Topic: Small Scale Business Ideas - page 9. (Read 1903 times)

Investments in gold and silver land are not likely to yield much profit unless they are long-term investments. Besides, 11.6 grams of gold costs about $900, land prices vary from region to region, where I live, an acre of land costs about $6000. Now though one who invests in land or gold and silver must invest for a long time, if investing in gold and silver and land, one must do small business side by side. It is very difficult for those who are poor to invest in gold and silver and land. Where I live, many businesses can be done for $400-500 dollars, such as raw material business, grocery store, etc.

Road side food business might looks small in your eyes but it is not a business that comes with a small capital, the price of food stuff is very expensive right now , I see food business as a very good business that will come with good profits because for sure people will always go after what they with but because of how  price of food in the market is expensive it will be challenging for some people to raise up capital to start this business. But this depend on the location and the standard of setting it up.

If I have some funds to do business, then I must take that step to be successful and earn income. First I need some capital which I have to collect and then increase the amount of money by trading. Basically, trading requires a lot of skills which must be learned first and then trade with that idea for profit. If you can analyze the trading well, you will have less fear and risk of half loss, and you can easily trade and make profit. Whenever I start trading from small money to make big money, I try to take big step which is investment. Of course, investing should be done for the long term to generate passive income in the future. I will save the amount of profit from my small business and invest it later in bitcoins for a long time, which will help me to get big profit in the future, thus making the business successful.

In the USA $2,000 to $5,000 capital can be considered as small business but here in my country, that amount is too much for a small business. In that price range I can even buy a residential or an agricultural land that appreciate it's value over time. With $2,000 - $5,000 I can buy and sell gold and silver coins that could make decent profit as well.

It's not simple, but only provides a slightly simpler understanding of interpreting a business. Because actually opening a motorbike washing business is not cheap at the moment, except only for those who already have land with existing buildings to open a motorbike washing business. So business owners only need to buy a water pump machine with some polishing tools for motorbike bodies, while for those who don't have land and buildings to open a motorbike washing place, I think the capital can also be very large, mate.

Apart from that, currently it is very difficult to get big profits with little capital. Because if it is still easy for you to find now, I think there are many new rich people who are born through crypto every day so that it can have an effect on reducing all poverty in this world. But everyone who has been in crypto for a long time is also very aware that it will always be difficult to make big profits if the capital is not much and I think you should also know about this kind of thing because the economic concept is actually quite easy for everyone to understand.

Of course, everyone has different ways or paths in seeking capital to invest. Some become traders, factory workers, office workers, even entrepreneurs. However, most likely, in my personal opinion, most people are looking for an easier way to find their first capital (income), usually the majority of people become employees or workers. Because being an employee, you could say you have very minimal capital. So maybe this method is the basis for most people finally having the capital to invest.

However, quite a few also have capital to invest through gifts from their parents. For rich people, every child or descendant will usually be given capital or a business so that their children can develop it.

I suggest starting a culinary business or food stall and also suggest a business in the fashion sector such as clothing. In my personal opinion, this business has great potential and does not require too much capital to start. Because I personally think that these two business branches can be managed according to our financial capabilities and have very promising long-term opportunities. But apart from all that, in my personal opinion, if we want to start a business, then it must be in a field that we enjoy/like. For example, if your hobby is cooking, then opening a culinary business is the right business for that hobby. So if it is accompanied by something that we enjoy, surely every process we go through will not feel too heavy.

If we do business or work according to our interests and passions, that is a great thing, but not everyone who pursues their passions and interests is successful. When talking about business, we need to keep up with the trends of the times, not follow our passions. If our passion is not profitable and cannot support our family, how long can we maintain it? As a responsible person who always wants to move forward, we need to adapt and learn world trends to create profits. When you profit from it, you will be passionate about it. Therefore, asking for opinions and consulting other people's ideas means we are learning and that is never in vain.

many years ago i talked to people about "drop shipping" before it was famous. and now it seems every wannabe passive income guy wants to be a amazon listed seller via dropshipping

so here is another idea for those that want to start off small with no large upfront costs or risks but can start a trend that can grow that only requires 1 hour a week

too many people who want to get into the food serving business think they need $thousands upfront to buy and retrofit a truck/store to be a kitchen and then get some food hygiene licence and employ someone to serve customers, but thats not true, and here is why/how:

so get to know a local foodtruck. not ones that are famous. but just the greasy spoon budget trucks selling basic burgers/hotdogs that are usually the cheap stuff..

tell them that you want to supply them with premium hotdogs and you want them to sell them at X and you will take 50%. where they can still sell regular dogs but you want them to offer a premium hotdog aswell (idea works best if their regular dogs are not special, hense approaching the budget trucks)

i seen it in the past a greasy spoon truck selling a basic hotdog for $3 whereby considering the meat cost they would earn less than $3 after costs..

however if you buy premium sausages for $1 each and you buy say 10 for a trial. (costing you $10) you tell the truck to sell them as a premium hotdog for $6each where they keep $3 and you keep $3
meaning when they want a resupply they give you $30 back for your $10 cost.. a 3x profit

usually 10 hotdogs can be sold a day EASILY so you can start to increase by giving them 30 hotdogs(using your $30 to then get $90 back. )

you are then in the food sales business without needing to stand at a grill or take orders from dozens of customers but reap all the benefits.
heck you can also promote the foodtruck as the best premium hotdog in town to increase customers to increase your earnings and it wont need to cost you anything upfront but just some social media time spreading the word, plus it will keep the food truck interested in the relationship if you are giving them free meat and advertising. yes they may cotton on that they too can self supply the premium sausages and keep $5 profit of the $6 but then if you word the relationship right about the free advertising and promotions and they see the customer increases they would be more interested in your deal

You should really be thinking up like this on which you shouldnt really be thinking about getting big and thinking about earning huge profits because you are really just starting up because if you do always keep minding

or having that kind of impressions or targets in mind then it would really be just making you desperate on which on the time that emotion and mindset is been affected then you cant really be think up clearly
on what things that are supposed to be that to be done and this is something that you should really be avoiding in the first place. Think small but you should set out goals that you should reach that but of course
always set those realistic goals and never ever make yourself that way too optimistic on things because on the time that you do make out some desperate calls due to that in rush on reaching
out on a particular condition or situation then this would really be that resulting into mistakes and errors.

Small scale business ideas are really that a good start up if you are really that diving into that new venture which we do know that it do give out
that kind of chance on making your finances do upgrade basing up the probabilities that business could give.

Fantasy is a free space for expression. Having a big business and big profits from a business that we manage is a dream for everyone.
However, we also have to remember that we are "pioneer" not "heirs" and there is not everything in the world that we can get instantly, all of which requires a process which is sometimes quite a long process, including building a business. We have to build all of this from the smallest things first, don't just dream and have too high expectations, but make a plan that can change your life even better than before. At this time, with the existing economic development and progress, it can certainly make it easier for us to build a business, social media is currently very popular and almost all groups are here. If we only have minimal capital to build a business, then this social media is quite helpful for us, namely by selling there, because only with your quota and merchandise and skill in speaking in front of the camera, you can start a business, namely selling online.
then you can start a business, namely selling online.

There are times when you have to start small first before thinking about something big, of course everyone wants to get big profits with small capital, but it takes a process to achieve it. Even though we are in the Crypto investment community, not everyone has large capital to invest or open a big business. The different economic levels of each member require a more flexible discussion that covers all groups.
There are times when the small can be bigger than the big and there are times when the big can become small, so we have to be realistic in every activity we carry out to support the economy in various fields.

We will not be able to build a business with other people's experiences and if we force ourselves to build a business with other people's ideas or experiences then the business we build will not last long and this is very detrimental in any case. I really agree with you, if we have the desire to build a business on a small or large scale then we have to really understand well about the business we are going to build and if the business is related to a hobby that we have I think the business will be able to develop well.

The reason for this is habits, people are afraid to change something, it seems to them that if they try to change jobs, they may lose their job, even the one they had. Or the same goes for business, even those who have a good idea often don’t start doing something because they don’t have enough money and they don’t do anything to change it.

The most important thing is not to try to hold a job just for the sake of money, or to start implementing some idea into a business that may not be interesting to you in the future, but to do what you like. Even if it brings you less money, but my experience shows that it will also have a positive impact on your income.

If you want to setup up a business from ideas shared in here as a small scal business, I won't advice you delve into such assumptions. Telling you this experienctially, that business opportunities even exist and you are aware of it is still not sufficient an armour for you to rely on.

I'll conclusively say, what you have passion in is directly what should be your business, and do well to expand your knowledge on it as the business also grows, as everything evolves over time.

The point is, do business according to your passion and hobby. Live according to your time. Do what you like and better yet, passion that results in doing business. Don't build a business because you have to, especially if you do business following the wishes of your parents and other people, you have to be this and be that!

you have to do business like this! That is wrong! Their era was different from today's era. Nowadays, in the millennial era, you can choose to start a business that suits your passion and hobby. For example, becoming a YouTuber, becoming an online seller, becoming an entrepreneur, etc. Even though you have to start with small capital.

Don't be satisfied with what you have achieved, because it will only make you lazy. Cannot develop, because he is imprisoned in his comfort zone. You have potential, develop your potential, make yourself a successful human being who will make your future more successful.

You have a good point here. If we already have a job, it is best that we ensure that we are passionate about it and we enjoy what we are doing under that job as it will guarantee that we will be able to endure the stress, pressure, and tasks better than just working for the money. Additionally, while doing so, we can learn a new skill that we at least know we are curious of, learning new skills will help us set up for the future as we look for either a new and better paying job or an additional one for another source of income. While there are instaces wherein individuals are forced to just keeping work even though they do not enjoy what they are doing, it doesn't erase the possibility that being loving what you do while earning can happen.

It's hard to be a good business person if you are working for money. Love or enjoy solving problems for people in need of your solutions. This will help you provide better service and stay long enough in your preferred business.
Focus more on good business you are talented in and passionate about... Then spend some time developing your talent by learning to do the business well. Talent will make you better than your competitors while passion will help you endure long enough in the business till you master it.
It is easier to get funding for your business if you know what you are doing really well and provide better services. This should drive you to attract funding from relatives, friends, banks etc. Better to start small and expand later as you become grounded in the business. .
Go to places your potential customers are concentrated. You could start by offering free or "pay later" services to them via ads or promotions. Try to be close to the customers. Patronize them when you need something they have and remind them to patrionize you too. You could also create loyalty program for loyal customers.


* But to be honest with you, part of the secret of successful business is to genuinely care for customers. People who really love and care for customers attract more customers even without ads, promotions or loyalty programs.

You did not get me, buddy. We are on an internet forum. We don't know each other. I wouldn't say I like to share personal information here. People can create enemies out of thin air. You will never know when you have created your enemy. I could have chosen a different username for my forum account. But I did not. Do you know why? Because I like to remain anonymous.

I don't think I have ever posted my real name here. I am not planning to write it in the future. So, there is no point of sharing my location here. All I can say is how is the are and how crowded it is.

Yes that's true, make or start business that is the interest of yours. If you really want that business because it is your forte and you like it very much then it will be good because you know your business very well and you like it very much so you will have all the details and ideas to run it very smoothly. Some people fail because they just chose it because of other people not their interest.

People who run successful small businesses will most likely experiment via lots of different attempts in various fields, figuring out what doesn't work and seeing if anything can be tweaked into profitability. In the age of the internet it's very possible to start all sorts of online businesses with a low start up, maybe even just enough money to buy a domain name and not even that if they choose to use a free shopping platform like Etsy. Others make money through hosting news sites, writing articles and generating money through all sorts of different advertising methods. One thing you will rarely find however, is someone spilling the beans on their high profit ventures because that only dilutes them and does not benefit the business owner.