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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

Singles-Only Event Promoter

Help singles connect by promoting events designed just for them.

Entrepreneur

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Business At A Glance

Singles-Only Event Promoter

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Two things make starting a singles-only event promotion business a safebet in terms of the potential for success and profitability’a 50percent divorce rate, and people choosing to stay single much longerthan in decades past.

Lots of people in their, 20s, 30s, 40s and evenolder–are still looking for Mr. or Mrs. Right. The result is a wholebunch of single people looking to meet other singles for fun,friendship, and maybe even love. Plan and host singles events such aspub nights, group outings to concerts and sporting events, local andinternational travel destinations, bingo nights, Saturday morningwilderness hikes, and Thursday night potluck dinners. Providing theevents are unique, fun, and exciting, word will spread fast, precludingany need of costly advertising and promotion once the business isestablished.

The Market

Singles of all ages, ethnic groups and religions.

Needed Equipment

Desktop computer with the usual office suite and desktop publishing software to create flyers and a website.

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Entertainment & Events

Event and Party Planner

If you have a knack for planning and parties, this could be the biz for you.

Entrepreneur

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Business At A Glance

Event and Party Planner

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

If you love to plan and host parties and special events, then startingan event and party planning service will be right up your alley. Eventand party planners share common personality traits; they aredetail-oriented, well-organized, good communicators and very creative. In a nutshell, event and party planners are responsible for organizingand hosting special events such as wedding anniversaries, birthdays,graduations and award ceremonies for their clients.

Duties can includecreating and sending out invitations, selecting event locations,decorations, arranging for entertainers and speakers, selectingcaterers and menus and just about everything else that is required topull a special event together and put it on without a hitch, includingarranging to get everything cleaned up after all the guests have left.

Networking, networking and more networking will be your main marketingtool for attracting and keeping new business, peppered liberally withadvertising in newspapers, the Yellow Pages and direct-mail fliers. Youwill also need to build a reliable team of contractors; businesses andindividuals who you can call on and rely on to supply products andservices required for hosting events on time and on budget. The morereliable your team is, the more successful and profitable your eventand party planning service will be.

The Market

Businesses and individuals who are planning special occasions and events.

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Entertainment & Events

Party Balloon Service

Selling and setting up these party products may balloon into a great business.

Entrepreneur

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Business At A Glance

Party Balloon 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

Less than $5,000 will set you up in your own party balloon service. Thedemand for this service is certainly not limited to only children’sbirthday parties. Marketing a party balloon service is best achieved bycreating a colorful presentation to be distributed to all local eventplanners, children’s stores, catering companies, daycare centers,wedding planners and banquet halls.

Likewise, attending localnetworking clubs or chamber of commerce meetings is also a fantasticway to get the message out about your new service. A small amount ofresearch into your local market will assist you in product pricing aswill determining demand and competition in your local community. Shouldyou encounter a great deal of competition, you may want to addadditional services to your enterprise to create a competitiveadvantage. Great add-on services can include a party cleanup serviceand an event planning service. This is a business that can besuccessfully operated from home. However, you’ll require adequatetransportation, as the balloons need to be filled with helium the dayof the event.

The Market

Your customers are anyone throwing an event–a children’s birthdayparty, an anniversary party, a wedding and reception, a businessbanquet, holiday party, etc.

Needed Equipment

A great stock of balloons, helium tank, and large vehicle

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