Small Business Opportunities
& Ideas

There are so many different small business opportunities ideas out there, but which one is best suited to your needs? There are two main types of business which you can get started in, the old traditional business this is the type that most people are familiar with like (shops, offices, markets etc) or now a choice which is becoming ever more popular because of cheaper start up costs and flexibility is an Internet based business.

Lets Ask Ourselves a Few Questions

  • Are you limited by time, family commitment, employment
  • Do you any money to invest, some or very little
  • What kind of business would suit you Traditional or Internet (work from home)
  • What skills can you bring, experiences or knowledge do you have? 

Try and be honest with yourself and your answers, also pause for a moment to see if this helps. These are the basic questions you need to ask yourself before you go any further. Narrow it down in your mind or write it down on a piece of paper, whichever is easiest for you.

Do you think you know roughly the direction you want to take yet?

Need a bit more Info...Let's break it down a little more for the people that are still undecided or want a little more of an insight. The two headings below give two possible solutions to the type or small business opportunities  ideas you may want to pursue.

Traditional Businesses

Have you've come to the conclusion that a traditional business is the best option for you but no sure what which one? Get some ideas by taking a walk down your local high street to get an idea of the different business that many people operate. Starting up a traditional business requires a substantial financial investment and a good solid business plan.

If you need some help or advice on raising money for your traditional business then read the following Different Financing options for more info. It covers such topics as loans, credit and free grants for people that qualify.

Also bear in mind the following start up cost such as:

  • The Buying of Stock 
  • Commercial Rent 
  • Business Rates 
  • Shop Fittings 
  • Equipment 
  • Possible accountant fees 
  • Wages 
  • Security 
  • Utilities (gas, electric, phone)

These are the main points for you to consider when thinking about starting a traditional business.

If it helps you I personally have some experience in running two different types of businesses. My first small business opportunities and ideas experience comes from running my own Mobile Catering business and the second from operating a Franchise business Click on the different headings to read those experiences in more detail.

Internet Home Business

For those of you that are left let's take a look at some alternative small business opportunities and ideas.

Are you a work at Home Mum? See Here For More Info and Ideas

Read More and see a selection of Ideas on Starting an Internet Business

What is an Internet based business?...Well simply put instead of a Traditional shop where you display your products/services to your customers located on a high street or shopping center. The equivalent Internet business displays products/services on a web site (Digital shop, e-commerce) and your customers (web visitors) do business by visiting your e-shop and buying services and products directly from you.

There are definite long term advantages of having an Internet Based Business such as starting up for a much smaller sum of money and easily work around your current commitments.

From my own experience you don't need to be a wizard on the computer as long as you have basic computer skills and are willing to learn, and make some effort you can make your internet business a success. See some internet based ideas at the end of this page

Internet Business Pros

Some Pros and Cons for your Internet Business to think about...

Pros

  • Work your own hours 
  • Work from home
  • You are the boss
  • Low overheads
  • Total Flexibility
  • Can earn a considerable income
  • Earn money while you sleep
  •  If you are ill your business keeps going
  •  Possible world wide customer base
  •  Internet is new and still continues to grow
  •  Work from anywhere in the world that you can access the Internet

Internet Business Cons

  • You drive the business 
  • Working mostly on your own 
  • Constant effort required, drive and initiative 
  • Non existent income to start with 
  • Requires as much effort as a traditional business
  • Plenty of Internet Scams 

As you can see there are many attractive pro points and a few no points but this is to be expected. You need to be aware of both sides so you can make a decision that is suitable to you and your circumstances. There are numerous small business opportunities and ideas out there for you.

So which ones are best suited for you, below is a selection of small Business Opportunities ideas to get you started

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