The Business Idea Factory

Companies like MOT garages, takeaways, cleaning or laundry services, taxis, estate agents and so many more! All you really need to get going is perhaps a little bravado and negotiation skill to strike up a relationship with several local businesses, and some comfortable walking shoes. You’ll need to keep a clean record of the areas you’ve dropped leaflets in, but in time maybe you can take on some part time staff to do the drops for you.

Next, you’ll need to decide what you’re going to charge, to do this you should look at other similar accommodations for rent in your area, find out the average and charge the lowest of the average initially . Once you have enough positive reviews, you can start to increase pricing to or beyond the market average. To begin to explore franchising, you should take a look at the franchises available, then carry out market research to establish whether a particular franchise brand/business model would do well in your area. Make sure to check for existing versions of any franchise in your area; franchisees are unlikely to allow multiple franchises in the same market/location. Antiques dealing is the process of buying and selling antique items (of value/age). Given the rich and ancient history of the UK, antiques are abundant throughout the country.

Start up business ideas

Setting up a mystery shopping company requires you to build relationships with local businesses, sell them in and then source/pay individuals to act as mystery shoppers. You effectively act as the middleman between the retailer and the mystery shopper, summarising information and providing valuable market research/insights on shopping experience to the retailer. This business is primarily marketed through word of mouth referrals, so tap your local network for your first few jobs. From there, you can invest in digital marketing for local search traffic related to party planning and build up content to establish yourself as a go-to planner in the event/party planner in the local area. To market this business, you can advertise in the local paper, local magazines or through community groups. Despite being information technology based, this business can be built entirely on traditional local marketing (flyers, networking…).

  • If you’re a great app developer, you can churn them out and stick them onAppTopiato sell.
  • If you’re a licensed solicitor in most fields of law then your services are in demand.
  • The market can quickly change so you’ll need to constantly adjust for most niches what your buying and selling to stay profitable.
  • Marketing will play a crucial role in getting your name out there and establishing your business with the right image.
  • The easiest place to start here would be to focus on your main interests.

To diversify your revenue and scale further, you could also develop your own learning platform and sell subscriptions to your training programmes. To market this business, you’ll want to focus on local search advertising and content marketing to ensure your ranking for relevant keywords (i.e. furniture refinishing London). To market this business, its best to target local small businesses as they tend to have ongoing commercial printing needs throughout the year.

Instagram Marketing

Ok, so maybe the last thing you’d want to do after writing your own essays is proofread other people’s. Head over to our guide to product testing for more info on this kind of thing. To save on costs , go for an email newsletter rather than an old-fashioned paper copy. Heck, sell them to the people who turned up, too – they’ll be the best lecture notes anyone’s ever taken.