Small Scale Business Ideas

[Lanatsa]

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

Neither business or investment which it is really just the same in overall essence then of course it would really be needing capital. Less risk? No it is really just that the same with those bigger ones or capitals because losing money would really be still that the same whether big or small. It is really just that they do only differ on how big or  small the business is or on how long or short you would really be able to reach your ROI
but we know that business ideas or tending to make or build one is never been that easy.Why? The market is already that bit saturated and if you arent really that thinking for something new or having those new offerings then you wont really be able to succeed yet you wont really be getting some marketshare due to lack of recognition.

For me, im not saying that this is a small scale but i have started my own piggery business which starts up with 15 heads which taking up the fattening path then it is really that costly
or something that not ordinary person would really be able to handle and this is why it would really be varying on your financial capabilities because not all would really be having that
kind of opportunity on doing so.

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[Iroh]

The most common way of seeking out capital for a business is heading over to your local bank with your business proposal. Banks are always interested in opportunities to make more money for themselves and giving out loans has always been a good avenue for that. Banks are also quick in recognizing applicants with little to no prospect of paying back loans.

In my opinion, low risks would naturally lead to low profits if any as high risks would lead to high profits if any. A low risk investment just cannot bring that promising profits we all seem to want.

It’s much better to start a business doing what we love and enjoy. But it’s just not realistic for everyone to create and start up a business out of what we enjoy doing. So a good idea in my opinion, is to create or bring closer a product or/ service needed but lacking in your environment. Having a startup also isn’t an easy feat as there is always work to be done. With very limited manpower, the bulk of things to be done would fall on you.

[Adbitco]

I think low risk business or small businesses depends on the country you are coming from, but to minimize risk you can involved self with a self delivery business.. let say you sells clothes online and when people orders for it they pay then you either delivers to them through the delivery services or you can deliver them yourself to their various locations.

 Then another you could do more is about your field of study, for example like those who studied computer engineering they can get themselves employed and reduce risk by offering services to people to maintain their computers at home or you can get a shop for that and people starts coming to your shop to repair their computer and smartphone if that is possible in your country, in my country I have seen many people are into such business and they are making and the risk associated to it is likely zero because they hard nothing to lose at long the line.

Next is farming, it has a very low risk and low capital for a starter the thing is it requires those who studied agriculture ( let's say fishery, poultry) or any other courses can go in this business what you need is a space (empty land) to set up, with this the chances of lost are also minimal. So this are other ways to seek capital then you can invest in a huge business with funds generated from those business.

[mindrust]

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?

Finding capital is a tricky subject. You have a few options here.

1- Borrow money from banks
2- Get a job and save money
3- Inheritance (have a rich family)

You should have taken advantage of the low interest rates but now that time is long gone so borrowing is not really an option anymore.

Getting a job (or freelancing) is the only way now and unless you are skilled in something, you won’t go too far there.

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.

Building passive income is easy if you have the capital. Bonds, dividends and real estate… There isn’t really any other real option there.

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

It seems to me you don’t really know what you want. Do you want to start a business or do you want to build a portfolio that brings passive income? Do you have any capital, do you have any education?

What do you want to learn from us exactly? Do you want us to tell you our business secrets?

You didn’t give us any information about you so we could work with it.

[spectre71]

Going to highly depend on your area. For instance I live in a town of about 110,000. A cupcake shop opened up and it didn't last a year, too specialized for smaller population. The one in the big city appears to be thriving.

My next biz will be something I do alone and at home. Too many problems with storefronts, employees and partners.

-Property management.
-Real estate
-CPA
-Hand crafted patio furniture.
-Pool cleaning.
-pressure washing

Personally I wouldn't try to sell things that one can get online through Ebay or Amazon. In my mind that would be a service business.

 EDIT: I would consider just getting a second job and invest a portion in BTC. Building a small company and servicing a loan is a huge burden, almost insurmountable. IF anyone gives you a loan the rates are going to suck.

[TheUltraElite]

Availability, Behavior and Communication are the ABC in running a small scale business - the three are good general traits and are applicable in many other aspects of life.

One needs to identify a niche which might be deficient in a place and start their business with that in hand. Capital originally comes from their own pocket, maybe loan from banks and then if they manage to scale the business well, public offering of stocks and so on. It is a long term thing and it need a lot of labor from the side of the owners.

Its not easy and its not for everyone, patience is important and so is a backup mode of money making because this will take time to develop and grow.

[livingfree]

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

Finding a capital for investment is on you. You don't make a business and then get the capital from others unless you're a crowdfunder and you really are good at it.

But as a small startup, it's best to just start with the money whatever the amount is on your pocket. I've got a lot of ideas and I've got business experiences.

They're all roses if you know what that does mean. They're like beautiful and success but also there were thorns. If it's about business ideas that you are wanting to have, you can search on the web and you'll see tons of it and what suits you. That's what I did before.

[Razmirraz]

You can look for small-scale business ideas in places where families often visit on weekends, people who often spend their time working in government and private agencies will take their wives and children on holiday to tourist attractions like Dufan or to the beach. There you can often find several small traders who can inspire you, on average their goods are sold out, especially those selling snacks such as ice cream, roasted corn, French fries and snacks that are most popular with children.

Small businesses like this are often considered trivial, but they can reap big profits. You can try one of the small business ideas with limited capital to start building a business empire in the future. When you have sufficient capital from the results of the business you run, you can invest by opening a branch in another place by hiring several employees. Even though you don't work, money will still flow into your pocket from the investment results you made.

[Mpamaegbu]

How do you find capital for investment?

That would depend on individuals, of course. The last place I want to go get capital (whether for investment or anything else) if I can't raise it myself, is the bank. I hate those loan sharks. They're worse than Shakespeare's Shylock as portrayed in The Merchant of Venice in today's reality. Yes, I know that some people's first place of call to raise cash is the bank while it's a no-no for me. Different strokes for different folks.

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

You should try poultry business. Do both meat (broilers) and egg chickens (laying birds) and then make your pick between the two to emphasize your choice if you've to pick one of them. You can do both if you've the capacity, anyway. Start small in a rented apartment and then grow it from there. That's for offline investment. If you want to go online, consider trading – Cryptos, FX, Indexes, and Stocks.

[Smartvirus]

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

It almost feels as though your asking for proposals of which you would like to invest in when you say, you’ll like to hear it.

Anyway, you have to understand that business ideas do thrive in one region more than the other which depends on the available resources and if the services to be provided is a much need one. In the search for ideas, you could do a survey within your locality, search within yourself to determine what service your not sufficiently getting and what it takes you to satisfy such service.
Then you can do a survey on it and keep options open for more ideas.

One business that has proven to stand through time is the good business. Humans can’t do without food and as such, your sure to sell. You could as well provided what is more common in an area within an area of scarcity. Local importation and make money off it.

You mustn’t always need your own capital to start but, if you do, then it’s okay. You can serve as an intermediary but, never connecting your buyers with your supplier. You make the connections by becoming the chain link and make money off it. It’s not that simple as presented but, it’s achievable.

[puloweh555]

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

Capital other than nominal. Mental capital, honest capital, confident capital, prayer capital, calm capital. Always think positively, don't assume there are competitors so that your mind is focused and calm with personal goals. Allah cannot be wrong in providing all sustenance, there is a measure of whether it is fast or slow. The most important thing to emphasize is to be confident and keep trying. Because when starting a business, action is the key to success. As much as possible, avoid planning for too long or thinking about excessive details. Start acting with what is available and slowly expand according to the time and resources we have.

Coincidentally, my sister and I have started a small business, namely a grocery store and online sales, with the above determination to increase our confidence and knowledge in managing a business that started with small capital. Hopefully it will continue to grow and be a blessing always.

[|MINER|]

Everyone should start their business with a small business.  As the amount of capital is less in small business, also  the amount of loss is less .  No one wants to suffer financial loss.  So it is better to invest less in the beginning of the business.  As a small business you can grow vegetables.  It is in demand every day.  It is possible to be profitable if cultivated in the right way.  There are also online based businesses.  Nowadays People are turning towards online. If you want you can start business online with small investment.  The beginning is a bit difficult but once you get the business up and running you will never look back.

[Abu-Naim]

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

Small-scale businesses can be started without capital if you have a smart phone that has access to the internet and positive-minded people in your contact list.
Social media like WhatsApp, Twitter, Instagram, and others have provided means of earning money through advertisement. You can advertise clothes, shoes, and other things on your social media handle for people to see in your contacts. If anyone is interested, you can get it for them and get a small profit from that. If you continue doing that, you can also own a brand and keep growing your business.

[Lorence.xD]

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

Most businesses are actually started from low scale businesses first before achieving the large scale one. Well we could say that all of the investment that you're going to do in business will always be included risk. But for me, I'm thinking of building an airbnb rental business since I have properties that are near tourist spots, which I think it would be a success. To be honest that business would be needing a huge capital since you'll have to think of the equipment and tools first. But for low scale maybe selling foods as a vendor would do good as logn as you know your target customers. Always know your place if it's a good spot to start a business plus if you want to boom your sales, include social media as your advertisement.

[Dunamisx]

Most of these giant business we are seing today have once existed as a small scale and medium enterprise, but the owners work on developing them to what they have become today and we are also expected to build up our business idea to something tangible that can serve them a global benefits and last long, we have to work on the little idea we have today because it may turns out the big business development or establishement we wanted to see tomorrow, this will also help others depend on us through what we offer the economy.

[molsewid]

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

This comes from my real life experience. I join my friends in their plan to create a Digital Agency but we don't have capital to buy softwares and other things, what we do is we market ourselves it means we market our skills and that is the first capital that we used. By doing that everyone could have share in funding without  really spending something , other thing is you can start getting clients and ask for upfront make sure that you have a contract and invoice ready.

[Captain Corporate]

I always liked the small product ideas a lot, not that I would ever do it because ti would be incredibly tough to get into, but it is also very fun in my mind even if I do not do it. Doesn't matter what it is, you could make usb's and sell them, you can make shirts and sell them, you can make 3d printer stuff and sell them, it doesn't really matter what it is, I just feel like we are talking about something that is small and that should not really ybe a big cost to you when you are building. When you do that, it becomes very fun to handle something like that and it all just leaves it to being able to sell it or not. That is why I believe that it would be "fun" but its hard to sell so I do not get involved with them.

[Cling18]

I grew up with my parents having a small business as our source of living. I must say that it wouldn't grow  that easy and there will be different challenges along the way. We've experience bankruptcy many times but the good thing is we're able to conquer everything by taking each business failure as a lesson to correct our wrong decisions. When we have lost our capital because of financial issues, we borrowed from a family friend but my parents has been very skeptical and strict in budgeting and tracking the profit and expenses to monitor if the business is growing. Through the years, we've faced trial and error phase and fortunately, after several years, we're able to make our business grow despite all the hardships. I could say that that businesses no matter how big or small it is won't succeed over night. It has a lot of challenges to conquer for us to reach our business profit targets.

[Bananington]

Do you have a small business idea?

Small business ideas with little risk but good profit will expose you to positions that you must be willing to put yourself in to make the leanest profit to save up for a better business. There are small business you can start with very very little things that you are good at. Something like gardening, dog walking, cleaning jobs, House sitting, errand jobs, can be low risk jobs where you do not need to invest so much into before you can start. These are the smallest scale businesses I can think of.

[DVlog]

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

The bank is the best option for a loan, and if you don't want to take a loan, then sell your assets.

The bigger the investment, the higher the risk. If you want to start a small business, then I would say to be aggressive and take a lot of risk. If you go broke for this, then do it early so that you can rebuild.

If I have a small business idea, why should I share it with you? I would do that myself.