The year 2017 is a great time for startups. Technology is scaling fast and people are now finding better ways to reach businesses. Additionally, the Internet has reduced the overall costs of marketing and small business operations. Lenders have realized this and began launching new business loan programs for startup entrepreneurs. With the help of business loans, many entrepreneurs managed to enter the global business arena.
Do you now have a business loan that can serve as your capital? If yes, then here are some startup ideas that you can implement.
Holistic Herbs and Spices Shop
The realm of nutrition has changed dramatically over the past years. Holistic practices were introduced, attracting many people around the world. If you want to capitalize on this trend, you should consider setting up an herbs and spices shop. Your challenge is the creation of a stable logistic system that will bring the fresh herbs and spices to your shop. You can also try adding recipes of your own – health buffs and dieters will love such recipes. If you have your own home recipes, why not introduce them to the public? Otherwise, you can always select recipes from the Internet. Your holistic herbs and spices shop is only limited by your imagination.
DIY projects will never be out of style, especially now that you can sell your creations in many possible ways. A DIY shop is a good option, especially if you have the knack for creating things. You can try artistic projects or furniture. How about abstract designs? The possibilities are endless. You can also use wood, metal, rocks, and other materials for your projects. After setting up your shop, you should also make a website so you can sell your creations online.
With Internet marketing on the rise, paid webinars have also become more popular. To create a paid webinar, you need a platform. Currently, there are hundreds of platforms that you can choose from. Next, you have to plan the topics that you’re going to discuss in your webinars. Do your best to find evergreen topics – things that will benefit users for the years to come. Aside from webinars, you should also include complementary digital products like eBooks and case studies. Note: competition is tough on this niche, but it’s profitable because many people are always looking for online solutions.
If you think that menial cleaning services are out of the line, think again. Based on several studies, cleaning services are very profitable because there will always be clients. People who don’t have time to clean their homes and offices will definitely avail your cleaning services. More importantly, the capital required is not that high. If you already have cleaning materials at home, you can use them. Since you have a business loan, you should buy additional materials and equipment that can help you clean efficiently. Choose neighborhoods that don’t have much competition, and then make your prices reasonable.
Do these ideas make sense to you? Or you have more ideas to include in the playbook? Even though you have many ideas, you need to ensure that you can repay the business loan someday. After all, a good payer will definitely gain the trust of lenders.