Running a small business does not necessarily mean that it can’t be a great business. In fact, some of the greatest businesses known today started out small. Perhaps one of the most famous of these is the world-renowned Amazon, which started out as being completely run in founder Jeff Bezos’ garage. Even the international icon and status brand of Apple started out this way, with Steve Jobs and Steve Wozniak assembling their own wares of computers in a small Cupertino garage.
In starting a small business or any other business, the most important aspect is the product or the service that is going to be offered. This could be inspired by a hobby or a simple realization of things that people need but apparently do not have easy access to.
Hobbies are a great way to start your own small business. They not only allow you to do what you enjoy, but you also have the opportunity of making that hobby work for you. Perhaps you like reading books and have so many shelved up and gathering dust, why not open a small neighbourhood library or reading center? People can pay a fixed amount to have access to your collection of books for a certain period of time. It is up to you if you want to rent them out or not. A lot of people are actually able to make money by selling used books online.
There are also a lot of arts and crafts that can be turned into good business. Why not sell paintings or needle-work? Are you good at creating and designing bags or baskets perhaps? If these things interest you, then there is a chance that other people will be interested in them too. Just apply your own magic touch to your products and make sure that they are beautiful not only for you but for your target customers as well.
Some of the most common ventures that started out as a small business is probably something that has to do with food. Food is a necessity for survival and well, human beings definitely consume more than they need. It is in our very nature to love food, so much so that despite the presence of millions of food stores out there, we never seem to get enough.
Who hasn’t heard of Mrs. Field’s Cookies? Or McDonald’s or Kentucky Fried Chicken, anyone? These big names actually started out from the venture of one or two people who wanted to share their special homemade food to the rest of the world. Rocket science is not needed, even things as simple as fried chicken or burgers and fries can be the next big thing.
The great thing about starting out a small business is that it need not be capital-intensive. Sometimes, all you need is a bit of ingenuity, a dash of creativity, a whole load of perseverance, and the will to see it through. No matter how small a business may be, even if it’s just a simple stand on your front lawn or an online website showcasing your home-baked goodies, if you learn to love it, then it could be the next Amazon.com or Apple.
Warren Knight is a featured and syndicated expert columnist on the topic of business & finance for the Secret Enquirer. For more Business & financial tips and articles, visit http://www.SecretEnquirer.com now.