“Business opportunities are like buses, there’s always another one coming,” and if you already caught yours, then it’s time to talk about the business world, how it works and what difficulties you will face while operating your business! Believe it or not, there are so many things that you still don’t know about, and we are ready to disclose the information you were always waiting for!
Okay, you decided to start a business but you don’t really know where to start from: that’s completely normal! However, there’s one thing that you should consider right off the bat – the business idea. Have you decided what you want to do in your future, or are you still doing your research and reflecting on opportunities and chances?
In any case, as an agency that helps people realize their dreams into reality, we would like to help you with your business idea. There are so many things that you can actually do and enjoy, you just need someone who will push you towards realization.
Today, we will talk about businesses that are based on providing certain services. Believe us, selling services is as profitable as selling products, you just need to make the right choice! So…
Pros of Service-Based Businesses
Service-based businesses do not require big investments as you don’t create, develop or source any physical product. In this case, everything is in your hands, you have more control over your business and don’t depend on inventory.
What’s more, service-based businesses are more flexible. You cannot go out of stock, you can’t offer damaged or defective products, and you can’t lose your products during the delivery! This way, you will be able to choose the place, time and people you want to work with, isn’t that wonderful?
The first service that is popular in the U.S. is childcare. Let’s accept that people tend to work more, to earn more and enjoy their life more than ever! We all understand that we can find the solution to all of our problems if we have enough money, and that’s why we work!
However, there’s a tiny obstacle when it comes to working – kids. Yes, they are the most adorable, sweet and charming creatures that exist in our world, but to tell you the truth, sometimes they stand on the way to professional development. But guess what? There’s something called childcare!
Of course, childcare was almost destroyed during the pandemic, but guess what? As people find it difficult to stay inside and can’t take the household no more, they start working, going outside and developing their career! So, make the best out of nowadays’ demand!
It’s always important to look through the eyes of your potential customers. For example, do you know what is better than seeing your house clean, spotless and organized? Nothing! Unfortunately, no one dreams of actually cleaning the house, and that’s when you can act! Use the opportunity and open up your own house-cleaning service, help people clean their houses and homes, earn money and expand!
House-cleaning includes literally everything that is somehow connected to cleaning, including maid services, window and floor cleaning, carpet cleaning, and so forth… Choose your own direction and operate your business in that way: in any case, you should be unique and stand out with your ideas!
People are obsessed with their pets, just as they are with babies! So, consider pet-sitting as childcare for pets. But there’s one thing you should know before opening up a pet-sitting service: it’s not only about dogs or cats, there are more pets than you think! For example, small mammals, birds, fish and other small pets that need special care and attention.
Here’s another tip regarding pet-sitting: research not only your customer segment, but also the location of your business. If you decide to work outside of your main area, you will spend much more on travelling costs, spending resources and so forth. So, make sure you know what you want, what you need and what you can. However, if you feel that you need additional help and want to better understand your business needs, you can always contact us for consultation!
Remember that even service-based businesses require paying taxes! If you feel that you don’t have enough knowledge regarding taxes, exemptions or deductions, you can always contact us and make sure your business has reliable tax partners by its side! What’s more, you will never have to overthink when it comes to multi state sales tax, income tax and other types of tax that you don’t even know about!
As you can see, having a service business is what the doctor ordered if you’re looking for low startup costs, flexibility and more control over your business. So, if you’re ready for the formation process, get in touch with us now!