Small businesses can be a great investing opportunity. Read on to find out why.
The world of investments offers opportunities that come in many shapes and forms. Small businesses require more work and risk than many other investments, but the payoff can be huge.
Small businesses are a significant part of the economy and provide jobs for nearly half of the U.S. workforce.
They are also one of the best paths to long-term wealth for you and your family if you choose the right business.
Import/Export Business
Have you seen something while traveling abroad that you’ve loved and you thought maybe people back home would buy? Bring it home and sell it with an import/export business.
Creating Online Store
You no longer need to lease an expensive storefront and buy fancy furnishings to open a store.
You can just open up a storefront online and operate it from your personal computer while sitting at home on your couch.
Hundreds of thousands of entrepreneurs have already opened up their own stores so why shouldn’t you?
Framing Business
This is a great business that you can either run totally online or from a storefront. Customers either ship you or
bring in their artwork or photos and you do the framing. It’s an easy business to start even with no experience.
The key is to make the customers happy so they come back again and again.
Senior Care Business
There’s no question that the population is aging. Senior care homes are expensive, sometimes prohibitively,
and many seniors prefer to stay in their own homes. With some investment of time and money, you can start a lucrative business taking care of senior citizens in their homes.
Hauling Service
Everybody has junk. People moving into or out of houses, people cleaning out houses and people who need to get rid of natural debris such as tree limbs and piles of large weeds could all use someone with a truck to take that stuff away. In heavily wooded areas, trees fall all the time or homeowners have to take them down, and there’s no way to get rid of them once they’re on the ground. You could solve that problem.
Online Affiliate Marketing
Affiliate marketing is an exciting way to see products and services without any of the hassles or actually making the products or providing the services. In fact you don’t even make the sale or process the payment. You just collect a referral fee. Now how easy is that? Plus you can run the business from your home.
Home Based Food Business
Can you cook for an army? You might have your chance if you start a home-based food business.
Unlike a restaurant or even a food truck, with this business, you can prepare everything in your own home and then deliver it to a client—or even have the client come and pick it up.
Promotional Material
You know those coffee mugs, t-shirts and Frisbees companies are constantly giving out at events? Somebody has to make and sell those things. With every startup or small business that wants to get its name in front of customers, there is an enormous opportunity to enter the business of selling promotional materials.
Aslo read : How to start a business online
Security Business
Security guards have an unfortunate reputation in many circles as being incompetent and somewhat brutish. Think you can do better? You probably can. With the right licenses and training, you can start a security company.
Portrait Photographer/Artist
This is one of those business ideas that sounds easy but really isn’t. Don’t let that stop you from getting started, though. Just remember that photos don’t lie, even with effects and retouching. People either love them or hate them, and getting kids and even some adults to sit for shoots is often a difficult task.