These easy to own business ideas below can help inspire you to begin your journey into being an entrepreneur! These businesses are easy to own, can be a great way to make money, and don’t require a huge upfront investment. Consider using this list to inspire you this year to take the plunge and begin exploring your business-savvy side.
Towing Service
Most people will need towing companies during emergencies, and it’s a great way to make money without needing a lot of funds upfront. You will need at least one truck or van and some safety equipment, but the business can be up and running with relative ease. These businesses are easy to own since you can usually get a small loan or line of credit to purchase the truck and equipment.
In addition, this business is always in high demand, since people will always need towing services. To get the most out of your business, consider advertising to tow companies and offering discounts for multiple vehicles. This can help you build a strong customer base and increase profits. You can also offer additional services, such as roadside assistance and car detailing.
To help kickstart your business, talk to insurance companies and auto repair shops to get referrals. You can also offer your services on online classifieds such as Craigslist or eBay, or find local groups in which to advertise. More importantly, ensure all your towing vehicles are covered with the proper insurance and licensing to protect your business from any potential liability.
Law Firm
From having a business lawyer team to taking on a few clients, setting up a law firm is one of the easy to own business ideas that can make you money. Many people don’t realize that a law firm doesn’t need to be large or have an office space in order to get started. Law firms can be established with an internet connection, communication capabilities, and some legal knowledge.
To begin your law firm on your own, consider your experience and how big of a caseload you can handle. If you’re a new lawyer, it might be wise to take on smaller cases, such as estate planning or divorce filings. If you have more experience, you can begin taking on larger cases, like corporate litigation or criminal defense.
Once you have established your expertise and target market, the next step is to build a website to showcase your services and begin advertising. This will help you to attract potential clients who are seeking your services and aid in building a client base. Additionally, consider reaching out to local lawyers and law firms to get referrals or ask for advice. By following these steps, you can easily establish a successful law firm on your own, and can eventually hire partners to expand your business.
Salon
Beginning a beauty parlour is an easy to own business and also requires small upfront costs. Additionally, the salon business can be a great way to make money, as customers are always looking for ways to look good and feel good. To get started, you will need to purchase a few items such as shampoo, conditioner, hair clippers, and other beauty products. Additionally, you will need to find a suitable space for your business and invest in advertisement materials such as flyers or online marketing.
Once you have set up your shop, consider recruiting experienced hairdressers and beauticians to help you manage the beauty parlour. This is a great way to build a strong team and ensure that your business is able to accommodate more customers. Additionally, consider offering special discounts, such as for couples or senior citizens, in order to attract more clients.
The best thing about salons is that you won’t need to worry about paying your hairdressers and buying their items. That’s because most salons operate by renting out stalls to hairdressers who are contractors. All you have to worry about is the overhead expenses such as rent and utilities. In addition, you can also look into offering hair care services such as haircuts or hairstyling, which can help increase your profits and make your business even more lucrative.
Septic Service
If you have experience working with septic tank companies, consider opening your own septic service business. This is an easy to own business that requires highly experienced staff and the right equipment, such as pumps and cleaning machines. Additionally, you will also need to have knowledge of local ordinances in order to get permission to operate your septic service in certain areas.
Once you have taken care of the legal and logistical aspects, consider investing in some marketing materials to help you build your business. This can include things like brochures, flyers, or even online advertisements. Additionally, consider reaching out to property owners and real estate agents to let them know about your services, as they may be able to refer you to potential customers.
Finally, make sure that your staff is highly trained and experienced in the septic service field. This will help you provide a quality service that meets all local regulations, which will help to ensure that your business runs smoothly and successfully. Furthermore, building a good reputation with customers can help you attract more business and further grow your septic service business.
Plumbing Company
Chances are, you’ve hired a local plumber at least once in your life. And it’s likely that you were impressed with their work and the service they provided. If so, then why not consider starting your own plumbing business? This is an easy to own business that requires minimal upfront costs and just a few pieces of equipment.
To get started, you’ll need to purchase some basic tools such as pipe wrenches, flaring tools, and a soldering iron. Additionally, you’ll need to obtain the necessary licenses and insurance in order to operate legally. Once you have these items taken care of, consider doing some research on local plumbing regulations and ordinances, as this will help you stay compliant with the law.
Additionally, consider setting up a website or social media accounts to advertise your plumbing business. For instance, most people will need to do local searches to find a plumber. Investing in local SEO, or search engine optimization, can help you get your business to the top of local results. By making small investments in materials, SEO, and hiring other experienced plumbers, you can start to build a successful plumbing business.
Electrician Service
Electrician services are also one of the most essential and in-demand services in many communities. As an electrician, you can offer a variety of services ranging from basic wiring and repairs to more complex tasks such as installing solar panels or upgrading electrical systems. In order to start this business, you’ll need to research regulations, such as licensing requirements for electricians in your area, and obtain the appropriate licenses.
Additionally, you’ll need to invest in some high-quality tools and safety equipment, such as insulated gloves, safety goggles, and a fire extinguisher. Once you have these items taken care of, it’s time to start advertising your services. Consider creating a website or social media page, as well as printing marketing materials such as business cards and flyers that you can distribute to potential customers.
You can even network with local contractors, businesses, and homeowners to let them know about your electrician services. If you’re new to electrical services, consider apprenticing with other electricians or even taking a course to help you gain more knowledge and skills. The more skills and a better reputation you build, the more success your electrician business will likely have.
Tree Service
A tree removal company is an easy to own company that never seems to stop being in high demand. Whether it’s a storm, pests, or just an old tree that needs to be taken down, people always need the assistance of a tree service. To start this business, you’ll need to invest in some basic equipment including chainsaws, ladders, and ropes. You’ll also need to make sure you have the appropriate licenses and insurance in order to operate legally.
In addition, you should take some time to familiarize yourself with local laws and regulations regarding tree care. For instance, certain trees may need to be removed with permission from the local government. Once you have all your materials and licenses, it’s time to start advertising your business.
Offer local deals and discounts for larger properties, or provide services such as pruning and trimming to attract more customers. Once you have a steady stream of customers, you’ll want to provide high-quality customer service and insurance. Unfortunately, accidents tend to happen with tree removal services, which is why it’s important to have proper insurance coverage in place.
Fence Service
Becoming a local fence contractor is a great way to ensure that your business is always in high demand. Fencing provides valuable protection for homes, businesses, and other properties, so there’s no shortage of potential customers. To start this business, you’ll need to invest in some tools and materials. Consider purchasing tools such as saws, drills, and other necessary materials for installing fences.
You’ll also need to make sure you’re charging the best prices around. Consider researching the cost of other fence installation services. Most will charge by square footage, materials, and labor, so being familiar with these cost estimations will help you set the right prices.
You might also want to find a niche. For instance, will you work exclusively with ranchers and farmers? Or, will you work with any type of fence installation project? Once you have all your materials and pricing figured out, it’s time to start advertising your services. Since most people who require fencing will be older or might even be farmers, radio and print advertisements could be a great way to get the word out. Finally, make sure you let your customers know that you offer quick installation and good customer service. If you can provide a great product, such as high-quality fencing, and excellent customer service, your business will be sure to succeed in the long run.
Garage Door Company
Starting a business as a garage door contractor is an excellent way to ensure that your business always has plenty of customers. Garage doors provide protection for homes and businesses, so you’re sure to have a steady stream of customers who need your services. This business is easy to own, since most people will face some type of problem with their garage door eventually.
To start this business, you’ll need to have a basic understanding of different types of garage doors and materials. For instance, you might want to research both commercial and residential garage door types, as well as the associated costs. You’ll also need to invest in some basic tools for installation and repair, such as replacement parts like coils, springs, and cables. Advertising will focus mainly on local SEO and digital marketing. Make sure to create a website that clearly outlines the services you offer, as well as your contact information.
Paving Company
Starting a business with residential paving contractors is a great way to make a steady income. Paving services are always in high demand, and you’ll be able to make money quickly by providing quality workmanship. This type of business is relatively easy to own and manage since you’ll mainly be providing pavement repair and installation services.
To get started, understand the laws behind permits and inspections for paving. You’ll also need to invest in some basic equipment such as a compactor, saws, and other tools necessary for the job. Additionally, you’ll need to research the cost of materials, such as asphalt and seal coating. Researching the best prices for these materials will help you keep your prices competitive. Once all of your equipment and materials are in place, you’re ready to reach out to customers. Print, radio, and digital advertisements are all great ways to advertise your services.
These are just some of the easy to own business ideas that you can explore. With research, dedication, and hard work, you can easily find yourself with a successful business in no time.