Sep
21
Pursue Your Dream with Zero Capital/Zero Risk: 10 Hot Business You Can Venture!
Filed Under Ecommerce Business |
If you need an instant small business startup guide, this story may inspire you…
John Kang dreamed all his life of opening a restaurant since 2000. But he couldn’t dream up the money to pay for it.
By 2007, Kang’s financial situation still hadn’t changed. He decided to stop letting poor finances stand in his way and his future as a businessman.
“I saved money from my tax returns and started out making Southern-style Chinese Fried Chicken,” he says. “I sold them around the winter holidays.”
The friend chickens were a hit. Today Kang, 31, operates “Chicken-To-You”, a full-service, home-based catering company in Palm Spring.
Starting a service or talent based business out of your home is an ideal choice for first-time entrepreneurs, and for a simple reason: They don’t require a lot of capital.
“If you have a talent that others are willing to pay you for, the business startup phase is usually easy,” says Jay Abraham (the World Highest-paid Marketing Guru).
Based on my research over the last 7 years, the easiest home businesses to start are business with no physical product and technological-related services. Why? Becasue both types of business do not require an outlet to display the products and there is no stock to purchase just to get started.
But starting out small doesn’t mean it’s cost-free. Whether you are staring out full time or part time, I always recommend a cash-flow analysis for the first 18 months. That will tell the startup owners what they need to spend and how much they will need from various sources, such as credit and personal finances. Besides, the U.S. Small Business Association indicates that a newly-formed business needs an average of 18 months to breakeven.
10 Hot Businesses To Start With Ultra-Low Budget
If you’re excited to get going with a startup, but your finances aren’t, here are some independent businesses – requiring little more than a certificate or license – that you can start righ now:
1. Virtual Professor: Have an advanced degree or a lot of experience? Selling your services as a virtual instructor can be lucrative. Web-based and traditional colleges and universities offer online courses.
2. Financial Services/Business Consultant: If you know your stuff and have a proven track record, financial planning and/or business consulting can pay big.
3. Party Planner: Kids’ birthday, sweet 16 and graduation parties, bat and bar mitzvahs and other celebrations today involve a lot more than just buying a cake and inviting people over. Besides event planning, other niche opportunities include making invitations, decorations and party favors.
4. Computer Services Handyman: Whether you fix the machines, develop software or are able to translate technical jargon into everyday language, this growing field needs experts who make house calls. Many new users, especially older people who once avoided computers, now are giving in to lower prices. This new wave needs help with everything from setting up their new box to using the Web.
5. Personal Organizer: If you have a knack for neatness, you can turn it into money by starting a service to organize anything from closets to computer desktops.
6. Tutoring: The last U.S. Census reports more than 76 million school-age children. Federal laws like “No Child Left Behind” and state requirements that students pass tougher standardized tests before moving to the next grade have led to booming demand for tutors.
7. Hair Care/Makeup: Women and men spend big money on grooming services. Assisted-living homes, nursing homes and senior centers are great places to get started, and sharpen your skills.
8. Child Care Provider: U.S. Census figures also show that more than 20 million children live in single-parent homes. Many of those working parents need and are looking for childcare – especially outside of regular business hours.
9. Home Catering: This is a great first step to opening a restaurant. Home-based catering is an inexpensive way to build clientele, test recipes and find out if you’re suited for the rigors of food service.
10. Cleaning/Lawn Service: With unemployment low (below 4% nationwide), more people have less time but more money to spend on taking care of their homes and lawns. Don’t be surprisd that homeowners are wiling to pay up to $100 an hour just to get their lawn “looking pretty”!
My first and last advice for any excited startup owners: Plan carefully. Prepare a business plan before you venture into any business even you are very well-verse and experienced. Don’t start until you have a business plan. The reason? A large number of small businesses don’t survive beyond three years is the lack of market research, financial planning and marketing campaign.
In case you’re completely loss in the process of preparing a buisness plan, join some online business community forums and being a member, there are many helpful entrepreneurs that are willing to part their advice and tips completely FREE of charge. Take advantage!
*Note: Unproven teories to not be shown to my readers! If you need any small business startup guide, feel free to visit my Website 
=> To get the complete online business course on small business startup guide,
log on to http://www.12daysonly.com , and redeem your
BONUS PACKAGE worth US$1,396.00
——————————————————————————-
Dave J, is an E-preneur, NLP-Certified Business Coach and Author. Within a decade, Dave J has served as an advisor to countless small-level to high-level business leaders around the world. Despite such a short span, Dave J has becoming a highly-respected authority on the psychology of business leadership, business startup, management and marketing. His forte is coaching ordinary people to attain professional and financial breakthrough.
——————————————————————————-
Disclaimer - This article may be freely reprinted in its entirety in any e-zine, newsletter, blog or website. The author’s name, bio and website links must remain intact and be included with every reproduction.
