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Retail Business

Clocks

It’s always the perfect time to start a clock business.

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Business At A Glance

Clocks

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

Business Overview

Calling anyone that is seeking to start amanufacturing business that can be operated from home, costs less than$1,000 to set in motion, does not require special business ormanufacturing skills, and has the potential to generate profits of$50,000 per year or more.

Does this sound like the business opportunitythat you have been looking for? If so, perhaps you should considerstarting a business that manufactures clocks. We all need them, and themarket demand and product acceptance from consumers has been proven forwell over a century.

The components needed to build the clocks can bepurchased on a wholesale basis from manufacturers of these items, whilethe housing for the clock itself can be manufactured by your business.The key to success is to make the clocks different and appealing toconsumers. Try a different manufacturing process, or use a unique rawmaterial to construct the clocks from. In other words, find your niche.

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Retail Business

Carts and Kiosks

Don’t have a ton of startup capital? Consider a cart or kiosk business.

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Business At A Glance

Carts and Kiosks

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

Business Overview

Carts and kiosks today are upscale–and highly lucrative–ventures. Thedifference between a cart and a kiosk is that a kiosk is larger,enclosed and has space for you to sit while you work.

You can purchaseyour own cart or kiosk and have it custom-built for your merchandise,or you can rent one from a mall. And you can sell just aboutanything–from sunglasses to sunflowers, hot dogs to dog figurines,perfumes, personalized coffee mugs, T-shirts, sweatshirts, chocolatechip cookies and cooked-to-order health foods.

You can operate yourshop at a wide variety of locations–in a mall, at sporting andentertainment events, at flea markets, on busy downtown streets, attourist promenades, or where workers convene for meals or snacks. Theadvantages to this business are that it’s much less expensive to getinto than a traditional retail location, you can start part time if youlike, the earning potential is excellent, and if business gets slow atone location you can pick up and move to another.

You’ll need thestamina to stick to your post for long hours (especially if you’ll beoutdoors), a good working knowledge of retail operations and a flairfor attention-grabbing displays. You should also have an extrovertedpersonality because a large part of cart and kiosk sales is interactingwith passersby–making eye contact and offering a smile and perhaps aninvitation to examine your wares or sample your treats.

The Market

Who your customers are will depend on your products and location, andthe best way to earn their business is by stocking a clean, trendy,eye-catching cart or kiosk; looking clean, enthusiastic and cheerfulyourself; and doing the market research to place yourself in the bestpossible location. Think about where you’ll find people who’ll wantyour goods, then case the site at different times over a two-weekperiod to get a feel for traffic flow and customer demographics.

Needed Equipment

You’ll need a resale license so you can purchase your productswholesale, and if you’ll be serving food, you’ll need a permit fromyour local health department. And if your cart or kiosk will followbehind your vehicle like a trailer, you’ll need a license for it.

Ifyou’ll set up shop in a mall or office building, you’ll need to getpermission from the mall or building manager. On a street corner, parkor event site, you’ll need an OK from city, county or eventauthorities.

Your minishop should be equipped with a cash register andadequate display or preparation space (if you’re making food) for yourproducts, plus any grills, refrigerators, freezers, steamers or ovensyou’ll require. You should also stock a stool to give your feet a rest;sales tickets and tags; and boxes, bags and papers for wrapping upmerchandise.

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Retail Business

Candy Maker

Here’s a business that promises sweet rewards.

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Business At A Glance

Candy Maker

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

Business Overview

Starting a business that creates chocolate candies and treats is agreat new enterprise to initiate, and the business can easily be formedas a joint venture with an established catering service or restaurant.

The purpose of forming the joint venture with an established businessis to greatly reduce the amount of startup capital required to get thebusiness rolling.

A joint venture can enable you to utilize thepartner’s commercial kitchen, and in some cases the existing employeeand customer base. Additionally, be sure to investigate the potentialfor forming alliances with charity groups, schools and organizations asthe students, volunteers or members can be enlisted to sell packagedchocolate candies with partial proceeds going back to support communitycharities and programs.

The Market

The chocolate candies and treats can be sold to specialty retailers ona wholesale basis, or directly to chocolate loving consumers via asales kiosk or factory direct outlet.

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Retail Business

Convenience Stores

Set up shop in a convenient location and you’ll have customers dropping in.

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Business At A Glance

Convenience Stores

Startup Costs: $10,000 – $50,000
Online Operation? Yes

Business Overview

In spite of the rising popularity of internet shopping combined withhome delivery of grocery and convenience items, starting and operatinga ‘mini convenience store’ is still a good business venture to activatethat has the potential to generate respectable profits. The namesuggests it all. In order to succeed in this segment of the highlycompetitive retail industry, the store must be convenient.

This meansan easily accessible and highly visible business location, well-stockedwith the most popular convenience products, and fast and friendlyservice. Remember, if a customer’s shopping experience at the store isnot convenient then there won’t be any repeat business.

In addition tothe usual supply of convenience products, such as milk, eggs, bread,snack items, and soda pop, be sure to add other products and servicesto attract customers to the store and keep them returning as repeatbusiness. These products and services can include lottery ticket sales,tobacco products, newspapers and magazines, a fax service,photocopying, calling cards, postal stamps, and even fresh-cut flowersfor sale on a daily basis.

Once again, business location is the key tosuccess. The business must be located with easy street access and goodparking, or alternately in an area of heavy foot traffic like a mall,transportation terminal, or office district.

The Market

People in a need of a convenient, one-stop place for one or more of their needs

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