Small Business Examples For Prospective Entrepreneurs

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The unemployment rates are still high globally, and this means that an awful lot of people have to consider what they can do to make ends meet. There has been a trend of entrepreneurship over the last two years that has been driven by the lack of trust in the corporate world’s priorities and a need to improve living standards due to increased costs. There are several options of small business options that are fairly easy to begin with little or no startup capital. Read on to learn what small business options exist for prospective entrepreneurs.

Cleaning Services

Beginning a cleaning serviced can be done fairly easily. If you like to work with your hands and appreciate a varied schedule, then consider this small business opportunity. Buying supplies from your local cleaning supply store can be done for less than $100.00 and the only thing left to do now is to get the word out.

Once you have researched the local cleaning rates, you can make up flyers on your computer and have them bulk copied at your local office supply store in bright colors. Hang them on your church billboard, at the local grocery and stores that allow for local advertisements. You may have to take the first few jobs at a slightly lower rate than you want, but once you get some regular clients and referrals, you’ll be able to request higher pay.

Virtual Administrative Assistant

Thanks to the web, the ability for people to work from home is recognized by new entrepreneurs every day. If you have basic office skills, like typing, dictation or editing, you can offer your services as a Virtual Administrative Assistant. Check out the rates for this business on sites like Craigslist or iFreelance to see what other people are offering and what they charge based on the job criteria. There is a lot of work to be had in this field, but realize that your business reputation, as it grows, will help you set your own rates.

Once you find a direction for your small business, be sure to check State and Federal government guidelines and regulations for your business type and file accordingly.