Service business ideas provide a variety of terrific ways for today’s entrepreneur to make money starting a business you enjoy.
So you may ask, what IS a service business??
This type of business allows you to provide a “helpful activity” or a “structured, organized, or skilled approach” to meet your customer’s need(s).
. . . And from my personal experience, service business ideas provide a variety of ways to make money by directly "helping" your customers to meet their needs and allow you to start your own business.
This provides you with the opportunity to bring your unique blend of creativity, ingenuity, and personality to your business -- providing your customers with convenient services they need at a price they can afford.
Decide if you want to focus on being more of a “generalist” providing general overall services (e.g. being a virtual assistant providing a variety of tasks such as typing, data entry, phone work, etc.)
. . . OR maybe it's a better fit for you to move into a service business where you can become a “specialist” (e.g. a Realtor or CPA).
A service business can be the best business to start for enterprising individuals who have limited resources since they generally have a lower cost of entry as compared with their construction/manufacturing counterparts which can require a great deal of capital to start due to the requirement to purchase equipment and materials.
As an example, a service business usually requires less equipment or tools such as a computer, phone line, and printer.
In contrast, a manufacturing/construction business usually requires a great deal of very specialized and expensive equipment such as a backhoe, dump trucks, manufacturing machines, etc.
. . . And retail businesses might require extensive inventory in order to open your doors.
Instead . . . You bring your expertise to your customers and WOW! them with a terrific experience. :)
IMPORTANT NOTE: Check out the Niche Notes on each ideas page!! They are chocked full of additional business ideas to get your energy flowing on additional ideas and ways you can Niche yourself and your business!!!
These types of businesses can be micro in size (you alone) or you can choose to add employees to expand the services and specialties you offer.
Of course, this is a personal choice depending upon your overall service business interests and personal goals.
Service business opportunities and trends are plentiful today and a terrific option for new business owners who want to start small and grow . . .
Continue Reading "Service Business Opportunities & Trends" . . .
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