8/20/12

Best Small Businesses to Start


By Lanee’ Blunt

There are many profitable
business to start

You may be looking to start a small business this year. There are some  potential profitable businesses that you can start that will be in high demand in the coming year. Some of them have lower initial investments, but will make a profit. When you start your own business you need to make key financial decisions and complete a series of legal activities before you can open the business. The start-up requirements will depend on the type of business you are going in. Advertise your business for new customers.

Home Elderly Health Care
Start your own eldercare service. This can be a lucrative business because there is an increase in the elderly population and a need for this service.  Most adult children are looking for someone that they can trust to take care of their parents. If you want to make top wages you should take some classes in nursing. Home health eldercare is a popular alternative to nursing homes, and the startup is relatively low.  You will need business cards, website, brochures, and character references.

Consulting
Do you have experience in an existing job?  Work as a consultant. Put your skills and experience to work and hire your services out on an hourly rate or a flat fee as a freelancer.  Corporate layoffs have made a lot of people repurpose their skills and do what they have done for years, but for themselves.  There is a demand for consultants for public relations damage control, minimize financial losses, and help companies save money, according to Inc.com. Market your consulting business and find work online or send direct mail to local companies and corporations.

eCommerce Website
The first thing you are going to need is a plan. Opening an ecommerce store requires little overhead, and the startup cost is low. You might want to sell many of your own products, or work with wholesalers when opening your own ecommerce store. When approaching wholesale suppliers make sure you understand the volume discounts, return policies, and order processing time.

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