When starting a business It is not advisable to start with a loan. The issue here is most people don’t want to start small. If you don’t have the money required to start the business you have always dreamt of, the solution is “starting a service based business”, which will help you to raise the capital you need.
What is a service based business?
It is a kind of business that requires your knowledge, skill or expertise which requires little or no capital. In the service based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer’s user experience very important.
Some Service based business you can do
👉Residential Cleaning: All you need to do is approach people who don’t have the time to clean their houses and compound because of work. You can start from your neighbour hood to advertise to people. If you know your onions very well, you don’t have to do the cleaning yourself you can employ someone/people to do it for a token.
👉Website Designer: There is no business that does not need this service. Those who have theirs can tell how much this service cost. With specialized software, creating websites comes easy, so long as you have some basic technical and graphic savvy. You do this by helping businesses establish a site; existing clients will need help keeping their websites up-to-date, as well.
👉Home Decorating: Home in on the decorating business with your flair for design. Work with local furniture and accessory stores, paint shops, and carpet and drapery outlets to coordinate clients’ interiors. And remember: The key to getting in the door of this business is decorating your own home, first.
👉Sales Training: Don’t sell yourself short: with some self-promotion and marketing know-how, you could have what it takes to build your own business as a sales trainer. By sharing your sales savvy with other busy business owners, you not only help boost clients’ bottom line, but yours, too.
👉 Copywriting and Proofreading: If you are a creative writer with a knack for finding typos and mistakes, you can help people with their write-ups. Writers who help ensure clients’ advertising copy is both catchy and fault-free may not win a Pulitzer, but they will have some profits to write home about.
👉Language Translator: Falling foreign-trade barriers and improved communication technology translate into success for language translators and interpreters. An ear for multiple languages puts you at the forefront of this global movement.
👉Sales-Lead Generating: Streamline sales people’s efforts by identifying prospects and generating sales leads. Some footwork, market research(online and offline), and a phone set you on the path to compiling a list of potential customers for your clients. You can help businesses manage their social media to generate sales for them.
👉Digital Marketing: You could also go with a more generalized set of offerings, including content marketing, social media or online ads.
👉Life Coach: If you prefer working with people on an individual basis and offering a wide variety of tips and expertise, you could offer your services as a life coach.
👉Graphic Design: For those who are visually inclined, you can offer services for designing logos, branding and paper products for businesses or individuals.
👉Dropshipping: Dropshipping is a business model which you can use to run your store without ever holding any inventory. Once you’ve made a sale your supplier will ship your products from their warehouse, straight to your customer’s doorstep. It simply selling someone or people’s goods by adding your own profit.
👉Business Consulting: If you have business experience, you could work with other entrepreneurs to provide guidance and expertise as a consultant.
👉Mobile App Developers: An emerging business opportunity, those with the skills and training can work with businesses or individuals to help them create their own mobile applications.
👉Event Planning: If you have strong organizational and planning skills, work with clients to create unique weddings or special events.
👉Fittness Training: If you’re a health and fitness enthusiast, you might start a business as a personal trainer where you work with clients individual
👉Errand Service: To offer more a more wide ranging list of services, you can start an errand business where you shop for groceries, finish laundry or complete other various tasks.
You start from your neighbour hood by helping people shop for foods, groceries etc and you charge for your service.
👉Teach people how create ebooks, audio books, videos for online courses.
👌You need to get the required skill and a mentor to hold you by the hand to learn the art of the business for some of these service based businesses.
💁🏼♀️Do you need more information on how to go about any of these service based business, let me know in the comment section.
😁The interesting thing here is that most of these business can be done from the comfort of your home.
👏🏽Please add a service based business you know in the comment section and also help share the post.
Thanks.
(C) Oluwakemi Asefeso