How to protect a business idea

General

You can produce social media content that resonates with these people or run ads that target their interests. Taking this approach also helps you project a consistent brand because you’ll have a more specific idea of who exactly you’re talking to. The key to making this a successful business idea is to offer the right products at the right location. Do your research to find high-trafficked areas and understand exactly who is walking by and what they might need at that moment. With a strategic approach, vending machines can be a profitable business idea with small investment.

  • Marketing a tattooing business largely relies on word of mouth marketing from previous clients but you can also use visual platforms like Instagram to build a following and gain more clients.
  • Of course, you should make sure you read our guide to making money on Etsy before you get started.
  • As such, you can create one to serve a particular demand in the market.
  • Arguably, it’s the other qualities that are more important when running a small business – passion, drive, ambition, commitment, resilience, self-confidence, belief, organisation and discipline.

As a local resident, passionate about your area, you have all the skills you need to start a walking tour business. Tourists want to learn about an area’s history, architecture, cuisine and local culture. More often than not they also want to learn about it from a real local, so grab your walking boots and get going!

Business Essentials

Alternatively, you can partner with other organisations to provide this service and take a commission. Window cleaning has been essential since the invention sfcarinsurance.net of glass . If you want to find local tutoring clients you can strike up partnerships with the local schools, colleges and universities in your area .

Business Idea

Look on the likes of Facebook Marketplace or Gumtree and buy the kit at a bargain rate . Then re-sell it to an individual, school, gym, office or personal trainer. Despite students famously having no money, companies are still absolutely desperate to sell to them. Clothes, services, bikes, books – people are always looking to borrow all of these and more.

startup ideas that can change your life

You’ll get paid royalties for licensing or for one-off purchases depending on the platform . In terms of marketing you can reach customers through the standard digital marketing (social media marketing, email marketing, paid search marketing…). If your using a platform like Ebay, for marketing make sure your listing stands out with professional photos, good descriptions and good reviews. Blogging is one of the first business models to arise from the invention of the internet.

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