A person who wants to start a business inevitably raises the question of what type of business to do. After all, it is desirable to invest the available capital in such a business, which will provide profit and become a reliable source of income. With the wrong choice, it is easy to lose even the money that is.
If the initial capital is small, then only small business is possible. Examples of successfully operating companies of such a business can be seen everywhere. These are various shops, cafes, hairdressers, photo salons, beauty and health studios, etc.
Provision of services to the population
The service sector attracts entrepreneurs by the fact that it is often possible to open a business here without applying to banks for a loan for initial costs and doing only on their own. Because in this area there are a large number of individual entrepreneurs. Small business (examples will be discussed below) gives them the opportunity to quickly pay back the money invested, and then start to make a profit.
Examples of Successful Small Business Services
Let's start with the most popular activities. Currently, in connection with the widespread use of computer technology, office equipment repair and programming services are in demand. And a person who has excellent knowledge in this area can choose this particular area of work. This also includes a service such as the creation of sites.
The services of tutors in various subjects of the school curriculum are in great demand, especially in connection with the passing of the exam. But knowledge alone is not enough for such work, it is necessary to transfer your knowledge to another, pedagogical talent. And recognized tutors do not need to advertise their services, the demand for them exceeds the supply.
Cleaning is another of the promising areas in which small businesses are moving. Examples of organizations involved in cleanliness both in residential premises and in offices, so far can be seen mainly in large cities. But surely, any housewife will appreciate such services as window cleaning, carpet cleaning, general cleaning before moving, and others, associated with great physical stress and time-consuming.
Traditional destinations
Commerce and catering are very popular in small businesses. There are many opportunities due to the variety of goods offered for sale, and the variety of dishes. Cafes specializing in any national cuisine and fast food enterprises attract a large number of customers.
Beauty and wellness services are widespread. The desire to be beautiful, characteristic of any woman, causes the appearance of various beauty salons with the services of a hairdresser, manicurist, masseur, makeup artist, and stylist. And to keep in shape, you can use the services of various gyms, swimming pools and fitness clubs.
Organization of holidays is also included in small business. Examples are host services for weddings, anniversaries, Christmas tree arrangements and congratulations from Santa Claus and Snegurochka. This is a matter for active and creative people who can captivate and stir others up. And it does not require special costs, except for the purchase of costumes and musical equipment.
Home small business
Examples of home-based businesses are different. It can be small ateliers for manufacturing custom-made clothes, shoes, knitwear. Confectionery or dumpling shops at home are also not uncommon, especially if the area of the apartment is quite extensive. The production of souvenirs is also a promising direction.
In rural areas, it is possible to grow early varieties of vegetables, potatoes, mushrooms, flowers, etc. on the plot of land. This includes the business of breeding thoroughbred dogs, cats, and valuable fur animals.
Using mini-workshops
In small businesses, mini-workshops are the most profitable to work with a number of advantages. They do not require large areas for accommodation, so there is no need to rent a room, paying a lot of money for rent. The mini-shops themselves are not so expensive, they can afford it, even if you take a loan from a bank.
With mini-production it is easier to maintain high quality products, which is important in a competitive environment. And when market conditions change, it is easier for small enterprises to convert them into the production of another product that is in higher demand.
Examples of small and medium-sized businesses using mini-workshops are also diverse. This is the production of food products - bread, cookies, sausages, cheese and dairy products. With high quality and excellent taste, such small business products successfully compete with large manufacturers.
Construction as a business
The second direction, in which there are free niches, is the production of building materials. In connection with the growth of individual construction, such materials as foam concrete, expanded clay, cinder blocks, etc. are in great demand. All these materials can be produced in small enterprises.
The development of the market for repair and construction services is closely connected with this. Services such as the manufacture and installation of plastic windows, the installation of false ceilings are in demand. Cladding of buildings with siding and corrugated board is also in demand, being the fastest way to give them a modern and presentable appearance. Moreover, compared to traditional repair methods, they are cheaper and more durable, which makes them attractive in the eyes of customers. These are great examples of a successful small business.
Business planning
In order for the business that you started to not burn out in the first year, but to become successful and competitive, you need to plan it correctly.
Drawing up a business plan involves several points.
- The right choice of niche in the market that you are going to fill. It is desirable that there are no serious competitors, and it is best that this type of business does not yet exist in this region. And it is very important that the chosen business is liked by the entrepreneur himself.
- It is necessary to choose a prototype company, an example of which can be used.
- Create a business model for the planned type of entrepreneurship , taking into account:
For what circle of consumers is the business planned?
What is valuable to them in your products.
How it will be delivered to consumers.
What exactly will customers pay for.
What resources are needed to implement a business.
What actions are necessary for normal operation.
What partners do you need to do business with.
For what and to whom it is necessary to pay.
- Consider the business from the financial side (initial investments, fixed and variable costs, advertising costs, the planned result in monetary terms).
- Make the first deal.
Business plan example
Now on the Internet you can find various small business business plans. An example is the opening plan of a shooting gallery.
- The main thing is the choice of premises in a crowded place, ideally - near shopping and entertainment complexes. The more people passing by, the greater the number of those who look at the shooting range. If the size of the room is satisfactory (width not less than 6-7 m and length about 10 m), you can safely start, despite the lack of repair, tightening the walls with a camouflage net. Rent will cost up to $ 1,000 per month.
- You need to buy airguns - a few rifles and pistols. This will require the same amount of money, and the purchase of bullets - about $ 50.
- Buy mechanical targets and thousands of paper targets — about $ 300.
- Souvenirs for well-aimed shooters with the symbols of your company - about another 100 dollars.
- Making a rack, refurbishing a room, and taxes will require about $ 800.
With the number of visitors more than 70 people a day, and provided that each of them makes an average of about 20 shots, an amount of at least $ 2,200 is released per month. And after two months of operation, the shooting gallery will already pay for itself and begin to make a profit.
Small business is a source of income for those who create it. And on the other hand, it is a way to satisfy the needs of the population in various goods and services. Therefore, the development of small business is necessary and beneficial for the whole country.