A new year, a new you. This is a familiar promise that a lot of people made to themselves back when 2016 was fast approaching. Amongst the most common choices of change, aside from stopping smoking or losing some of that belly fat was the target of breaking free from the rat race and becoming financially independent by starting a business.
It’s no secret that a large percentage of new businesses crash and fail each year. Therefore, conducting as much research as possible and putting an action plan together, before starting a new business is a logical move to make. The first step of your plan should be to decide on the type of business you want to start.
Luckily for you, these top 3 start-up business ideas that I’m about to reveal, all of which require minimal investment,will help you to get those brain clogs turning and possibly spark a lightbulb moment.
Dog Walking Boarding or Sitting Service
No list of start-up ideas would be complete without including dog walking, boarding and sitting. Launching such a service would require very little upfront investment. Pet sitting for example would involve acquiring indoor or outdoor kennels in which dogs could stay whilst the owners are away travelling or on holiday. Offering competitive prices compared to standard kennels along with the added touch of being more personal will help you to stand out from the crowd.
These days, many owners turn to dog boarding over kennels. This is when regular families take on the responsibility of looking after a dog and welcoming it into the family as one of their own for a period of time. No kennels or cages are involved. Therefore, you could consider going down the path of offering a temporary home to dogs with food, bed, toys and treats included.
Putting flyers in windows
Through doors and on windscreens is a common and effective way to promote. Other great ways to get the word out include putting ads in the local newspaper or paying for announcements on radio stations.
Window cleaning is another business idea that requires minimal invest. Get your hands on a ladder, bucket and squeegee and you’re pretty much good to go. Keep in mind however, a car or some form of transport would be required.
In order to build up a customer base of regulars,window cleaning is the type of business that needs to have that up close and personal touch. Quiet often, home owners hire the person they feel most comfortable with, building up a rapport, even a friendship with them is essential and an almost guaranteed way to gain long term business
One of the best way to acquire customers in the first place is by doing some good old fashioned door to door knocking and offering yourself, personality and all, on a plate. You are your own selling point in this game.
Once you have some income coming in, you can then consider investing the profits back in by purchasing more professional equipment such as a high pressure water sprayer which can increase productivity significantly
Mobile Food or Drink Service
Burger vans, sandwich bars and coffee carts are all simple but potentially highly profitable business models. However, they’re only successful when implemented in the correct way. They, like window cleaning also have the benefit of low start-up costs.
Thinking outside of the box is the key with this one. Once you have the equipment you need, perfecting and figuring out your most profitable daily route to take, which may including schools, construction sites or shopping hot spots, is a sure fire way to attract customers.
You can take this type of business in a variety of different directions.Expansion opportunities are also always on the horizon. Restaurants, retailers and offices are all potential clients that can bring a lot of business your way. Businesses are always looking for ways to cut costs, offering them a cleaning service that is cheaper than their current setup is a sure fire way to get their attention.
On the other hand, you may want to go down the path of house cleaning. Although gaining enough customers to earn decent income may take longer, you won’t have to worry about spending a lot of cash on advertising as most business will come naturally through word of mouth.
When people are strapped for cash, they often turn to eBay as a way to make some quick income by selling anything and everything they can find from around the house. However, what some people fail to realise is that eBay is actually a fantastic place to start and build a long term business.
With prices starting at just £19.99 per month to open your own store, you don’t need a lot of cash to get that ball rolling. You could either go down the route of purchasing stock from wholesalers or you could choose to harness the drop shipping model.
Drop shipping, also known as product sourcing is a technique in which you personally don’t carry any stock or store products. Instead, you source the goods straight from suppliers and manufacturers who ship the items direct to the customers. Therefore, you literally don’t need to spend a single penny on inventory and can set up an eBay store that is full of products almost instantly. You also don’t need to post any items which saves you a lot of time.
The supplier handles the entire end of sale process. You simply sell the goods, purchase them from the supplier and sit back while the supplier packages and posts the goods to your customer.
If you wanted to drop ship, the first step is to find a wholesale supplier who is willing and able to deliver direct to customers. Whether you want to sell pet supplies, beauty products, electronics or kitchen appliances, the internet is packed full of reliable suppliers. However, sometimes it can be difficult to find them.
One particular website which is quickly becoming the go to place when it comes to finding drop shipping suppliers and products to sell is DSW Direct. Designed specifically with drop shipping in mind, DSW Direct is a marketplace that connects buyers with suppliers, wholesalers and manufacturers. As a company, they also have their own broad range of wholesale products which can be shipped straight to consumers.
All trading is done directly through the platform which comes with the benefit of being able to trade with multiple different suppliers at a time, using just one website.
With a wide selection of drop ship products on offer, no membership fees and some essentials features including a price and stock tracker, DSW Direct is the website to use when it comes to sourcing products for an eBay business.
There you have it. A collection of various different business ideas, each of which have low start-up costs and require very little to no training at all. No matter what business you plan on starting in 2016, one thing is for sure, you must be willing to put in the hard work and effort to get past the initial learning curve.
You will make mistakes. You May even find yourself reconsidering or regretting the decision to start a business. However, if you stay consistent and motivated whilst having the clear vision of success for your business in mind throughout, no matter how tough things get, it will be worth it in the end.
Freedom is only an idea away.