Great Small Business IDEAS
You can take a small business and turn it into money making enterprises if you are willing to roll up your sleeves and put some elbow grease behind it. Many have low capital requirements and don’t demand expensive and time-consuming training. After exhaustive research, let’s explore the top 15 small low cost businesses for 2013 and beyond:
Auctioneers whip people up to a frenzy so they buy trash they don’t need and pay way more than they should. Auctioneers can really make some serious cabbage but before you jump into this bag you should check with your state government. You might need to be licensed or bonded. And you might consider going to auctioneer school. It only takes about a week and costs about $1, 500. What I love about this business is it’s super easy to grow. You can:
- Run auctions at fairs and charity events.
- Turn a garage sale into an auction. This will make the seller (and you) more money.
- Run a school fundraising auction.
- Manage liquidation and closeout sales for commercial businesses.
Tip: Volunteer at a radio or television station to help on their pet charity auction. This will give you free advertising. “I have $1, 500…do I hear $1, 550?”
Step 3: Join The Club – Join the National Chimney Sweep Guild. This will allow you to attend trade shows, get updates on chimney codes and receive discounts on insurance you’ll need to run your business. You’ll also be registered in the database. This way, Mr. Banks and other customers can find and hire you.
Step 4: Hang Out Your Shingle (Get It?) – Start your own chimney sweep business or go to work for an established company. Build your customer base by advertising. Do you know the last time anyone ever sent me a letter suggesting I have my chimney cleaned? Never. If you send me such a letter, you’ll have your first customer.
3. Garage Sale Organizer
If you love garage sales, why not share the love? Organize and run other people’s sales. Start by deciding how you are going to get paid and be clear on your value proposition. You are going to get clients who don’t want the hassle of running the garage sale, who don’t know how to set prices and don’t want to arrange their junk. Capitalize on these three issues as selling points.