchise or start your own cart. You will also figure out how much inventory you need to have in order to keep up with demand and make a profit. You will also need to think about hiring staff to help. The need for additional staff will depend on the scope of your business idea and how large your cart is. Thinking ahead, you can add carts and staff to your enterprise and soon you may be able to stay home while your employees do all the work. But at first you can run your new business part time while you establish relationships with various event organizers. Before long, your coffee cart will be a familiar and welcome sight to coffee drinkers all around town.

A Day in the Life of a Coffee Cart Business Owner:

Your day will start with a check of your calendar to see what events you need to attend that day. If you work alone, you will need to check your supplies and make sure your cart is clean and ready to go. You will mobilize your cart to that day’s venue and wait for customers to line up. If you don’t have any events that day, you will spend some time marketing your new business by calling various convention centers, sporting arenas and other places large groups of people gather. If you work with a staff, you will make sure they have their location assignments and have all the supplies they need to go out. At the end of the day, you will need to record that day’s sales and shop for any supplies you need for the next day.

About Your Customers:

Your customers will be coffee lovers wanting a high-quality and convenient cup of joe.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Coffee cart
  • Vehicle to transport coffee cart
  • Coffee
  • Other ingredients (milk, sugar, flavors, etc.)
  • Cups, napkins, stirrers, etc.
  • Computer with finance software

The Good:

  • Making coffee is easy.
  • Coffee is always in demand, several times a day.
  • You can charge top dollar for your coffee so your return on investment is high.
  • You get to work with people all day.
  • You can work as much or as little as you want.
  • This business is easily scalable.

The Bad:

  • It can be relatively expensive to get your business up and running.
  • Making and serving coffee all day can get repetitive.

Resources:

Start This Business Today:

To start a coffee cart business today, we recommend you purchase Coffee@Events: A Guide to Setting Up and Operating a Mobile Coffee Business. This complete resource has valuable information about how to make deals with event organizers, the basics of how to make good cup of coffee, how to keep your costs down and much more. For more information or to purchase this HIGHLY RECOMMENDED ebook, click here.

Technorati Tags: , ,

How to Open a Consignment Shop as a Used Clothing Store

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Open a Consignment Shop Business Overview:

If you love high fashion and low prices and would like to offer that combination to others, you should consider learning how to open a consignment shop. How many times have you given clothes away because they didn’t fit anymore or your tastes had changed? So many people have had the same experience, which is why consignment shops selling gently worn clothes are so popular. When you start thinking about how to open a consignment store, you may wonder where to get your initial inventory. You need to have a fairly full stock before you first open your store, and that’s the first challenge you will face with this business idea. It’s an easy one to overcome, however. You can find inexpensive used clothing at other consignment stores, garage sales, rummage and tag sales, on eBay and at clothing fairs. There are many details to be attended to when figuring out how to start a consignment business so it’s a good idea to have a business plan. This plan will outline who your target market will be, how many employees you will need to hire, if you will buy a franchise, etc. Another detail for you to iron out is what percentage of each sale you will offer to your consignees. If you buy a franchise, these details will be all spelled out for you. If you don’t buy a franchise, you will need to determine these factors for yourself as well as secure items like clothing racks, a cash register and display cases. You can find many of these items at auctions and garage sales. While opening a consignment store will take a bit of work up front, once your stock is in place and you have spread the word, you will have consigners lining up to work with you. The great news is that many of the same people that will bring you clothes to sell will also stay to shop.

A Day in the Life of a Consignment Shop Owner:

You will begin your day by making sure your displays are in order and that items are priced correctly. Then you’ll want to make sure your store is clean and your staff is in place on time. During the day you will be dealing with customers bringing you inventory. You’ll need to negotiate pricing with them and display the clothing appropriately. You will also work with customers wanting to buy clothing. At the end of the day, you’ll go through your inventory to make sure everything is in order. You’ll then want to be sure to record all the day’s transactions in your finance software or to have your bookkeeper do that for you.

About Your Customers:

Your customers will be individuals looking to sell their clothing items in your store (for a percentage of the profit) and individuals looking to buy clothing items in your store.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Storefront
  • Clothing
  • Clothing racks and hangers
  • Cash register
  • Sales staff
  • Computer with finance software

The Good:

  • Once everything is in place, running a consignment store is relatively simple.
  • You get to work with people who are happy to be in your store.
  • You’ll have your pick of the some of the finest clothing available—at a fraction of the original retail price.
  • Watching people get a good bargain is very rewarding.
  • Being your own boss means you have freedom to leave the store when you need to.

The Bad:

  • Getting everything in place initially is quite time consuming.
  • The hours can be long, especially in the beginning while you’re training your staff.

Resources:


Start This Business Today:

To start a consignment shop business today, we recommend you purchase The Guide to Opening a Used Clothing Store. This complete guide gives helpful tips on starting a consignment store such as where to get clothing and display items, shows you how to decide on the right location, how to deal with credit cards and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags: , ,

Three Great Reasons to Open Your Own Gemstone Dealer Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Gemstone Dealer Business Business Overview:

Diamonds may be a girl’s best friend, but gemstones of all varieties can bring in such profits that you must consider starting a gemstone dealer business. As an online gemstone dealer, you will locate awesome gems and minerals from places the world over and then find prospective buyers for the gemstones. As the broker of these deals, you will earn your profits when the buyer finds his match—sometimes you’ll even get paid from both sides. One great aspect of a business idea like this is that you can do it from the comfort of your own home. In fact, this online business idea is a little known but lucrative business venture and one that enables you to do all your prospecting from your home office. Another great perk to a business like this is that you can jump in without any startup money; you never actually have to buy or own the gemstones you deal with, you can simply create the buyer-seller relationships and earn your profits. Perhaps the sweetest part of a business like this is the potential. You can earn enough money brokering gemstone sales that you can begin traveling worldwide to buy dirt-cheap gemstones of your own to sell. A business opportunity like this—an international enterprise that you run from your own home—is certainly worth examining more closely to see if it fits your entrepreneurial desires.

A Day in the Life of a Gemstone Dealer Business Owner:

Much of your initial work time will be spent learning the business and learning about gemstones themselves. You will also want to start advertising your service and seeking out potential customers on both sides of the coin—buyer and seller—in order to make your first business exchange. Your business connection will rely heavily on your computer, so you will want to ensure it’s a fast and reliable machine with high-speed internet access. You will also want to consider creating a website or at least you will want to check your email very frequently to establish and maintain your business contacts. When you’ve made a sale and when business takes off, you will need to review your finances regularly. In no time, you might consider making this your full-time business.

About Your Customers:

Your customers will be internationally-based computer users who are either seeking to sell a gemstone or acquire a gemstone for personal or business use. Your job is to ensure both get what they’re looking for and the transaction is seamless—that’s how you make your money in this business. Often your next potential customer will have heard about you from a satisfied customer.

What You Need to Start:

  • A computer with high-speed internet access
  • Business insurance
  • A website (if desired)
  • A primer on gemstone types and on the business itself

The Good:

  • You can work entirely from your home.
  • The initial startup investment can minimal.
  • You can make a global name for your business.

The Bad:

  • Learning the business might take time.
  • Your first sale might not happen immediately.

Resources:


Start This Business Today:

To start a gemstone business today, we recommend you purchase a membership to The Gems Report. Before you jump in to a business like this, you will need some basic information and some good advice. This membership-based online marketplace for gemstone dealers offers tutoring on gemstones, guidelines for business practice, and advice from successful dealers in the business. For more information or to purchase a membership to this HIGHLY RECOMMENDED website, click here.

Technorati Tags:

CONSUMER NOTICE: This is an affiliate ad supported website. That means if you buy something from a link, or ad on this website,
or based on our recommendation, either expressed or implied, we may get paid an affiliate commission. That's how we pay the bills.
Affiliate Agreement | Anti-Spam Policy | DMCA Notice | External Links Policy | Earnings Disclaimer | Privacy Policy | Terms and Conditions | Compensation Disclosure | Refund Policy | Video and Audio Terms

Copyright © 2010 - 2012 Business Ideas and Avenue 81, Inc. Contact Information: Avenue 81, Inc., 2885 Sanford Ave SW #13607 Grandville, MI 49418 USA Phone: (888) 329-4905 Email: claycollins@ave81.com