Connect with us

Retail Business

Vacuum Cleaner Sales

Here’s a business that sucks up profits.

Entrepreneur

Published

on

Business At A Glance

Vacuum Cleaner Sales
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

A vacuum cleaner sales and repair business is a terrific small business venture to put into action, as the business and consumer demand for the product has been proven for many decades.

Like any new retail business venture, store location will top the list of special considerations for this new venture, as well as local competition, potential market growth, and local labor force for the vacuum repair aspect of the business.

If you do not possess this ability. It will be of great importance to the success of the business to establish an exclusive sales, service, and distribution agreement with a manufacturer of vacuum cleaners, as this is the only way to compete in a competitive market, keep wholesale product costs low, and build brand-name recognition.

Additionally, be sure to also provide built-in vacuum cleaner sales both to residential clients, as well as to commercial customers such as property developers and construction companies. Expanding the product line to include built-in vacuums can greatly increase business revenues and profits.

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.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Retail Business

Lingerie Shop

Put a swagger in women’s steps by providing them with attractive lingerie.

Entrepreneur

Published

on

Business At A Glance

Lingerie Shop

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Heading into the new millennium, specialization is the buzzword forretail ‘bricks and mortar’ businesses, and opening a lingerie shop fitsthe bill perfectly. Get started by selecting a highly visible storelocation for your business.

Malls and strip malls are a good choice(though you’ll want to make sure there’s no “big name” competitors) andyou will only require less than 1,000 square feet, so the rent shouldbe reasonable. Next you will want to establish accounts with lingeriemanufacturers and distributors. Harness the power of the Internet tolocate these companies. The rest is pretty straightforward; you stockyour store and sell your products.

In addition to selling lingerie fromthe storefront location, also consider hiring sales consultants to hostin-home lingerie parties as a way to bolster sales and profits. Adirect mail campaign and mail-order catalog can also be used toincrease revenues. You can also specialize by stocking hard-to-findplus sizes, maternity lingerie and specialty items.

The Market

Your customers are women looking for lingerie and men looking to buytheir wives and girlfriends lingerie. (Though don’t leave the menout–you can also stock silk boxers and similar items.)

Continue Reading

Retail Business

Wine Shop

Drink to your health and to your business.

Entrepreneur

Published

on

Business At A Glance

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

Business Overview

Retailing wine can be extremely profitable, and this type of business can even be operated from a well-positioned kiosk located in a mall or market. In the right location, walk-in customers will keep you busy selling lots of wine.

But as a method to bolster sales and profits, also be sure to establish alliances with event and wedding planners, catering companies, and business clubs and associations as they can become a great source of repeat business.

Like any retail business, seek a competitive advantage, meaning offer your customers something the competition does not. Perhaps phone-in orders with free delivery or maybe a weekly wine tasting night. The ability to separate your business from the competitions’ often is the difference between business success or business failure.

Continue Reading

Retail Business

Lawn Ornament Sales

Will it be a tortoise or a hare? Why not provide both to decorate homeowners’ lawns?

Entrepreneur

Published

on

Business At A Glance

Lawn Ornament Sales

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

Not only are lawn decorations easy to make,they’re also easy products to sell. Combining these two facts creates awonderful opportunity to start a business that manufactures and sellslawn ornaments.

The first step will be to purchase or make the moldsrequired for manufacturing the ornaments. The rest is verystraightforward: Simply practice making and painting lawn ornamentsuntil you’re satisfied with the finished product.

Next, you’ll be readyto start making money. Lawn ornaments are currently retailing in therange of $25 to $100 each, depending on the size and style of the item,and the profit potential is excellent as it only costs about $5 inmaterial to produce the average sized precast lawn ornament. The lawndecorations can be sold on a wholesale basis to retailers, or you cansell them directly to consumers right from your own front yard.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending