With an economy that’s struggling, every small business owner is looking for ways to increase profits, save money and improve efficiency. The good news is there are plenty of ideas that you can find in books and articles. But rather than cover the obvious ones, in today’s tough economy you need new and creative ways to save. Go paperless You can lower storage…
Are you a stay-at-home mom (or dad)? Hoping to kick start an entrepreneurial dream or simply looking to bring in some extra income? Starting a home-based business is a great way to do this. In fact, 52 percent of U.S. companies operate as home businesses (source) and many of today’s biggest brand names were established by stay-at-home moms – (Dorothy) Gerber…
Rural Small Business Ideas in Kenya – Jomo Kenyatta, Kenya’s Founding Father, was known for his insistence that people should go back to the farms and start self-sustaining ventures rather than clog up the city streets begging for jobs and assistance. True to Mzee’s words, those who embraced this idea eventually built big empires for themselves and today they…
Are you searching for small scale manufacturing business ideas? Here we put a list of selected 50 most profitable small scale manufacturing business ideas. Product manufacturing is one of the most popular business formats globally. And this is one of the most lucrative sector revenue wise. However, in general, manufacturing business demands reasonable capital…
Shared art studios and galleries, like the ARTesian Galleries in Sulfur, Oklahoma, extend the sharing and networking benefits to artists. They go mobile with trucks, trailers & social media In big cities, “food trucks” and “trailer shops” have become an accepted and popular part of the retailing ecosystem. Rather than depending on having a market in one…
If you’re anything like me, you’re constantly thinking about different business ideas and models that could work out. Through either addressing an unmet need or making something better or inventing the next Facebook, you could be deriving a nice side-income outside your routine day job and have an eventual payday down the road when you want to quit or move on…
You can only cut your spending so much. The fastest way to a bigger bank account and eventual financial freedom is earning more money. If you want to get serious about starting a business—perhaps online like Money Under 30 and thousands of other successful blogs, courses, and membership sites—I strongly encourage you to check out Ramit Sethi’s materials like…
Big Ideas for Small Business is a national peer network led by the National League of Cities (NLC) that aims to accelerate efforts by local governments to support small businesses and encourage entrepreneurship. This direct peer-to-peer engagement expands the capacity of city staff to explore common challenges, share proven strategies, and collaborate on new…
Have you been wanting to start a business but didn’t know what to take a dig at? Don’t have enough capital to start something? Worry not, we have you covered. We have put together a list of unique and cost-effective small business ideas that will get your inner entrepreneur all excited! What’s more? We also have a checklist on how to get started. Ready? Let’s…
Small businesses usually can’t afford the lavish marketing budgets that bigger brands take for granted. That’s why small biz owners must be creative, determined and compelling when promoting their business. The good news is that there are plenty of useful marketing methods that will generate great results for your business without costing you a dime. You can…
Towel Making I have witnessed the success of my own friend in this business. He lives in Surat, he started with one machine and now he is successfuly running his manufacturing unit with more than 50 machines in less than 4 years. Cost of one towel manufacturing machine is between 5 lakhs to 20 lakhs, cost is dependent on machine features and quality of towel…
Beware of asking yourself what would be a good business idea , because then you ll fall into the trap of coming up with ideas that sound good but don t actually work. What you ought to do instead is to make a long list of all the problems you can identify. What s stupid or lousy or annoying about the world around you? Then show your friends the list, and ask…
So when you re looking for small business ideas, whether because you want to invest in one or because you want to start a small business of your own, the state of the economy will play a significant role in your decision. Here are what I think are the best small business ideas for small businesses to start or invest in tough economic times. 1. Auto Repair People…
A business is always the best alternative to the ever elusive jobs. However, the success of the business depends on very many factors and most businesses have already failed even before day one. Both big and small business ideas in Kenya tend to fail, if poorly implemented. A research by the Harvard Business Review studied thousands of failed businesses to determine…
Small business franchises come in many shapes and sizes, from nationally recognized household names to locally grown niche businesses. Choosing the right small business opportunity to invest in is an important decision that can be overwhelming, perhaps even daunting. Franchising.com is here to help. We ve put together the most comprehensive directory of franchises…
Telecom, Payments, Tours & Travels business are growing by leaps and bounds. I believe online retail service industry which supports this business have good scope of growth. And to start a service based business will be more beneficial rather a product based of manufacturing business. In product or manufacturing business one needs big capital to invest…
The Small Business Innovation Research (SBIR) program at the U.S. Department of Agriculture (USDA) offers competitively awarded grants to qualified small businesses to support high quality research related to important scientific problems and opportunities in agriculture that could lead to significant public benefits. The program stimulates technological innovations…
Have you ever wanted to start your own business? If so, you realize that there are a lot of risks involved, not to mention that it may require you to take out a loan or quit your current job. While that sounds great on paper, not all of us can completely give up our 9-to-5 jobs. You can, however, start a side business and keep working on it until it has enough…
Okay, having provided a detailed analysis of the legal requirements, market feasibility and every other thing it takes to start a business in Canada and a series of industry-specific sample business plan templates; here is an in-depth analysis of the top 50 best small business ideas in Canada for 2016. So put on your entrepreneurial hat and let’s proceed. There…
Medtech Image (c) Jose Luis Pelaez Inc/ Getty Images Medtech, the business of creating and producing medical devices, has never been more accessible to just about anyone. The combination of inexpensive resources such as 3D printing and open-source software and hardware make producing prototypes much less costly. And the medical technology market is booming. The…
Small Business Saturday is over, but it’s not the only opportunity for local small businesses to capture customers’ dollars this holiday season. Whether you’re a retailer, restaurateur or own a service business such as a hair salon, there are plenty of opportunities to market your biz for holidays. Here are 22 ideas to get you started. Check in with last year’s…
The best business opportunities for women who want to work from home need to involve little to no startup capital, and minimal risk. Industries that remain strong even during tough time include ​services that can save other companies money, and child- and pet-care related products and services. You should also love what you are doing - it is rare to encounter…
Dan Horan Five Acre Farms CEO Dan Horan took his time coming up with a plan to disrupt big agribusiness. After starting his own organic farm in 1990, he spent nearly 20 years refining his vision, pivoting from an initial plan to own or franchise many small farms to a more efficient plan to partner with farmers and distribute local farm products in supermarkets…
Being a country with a very stable economy, Australia is a very fertile ground for small businesses. According to the MYOB Business Monitor, business confidence is growing in Australia, especially among small businesses. Though the fact remains that there are challenges to starting a business in Australia, most of these challenges are usually overcome by small…
