February 2023 - Page 9 of 11 - BOLLYWOOD SURKHIYAN

Tips for Starting Your Own Casino As a Business Venture

Casinos have been around for a very long time. Some businesses have buckled with the introduction of the Internet, but casinos seem to have thrived. This is because nothing beats the environment of gambling in a casino environment, even playing in the comfort of your own home.

Therefore, opening a casino is still a profitable business and you will have the opportunity to make a lot of money. If you think that you are interested in opening your own casino, you should read ahead for some ideas and how to go about opening the business.

Plan

Before you approach anyone concerning your idea, you should have a business plan clear in your head. You should be making a portfolio of your plans, especially if you need some investors.

You could even have some ideas about whether you want to buy a property and convert it into a casino, or have a building built from scratch so it will be tailor made for your plans. Both these options are expensive, so you need to have some start-up costs.

If you are not sure what you need to know to make the business plan, then you should do some research and even take a trip to Las Vegas and have a chat with the casino owners. Tell them that you want to build a casino in your area and they might be interested in investing.

If they have any franchise programs, you should give them some considerable thought because then you will be able to use their name and their equipment. There will already be a business image in place, which you can just use. This will be a lot less work, but you will not have any design input.

Investors

When you are in the position to show your plan to the investors, you need to be passionate about the idea and you should have a model, or a 3D drawing of the casino. You have to know what you are talking about because they will see through you if you don’t and then you will have failed before your idea has even got off the ground.

It might be a good idea to have some custom playing cards made with the name of the casino and the logo on them. This will give the investors the impression that you are extremely serious about your plans. They will be very impressed that you were proactive enough to have a pack of cards made.

Permits

Once you have the investors, it is time to apply for the permits. You will need building permits and a gaming license before you have even laid a brick. Do not start building unless you have the permits because they will knock the building down.

Also, do not play any games without a license because you will be liable to prosecution for gambling without a license.

Peripherals

Once everything is in place and construction has begun, it is time to buy all the peripheral items. This includes custom made cards, poker chips, gaming tables and even the interior design.

This is the time when you should be getting excited and thinking about your brand ideas and the image that you want for the casino. If you are that excited, you might even be thinking about building your next casino.

The future is bright for casino owners. People enjoy going to casinos and there will be people who go to casinos every single night because they like the social atmosphere, so start thinking about membership cards and loyalty programs.

Marketing Ideas: 7 Simple Marketing Tips to Boost Your Business Now

Marketing is the life-blood of your business; yet, for many, marketing is a complex beast that they do not want to deal with. When you break it down to a simpler process, marketing can become your new favorite practices! Here are 7 marketing tips that you can use right now to boost your business:

1. Understand Your Target

No matter what business you are in, whether offline or online, you MUST know your target market. When you understand exactly who you are selling to, you know exactly where to advertise, what to say and even what to sell. Researching your target market will help you understand where they are in life right now and where they hang out which makes advertising a whole lot easier!

2. Build a Database

One of the most important aspects of online business is building a solid database by collecting information from your visitors. Building a database allows you to market to your visitors and customers over and over again for little or no extra cost. I highly recommend Aweber for your email marketing and database building needs. Most online business owners collect names and email addresses while others collect names, email addresses, phone numbers, and physical addresses. When making your decision about what to collect think about your marketing plans. If you will be including physical mailings then add home addresses.

3. Give Customers a Preview of Your Work

A great way to build your database is by offering visitors a preview or free offer for joining. This free offer can be a report, audio interview, video, or even a CD or DVD that you mail directly to their home. This offer gives your customers a great preview of who you are and what you can do to help them achieve their goals. Put the time and effort into helping them understand your business in a way that will benefit them.

4. Branding

Branding is a term that is often thrown around in marketing circles. Building a cohesive message from your logo to your website to your blog to your email messages to your twitter account and to the products that you sell is branding. You want your customers to hear your name and think a power word or phrase. For example, when you hear “like a rock” do you think Chevy? Or “MMM MMM Good” did you think of Campbell’s Soup? It doesn’t matter if your business doesn’t have the advertising budget like these two companies, always include your name, logo and slogan on all of your marketing materials, emails, products, etc.

5. SWOT Analysis

During my undergraduate degree at Penn State, every single project, assignment or paper that I had to complete for my advertising and marketing courses needed a SWOT analysis. What is a SWOT analysis? SWOT: Strengths, Weaknesses, Opportunities and Threats. For every client that I work with and every online business that I’ve built, I take the time to work through each one of these steps because often I uncover information and opportunities that I’ve never thought of including for my business. For Strengths, I work through the strengths or advantages that I have over my competition. For instance, I have a very strong background in the marketing and advertising area, so I know how to market my business and bring more targeted traffic to my website. For Weaknesses, I work through the weaknesses or advantages that my competition has over me. For example, when starting out, my competition has a larger market share and more individuals recognize another’s name or work over mine. For Opportunities, I prepare a list of opportunities or possibilities that I have with my business like the new markets that I can penetrate or the new products that I can offer an existing marketing because of my background. Finally for Threats, I look at environmental or outside threats to my business. For example, if you work in a medical niche, you must be aware of laws and regulations surrounding your business. Many online business owners fail to plan their businesses and often fail because they didn’t plan. A SWOT analysis allows you to carefully analyze your business or idea without spending days writing a full-fledged business plan.

6. Be Enthusiastic

Did you ever have that monotone professor in high school or college that put you to sleep every time they started talking? They never showed excitement or enthusiasm and you probably never cared for what they were teaching, right? To attract attention and customers, you need to be enthusiastic about what you sell and what you do! Your enthusiasm will transfer excitement to your products and services for your customers.

7. Be Persistent

This is probably the biggest mistakes most business owners make in marketing and advertising. Many think that marketing is the magic pill. One advertisement is going to solve all of their problems. Yet, it couldn’t be further from the truth! The average consumer needs to see a message about seven times for it to be effective and for them to take action. You can’t simply run one newsletter advertisement and expect it to explode your mailing list; many times you need to run it multiple times for it to be effective.

Marketing is truly the key to being successful in business both online and offline. It is a necessity to share your products and services with your target market. If you are on a limited budget, choose one method and make a commitment to running your advertisement at least three times then analyze your results.

Starting a Business by Getting Business Ideas

For most people, working for a company is just simply not enough. People are natural entrepreneurs who would want to start their own business and be their own boss. It is something that you, as a budding entrepreneur would really want.

Of course, to start a business, you will have to think of a business idea that will really sell. Lots of people have ideas on what kind of business they would want and a lot of them have made it into a reality. Now, the question is, what kind of business you would want to start?

Answering this question may seem easy, but a lot of people would have no idea at all on what kind of business they plan to put up or have second thoughts about it. This is why you need to assess everything before you start thinking of different businesses.

To get an idea on what kind of business you want and what kind of business that you will likely be good at is by first figuring out what your interests are. Your interests will play an important role when starting your own business. This is because you have an idea on how you want your business to be and will be much easier for you to make it grow.

For example, if you like cooking and think you have enough talent for it where people will really like what you cook, then why not start a business in the food industry? You can put up your own restaurant or you can even sell packaged food.

Now that you have an idea on what kind of business you like, the next thing you have to consider is the location on where you want your business to be. First of all, make sure that the product or services you plan on selling are in an area where it is needed. Besides, if you plan on selling winter coats, you don’t want to sell it in a tropical location where it doesn’t even snow. An ideal location would be in areas where it snows.

Another example is that if you plan on selling ice creams, you would want your business to be in hot locations, like in southern Florida beaches or maybe in California. Sell your ice cream where people would want to buy ice cream.

Thinking of the location on where you plan on putting up your business and relating it to the products and services you sell. If you do this, your business will really be a success.

The next and perhaps the most important thing you have to consider when starting a business or when thinking of a business idea is by determining if you have the money for it to make your business idea a reality. Getting the capital is probably one of the most common problems of people wanting to start their own business.

Try to consider a loan. There are financial institutions that can help you secure a loan. You can also try to convince a venture capitalist to provide you with the capital you need to start your business.

In every kind of business, there is a risk. If you don’t take this risk, you will end up not turning your business ideas into a reality. So, when starting a business, you need to consider all of the factors in order to make your business ideas turn into reality.

New Ideas For Small Business Holiday Marketing

2 seconds after Halloween it seems that all the retail stores put up their Christmas decorations – trying to capture as much of the Holiday market as possible. Typical ways that retail stores use to capitalize on the holidays include extended hours and sales. This is all well and good. Today I want to give you an early present by giving you some novel ways to think about holiday promotions.

Many people are fed up with holiday crowds, which is reflected in the growth of online sales and the decline of some traditional retailer’s sales. There also seems to be a trend towards buying fewer gifts, but those gifts tend to be higher-ticket luxury items.

In the type of marketing we all should be doing ,we start with the customer in mind. What do we know about people this time of year?

– Time is a commodity – there’s too much to do and too little time. – People have more shopping to do than they usually do. – People are under a tremendous amount of stress. – People tend to clean and decorate their houses.

These are just some of the factors affecting people during the holiday season. I’m sure you can think of many more. Take these things into consideration, and take the stance of being a giver.

Here’s an idea I’ve never seen (so I want credit if you use it). If you own a store, offer free gift wrap – nothing new there. While people are getting their gifts wrapped, they get a free chair massage? You could partner up with a local spa, or even a massage school who could also give every customer a promotional coupon. You save your customers time, take away their stress, and create a fusion marketing partnership with the spa.

If you are in a household service business, offer to do additional winterizing services for your customers to save them time. Offer a free holiday housecleaning. If you aren’t in the cleaning business – again team up with a cleaning service.

Give-aways are great. Give away free Christmas trees – depending on where you are you could buy a couple hundred for $10 a piece. The deal could be – spend $100 and take home a free tree. Give away turkeys, or complete turkey dinners – a lot of grocery stores have this promotion.

Everybody gives away calendars, aim for something different but still useful. How about ice-scrapers if you live in the north? Blankets, sweatshirts, caps – are all good promotional items when the weather turns cold.

Holiday cards are great. People enjoy getting them and displaying them. Hardly anybody sends Thanksgiving cards, definitely consider it. In this politically correct age (gasp) you have to be sensitive to people’s religious sensibilities. Send Happy Holidays cards and not Merry Christmas Cards – unless you are absolutely sure your customer celebrates Christmas.

If you have any kind of retail business, think about add-on gifts that might be used as a second gift. A florist might include a free gift-wrapped ornament with a certain level of purchase that can be sent to a different address. Two gifts for the price of one. Buy one get one free offers are great at holiday times.

Use your creativity this holiday season and think about how you can solve your customers’ problems.

A Business Without A Plan Is Like A Ship Without A Rudder

Do you have an idea for a product or service? Would you like to start a business? If so you will want to read this article. Here’s the good news: Every product or service ever invented by mankind started as an idea. An intangible thought impulse that was turned into reality through the efforts of one or more people working together in an intelligent and harmonious manner. Behind those successful ideas were organized written plans–business plans that laid the foundation and illustrated the path to success for the business owner and investors who funded the project. Then, those plans coupled with the burning desire of the entrepreneur to see the project through to completion is what helps to make a business succeed. The key words in this paragraph are idea, plans, burning desire.

Launching a business without a written business plan is like having a rowboat that has no oars, no map no sextant or compass for direction. The goal of any business is to succeed right? The ultimate destination is success. But what if you were given the rowboat mentioned a moment ago and told your destination was a specific dock in France? How would you get there? You have no oars, no maps, no compass and no sextant to guide you–would you jump into the rowboat, push away from shore and let the current guide you this way and that with no direction? And if you did, what do you think the probability of the trade winds and currents carrying you across the ocean safely so that you arrived at that specific dock…that specific destination? It won’t happen will it…

It is critical to have a well-written business plan to succeed in business. First, it allows you to think through the details of your business and see the obstacles ahead and minimizes costly mistakes. Most entrepreneurs are big on ideas and small on written plans. Every new business has a level of chaos associated with start up; launch and roll out and having a business plan helps minimize this chaos. Writing a business plan is hard work. And most often you will get out of it what you put into it. Plans are both logical and emotional. First, a plan should be based on logical analysis taking a rational, realistic and hard look at the FACTS associated with the business project. There is no room for guesswork, you want hard cold data, statistics, market trends, buyer behavior, and demographics, and there’s a lot you need to think through. But once you have the facts that support your idea, then you can emotionalize your plans in a manner that will sell your idea to others for their participation or financial investment.

Speaking of financial investment, your ability to find and recruit investors for your business is virtually zero without a well written business plan meeting the minimum guidelines generally anticipated by investors regarding plan structure and content.

Another interesting phenomenon about writing a business plan–it takes that intangible thought impulse you have–the idea–out of your head and turns the intangible” thought impulse into a “tangible” form that can be understood by others. Writing a business plan moves your idea or project one step closer to reality.

80% of new businesses fail within a year or two. Why? For many reasons but primarily because entrepreneurs fail to plan and over estimate sales and underestimate costs. The greatest thing you can do to start your project in the right direction is to write a business plan BEFORE you leap into any business endeavor. There is power in planning and you will find it when you do it.

We have a free business planning EBook called HOW TO WRITE A BUSINESS PLAN THAT WORKS located at our site in the freebie section, which you can download at your convenience. It is the most powerful business planning tool I have ever seen and I have over 20 years helping and consulting small businesses. I STRONGLY suggest you take advantage of this opportunity and get your copy today. Another Ezine Article Exclusive!

James W. Hart, IV

What Are the Best Online Business Ideas to Start an Internet Business?

Have you ever felt like making money online is for everyone but you? This is not true. You can make money online. It is a matter of finding a business model that fits you – something that you will work at and take action on. If you think making money online is as easy as pushing a button – you need to stop reading right now. The best online business ideas to start an internet business will take work.

BUT, once you have a business model in place, it just gets easier and easier to do that work. And, if you’ve set up the right kind of business model, you can make money in your sleep.

Finding a fit to your personality and work methodology is a sure-fire key to success. It is something you will be passionate about and you will follow through with massive action. These two things are critical for you to make money online.

There are several business models available to make money online. You can sell things on Craigslist easy enough. Find something that you already have or can obtain reasonably inexpensively, maybe tweak it a little or fix it up and you can sell it on Craigslist (for free) or on eBay (for a fee).

Several people make good money Blogging. The key here is to write things people want to read, add some ads to your blog relative to your topic and you are off and running. It’s not that hard. The key to blogging is to being real, being yourself. There are several free websites that you can do this on and monetize your website in the process.

Some folks are using affiliate marketing to make a massive income on line. They find a product people are hungry for and they divert traffic to their site, convert that traffic to sales for the product, and earn a hefty commission in the process. Some product commissions can be as high as 50% to 80% of the total product value.

Affiliate marketing is a great business model for those who would rather promote products created by other people and companies. This model allows you to make commissions without the hassle of dealing directly with consumers. It takes research, though, to find the best products to promote and once you find them, promote the heck out of them.

To work in the field of affiliate marketing, takes some learning and I suggest that you download a program and learn what to do. Most people, when they start affiliate marketing, think they have to re-invent the wheel. You don’t. Take advantage of those who know what they are doing and follow along with the easy to download E-book and/or videos. In some cases, if you pick the right system to learn from, you can be making money within a week or two.

If you’re looking for a business model that involves article marketing and uses all free methods to make money online, other than the cost of the how-to program itself, you can find that right here. I have purchased many moneymaking schemes online and for the person just starting out, without a lot of money to spend, you want to find something that is going to work right out of the gate.

How to Start a Cake Business – Some Tips and Ideas to Make a Good Start

A cake business is a great opportunity to make money with your baking and decorating skills and of course, if you love decorating or it has become one of your hobbies, it is indeed great to make money out of something that you enjoy doing. You can start by finding some tips and basics of learning how to start a cake business, learn from those who have been there and avoid mistakes in putting up your own business.

Here are some things that you might want to keep in mind in learning how to start a cake business. Considering that you already have your baking skills honed and your love for cake decorating unparalleled, then here are other things you have to keep in mind.

Start with a business plan. We tend to make plans in mind and eventually end up with so many ideas that you do not know where it would lead you, but it is important that you put your business plan in writing so you will know where to start. It will also help guide you on your business goals and in how to achieve them.

Plan your investment. Determine how much you will invest including the things and equipment you need to have. Prioritize your investment. Plan everything out from the equipment that you will need to the skills and personnel you need. You may also need to take care of some business fees too.

Of course, you should include your marketing plan as well. With the many bakery and cake business already existing, you have to come up with a unique idea or concept that would make your products sell and, of course, you have to be into the competition. Even if you are still starting, find ways to be competitive as well.

Don’t just settle with your existing skills. Find ways to upgrade and improve our baking skills as well as your cake decorating ideas. When it comes to cake designs, especially when you re dealing with wedding cakes, people are always looking for something unique and you should be able to cater to that needs of your clients.

Explore and take advantage of the internet. In learning how to start a cake business, you don’t have to focus only on putting up your physical store, you can also explore the great advantage of the internet. Put up a website and display your creations online. A lot of people are turning on to the internet to find ideas and cake designs and you can take advantage of that one too.

Start with these tips on how to start a cake business. In fact, you can start everything online if you still don’t have the resources to put up a physical store. You can make it a small home business, market it in the internet and provide delivery services. This way you will be able to start with just little investment than putting up your physical store.

Risk Management – Some Practical Ideas on How to Minimise Risk in a Business

Introduction

Risk is a given in any business and it can be damaging to a business and even threatens its survival. It is therefore essential to be aware of the various risks, to understand its potential impact on a business and to know how to manage it effectively. This article gives some practical guidelines on how to minimise risk. The discussion is done under the following headings:

Planning;
Relationships;
Hedging;
Discipline.

Planning

Detail planning goes a long way in reducing risk. Planning should include the following:

Feasibility studies. It is important to ascertain the viability of a new venture through a proper feasibility study.
Business planning. A business plan gives the detail of how, when and by whom the strategic goals will be achieved.
Cashflow projections. Too many businesses go under due to cashflow problems that could have been prevented. It is essential to plan for anticipated cash in- and outflows and the timings thereof.
Financial planning. Good financial planning covers many things including projected management accounts and the underlying ratios. Pre-emptive observation and correction of any potential profitability-, liquidity and solvency problems reduce the risk of running into financial troubles.
Project planning. Any substantial ad-hoc project in a company is normally handled more efficiently through proper project management. This includes mergers and acquisitions, new product launches and expansion into new territories.

Relationships

When companies evaluate risks they often forget about the human element. This is potentially one of the most fatal risk factors. Relationships should be nurtured. Specific relationships that are important include the following:

Suppliers. Good relationships with suppliers are just as important as with any other stakeholder in a business. It makes business sense to negotiate good credit terms with suppliers and to pay them as late as possible, but once an agreement is in place commitments need to be honoured.
Customers. Customers should always receive excellent service and be handled fairly and with respect. A large proportion of business normally emanates from existing clients. A specific bad practice is to try and make a quick buck out of a client through very high margins.
Employees. Companies often pay lip service as far as the importance of their employees are concerned. Confidentiality agreements and restraints of trade can reduce some risk of unhappy or dishonest personnel, but it can never be as effective as a team of loyal and motivated employees.
Financiers. Transparency and information is essential for investors and bankers. Nobody likes to be blindsided or to get unpleasant surprises. To deliver more than what is promised is also a good practice. In difficult times financing can mean survival.
Other Stakeholders. Relationships with all other stakeholders should also be kept in place. This can be the local government, governing bodies in the industry, service providers and others.

Hedging

The essence of hedging is to circumvent a potential negative effect in business through an action, product, etc. Hedging is typical in the financial domain, but by working cleverly it can also be achieved (to a certain extent) on an operational level. Some of the ways to hedge the operations of a business are given below:

Suppliers. To have back-up suppliers (especially for critical products, raw material and services) is a good practice. This keeps a company from being held ransom by an un-cooperative or out-of-stock supplier.
Products. Any company should continually add new products to its offering. To rely on only a few good products can be very risky.
Manufacturing. It is worthwhile to consider different manufacturing plants (if the size of the business justify it). The risk on the business due to factors such as natural disasters and labour disputes is thereby reduced.
Distribution. Back-up warehousing facilities and distribution channels are advisable.
Customers. We have seen successful companies that had serious problems when they lost their biggest customers. Customer risk can substantially be reduced through having many (and loyal) customers.
Geography. Political or economic instability in a country can be very dangerous for the businesses that operate there. Wherever possible it is advisable to spread the risk over many geographical areas.
Seasonality. Product- and service offerings that cater for various seasons have a very positive effect on cashflows and minimise the potential risks associated with it.
ICT. Very few companies can survive without proper information and communication technology. Back-up procedures and of-site facilities reduce the potential risk.
Financial. Financial risk management is very prevalent in large international businesses. If you sell your products in the international arena there are many products available to hedge the various risks. Risks that need to be catered for include currency, interest rate and commodity price risks.

Discipline

Discipline can reduce risks in all aspect of business. Discipline should apply to all aspects discussed above as well as to the following:

Expenditure. Expenses should be kept under control -especially in times of affluence.
Debt. Debt assists a business to grow. A business with too much debt is, however, very vulnerable for liquidation in adverse conditions.
Cashflow. A lack of sufficient cashflow is a potentially fatal business risk. Cashflows should be managed diligently.
Growth. Business growth requires additional working capital. Uncontrolled growth can lead to financial distress and even bankruptcy and should be avoided.

Summary

Risk in business is a reality. When these risks are successfully managed the rewards can be substantial. If not, a business can run into serious problems and even collapse. It is unnecessary (and stupid) to ignore risks. By adhering to a few basic principles these risks can be reduced drastically.

Starting a Cake Business – Ideas to Help You Put Up Your Small Business

If you have passion in decorating cakes and in baking, starting a cake business can be a wise idea and enjoy making money out of your hobby. Indeed, it can be enjoyable and profitable as well if you make money out of what you love doing. If you have the skills and creativity that you need in creating beautiful and delicious cakes, here are some tips and ideas that will help you put up your own business with what you already have.

– Make a business plan. Of course, you can’t just put up a business without having a plan. You have to have a business goal and strategies that will help you achieve them. You have to lay out who you want to sell your cakes to, what types of cakes you want to specialize, and how you will be able to compete your designs to those already existing in the market. With a good business plan, you will be able to answer and deal with the many questions that you will encounter in starting a cake business.

– Assess the cost you need in starting a cake business. Cost is one of the important factors that you need to consider in starting up your business. List down and prioritize what you need to have to put up your business. You may need to hire additional personnel, or get some equipment to make your baking and decorating fast, and consider your marketing costs as well.

– Find your specialty. In the many cake and pasty business already existing, it is important that you can compete with them and you can establish your own name in the business. Try to make your designs unique and find your place in the business.

– Don’t forget that beautiful designs should come with a delicious taste. In the cake and pastry industry, you have to get your client’s taste and impress them with your beautiful design.

– Make you marketing plan. In starting a cake business and in any business, you have to come up with a good marketing plan so you will know how to market your product and reach out to your customers. In these times that competition in stiff in business, you have to be creative in marketing your product. Take advantage of the internet in marketing your business. You can even set up an online cake shop and you make deliveries. Take advantage of marketing your products online. People these times go to the internet to find information so take advantage of internet marketing tools.

Don’t forget to improve your skills and products. It is important to find ways to improve your products. You can personalize, be more creative with your designs and make your customers happy. It is in these simple things that you get customer satisfaction and repeat purchases, so make sure you can offer quality products and services for your clients. If you are mindful of the contentment and joy you can give your clients, then you definitely can keep a good part of the market.

Top 10 Small Business Ideas for 2012

Starting a small business takes a lot of planning and the ability to execute your business plans. Though it doesn’t require a big capital for a small business however you cannot lose your capital as this will cause a serious trouble on the financial front at the same time your future expansion plans. If you have knowledge about how to run a business successfully, you won’t be able to take a wrong move that can affect your business plans. Before we go on further to the small business ideas, refer to the tips for running a small business.

• Can it sustain your everyday expenses and can it profit you.

• Can it raise enough funds to get it running for a long time and can become a profitable venture.

• Is it something that is needed everyday and does it has an appeal to sell on a steady basis?

• Is it something that you know how to do and can you do it well?

• Is it something that you like to do and doesn’t mind you at all doing it over and over again?

Now that we know our objective in putting up a small business let’s go forward and see what are the best idea for small business this 2012.

1. Online business – this may include article writing/blogging, virtual assistant, translator, copy writer or bookkeeper, data entry, etc. This is one of the ideal business ideas for beginners would be to take advantage of various online business opportunities. By doing online data entry and online paid survey jobs, you can earn money per hour for your work. The more accuracy and consistency you show in your job, the more work you will get.

2. Mobile apps development – almost all people nowadays possesses a mobile phone and included on the mobile phone is application that people always uses. Calendars, Alarm Clocks, notepads are some example of applications that are commonly downloaded. Whether this is a businessman, a politician, an artist or just an ordinary person has a lot or even tons of mobile application.

3. Make-up artist or hair salons – Providing either makeup artist services or hair salons is yet another interesting small business idea. Makeup artists are in great demand in the fashion and entertainment industry. If you have the required makeup skills and talent, you can start your own company and do the makeup of television and movie stars. By providing good service, you can get long-term contracts which will increase your revenues greatly. The great thing about hair salons is that they are a sure thing. No matter how dismal the economic climate, women will still scrape together the money to get their hair done, even if they have to let their nails go. So hair salons with talented stylists and well-priced services will still be real money makers.

4. Cleaning services (pool, yard, garage etc.) – A cleaning service is a good business proposition for a person who relishes the idea of cleaning apartments, homes and commercial establishments. Housekeeping is an art and people are typically deterred by the prospect of getting grease, tough stains and odors out of carpets, keeping their bathroom clean and eliminating odors from their refrigerator. Hence, a cleaning service can be a steady source of income assuming that there are no immediate competitors. Otherwise, one would have to spend money on advertising and this may eat into one’s profits. Cleaning services can operate round the clock since residential apartments are generally cleaned during the day while commercial buildings are cleaned after office-hours. Considering that cleaning services earn popularity and goodwill through word of mouth, a job that is well done will rarely go unnoticed.

5. Elder assistant or baby sitting – being a babysitter doesn’t require you to have a license, with more parents needing to work and offering a home based child care can be a great way of starting your own business while taking care of your own kids too. The growing numbers of senior baby boomers also provide growing business opportunities for senior care. In-home care and senior residences are the obvious ones, but don’t forget all the related opportunities such as driving, delivery, catering and cleaning services for seniors who want to stay in their homes. You can certainly develop your own business providing care for seniors.

6. Recycler – the best thing of being a recycler is that you’re not just earning your own money and you’re also helping the environment. Average homeowner doesn’t always know where or how to recycle the stuff they’ve got. A pickup truck are all you’d need to start buying or simply offering to remove scrap metal, old computers, electronics, ink cartridges and other recyclable materials.

7. Event management/party planner – Event management or party planning can also be a good option for a small business. Event planners have to organize a particular event by taking into consideration the suggestions given by their clients. This job requires creativity, patience and ability to get work done from people on time. It can help you be a successful event planner if have a good team of creative professional that can help you organize the event under you.

8. Online selling – whether this is a pre-loved or brand-new stuff you can still earn big bucks. This is being popularized by e-bay. There are still some people who have a whole lot of money and are willing to spend it on the name products that matter. Luxury handbags, scarves, and shoes for women are still selling well, for instance.

9. Social media consultants – With the ever rising of the social media era and the giant social networking sites, such as Facebook, Twitter, and You tube, businesses have been taking advantage of this to gain more exposure for their brands and products. With more than 800 million active users in Facebook alone, business promotion in this top social networking site is now a priority for business owners and marketers. If you have the social media marketing skills that can outsource likes and follows for your client’s business, then this business can help you earn cold cash on the Internet.

10. Pet related services such as pet sitter, pet cleaning and grooming services – Most Canadians and Americans loves pet especially dogs and feeding, caring for them and pampering their pooches a spending priority. Kennels, doggie daycare, dog treat bakeries and dog resorts are few of the things that you may want to venture in.

These are not necessarily ideas for businesses that anyone can start however you can get some idea on the list above. But in my opinion, these are business opportunities that are going to provide real chances to make money in 2012 and beyond. Business that is done right, in the right place and for the right people may be profitable enterprises for years to come. If you’ve been considering a sale in 2012, take your time and do it right. Plan ahead, research your market and stand out from the competition. Knowing the sales process is half the battle. With proper preparation, you can ensure a stress free transition and a financially successful exit from your business.