What businesses do people take for granted, because they're too "common", "simple", or "boring", that are actually very succesful? small business |
- What businesses do people take for granted, because they're too "common", "simple", or "boring", that are actually very succesful?
- How do I market my business when there are big competitors in this space?
- Is anyone aware for some resources to get educated on food manufacturing, and the food industry?
- I will be assuming ownership of an established cleaning company with $100k in revenue in two months. Where do I begin to learn how to run a business?
- Do I need to file DBA to use my LLC business name without the "LLC"?
- What do I need to start a pressure washing business?
- I like the idea of owning the business, but don't know anything.
- Advice on how to start a small Native Plant Garden Center business?
- Employees
- Recommendations for custom food packaging
- How do I “put money into” my business in a way that creates growth?
- Been in business for over a year, have questions about financing
- I have a website design and marketing business. How do I find commissioned sales people in different states? I want to expand my reach and pay them 20% of the profits they bring in.
- Too many customers?
- Help! I need to purchase a simple postcard and include from and to addresses on it. Costco Business Center doesn't seem to offer this and paying for "personalized" cards somewhere else is double to cost. Any online recommendations? It's a simple design
- General question
- Attempting to expand roofing business - how to build partners and suppliers?
- I have crafted a cold email to reach out to a potential customer who lines up with our business model and is similar to other customers. Does it suck/what could I make better before I send this puppy off?
- Tips for creating a marketing agency?
- Advice Needed - Future of 18 year old E-comm Business
- Ideas on growth?
- Need help with taxing a loan/donation to my company
- Starting a business
- How did you make your first sale?
| Posted: 22 Jan 2022 10:51 AM PST I'm talking to you, franchise owners. Or you, food truckers, or doctors, e-commerce stores; any business that's common, but can still be succesful. I've met furniture store owners with 7 figure incomes (after tax), franchise owners who retired while someone else managed their dozens of buildings, and real estate agents who make a million $ / year. Your idea doesn't have to be unheard-of to work! So my question is: even though others thought it was just common, what business models did you successfully replicate? [link] [comments] |
| How do I market my business when there are big competitors in this space? Posted: 22 Jan 2022 10:02 PM PST I built a text-based website chat plugin during Covid times thinking when businesses bounce back, it'll be a good time to be selling shovels. The idea is simple -- instead of those stupid chat bots that are almost always offline, messages to this go directly to your phone as sms. It's meant for owner operators who are out in the field a lot. If anyone's curious this is what I built - webgenie.co (promise I'm not trying to promote). My problem is that this space is kinda crowded. Podium and a few others are behemoths that offer this + a lot more (they can get expensive though). So far, I'm only catering to solo business owners who depend on website for leads and responding to leads on time. I don't have the resources to setup elaborate email campaigns to target owners, cold calls, or FB advertising. I'd love any pointers on how I should go about this. What I offer is ultra simple to setup, works well, and affordable for the business owner. [link] [comments] |
| Is anyone aware for some resources to get educated on food manufacturing, and the food industry? Posted: 22 Jan 2022 10:36 AM PST Food as in closer to packaged stuff that could be sold at a supermarket, and not a restaurant. From manufacturing, to product design, to anything you're aware of that you think might be interesting, and useful. [link] [comments] |
| Posted: 22 Jan 2022 09:14 PM PST Title explains it only briefly. To keep it simple, it is a small LLC in NH that I currently work for. I will be replacing my boss as the new owner along with a partner (also an employee). We will have one employee under us filing a 1040. This year we turned over 100k profit with 4 of us cranking out over 100 clients both seasonal and weeklies. Each client this year will begin to pay $35 an hour per cleaner. My huge question is oh my god where do I start. I'm young and I've never been a business owner, but I'm ready and excited. I just need a good place to jump from and really get my nose into everything I'll need to know. Anything from accounting templates, to management advice, to relevant tax information is welcomed. Thank you in advanced, and sorry if I don't reply to any comments as I am only reddit periodically. [link] [comments] |
| Do I need to file DBA to use my LLC business name without the "LLC"? Posted: 22 Jan 2022 07:05 AM PST Say I have an llc called "Joe's Coffee Company LLC" Should I also have a DBA for "Joe's Coffee Company" without the "LLC"? [link] [comments] |
| What do I need to start a pressure washing business? Posted: 22 Jan 2022 11:03 PM PST I plan on saving at least 4 months worth of my salary towards starting this business. During the 4 months, I'm trying to learn as much as possible to be successful. But I'm not sure where I should start. Any tips? [link] [comments] |
| I like the idea of owning the business, but don't know anything. Posted: 22 Jan 2022 08:26 PM PST Hello. I want to start my own business down the road, but I have no idea where to begin. I don't have any knowledge in accountings as well. Any good recommendation to start learning? [link] [comments] |
| Advice on how to start a small Native Plant Garden Center business? Posted: 22 Jan 2022 03:24 PM PST Hello! I recently discovered this subreddit, and I looks amazing! I've been wanting to start my own native plant business in order to share the magic of native plants and the amount of wildlife they support. My wild ideas down the line are that I will be open partly during the winter to sell perennial plants that are currently hibernating (just cut them down when the time is right and you see sprouts and watch them fly!) and activities for future employees that involve harvesting seeds and separating them out from the chaff (other plant matter) to prepare for selling. I currently have two bags worth of hand-harvested New-England Aster seeds from my wildlife garden that is going to go into the "seedbank" so I can either propagate some or sell the seeds. Unfortunately, I have no clue on the processes that involve starting up a business. Could I have some potential pointers and figure out what to do first? Thank you so much!! [link] [comments] |
| Posted: 22 Jan 2022 11:38 PM PST Years ago when I was applying for jobs and going to interviews one of the biggest things I looked for was vehicles in the parking lots were they new or old pieces of junk for it was how I gauged the company stupid as it may be. But one of the most satisfying things for me now is to pull into work and seeing the new vehicles my employees have at least those that want them and I can't help but wonder if when people drive by if they notice them kinds of things. I myself have never owned a new vehicle and always drive high mileage old vehicles with no payments. But I do feel it helps the image of a small business if the employees have nice vehicles in the parking lot. [link] [comments] |
| Recommendations for custom food packaging Posted: 22 Jan 2022 11:27 PM PST Hi all! I am currently searching for suppliers that do custom food packaging that ship to Singapore or may be located in Singapore. With there being many choices on Google, can anyone share any recommendations? Thank you! [link] [comments] |
| How do I “put money into” my business in a way that creates growth? Posted: 22 Jan 2022 08:42 AM PST I am an independent software developer and web designer. I do some work for clients (such as making websites, etc), and I also make my own mobile apps. I've had my own business for about 2 years. My business so far is not profitable enough to sustain myself and my family, but last year I made enough money to notably increase my business's savings. Instead of taking money out for myself and draining that savings, I would rather put that money back into my business in a way that guarantees more profit. Yet, I struggle very much to understand how I can do that. I feel like I need more clients/customers, not more money necessarily investing into the business. But if I can't find a way to increase profitability, I won't be able to keep up my business. I also see from other businesses that their limitations tend to be financial, in a way where having more money to put into the business would yield more profits. Any guidance, suggestions, etc, from people with more experience than me? [link] [comments] |
| Been in business for over a year, have questions about financing Posted: 22 Jan 2022 10:44 PM PST I own a food truck that has been breaking even almost every month until this past December and is now quite profitable due to a change in location. I would like to get a line of credit for some new equipment and can put assets (current equipment) up as collateral if need be. My financial statements only recently will show that I'm making solid revenue. Will it be hard for me to get funding without a down payment? [link] [comments] |
| Posted: 22 Jan 2022 10:44 PM PST |
| Posted: 22 Jan 2022 10:36 PM PST My dad owns an auto repair shop. He's been in business around 15 years. Recently (3 years ago) downsized to a location with much cheaper lease ($1200 vs $7000). As long as I can remember he's always had at least a dozen cars waiting to be worked on at all times. Constant throughput but always lots of customers on i guess you might call a wait-list. Even with his lower overhead, he never has time off. I am 2 classes from finishing my AS in business management but I haven't really learned much practical knowledge. I want to help him become more profitable so he can have more free time. How can he capitalize on large amount of customers he has? Increasing the capacity of the shop would require several more good techs (hard to find) and a larger location and would cost so much it wouldn't be profitable. I suggested he raise prices at least 25%. I think it could cut down his customer base somewhat but as long as he stays full he should see a nice gain in profit Anyone have any other suggestions? Eventually he will retire and it will become my business. I want to improve it. (I've also gone to school to be a mechanic) Thanks for the input (i know enviable problem to have) [link] [comments] |
| Posted: 22 Jan 2022 04:28 PM PST Thanks. It's basically just a photo, text on one end 4x6 and the other is a small list of business offerings, and mailing address+return address and stamp. Oddly, I don't seem to be able to find this as an option with Costco. [link] [comments] |
| Posted: 22 Jan 2022 09:41 PM PST I've been thinking of making money for my education after finishing high school. I can provide few bucks to start a business but I don't know what is currently in demand. Let's say all of you are students, what would you like to have? What I have in mind for now, is that I want to make things as simple as possible, that is, not to wrap my packages with lots of papers and other types of decor that would then end up in landfills. What is something that people need nowadays? How do I find out what attracts someone when I don't have anyone's attention? [link] [comments] |
| Attempting to expand roofing business - how to build partners and suppliers? Posted: 22 Jan 2022 12:08 PM PST Hi everyone, I have taken over a roofing business over the last two years. Everything has been going great. I have a few builders that I work with on a quarterly basis when they build new units. But I'm looking to expand geographically and higher volume like: subdivisions, row townhouses, commercial builds and warehouses. I do everything from tar, to roll-on, enviroshake, cedar, asphalt, metal, copper - everything so product offerings aren't a problem. It's more of my reach being low. Facebook ads and Instagram ads are very saturated and you won't get too much out of them. Any suggestions? [link] [comments] |
| Posted: 22 Jan 2022 08:51 PM PST Hi there, I hope this email finds you well. My name is reddit user from great company We are a family owned and operated health & wellness provider from enter coordinates here. The reason for my email today is to begin a discussion about partnership possibilities which could enable our business to provide some truly great products to more customers in Your area. We have had success in other provinces working with businesses similar to ** sellers businesses **. We would like to continue that success by creating new & mutually prosperous partnerships like these. We will be traveling through businesses locations in the coming week and would like to arrange a meeting to showcase our products if at all possible. In the meantime, I have attached product pictures along our pricing for your reference. We eagerly await your response, thank you for your time. ** names & locations omitted, hope this doesn't create confusion and point is still clear for question purposes ** [link] [comments] |
| Tips for creating a marketing agency? Posted: 22 Jan 2022 08:33 PM PST Hello colleagues, I offer SEO, SEM, Web Development services, among other services and I am thinking about whether or not it would be a good idea to create my own Digital Marketing agency. I would like to hear ideas and advice from you. Thank you. [link] [comments] |
| Advice Needed - Future of 18 year old E-comm Business Posted: 22 Jan 2022 04:00 PM PST A little bit of backstory, I started an e-commerce business 18 years ago for a very niche product. Competition was pretty scarce online and I relied on Google (free/paid) and email marketing to grow sales. A few months into the business I was really starting to sell quite a bit and my dad offered to help me ship products out of his commercial building where he had daily UPS pickup already setup. He had a small business for 30 years that he had to close up, but he had a 12K SF buiding that he owned free/clear. Website sales grew from 2003-2012 to the point where we were doing about $800K in revenue at the peak. We were buying our product domestically, but eventually had to go overseas to get the quantities we needed. Around 2013, Google did some updates and I lost a significant amount of Google traffic. Around that time, Amazon FBA was becoming a viable option so we started to use that and sales on Amazon picked up. From about 2013-2018, margins and revenues were crazy. We almost always had issues keeping products in stock and that, along with the website sales, did very well. We then began a little bit of a roller coaster with 2019 being our first down year (due to heavy competition), 2020 being very strong (Pandemic), and seeing a decent drop in 2021 (more competion on Amazon). My dad is close to 74, he wants to keep working but I think we had too many great years and his expectations are a little outsized. Both him and I were taking home some signicant cash out the business over the years, but we're both not reliant on the money any longer. I have always worked a full-time job and he obviously can retire and rent out the building (way oversized) where we operate. Here are the options for us: 1) Sell the business and see what we can get. Most value would be selling to a competitor. 2) Lease out the building, operate out of a smaller building. We pay around $20K in rent to ourselves, $22K in property taxes, and overhead. We could rent an appropriate sized building for $20K per year. STill, might have to sign a longer-term lease which would make this a no-go. 3) Close down the Amazon piece of the business, operate out of my home, and only deal with website and non-Amazon platforms with lower volumes. Major problem with this one is the quality of my product is why customers buy from me. This product comes from my supplier in China. Without a facility, I don't know if that means I would be able to import any longer. 4) Keep it going another year or 2 and see how it goes. Focus on increasing more profitable website sales, reduce the reliance on Amazon, etc. There are ways to increase profitability. 5) Figure out other revenue sources. Possibly warehousing products for other Amazon sellers. We could do it cheaply at a very small scale. Any ideas? [link] [comments] |
| Posted: 22 Jan 2022 06:51 PM PST Hey everyone, I have been in the webhosting and VPS hosting since 2017 and starting to struggle again with growth. I was wondering if anyone had any suggestions for how we could increase our visibility and build up our client base even higher. [link] [comments] |
| Need help with taxing a loan/donation to my company Posted: 22 Jan 2022 06:38 PM PST So I wasn't quite sure how to title this but I'll try my best to explain the situation. I started my business in the final months of 2019, 2020 was basically a wash and nothing much really happened as far as sales or growth. 2021 however was a fantastic year for my company. I need to grow the company this year and be able to increase my through-put. One of the ways of doing that is getting more machinery up and running (my business is a machine shop). I went to a cousin to see about a business loan, created a full business plan, showed profit and loss and all my numbers for 2021. I asked him for a loan in the amount of $250,000 and instead of loaning me 250k he instead gave me 125k and said basically don't worry about paying me back I want to see you succeed. Now the question I have is do I need to pay taxes on the 125,000? Or does it become non-taxable income because it's going to be spent on the business? Sorry if this is a stupid question the world of owning a small business is new to me and I'm doing the best I can to stay out of trouble. Thanks in advance! [link] [comments] |
| Posted: 22 Jan 2022 06:24 PM PST Hey everybody, I just wanted to present an idea on here and get some feedback. I'm currently 18 years old and had an idea for starting a small business which I wanted to get some feedback about. I have been wrestling for 15 years and have a college scholarship to an Ivy League university. Further, I have tons of impressive accolades throughout my career and in high school. My idea was to become a "mindset coach" for other aspiring wrestlers, because I know how important the mental aspect of the sport is. On top of this, I really know what it takes to be successful in certain areas in wrestling. I'd create a page and have people schedule "lessons" or "meetings" with me. What are your thoughts on this? Please let me know! [link] [comments] |
| How did you make your first sale? Posted: 22 Jan 2022 02:35 PM PST I recently started my business selling hand crafted housewarming gifts and bath salts. I created my website and grew my Instagram page organically to almost 600 followers. However, I haven't made a sale and I'm feeling a little discouraged. I've created ads on Google and Instagram and recently got more active on tiktok but I'd be lying if I didn't say that I'm starting to get a little discouraged. This is why I'd like to get some tips and insight on the beginnings of your business and how you made your first sales. Thanks! [link] [comments] |
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