Did you know that a large percentage of businesses don’t make it past the one year mark? In this day and age, it can be difficult to build a business up. Especially when there are millions of other companies that are already established in what they are doing. In this article is going to be the pros and cons of starting a business, to help you better decide on whether to take the leap into entrepreneurship.
When you think of cheap business startups, you think of overhead costs. Time is also a cost, though, and it’s one we don’t often consider when we look into starting a business for ourselves. Starting a new business sounds really great but without a lot of time it feels like a far off dream.
So here are five truly cheap startup ideas that anyone can manage in their spare time and grow into something more profitable.
Massage therapy is a traveling profession, and you’ll meet a lot of people. Not for the squeamish. You should be sociable and OK with touching other people. If that sounds like you, the cost of massage supplies, like a table and some essentials, plus some training is about all you’ll need. Some states may require certifications, so be sure to check in your area to comply with local laws and regulations.
It’s not difficult to advertise, and you can easily offer competitive rates. Invest in enough training to know what you’re doing without hurting someone, but don’t invest in a lot of schooling until the work is really paying dividends.
Millennials — otherwise known as Generation Y — are the “go to” demographic for modern businesses. Youth is prized highly by companies who want to sell to the demographic with disposable income and impulse-buying tendencies.
Capturing this demographic’s attention is rather difficult though, especially if you’re from a different generation. With the attention of consumers more distracted than ever before, how can you zero your marketing in on this most elusive of generations?
Believability Over Slick Presentations
Millennials are a generation who put a lot of stock into authenticity, as discussed in this article: http://www.huffingtonpost.com/matthew-tyson/millennials-want-brands-t_b_9032718.html. They are more ad-aware than any generation before them — so be as honest as you can possibly be when it comes to advertising your company. It doesn’t matter how slick you can make your ads; if they read as insincere, then millennials aren’t going to be interested. Don’t over-exaggerate claims of your product and service. Just keep it simple and honest, and you should be able to capture millennial attention.
Video Has Killed The Text-Ad Star
What’s your reason for becoming an entrepreneur?
I want the real reason and not some response about how you’re meant to be an entrepreneur.
You made the choice to become an entrepreneur because you wanted to pursue the opportunity of making a lot of money.
And there’s nothing wrong with that source of motivation.
I’d like to ask you, though, “what activities are you using to make money?”
This is a question that must be asked because if you aren’t making money as an entrepreneur, then you’re wasting your time.
The flow of money into your business is dependent on marketing and sales.
Therefore, you need to create an effective marketing strategy that efficiently converts prospects into customers.
You might be saying out loud as you read this, “that’s easier said than done!”
I’ll take that response of frustration as indication that you aren’t experiencing the sales you’d like to have.
There’s probably multiple reasons as to why your lack of sales is occurring, and I can go on at quite a length discussing those issues.
Instead, I want to focus on giving you a great solution to your sales woes.
Take a long, hard look at your business premises. How does it make you feel? How do you think it makes your staff members feel? What about your customers? It doesn’t matter how great your business is doing online or how many sales you’re making. If you have a shoddy business premises, it’s always going to hold you back in one way or another. Here are 5 incredible tips that your organization needs to improve your premises. Ignore them at your own peril!
When you run your own store, you are always looking for ways that you can encourage people to buy your products and services. One of the most simple, but also the most effective ways that you can do this is with some strong store displays. Get the displays right and they can act as an extra member of the sales team that you don’t have to pay! Here are just a few of the top ways that you can make your store displays first-rate.
Don’t Build Single-Color Displays
The last thing that you want is to create displays that are dull and lifeless, so you should avoid making them too monochromatic. Two or three main colors is ideal. You want to have a background that allows your products to stand out. For example, red on a black background works nicely. And you also want to make sure that your display makes sense in terms of what products you choose to group together.
Expanding your ecommerce business is an exciting time. You’ve watched your baby grow from an idea into a fully fledged company that’s making sales. And now you’re at the point where your current model is too small to handle the amount of customers that you’re getting. It’s a great position to be in. Expansion brings all of the excitement of opening new locations, breaking into new markets and seeing a massive spike in profits. But it isn’t all fun and games. You’ll also have to deal with a million tiny details if the expansion is going to run smoothly. This is a quick guide to the nuts and bolts of business expansion.