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The 5 Best Small Business Ideas by [Idopedia]

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1.The secret to finding a great business idea

Here is the secret to finding an awesome business idea. You need to be systematic and you need to be thorough. You need to put together a solid list of proven and practical business ideas. Then you need to carefully evaluate which ones would be most likely to work for you.

2.Art Gallery

I see two routes to success in this business: 1) Focus on artists with well- established followings that you are comfortable that you can sell or 2) Take on less well-known artists on a consignment basis, meaning you don’t actually buy the painting from the artist until the day you sell it. This can be a finicky business–people’s tastes can change and a gallery that is successful one year can find itself struggling enough. So, keep your overhead manageable and watch for changing trends.

3.Bartending Service

Sign up for a bar-tending course at the local community college or adult education centre, get a safety certificate if your state requires it, and then you’re ready to start serving. Usually, the client will provide the booze and the glasses, you might bring a few mixing tools or even a service cart if you want to get fancy. Demand for this service will run strongest on the weekends, making it a great part-time gig!

4.Cake Making

I can barely “cook” a frozen dinner, but you may have the cooking skills that I lack! People will pay good money for a really awesome cake for special occasions. Get some great cake pictures up on your website, promote your skills to event planners and build your clientele!

5.Clothing Boutique

My kids did an upscale sneaker and related goods boutique. This can be a lot of fun but it may be harder than you think to make money. First, make absolutely sure your location has great foot traffic—stand there and count heads before you sign a lease! Then develop a distinctive plan for merchandising, and don’t be afraid to mark down what isn’t moving.

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