Small Scale Business Ideas

[dothebeats]

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall

even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche)

once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger...
then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken)

That is a good suggestion here. It is always best to know what your target clients and customers prefer so you'll have a general idea of what your products will be. Many businessmen do this in order to know and understand the general area where they're planning to place their business and the type of products their target customer or the general public prefers, that way you wouldn't be launching a product that only the minority likes which then will result to low sales.

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[Webetcoins]

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 true that it basically depends on where you are living and what your budget is based on your location because a small-scale business in some countries might be able to make someone start a medium-scale business in a third-world or developing country. However, when you say that you want to start a small-scale business, you mean to say that it should be a small-scale business based on everyone's residing region and the type of businesses they can do with a small budget in there.

I also believe that the income would also vary for different locations or parts of the world where a person might be doing a small-scale business. One might be able to earn a good sum through tips and stuff in some countries around the world while one might get nothing at all at other parts, so the income can also depend.

[Gaza13]

Basically, in starting a business, whether small or large, there are always risks, In this world there is no such thing as a new product in opening a business, we can follow the example of fast food (McDonald's), French fries which require small capital, extraordinary profits, another thing, (Jco, pizza Hut, KFC) from here we learn to make and modifying your own method in terms of taste and topping variants. There are many others.

Apart from that, when opening a business, it is best to open a shop or outlet by pushing a cart first. For example, you sell your business merchandise to existing busy places, for example schools, etc. From here we can know whether our business is interested or not. If many people are interested, of course finances will become stable. If our finances are stable, it would be good for us to invest some of the money we have and some to add to other businesses such as livestock businesses, etc. Usually successful people with passive income don't just have one business, or just one line of business. Instead, they develop or create new businesses in other fields. Everything needs a process in life, don't look luxurious, look as simple as possible

[Patrol69]

The best way to get the investment for the capital will be the saving of the money during the job going time.So the same money help you to get into the business in the future.But the saving alone help the person to rise the capital.The small scale business need of the less money as the capital.Many people target the large scale business and forgot the small scale business.Many millionaire was start their business in the small scale and using that money they get into the large scale and achieve in their life.

If you work you will get fixed amount of money at the end of the month but when you do business your amount of money will be unfixed.  Those who do not have financial support can take a job and save some money and then start a business. Business can be of any type, a new person should choose a business that will be easy for him or a business that he can achieve success quickly. Experienced people always say to look for alternative sources of income. According to them you have a good job now you are satisfied with that job but still need to build a business or outsourcing means to never have financial problems. 
A person can start any business according to his ability whether it is a small scale business or a large scale business.

[Oasisman]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

That small scale business that could bring you to success is most probably gonna be something your'e passionate about, otherwise you'll just gonna end up giving up up on them once the first failure occurs. Also, if you're looking to start that business, it should always have a place to be advertised over the internet and also has it's own social media page. That way, it could reach your target market the fastest and easiest way with you not going outside your comfort zone.
We cannot be specific about what kind of business it is because we all have a different field of interest and we all have a different kind of perspective when it comes on how to handle it and it's failure. By being passionate about that specific business model, you'll have lower the risk without you knowing it. Being passionate about something means you know a lot of things about it, like for example you know how to draw or paint, being a digital artist and sell your artwork won't require you a lot of time to master it because you've already possessed it naturally. The time you could've spent mastering it would be diverted into finding potential clients, so that brings you one step closer to success. Once you've established your name in that specific industry, you'll figure out how to have a passive income eventually easily.

[franky1]

another idea for starting a business is to not open a physical store straight away but a online store. whereby you ask lots of local producers to sell their stuff via you where you have local distribution set up (think amazon but on the populous of a town instead of world)

taking examples of the food business again. (because everyone needs to eat)
i have seen food trucks get more customers through food delivery apps than by people walking to the location themselves. so sometimes the many thousands needed to set up a food truck and have location permits becomes an unrewarding expense

there are other examples where ghost kitchens. which work with many vendors to produce lots of variety in one kitchen/central point so that people can choose (dream scenario) burger king whopper with a mcdonalds shake and kfc chicken all on the same menu, and get it delivered in one package/transaction. after all we all have those friends or relatives who refuse to agree on the same food types as you when you want to order something

so expanding on the idea you can find some local vegetable farmers and facilitate their needs in a central contact point so that people dont have to visit different vegetable venues to get best produce. i know a retail store butcher that always selects the best cuts of meat from several farms each week to ensure top quality each time, he doesnt just source meat from one farm, same goes for some fruit&veg stalls because one farm may have a bad crop one season where another has a good crop. so people prefer the ease of always having a good selection without having to race around town to find it

expanding on that people that make custom jewellery, clothes, anything novel and local. heck even have local artists show their art on you site
products can advertise through a central site thats dedicated to the local area to inspire 'local economy' and 'food miles' preservations. while you take a cut for advertising/facilitation costs (you know amazon take 30% kickback right)

alot of people keep thinking a small business involves buying a shop front with space for customers to enter and wander around.. of they think if they are into fashion they need to have a clothing factory they need to set up to make clothing in-house
but the best start ups for small businesses is to outside the production and have the products viewable in people faces even without leaving their living room

[Negotiation]

Do you have a small business idea? or business experience? I want to hear it

One business idea that can be done with relatively small capital and is quite promising is opening a roadside food stall. As far as I know they can take profits of up to 200% of capital. Quite promising, especially if it can be developed and has many branches. The risk is that if your food doesn't sell, it will go stale and can't be resold

Even if food cannot be resold the food and beverage industry is one of the best ideas for small businesses these days. There is a demand for selling food throughout the year and there is less chance of loss in this business. Also the restaurant industry is one of the most profitable retail opportunities one of the best food service management ideas in a small town. Starting a fast food restaurant of any scale is extremely profitable in a busy market. It is good to invest in fast food restaurant business any unemployed woman or man can arrange their own employment through fast food restaurant.

[armanda90]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

[Baki202]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

I like were your experience is coming from which are the basic things that people need from food to cloths i wonder what people will do if there is no food to eat and everything we do is because of food there is no argument about that. Definitely the competition will be high since its a small scale a lot of people can afford the start up.  Just that you will get experience even when you get bigger once, and this days is even hard to do business. But business like food is a good one and you have to make yours unique just for more sells. And how you offer customer service is also important.

[Lantind]

I have some experience with small scale businesses ranging from food to clothing businesses, although with small business scale it does not rule out the possibility that the losses experienced are also small considering that there is quite a lot of business competition on this scale, especially with competition with large scale businesses such as companies. Looking for efficiency small scale business depend with your skill prefer on business, food, clothing design or which one more show with your skill and easy for building up with business in the future.

Food is most respond for small scale business but you have unique ideas and your business more difference than other business, actually look forward with new model of food and get modern concept when building up small scale business exactly in food. You must have experienced as chef if want build up as food with you small scale business and most important your business have adapt well with taste of your costumer around.

I like were your experience is coming from which are the basic things that people need from food to cloths i wonder what people will do if there is no food to eat and everything we do is because of food there is no argument about that. Definitely the competition will be high since its a small scale a lot of people can afford the start up.  Just that you will get experience even when you get bigger once, and this days is even hard to do business. But business like food is a good one and you have to make yours unique just for more sells. And how you offer customer service is also important.

Starting a business in the food sector is indeed a very profitable thing if the menu we offer has good taste quality and we have to choose a strategic location to build the business. In facing market competition, we must be able to maintain production quality so that the food produced is no different from before. If the business we build is in the clothing sector, I think there are many things we have to consider because the goods we offer must always be the newest because it is very rare for people to look for clothes with models that have been out on the market for a long time and if the goods we offer are old, of course we have to sell it at a cheaper price.

[hafiztalha]

So I am looking forward to venturing into another business but possibly after the 2025 bull run. What's in my head right now is to create a stall for grilled chicken business. The estimated capital should be around $6k.

before laying out $6k on a stall, just spend $30 on poultry and ingredients(condiments, herbs, spices, marinates) to make 10 varieties of flavours and then get neighbours, co workers, friends, family, random locals to rate it. work on building up a desired recipe, menu before purchasing a stall

even do a random survey of locals to ask what type of chicken they prefer, not just when eating out, but more when they home cook because there is not a eat-out option that meets their tastebuds(find the missing niche)

once you have the perfect recipe. choose the presentation.. Caesar salad, chicken cheese steak, chicken burger...
then if you want to save the $6k upfront try the option i mentioned in previous post (replace hotdogs with your prepared/marinated chicken)

That is a good suggestion here. It is always best to know what your target clients and customers prefer so you'll have a general idea of what your products will be. Many businessmen do this in order to know and understand the general area where they're planning to place their business and the type of products their target customer or the general public prefers, that way you wouldn't be launching a product that only the minority likes which then will result to low sales.

To start any business ,it is very necessary ,it should solve people 's problem.More people's problem you will save,more chances to sell your product or service.There are thousands of problems people are facing ,you should identify one problem and work professionally and market your product because is necessary thing in any business even to start a small scale business.Small businessmens should  work for marketing . Marketing is a one thing that can change your small business to large scale business.Education of business is very necessary ,you should develop skills ,in this way you will get chance to enjoy you life without limitations.In digital World, digital marketing is very important.One should invest in digital marketing and should be available on social media platforms like Facebook ,Instagram and TikTok and YouTube.These platforms will increase your income and trust on you.

[Renampun]

...

If you work you will get fixed amount of money at the end of the month but when you do business your amount of money will be unfixed.  Those who do not have financial support can take a job and save some money and then start a business. Business can be of any type, a new person should choose a business that will be easy for him or a business that he can achieve success quickly. Experienced people always say to look for alternative sources of income. According to them you have a good job now you are satisfied with that job but still need to build a business or outsourcing means to never have financial problems. 
A person can start any business according to his ability whether it is a small scale business or a large scale business.

that's absolutely true, there are several businesses that can be started on a small scale for beginners and all of this can be found by watching your surroundings carefully, the women's accessories business that I started several years ago is still running quite well to date, even though there is no increase in consumers which is significant, but I am quite satisfied because if you average it out, the results I get are quite stable every month, I can also save well, that's also because I follow the BTC paid campaign, as long as I can still work then I will continue to try to earn money, it's all for my preparation for the future.

[dansus021]

Small-scale business is opening a youtube channel or selling some groceries in real life bro. 

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

[Litzki1990]

Small-scale business is opening a youtube channel or selling some groceries in real life bro.  

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

If you start a grocery store on a small scale in the initial stage, we can call it a small scale business, but when your business becomes profitable, your business will go from a small scale to a much larger scale. From practical experience, I have seen many businessmen who started their business on a very small scale and have become very big businessmen today. Again, I have seen many businessmen who started their business and did very good business for three to four months only to close their business due to debt. A trader has to keep in mind all aspects, according to how much capital a trader has to pay the balance. My capital is less but if I sell all the products in the rest but we can't run our business. The rest of the calculation is bringing the right product at the right time and attracting customers and treating customers well, if done properly, a person can grow from a small business to a big business.

[dansus021]

If you start a grocery store on a small scale in the initial stage, we can call it a small scale business, but when your business becomes profitable, your business will go from a small scale to a much larger scale. From practical experience, I have seen many businessmen who started their business on a very small scale and have become very big businessmen today. Again, I have seen many businessmen who started their business and did very good business for three to four months only to close their business due to debt. A trader has to keep in mind all aspects, according to how much capital a trader has to pay the balance. My capital is less but if I sell all the products in the rest but we can't run our business. The rest of the calculation is bringing the right product at the right time and attracting customers and treating customers well, if done properly, a person can grow from a small business to a big business.

Yeah opening a new business can be very hard, there are so many factors that can happen including attracting customers and initial investment.
Debt also play a high role in business we can actually see large-scale medium-scale business that run for decades decide to bankrupt so money management is also important.

[junder]

Small-scale business is opening a youtube channel or selling some groceries in real life bro. 

Let's say in your place far away from the minimart and there is no other person who sells groceries you can start selling it buy from a big market or supermarket and then sell it outside the house the profit might small but continues. Sell fast move stuff like soap, rice, vegetable oil etc.

or invest in stock market but This is not considering as a business in my opinion but dividen stock can give you money

Yes, it's true what you said, but at this time there are also many people who trade via the internet, because at this time most people are always active every day on the internet that way they easily access people to see the products being sold, of course it must be accompanied by marketing techniques as much as possible the seller must make good advertisements to attract the attention of people who are active on the internet, like this it is easy to access people outside or far away, if a business like this can produce and even be profitable of course the seller will not continue like this he will do something else by opening a shop that will become a warehouse for their goods.

Of course this is one of the effective ways to utilize the internet which is currently being widely used by everyone, by broadcasting live broadcasts to show the goods we sell, of course here too the seller must be smart to talk to attract the attention of everyone who watches it so that they can buy the goods being sold. Even without direct interaction like this, good marketing techniques must also be mastered. So there is nothing wrong with trying opportunities like this that initially did not have a shop maybe later it will be able to set up a shop.

[Noson]

In our society today, small scale business has greatly been beneficial to people. For a start, it doesn't really involve a gigantic capital. All you just need to do is to decide on a particular one.

Personally, I have been dealing with fairly used clothes, shoes and bags. Honestly the profit involved is mouth watering.

This business entails close checking and quality of the goods you intend to buy and sell to your customers. Once you can master this, then you are in for a favourable and  unending financial bursts

[bhadz]

Can be from loans, from the sale of your other assets, or from your savings. But today is actually a great era when you don't need some investment for some business ideas. Do you see the annoying affiliate links that are being shared on social media? They are referral links that's being clicked by the viewers of those contents that are also interested in the products that they share there. You don't need capital in doing that and all you need to do is to have effort in doing contents like short time videos and then at the end of its caption there goes the affiliate link for that product and every sale being done through your link, there goes the commissions that will go to you.

[EluguHcman]

Most times some business people do not have the strategy of marketing such as setting of campaigns and adverts but have the capital to undergo a business while some person's do have the required quality of marketing strategies but does not have the capital to kickstart the business.

So, if you want to start a small scale business, it should be something knowledged about and you must be a shameless type because your endivoirs engagements may be seemed underrating to the seight of the public.

Sometimes you know what particular products or investment that is required in a particular environment, you can lias with someone for a marketing partnership.

E.G.
If you have learnt and acquired the necessaries, you can meet one of such business products investors to release some part of his/her goods to you for marketing with his fixed price and an agreed percentage you would gain from every sales, then you can go on home deliveries or the axis you learnt where the products would be needed, you can also add a price of your own if possible and giving your products Investor his returns.
You can also create online marketing sites advertising the goods while posing to be the legitimate owner and while doing this, you are making names with a branded inventors business names as you uses someone else's products to make speculations of yourself same time making little savings.

From the onset, zero capital was required til you began to explore enquiring where your products owner or alternatively how you can purchase such products by yourself at your readiness while you keep saving to realize some capitals and we time keeping customers on a circle til you know you have saved a little to start on your own with the little way you can.

For instance it was a  clothing business, then while you do your home or street deliveries, you can start up a roadside shopping centre while you strives to explore til your dream is met at your most goal of success.

[Egii Nna]

On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Do you have a small business idea? or business experience? I want to hear it

Yes, there are many small businesses that you can do to earn money, but some need skills while others don't. Some examples of this small business include selling items online. For instance, you can bake small cakes, sell them, and do other snacks. Again, you can still buy and sell items online like headsets, phones, and other gadgets, which will gain you more profit and less loss. You can also teach others the skills you have by organising online classes, and you will be paid for these skills, including graphic design, web development, writing, and many of them. This skill can get you more money than you ever thought of getting.These are some small business ideas that I know will bring more profit to you as an individual.