In this day and age, finding a job is hard and setting up your own business is even harder. The truth is that we simply do not have the money to set up an expensive business, so many of us do not even bother to try. However if you actually look into different business models then you'll see that there are different options available when it comes to setting yourself up in business.
With the current recession you really have to give a lot of thought to the type of business that you want to be involved in. More small businesses than ever are failing within their first 12 months of trading, so you need to make sure that you have a solid plan in mind.
The internet is a big deal now, with more households than ever having access to the internet. In fact lots of us now go online on the move via tablets and smart phones. With more people using the World Wide Web than ever it makes sense that a solid business is one that taps into this.
Affiliate marketing allows you to set up a business selling something without having the outlay for stock. A lot of the time we are put off of starting a business because we simply do not have the money to buy the initial products to buy in order to sell on.
If you research into affiliate marketing and your drop shipping options you will see that you can sell other peoples goods via your own websites. There are different products for you to choose from - try and set up with something that you already know about so that you can apply this knowledge to your website and encourage people to buy from you.
If you want to set up in business but the cost of a premise is putting you off then something like mobile hairdressing could well be the choice for you.
The tools needed for hairdressing aren't expensive and if you offer mobile services then your setup costs are kept to a minimum.
The great thing about mobile hairdressing is that even your running costs are quite low. You can incorporate things like petrol into the costs of your haircuts.
Advertising a business like this is easy and in fact much of it is done by word of mouth. On top of that free advertising tools such as Facebook pages are a great way of getting your name out there!
Cosmetics and Beauty Products
In much the same way as mobile hairdressing works, you can look at offering cosmetic and beauty products in the home. If you are trained then you can even consider offering at home beauty treatments. People are busy and often don't have time to visit a salon as much as they would like to - by telling people that you can come to them, you are helping to build up a solid business plan.
For a business of this type you will have some initial outlay when it comes to products but this will easily be covered by $1000.00.
The recession has left many of us unhappy which means that people are dying for an excuse to treat themselves. By offering affordable beauty products and treatments in peoples home you are helping to make sure that people come back to you time and time again. We all know that this is the way to build a solid business.
You'll need to have skills and training to do this, but if you already have web design experience then setting up in business is easy!
As you are a designer then you already have the tools to set up your own business page, which is essential when it comes to promoting a business.
People are desperate to get online as they recognise having a website is essential for a successful business. This means that you already have a massive potential customer base. The great thing about a business like this is that your potential customers could be anywhere in the world - you don't have to rely on a local demand for your products like a lot of other businesses.
People will always need renovations doing and new buildings made. If you have building skills then why not make the most of them and set up your own business? If you have already worked in the building industry then you are likely to already have many of the tools you need - which helps to keep set up costs low.
You will find with a business of this nature that much of your advertising is done by word of mouth and recommendation. However you can use some of you $1000 budget to place an advert in local papers or other publications to get you started.
Getting Your Business Off To The Right Start
With any business that you start up it stands to reason that you are going to want to do what you can to make it as successful as possible.
If you have the budget left over then having things like business cards and flyers printed can really help. There really is no such thing as too much advertising, so getting word out about your business as much as possible is essential.
Always take advantage of free advertising methods - Facebook pages, local notice boards and getting printed in local newsletters can really help!
Whatever business route you take, you need customers to make it a success. At the end of the day, however good your business is - it is only going to be successful if people buy from you and they can only do this if they know you exist, which is why advertising and promotion is essential.
Carter Jones is a freelance writer who is keen on writing about repairing, do it yourself, bmw service manuals and automobiles among various other topics.