Donate SIGN UP

Best Money Making Small Businesses To Make Money ?

Avatar Image
dieseldick | 20:21 Thu 11th Jun 2015 | Business & Finance
9 Answers
make it short and sweet, what business and why, explain your reasoning.
Gravatar

Answers

1 to 9 of 9rss feed

Best Answer

No best answer has yet been selected by dieseldick. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Become a pimp. You get money from the whole stable and need to do little yourself other than be violent.
Question Author
removals ? mobile tyre fitting , valetting service ? landscaping ?

It should be something you enjoy doing and where you feel you know the market well.
If there was just a handful of such businesses where money was easy to make the entrepreneurs would have jumped in already.
You usually need quite a lot of start up cash and it will be a while before you start to make a meaningful profit.
Sometimes the simplest ideas are best if you get a flash of inspiration.
Something that has little outlay, that you enjoy doing, and that has a high earning potential.
The high street is still dying with rents & rates staying fairly high and councils not budging on the planning constraints to ensure empty units get filled, so consider on-line as the way to go for people to access your business.
Either a service which is in demand now, or a product which is in demand now.
Best quick cash for short term would be a stall on a car boot or market selling a reasonably priced product at reasonable price to punters, but at very little cost to the seller i.e plants - they are in demand now and if you grow them yourself the outlay is more time, than money. The income won't be huge, but the profit margin will be.
Or,
Get yourself to the auctions, pick up cheap, but good quality antiques which are transportable, and aim to sell to the London designer crowd - better profit. (could sell on ebay but don't do 'collection only' if you are oop north, allow for courier as most London buyers will have a fortnightly nationwide collection round). The outlay will be higher, and the turnover less than plants, but the income will be greater if you pick the right antiques at the right price.
Failing that, open a pop-up car wash - they are always packed! :-)
People trafficking seems to be very popular and profitable these days ! Not to be recommended though.
It seems to me that if folk knew a good 'get rich quick' scheme then they'd be trying it themselves and not wishing to encourage rivals. All your own suggestions seem possibilities. You may have more responses were you to request simple brainstorm lists of further possibilities.
I've known people make reasonable money by selling sandwiches, canned drinks and confectionery on a mobile basis. It has the advantage of very little initial outlay.

Assuming that you've already got a freezer and a suitable vehicle (such as a small van or estate car), all you need is several large cooler boxes and the freezer 'ice' packs to go in them.

Then you get yourself a food handling certificate (possibly via an online course) and get your local council to check out your food storage & preparation facilities in your kitchen.

Identify the trading estates and office blocks that you plan to call on. Get some leaflets printed announcing that you'll be delivering sandwiches in the area and distribute them widely across your target areas.

Then you simply need to buy your sandwich ingredients (together with canned drinks, Mars bars, etc), make your sandwiches, load your vehicle and start driving to the relevant places.
Question Author
beunchico i did think of that idea a few years ago then i sat and thought some more . if all the businesses in the big industrial estates are having their teabreaks 10am and 12-30pm or 1pm then that only leaves 1-2 hours per day max to get around them all and sell the food. stuff like baked potatoes, hotdogs, samwhiches, stew etc. then another thought , many people cannot or are not willing to hand over much money for food when they can make a packed lunch for a fraction of the price, maybe ok in the boom times but most people are struggling these days.
Just the other day my Mum found a dead fox in her garden, Council or RSPCA didn't want to know so she was forced to use a Specialist Company.

Charged her £120 for the 5 minutes it took him to remove it! Imagine doing a few of those a day!

1 to 9 of 9rss feed

Do you know the answer?

Best Money Making Small Businesses To Make Money ?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.