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18 Best Investment Ideas to Make Money
Here Are Some Smart, Profitable and Lucrative
Business Investment Ideas You Can Launch for Cheap
Do you want to start a business but don’t know where to start from or which
business to invest your money
into in order to make lots of
profit? Listed below is some of the most smart
and lucrative businesses investment idea that you can invest your
money into and you will be sure of making profits back in no time.
This list of business
ideas consist of some good
business ideas, and not just some junk businesses that were
randomly selected, they are carefully selected, time tested, high
performing businesses which you can start with your hard earned
capital and you will be rest assured of making profit.
1...Used
car dealership business Starting a used car
dealership can be a very good business idea since vehicles are
normally a primary mode of transportation for a lot people, and some
people actually refuse to pay complete price for a new vehicle which
will depreciate quickly. The fact remains that almost everybody has
the chance to begin a business in this sector if they actually know
how to set up a used car dealership.
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You can get started
by visiting the loan representative of a credit union or local bank to
know what financing
opportunities are actually available to you. You will have to
calculate in advance the amount of capital which you might need by
knowing the cost of initial vehicle inventory and the actual operating
costs for about six to 12 months. Then easily complete the application
process in order to get a loan that will finance your new business
venture. Secondly you will
have to think about whether or not you want to purchase or lease a
commercial space for your dealership mainly based on your financing
options. You can meet with a commercial property manager or local real
estate agent in order to review the exact locations that are available
in your area which suit the needs of your business. Most times used
car dealerships always need space for office and an outdoor lot which
they can use in displaying vehicles. You will also need to have the
location which you have choose inspected to make sure it is in line
with safety, fire, health and zoning regulations as required by city
code.
You will then need to
fully complete the application process which is required by your state
government in order to get a license as a used car dealership. You can
provide consent for a criminal background check and also submit proof
of meeting zoning regulations. Get a surety bond in the amount which
is needed by your state, and easily complete the registration with the
state department of revenue to simply collect and pay sales tax on the
cars you sell. There will be an inspection by some representatives
from the licensing authority of the state for used car dealerships. You will always have
to attend auctions that are
conducted by banks or local government agencies to get vehicles which
have been seized as part of non-payment or criminal activity. Most
times, these vehicles usually sell for prices that is below the normal
value. Immediately you have initial inventory, you can easily maintain
inventory levels by always going to visit auctions as well as allowing
trade-ins from customers that are seeking to buy a vehicle from you.
You will then have to
hire sales staff that will work with customers in order to get them to
buy vehicles from your dealership. Recruit a finance manager that will
always set up customers with loans that is if you offer financing
through your dealership. But if you don’t have the required amount
of money when starting your used car dealership, you can easily handle
most of these tasks on your own instead of paying someone else to do
them for you. Now you can put some
of your best cars or deals near sidewalks or roadways that is public
where people who are passing by can simply see them. You can also make
use of Internet advertising by creating
your own Facebook page or website. You can use Craigslist
to post ads for free, or you can use eBay
to extend the amount of people that is available to see and buy the
vehicles at your dealership.
2...Landscaper
architecture business Just like
landscaping, landscape architecture is actually a seasonal business;
but there is a huge difference between the two because most
landscapers normally give clients who has basic lawn services help to
keep their property
well-groomed. But on the other hand, landscape architects are normally
concerned with the layout and design of a lawn, like where to place
patios, ponds, flower-beds, and stone walkways. A very good landscape
architect can easily increase the value of a property. This is a business
that is very much hands-on. People who start a landscape architect
business need to be very comfortable working with computers and also
good with math because most of the designer's job is normally spent at
a desk. But most architects normally make it out into the field with
their contractors and so they are mostly comfortable when they are
working with their hands and getting dirty.
Some day-to-day
activities of the business usually include a lot of tasks such as
invoicing, client intake forms and meeting with some new clients but
the business will also have to coordinate with contractors, keep
clients updated about the project and monitor its supplies carefully. The clients who are
preferred are customers or corporate clients who have signed evergreen
or seasonal contracts. Some big revenue projects are ideal. Landscape
architects normally work with organizations that are large already or
are still medium. But most designers normally start out with small
businesses or homeowners.
They usually make
most of their money by collecting money from clients for their design
projects. These projects are normally charged at either a per hour
rate or even a flat rate. Small landscape
design companies can easily be managed as "one man"
operations but there's actually no reason why a business owner will
not hire a good team of contractors or designers, thereby changing it
into a very big design and construction company.
3...Bed
and breakfast business Bed and breakfast is
actually a thing of a mix between a private home and boutique hotel.
Actually, the service is very personal. The manager sometimes lives
on-site, and it’s not very unusual that the guests and the manager
always spend time together. So before you even
consider opening a bed and
breakfast, you will have to plan ahead. Planning is very important
before you even set up your business. If you have a roadmap that is
good which is actually of what to do in some particular situations
along the way, it will make your life very simple when you are running
your bed and breakfast.
Planning usually
includes research like do you actually know if there is enough demand
for a Bed and Breakfast in the area that you have decided to set it up?
After all everybody knows that demand is what really makes or breaks a
business. In addition, you need
to plan your sales, branding, financials, marketing, customer
service… The list is always long. You have to make sure
that starting a bed and
breakfast is the perfect thing to do. Although it’s not for
everybody. You need to run the operative and administrative aspect of
the business. You will have to be persistent because it will take some
time for your B&B to get lucrative, flexible and even have social skills.
Before you start
looking for a location, always make sure that you think about what it
is you really want There are actually
three types of ownership which you can simply choose from when you start a bed and breakfast. The very first one and actually the most
famous alternative is to be the owner of the property. Now this has a lot of
benefits. If you actually have a mortgage,
you will have to always keep more of the money immediately it’s paid
off. You get to keep a bigger part of the money from the very start if
you already own the property and you might even be able to keep the
profit if you finally decide to sell the property down the line.
The other thing to
think about here is that owning the property normally comes with its
own set of responsibilities. For instance, if you have a very big
mortgage, it will actually take some time for you to pay it off. And
there are some costs which you may need to think about such as
maintenance of the property. Always have it in mind that if your
property is a little bit older or something that is unexpected takes
place, those costs can be very high. And they will definitely affect
your budget. Another alternative
is for you to rent out the
property. This actually means that you won’t have the same
responsibilities like an owner. For instance, your landlord is in
charge of taking care of maintenance and you won’t have any
mortgages to pay off.
4...Recruitment
services business A recruiting agency
is also known as a temporary or staffing agency that searches for,
interviews and screens people for job placement. The main goal of an
agency which recruit is to fill permanent vacancies or job openings
that are temporary or maybe both. Although a staffing agency can
easily focus only on a particular sector, such as nurse or executive
recruitment. The successful beginning of a recruiting agency normally consist of a strong business plan, having
a background in hiring and taxes,
recruitment planning, having the required amount of knowledge of
the laws about licensing, and also the marketing strategy for gaining
clients.
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Maybe you’ve
already done some recruiting before or maybe you haven’t, and
you’re actually trying to find out how exactly you can start a
recruiting business from the beginning. I believe you have already
gotten some sort of idea of whether or not it’s a fit for you if you
have done it before but if you haven’t, then you have to know that
recruiting is actually NOT for everyone. The profession is actually
filled with valleys and peaks and ups and downs. Most times, it’s
often known as a roller coaster. If you have once
worked for an agency as a
recruiter, then you must have a foundation of experience. There is
no way you will know the right way to train recruiters if they
haven’t trained you as a recruiter yourself. So if you have never
worked as a recruiter for a recruitment agency before then you might
want to work for a recruitment company before you start your own
business.
There are so many different types of recruiting firms. So if you already have some
experience in the sector, then you probably have a good idea of what
type of agency that you will like to start. There are companies
which only put candidates on a direct hire employment (full-time)
basis There are companies
which only put candidates on a contract (temporary or part-time) basis There are companies
which only put candidates on both a direct hire and contract basis There are a lot of
other services which you can easily provide as a recruiting agency.
All you have to do is to study some other companies and conduct more
research to know which ones appeal to you.
5...Fence
installation A fence installation
company normally contracts with clients in order to perform a number
of services. Contracts are usually discussed based on the area
measured to be fenced, the degree of difficulty, the materials which
were used, and the amount of labor and time that is required. This business is
ideal for you if you like working outdoors and assisting people to
increase their security and also the functionality and beauty of their
property. A fence installation
business normally makes money by buying fencing supplies at prices of
wholesale and then charging for the expertise and labor which is
necessary to install and design fence.
6...Belt
buckles making business Belt buckles making
business can be started from home location and on a full time or even
part time basis. A lot of sports team, business houses and some other
professions sometimes create their own belt buckles that are
customized with other apparel products such as caps and T shirts etc. Belt
buckles are also known as lifestyle and fashion accessories. The
ideas are very much when it comes to the making of personalized belt
buckles. There are a lot of scope to experiment with such as shape,
color and size. You can easily make
belt buckle with the design that is existing or you can even
suggest some new designs to your client with various colors and shape.
Any person who has
true passion about starting new pattern and design can easily start
this business with some moderate capital investment and strategic
planning. Apart from belt
buckles that are personalized, there is also a huge market for
normal belt buckles because all belt manufacturers are always in
demand of buckles manufacturers. Creating a business
plan is very necessary when you want to start belt buckles making
business. All you have to start with is to do some market research
prior. You need to think about the type of belt buckles you will start
making initially. There are so many types
of belt buckles which are available in the market such as
plate-style, frame-style, box-style etc. You have to think about what
will actually be your marketing expenses and strategy? Who is your
target niche? What is going to be your business objective and also
mission statement? In financial planning you will have to calculate
your startup budget with
equipment cost and raw material. You also need to calculate the
same if you are planning to start recruiting manpower. You can
calculate a revenue return that is expected. This is definitely going
to give you the needed confidence about the business feasibility and
it will also assist you in arranging finance.
7...Paving
consulting business Paving consulting
business opportunity always needs the right knowledge in civil and
mechanical construction industry. It is a business that is all about
providing design, advice and creating
pavements with the budget and scheduled time of your client.
Various types of contemporary paving patterns that are used these days
to decorate pool, garden, resort, park, parking lot, hotel etc. With the right skill
and with the perfect business
plan, any experienced person can easily start paving consulting
business with just some moderate capital investment. The best part of
this very business is that you can easily start the venture by having
only some of the required equipment and then you can hire the rest and
it is a business that can also be operated from home location.
In order to start a paving consulting business, you will need to have technical
knowledge of civil and mechanical construction. It is also a very big
plus if you have an engineering degree, but you can also begin this
business by just having basic skill but in the entire work your
knowledge about operation monitoring, paving pattern, assessment,
operation control, coordination, decision making, troubleshooting,
quality control analysis are needed heavily. You will also need to
have Knowledge of some equipment that is relevant, procedures,
policies, and strategies in order to promote effective national, state
or local security operations for the protection of institutions, data,
people, and property.
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Another thing which
you are required to have knowledge about is the methods and principles
for moving goods or people by rail, air, road or sea, which includes
the relative benefits and costs. You will also need to
have Knowledge of management and business principles which normally
involve human resources modeling, strategic planning, leadership
technique, resource allocation, production methods, and coordination
of resources and people.
Having the right
knowledge of quality control, raw materials, costs, production
processes, and some other ways for maximizing the effective production
and distribution of goods is another thing that is highly needed. Having the required
knowledge of principles and processes for providing good customer
services. This normally includes meeting quality standards for
services; customer needs assessment and evaluation of customer
satisfaction. Having a very good
business plan which includes marketing
planning and financial
planning is very necessary. Just known your target niche and how
you intend to reach them. Always concentrate on how to make
advertising policy. You can also calculate equipment with startup
budget, manpower and insurance cost. Also calculate an expected
revenue return. 8...Interior
designer / home decorator business If you actually love
transforming homes with creative
decorating, a home decorating
business is definitely for you. The truth is that interior
designers must be certified, but decorators will have to start
businesses on their own without needing certification so before
you begin to take clients, you will have to practice on the homes of
family and friends, also assemble a portfolio of your work and then
license your business.
The very first step
should be writing up a good
business plan for your decorating business. You have to know if
you will be a designer that is product-driven who conceptualizes the
design and sells very important items to the client, or maybe a
consultant who does not sell products. Designers who have little
experience normally start as product-driven designers. Also make
research on some other decorating organizations in your environment in
order to see what they actually specialize in, what their designs look
like and the exact amount which they charge. Think about how you can
manage to set yourself apart from other design companies by just
offering a different style of design, specializing in particular types
of design, such as Colonial, offering prices that are low or just by
specializing in particular part such as use of color and light or even
window treatments. Just make a list of items that you will need to
simply get started and also know the right amount of capital that you
will need.
You will have to
apply for a business license by just going to your county clerk's
office or local city hall to fill out an application, or you can also
do it online if that is an option that is available in your
jurisdiction. If you intend or plan to employ others, subcontract to a
builder or even to build credit using the name of the business instead
of your own, you will also have to apply for an Employer
Identification Number or EIN from the Internal Revenue Service. 9...Start
a Christmas tree farm business You will have to
think about growing Christmas
trees if you are looking to turn your piece of land into a money
spinner. Running a Christmas tree farm only needs just a small effort on
maintenance, which normally makes it very good for a spare time
project. And it can easily give you big profits for so many years to
come.
Christmas trees
usually mature in an average of eight years. So, if you are looking
for quick profits or you cannot guarantee the long-term ownership of
the land you have this might not be a very good option for you. But if
you really think eight years is not too long, then you can
start Christmas tree farming. By just planting a
portion of your acreage with new trees every year, it will give a
steady income as the trees get matured in an average of eight years
before you can harvest and re-plant it. The average price of
a tree is about $50 and a plot of land can easily contain over 200
ready-to-harvest Christmas trees. So, with a plot of land, you can
simply get $10,000 per harvest. That will be $50,000 with just five
acres.
And with the fact
that the costs of growing Christmas tree is actually labor for
maintenance, like shearing the trees that are young and mowing for
weed control, you can also keep most of the profits; or maybe all of
them if you are the one that did all the work yourself. Now since it takes
just about eight years for most species of Christmas trees to grow to
the required harvest height of 5 to 7 feet, a very good method to
provide an annual income that is stable is to start by planting a lot
of trees, a plot can easily contain over 1,500 trees with the normal
5′ x 5′ spacing, and then just replant one-eighth of this
very number each year, which will be about 200 trees per plot. 10...Greeting
cards making business Greeting cards are
normally big business because people actually need them for so many
occasions. Not only do they normally send them to mark graduations,
births, deaths and anniversaries, but they also send them in order to
just add cheer to a loved one's day. A lot of people might not even
consider giving a gift except there is actually a greeting card
attached. You can easily start
a home-based greeting card business if you have a very good idea
for a line of artistic flair, greeting cards or even talent with the
written word.
You can visit various
gift shops and greeting card stores and to simply go through their
greeting cards selection. As you go through it, try to look for what
is missing or how you can make better cards. You can also search
online for some more greeting card ideas. Have it in mind that so many
online card makers may have very good ideas but don't actually sell
very well because they don't really know the right way to market so if
you can easily find a need in the business of greeting card that
hasn't been dominated completely by another card company or artist,
you will experience lots of business success by filling it more than
someone else is. You will have to
brainstorm some unique greeting card ideas for your greeting card
business. For instance, you can always come up with some unique
messages which you can include in your greeting cards and then simply
develop handmade greeting card designs or make use of a desktop
publishing program which you can use to make appealing artwork. You will also need to
decide if you will only specialize in cards that have funny greetings
and inspirational messages or even both. If you actually want to do
anything different, you can even make greeting cards that have
shocking messages in them. Buy the items that
you will need for the business
of your greeting card. If you decide to make handmade cards, you
will actually need a lot of special papers, colored pencils, pens and
embellishments. If you decide to design cards on your computer, you
will have to get a desktop
publishing program, printer, scanner and card stock or photo
paper. A paper cutter will also prove very helpful as well. Write a very good business strategy for your business which include the funds,
you will actually need for your expenses to start as well as details
about where you will buy your supplies and how you intend to market
your business. You will also have to include goals that you will use
to expand your business in time. 11...Car
tracking services business Ever since the car
tracking systems came into full existence, it has become very simple
for operators of fleet to easily manage their
fleet of vehicles. So with the advent of this device, investing in
ambulance services, haulage and logistic business and even transport
services has become a very lucrative venture because the tracking
device assist to monitor the consumption of fuel, keep the drivers
under check, distance covered and also make sure of the safety of the
vehicle. The fact that you can
easily install GPS car tracking
devices which normally trigger automated bus stop announcements
makes it simple to run a public transport service company. It is just
like buying insurance for personal cars, a lot of people also decide
to purchase and install car trackers in their cars in order to prevent
theft and the truth is that even if your car is stolen, it can simply
be tracked and recovered with car tracking devices. In a recent research
it was proven that the need for having car
tracking systems in cars is on the rise because of how important
it has proven to be and as a matter of fact most transport operating
organizations won’t let their cars begin to ply the roads until they
have fully installed a car tracking system on it. There is a need to
carry out a very good research before investing your money into this
business venture because it is always the right and first step to take
when you look at the rate at which investors who are not guided
properly lose their hard earned money so before you start
your car tracking company, you are actually expected to carry out
a lot of research, in order to know where to place the company, how to
design or get the car tracking device, the amount of the start-up
capital needed, how to maximize gains and some other factors which you
might want to research about. You actually have no
choice than to register your company and if possible get the required
operating license which is needed for you to operate this kind of
company. 12...Amusement
park business Starting an amusement
park needs serious planning and big startup capital, but the truth is
it is a very lucrative venture most especially if your amusement
park is equipped very well with facilities which can guarantee
each child that visit a lot of fun. Starting
an amusement park
actually needs long term planning and a collection of people who are
experts to assist you execute the strategies you have already drafted
on paper. So you will need architects, project managers, civil
engineers et al. But the only way
which you can escape the rigors that is involved in starting
your own amusement park from the beginning is by simply buying
existing amusement park which is put up for sale, or just buying a
franchise of a successful and existing amusement park. 13...Detergent
powder manufacturing business The detergent powder
is a very good substitute to washing
soaps and it has become increasingly famous all over the world.
With a lot of awareness amongst all various classes of people to
maintain the perfect ways of living, this industry is to be manifold. Detergents
can be used for so many purposes and there are normally wide ranges of
uses. The main uses are
actually to wash cooking utensils, textile fabrics, sinks, crockery,
floors and walls, drawing surfaces and baths etc. Demand is actually
found to be on the increase because of the increase in the population
and also increase in awareness for cleanliness in people in more years
to come. 14...Network
marketing company business A MLM (multi-level
marketing), network marketing or networking
business includes recruiting people who are business-minded into a
company. A business associate that is newly recruited buy product from
the networking company and start
to builds his network of sponsors or downline. You can simply make
monthly commissions off people that are in your downline when they
begin to buy your product. Network marketing is a very
legitimate business opportunity because a company can sell legally
through multi-level sales with a legitimate product. 15...Picture
frames manufacturing business You can easily start
and operate picture or photo
framing business from the very comforts of your home surroundings.
You can start it on a solid work bench or sturdy table in a storage
area that is small, such as your basement or shed, garage, even a room
that is small can also be devoted toward this purpose. If you are very good
with tools you could be on your way to a nice sideline business which
could simply grow with time. So many wood moldings can easily be
bought at some good cost from lumber yards and it can be used as the
basic item for frames manufacturing. A lot of people have prized possessions and
photos which need framing
and most of them don’t actually like the plastic frames which they
see in stores nowadays, thereby creating a ready market for natural
and beautiful wood frames. 16...Ice
cream shop business Starting an ice cream
business can be very profitable, as long as you start by researching
some other ice cream businesses
in your country and make a detailed business plan. You can decide if you
want to invest in an up and coming or successful
franchise or even start
your own independent ice cream shop. The real benefit of starting
a franchise is that you will have built-in assistance that will
guide you through the process of starting
your own business. Franchises normally provide the design and
store layout, supplies, ingredients and employee training. It also
need upfront capital, starting your own business gives you the freedom
to know exactly the right amount of money that you can easily afford
to invest. 17...Grocery
store business A grocery store is a
retail outlet where various household or food items are sold on
cabinets and shelves. People normally like to do their shopping
in a grocery store because it normally gives them convenience to
shop for everything that they need without going from one store to
another. Starting
a grocery store is a very simple business
to start and it is actually not capital intensive. Getting the perfect
items which people want to buy and proper stock keeping records are
actually the secrets of running
a grocery store. A grocery store can be run online on an online
e-commerce retail site or even offline in the conventional retail
store. 18...Mobile
phones, smart phones and accessories store business Starting a mobile
phone accessory business can be highly competitive and lucrative. In
addition to mobile phone
franchises you can also sell accessories and you can locate your
stores in any mall and some other public areas. The internet is
usually filled with web stores and websites
that are ready to sell mobile
phone accessories. But if you can find a good location with a
little competition or if you can create an online presence which
outshines that of your competitors, you can easily build a lucrative
small business selling mobile phone accessories. Read Next...Financial Fitness, Blockchain, Positive Thinking, Blogging for money, Top Website Hosting Companies, Nigeria Stock Market, Selling on eBay, Amazing Business Ideas, Your Simple Guide to Financial Abundance, Financial Freedom and Wealth Creation Formula, Starting a Money Making Internet Business, Most Common Immigrants Jobs in the United States, Tips for Healthy Living, Earn Income Selling on Amazon, Retirement Planning Tips, Quick Easy Ways To Make Money, Best Investments Ideas
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