How to start a business in the USA with low risk and high profit? This is an important question that needs to be answered. In the article, we will consider the most popular ideas for small business and investment opportunities in this country, a detailed analysis of legal requirements, market conditions and everything else that is required to open a business.
US facts and figures that will interest an investor or entrepreneur
There are many facts and figures that make the United States work like a clock. It is not surprising that people move to engage in some form of business in the United States. This is due to the huge resources that the country has:
- Statistics showed that America ranks ninth in the world in terms of GDP per capita, and this is a fairly high standard of living for ordinary people.
- It has also been found that Americans have the maximum household and employee income. In 2010, America ranked fourth in median household income.
- It is one of the leading dealer countries, as well as the second major producer in the world, which means one fifth of world production.
- In the United States, the largest domestic market for goods, as well as leading services. In 2012, according to the findings, total US trade amounted to more than five trillion dollars.
- There are fifty states in America, each of which can open a business.
Starting a business is not a luxury, but a necessity for any person whose goal in life is to make good money, or maybe become a millionaire. This is one of the reasons why people often consider America for starting a business.
Small agricultural business
In America, urban farms are now very popular, for example, for growing tomatoes, which Americans love very much. Opening a tomato growing business is a useful business that does not require large investments. To start it, you need to find out what fruits people usually buy better than others.
This information can be obtained from those who supply seeds and other planting materials. Sellers always have up-to-date information about what is popular and what is not. In addition, they will give recommendations on varieties that grow well in the region that is selected for doing business.
Many people who care about their health choose only organic products. Such fruits of crops ripen longer, unlike the hybrid counterpart. If a novice entrepreneur has a penchant for a healthy lifestyle and interest in this type of activity, he may well consider creating an organic farming garden. This is a great home business idea.
Greenhouse plants
The agro-industrial complex, which includes the greenhouse, is undoubtedly one of the leading industries in most countries of the world. These are companies that produce food for the population and raw materials for most factories, restaurants, cafes or government agencies. For example, to feed children in a school or kindergarten, they choose a supplier of products, fruits, herbs and vegetables. Most often, such an agro-industrial complex becomes such a partner.
Due to the significant role played by the agricultural sector, the government of most countries ensures that they go all the way to subsidize seedlings, fertilizers, agricultural implements and equipment for farmers, and encourage entrepreneurs to go into the greenhouse commercial agricultural business.
Aquaponics
This is one of the areas of trade that can guarantee a good return on investment. However, before you start building this business, you need to get the knowledge and skills that are required for activities of this kind, so as not to simply lose money. This is what is now popular in America: the simultaneous cultivation of fish and plants. Water inhabitants live in the reservoir and, accordingly, secrete vital products that act on plants as fertilizers.
For example, in such fertile water, leaf lettuce grows well, and the fish that fertilizes it develops remarkably in oxygenated water. You can learn more about this system in the United States Department of Agriculture. The government strongly supports small urban farms using this technology. After all, aquaponics not only increases productivity, it ensures that the products are of the highest quality, since it simply does not require additional fertilizers. And who wants to splurge on something without which it is entirely possible to do?
Pet care
These days, more than ever before, people care for their pets. Dog and other pet care is always in high demand in all parts of the United States of America. This includes grooming, that is, dog grooming, veterinary services, overexposure, a hotel for animals and even a dog psychologist. The most popular American business idea with minimal investment for beginners is dog walking.
Kindergarten for adults
Some people, regardless of the fact that they all grew up and are called adults, cannot take care of themselves. For example, older people suffering from senile dementia or people with disabilities who do not need medical supervision, rather need a carer or assistant. To start doing this, nothing special is needed either. This is another great American business idea with minimal investment for beginners.
Grocery store
Groceries are one of the main things Americans cannot do without. Therefore, opening a business in this direction would be the right step in the right direction. The good news is that it’s not at all difficult to open a grocery store. The return on investment will definitely be.
It all depends on the area in which the opening of the mini-market is planned. If possible, you can open a regular store. And if there are a lot of competitors around, numerous American franchises will help out. You just need to choose a direction that is not nearby.
In that case, if the area of the mini-market allows, you can install vending machines with all kinds of little things at the entrance: crackers, chips, chewing gum or drinks.
Cleaning
Cleaning services for houses, apartments, courtyards or streets are an excellent niche for the development of small business in the United States. You can easily manage it from home or office, starting with a minimum investment. The highest costs during startup are the purchase of cleaning products and a cleaning tool. To succeed exactly, you need to start doing it yourself.
As practice has shown, the most successful are the ideas of home business. That is, all entrepreneurship is built on the activity that works well in their own living quarters. In other words, if an entrepreneur knows a lot about cleaning his apartment, his cleaning company will definitely succeed.
Freelance
Depending on the industry, free work practices change over time. In some industries, such as consulting, freelancers may require clients to sign contracts. In journalism, self-employed citizens can work according to the specification in order to have a positive reputation or a good relationship with the editors in order to receive a letter of recommendation. After receiving written feedback, freelancers can provide written performance evaluations and request deposits from clients.
Freelance pay also depends on industry, skills and experience. Freelancers may charge per day, hour, or per project. Instead of a fixed rate or fee, some freelancers have adopted a pricing method based on the perceived value of the results for the client.
As usual, payment mechanisms can be upfront, interest-bearing, or upon completion. For more complex projects, a contract can set a payment schedule based on milestones or results. One of the disadvantages of freelance is that there is no guaranteed payment, and work can be very risky.
In the written and other artistic fields, “freelance” and its derivative terms are often reserved for workers who create work on their own initiative and then search for a publisher. They typically retain copyright in their work and sell the rights to publishers in a time-limited contract.
In 2013, according to estimates by the Union of Freelancers, every third worker in the United States was self-employed, which is approximately forty million citizens. More than four million of them belong to the creative class: mental workers, technologists, professional writers, artists, artists and media workers.
Furniture
It's no secret that the United States has a problem of obesity. Therefore, the Americans are faced with the problem of non-standard furniture. Reinforced beds and armchairs, custom-made wardrobes, garden tables and chairs, and much more that people need daily can be made if there are abilities in carpentry. Before you start manufacturing custom furniture, you need to familiarize yourself with the tastes of Americans. For example, Russians love carved furniture, but abroad consider patterns and monograms on chairs to be extra corners for dust. Creating furniture for residents of America, you need to proceed from the preferences of the customer.
Mobile business
The truck industry has experienced significant growth over the past five years. A lot of people fell in love with the mobile business because it saves their time and money as much as possible. As a result of the increased patronage of food trucks, many entrepreneurs come to this industry.
With this development of events, the level of competition in the industry becomes more stringent. Despite the high performance in the industry, high competition and adverse regulatory conditions in some cities negatively affected this type of business and limited the growth of mobile food suppliers.
In addition to competing with food trucks, they also compete with regular canteens and fast-food cafes. That is why restaurant vans should not be parked next to other eating establishments.
Undoubtedly, the fact that competition has intensified does not interfere with the work of some enterprises. Most of them know how to recreate and rethink the strategy in order to reach or attract more customers. Creativity and many food and drink options are key to surviving competition in the food industry.
Creative marketing ideas and strategies for food trucks.
Most food mobile companies use social media platforms to attract customers. Geolocation shows subscribers where they are, where they will be in a couple of hours, the menu that is on board, and discounts available at the moment.
Technology is the primary tool in marketing a fast food business. In addition to social networks, you can use special mobile applications to help customers track the gourmet truck. Other strategies should ensure that the truck is well-branded.
People are attracted to the colorful design and good music. One of the excellent customer suppliers for the truck can be event managers. They will help increase sales when they organize outdoor events.
One way to reduce the price of food and snacks is the wholesale purchase of raw materials directly from the manufacturer. Cheaper to buy raw materials and food ingredients directly from farmers.
Creating a corporate identity for a restaurant van
The brand is related to how people perceive the truck, so you need to maximize the use of advertising. If your own resources are scarce, it would be nice to think about buying a franchise or implement one of the favorite foreign business ideas for designing a truck.
Cost-effective use of social media platforms to promote the brand. The standard path for any entrepreneur in this area:
- Unique corporate logo.
- Advertising on printed and electronic media.
- Providing employees with a company uniform with a logo. This contributes to brand awareness.
- Banners with the company logo and contacts on strategic positions.
- Sponsorship of relevant television shows, radio ads, and state print media.
- Using platforms such as Instagram, Facebook, Twitter, LinkedIn, Badoo, Snapchat, Google+ and others on the Internet and social networks to promote a corporate brand.
- Installation of their billboards in strategic places of the city or state.
- Distribution of leaflets in targeted areas
In addition to the immediate task of selling food, the truck can perform other useful functions for buyers. For example, you can put vending machines near the truck so as not to create queues. The truck usually moves from place to place once every couple of hours, so you can offer another useful service - the sale of electricity. This is not about industrial scale, but only about street charging phones.
Gift shop
A great way to make good money is to make kits. The gift basket in the general gift industry in the United States remains the highest and includes almost four thousand retailers across the country. More gift shops are located in California, New York and Florida. Most firms estimate sales at half a million dollars a year.
The gift market is no longer limited to women alone, as it was before. Representatives of the weaker sex once made up the largest segment of the industry's market. Currently, the market has expanded and includes a corporate client.
If the decision to open a similar outlet has already been made, it is worth considering another idea to increase the profit of the store - random gifts. They can be given for a major purchase, increasing customer loyalty. Or install a win-win lottery machine in the store. It contains several functions: all Americans love games and gifts, and the device will become the highlight of the outlet and help it stay in the mind of the buyer.
Mobile hotel
Hotels that can be transported between events or places at a time when they are most needed are the most interesting business idea in recent years. The hotel is in vans or trailers where there are small rooms with basic amenities: a single or double bed and a bathroom. You can transport them with a tractor. Water can be supplied by a large tank to all rooms, you may have to carefully dose it if there is no good source of water nearby.
Such hotels are needed during events that flock to a large number of people: sports, championships and holidays. As soon as the event has ended or demand has fallen, the hotel is going and moving to a new place. Always high occupancy rate!
Fitness center or gym
Sport has always been a source of concern for Americans. This is due to the high level of obesity that affects more than seventy percent of United States residents. At the initial stage, an entrepreneur needs to have enough finances to equip a gym, hire staff, purchase exercise equipment and other equipment.
Mobile car cleaning
A mobile car wash eliminates the need for a physical location for a business, and therefore significantly limits startup costs. Usually they start work with inexpensive fixtures and tools, and as needs arise and profits grow, they buy the necessary equipment or simply change it to a better and more convenient one.
Customers are looking for in parking lots, driveways, garages and other crowded places. The disadvantages include the inability to work outdoors in inclement weather and the limitations associated with the need to travel with all the necessary tools and supplies, including large amounts of water.
Food delivery
Profitable, fast-paced business for any entrepreneur who is serious about his business. You can cook it yourself, or you can negotiate with several restaurants and cafes in the surrounding area. Catering will not have to hire couriers, which is very convenient, and the entrepreneur will make good money on commissions.
Nursing Home and Home Carers
A shelter for the elderly is an area with growing demand. Today's healthcare offers more surgeries, surgeries and procedures, often disregarding patients who need temporary home care.
In addition, representatives of the elderly who do not want to leave their homes often choose permanent home care. For an entrepreneur seeking to enter the home care market, finding a client base is no problem. Unfortunately, the population of American cities is aging rapidly.
Poultry farm
Opening egg production may seem like an easy and burdensome business, but in fact, everything is much more complicated. Starting this business, it will be necessary to determine the target market and the part of the chicken industry that is planned to enter. The American chicken business idea is divided into two parts: egg production and meat broilers.
Private military business
A military company is a bit complicated simply because of various government issues that need to be scaled before getting a license from the United States government.
It is necessary to have good military training, appropriate certificates and a clean, unburdened reputation. After protecting the license, private military men are required to comply with the rules and regulations governing business, otherwise their license will be revoked and the company closed.
Manufacture of wood souvenirs
Starting a woodworking business is a great way to turn a hobby into a money-making venture. Items made from this natural material are extremely popular, so such an American business idea is doomed to success. But the creation of production is not only the manufacture of wooden objects. This requires research and planning, especially in marketing and management.