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Inventor

It only takes one good idea to become a full-fledged inventor.

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Business At A Glance

Inventor

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Are you the type of person who is alwaysthinking of how to do something better? If so, maybe you should giveconsideration to becoming an inventor. The title is not as ominous asit sounds. Every day thousands of products, formulas, and methods arebeing invented to make life’s tasks easier, or to assist mankind ingeneral. Inventions do not have to be ground-breaking discoveries, theydo however, have to have a practical use and be innovative and unique.The potential to profit as an inventor is as varied as the start-upcost of the invention itself. To see first-hand a simple and effectiveidea of what an invention can be, visit www.lawnbuddy.com. This veryenterprising entrepreneur and inventor has a clear and conciseunderstanding of the art of invention.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

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Entertainment & Events

Bouncy House Rentals

Supply the life of the party with a bouncy house rental business.

Entrepreneur

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Business At A Glance

Bouncy House Rentals

Startup Costs: $2,000 – $10,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Bouncy houses are inflatable amusement gamesthat children and adults absolutely love to bounce around in (and on)and they are available in a wide range of shapes, sizes and themes suchas castles and blimps.

Renting bouncy houses is easy, and you can makeincredible profits, up to $250 per day, just for delivering, setting upand returning at the end of the day for pick up. This is perhaps one ofthe best part-time business opportunities available. New inflatableamusement games cost in the range of $2,000 for small basic models, andup to $15,000 for large, fully featured models. Used ones are availablefor about half the cost of new. In addition to renting theseinflatables for children’s birthday parties, they can also be rented tocharities, sports and social clubs, and for corporate and communityevents. Setup is fast, taking one person approximately 30 minutes andabout the same amount of time for dismantling and removal.

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Entertainment & Events

Karaoke DJ Service

Take the karaoke to where the party is. What business owner doesn’t want to leave his or her customers singing?

Entrepreneur

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Business At A Glance

Karaoke DJ Service

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Karaoke singing has become wildly popular in the past decade and toback this statement up, look no further than your own community. I’msure there’s a local karaoke club or karaoke singing night at a bar orclub. The requirements for starting a karaoke DJ service are basic: Youneed karaoke equipment, a good music selection, and reliabletransportation. Of course a fairly decent singing voice and a dynamicpersonality isn’t going to hurt business either. You can market yourservice to event and wedding planners as well as to local nightclubs,restaurants and pubs that may entertain the idea of a weekly karaokesinging event or contest.

The Market

Your main customers are the venues that will host your karaokeservices. This can include bars, restaurants and clubs. Don’t forgetless-visible lounges like those in bowling alleys, hotels andrestaurants. You can also market your service to planners of eventslike corporate meetings, holiday parties, weddings and birthdays. Yoursecondary customers are the karaoke singers; you’ve got to provide agreat selection of songs and good service to keep them coming back weekafter week. Usually, tips will also be part of your business income soit pays to be friendly, fun and helpful.

Needed Equipment

You need a professional-level karaoke system, which may include akaraoke machine, microphones and speakers. (The last item is a must ifyou’re marketing to venues that don’t have speakers you can plug into.)You will also need monitors so that participants can read the lyrics, avery large catalog of CD-Gs (karaoke discs that include the graphicsthat appear on monitors), and a way for people to look through thesongs–alphabetic lists by artist and song title in three-ring bindersusually do the trick.

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Entertainment & Events

Party Tent Rentals

Help people prepare for perfect parties

Entrepreneur

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Business At A Glance

Party Tent Rentals

Startup Costs: $2,000 – $10,000
Online Operation? No

Business Overview

Renting party tents is a fantastic opportunity for people who aresearching for an easy way to earn extra money. Just think of all thepeople, companies, and organizations that routinely rent large tentsfor outdoor events’wedding planners, catering companies, event andcorporate planners, charity organizations, retailers hostingunder-the-tent sales and clearance events, and sports teams and clubs,to name just a few.

New party tents can be expensive, up to $5,000 ormore for large ones, but with a little bit of research it is possibleto buy secondhand party tents in good condition for about half the costof new and even less if you are prepared to make a few repairs. As arule of thumb, large party tents require about one hour for two peopleto set up and about the same time to disassemble, while one person canerect and disassemble smaller tents in half that time. Depending ontent size, rental rates are in the range of $200 to $400 per day,including delivery, setup, and disassembly. Extra income can also beearned by renting tables, chairs, lighting, and PA systems.

The Market

Wedding planners, catering companies, event and corporate planners,charity organizations, retailers hosting under-the-tent sales andclearance events, and sports teams and clubs, as well as individualshosting events.

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