10 Easy and Best Business in 2011 | Business programs for 2011

Starting own business is the great dream of many people. This article gives 10 best businesses that can be started with just $200. These 10 best businesses includes only very less investment, profits can be earned decently and quickly.  Still majority of the people have own business ideas in their dreams. Lack of money for investment is their main problem. Because of this they put the dreams in their mind and work in somebody’s firm. Here I have proposed effective 10 best businesses which can be considered as 10 cost effective ideas to start a business. If we ask any successful businessman he will tell about his financial sufferings in the starting stage. So to become a success in business the first thing you need to have a strong lust towards the business programs to and strive to get profit. This lust will progress your business. All 10 business programs, expected investment and income are given below.

1.       Sales and distribution

2.       Professional Service

3.       Home tutoring

4.       Bed and breakfast

5.       Consultancy

6.       Multi level marketing

7.       Local auction house

8.       DVD rental business

9.       Catering service

10.   Wedding planner/Event planning company

Do you have the ability to sell a commodity? Are you able to meet and talk to people with confidence in any situation? If you have these abilities then it is advisable to start a sales and distribution company. There are different commodities available in market to start this business program.

How to start this business program?

·         Determine a particular commodity to start the business.

·         Contact a whole sale dealer.

·         Search yellow page directories of your city.

·         Participate in business fairs.

·         Not necessary to stock high quantity of commodity.

·         It is possible to determine the product by reading product catalogs and using samples.

·         For motivation one best business is :

 Corporate companies need gifts packed with their logo in high quantity, find such products. Prepare beautiful catalogs including their logos. Demonstrate these catalogs to the company and acquire orders from the company.

Investment

Main investment requires in preparing business cards, stationary, sample products, and tax registration. If suppliers trust you then they will lend products.

Expected Income

Income from the business depends on the margin obtained from sales. For each sale 10% to 30% will get as profit. Focus more on the commodities that can be sold out wholesale to a corporate firm. Normally $200 to $1000 will be earned per month.  . A direct marketing company with many employees will get a profit in lacks.

This will be a best business if you have interest in selling commodities. During starting stage use your house for the business and open an office when the business grows.

Service providing company can be started by a professional; if you are an accountant then this will be a best business. Book keeping, tax returns, balance sheet, financial reports and income statement can be done as services to other companies with a common fee.

How to start this business program?

· Develop a business card and service brochure including the services you are able to provide.

· Meet companies who require additional financial services.

Investment

Advertisements are needed at starting stage. Brochure and business cards are necessary. When you meet companies ask them for more referrals. Getting respected is an important aspect in this business program. Provide good service and obtain positive feedbacks then only you can grow with this business.

Expected Income

Per month $200 to $1000 can be earned. When the no of clients increases post more employees to expand your company. For motivation one best business is:

People who are experienced in web designing, graphic designing, educational consulting can start business in their own home.

Home tutoring is a best business that requires little investment. If you have the ability to handle science, computer, mathematics in an efficient way then this is good business program.

How to start this business program?

·         Determine in which subject you are expertise.

·         Make some small advertisements.

·         Lend your services to private institutions.

Investment

Money is required to make small advertisement boards by self.

Expected Income

Per month $100 to $500 can be obtained. Dance, sports and music professionals can start a talent school in home itself. If you know aerobics or meditation techniques then it is advisable to start a coaching centre.

If your house is near to a tourist place, hill or beach, then bed and breakfast is a best business to start.

How to start this business program?

·         Keep your bedroom and sanitation clean.

·         Electricity and water should be available in plenty.

·         Get connected with travel agencies and taxi drivers.

·         Ask your neighbors also to do this business along with you.

·         Check the identity details of your customers thoroughly.

·         Provide tasty food and treat them in a good manner.

Investment

Money is needed for advertisements, arranging rooms and toilets.

 Expected Income

Income depends on the number rooms given for rental. $100 to $600 can be earned per month.

Consultancy is a best business in real estate, automobile, career, matrimonial. Your success in this business program is determined by the data bank your are having about your particular consultancy field.

How to start this business program?

·         Collect data on the specific consultancy field.

·         Do things differently and efficiently so people trust on you.

·         Main key in consulting is networking. Meet more people, take reference from them and tell them about your consultancy service.

·         Provide effective advertisements.

Investment

Money is required more on giving advertisements in newspapers and classifieds. Advertisements bring more clients.

Expected Income

High rate of income is obtained in real estate, matrimonial, automobile and education consultancies because high rate of money exchange occurs in these fields. A hardworking consultant can earn $500 to $2000 per month.

Multi level marketing also known as network marketing is one of the top growing business program in the world.  Before joining find more about the service, product and trust of the company in the market. Success in this business depends on your ability in mingling with others and joining more people to your network. You should have a trust in the company. You should demonstrate the products of the companies to clients and make them feel that they can more income from this business.

How to start this business program?

·         Join a reputed MLM company.

·         Select a company having more attractive products.

·         Income will get generated only after some time, up to that work hard to expand your network.

·         Each day you need to go to different sites and meet different people.

·         Improve your communication ability to deal with clients.

Investment

Investment is totally depended on the company in which you are joining; it will be around $200.

Expected Income

If you are hard working then you can earn more than $2000 per month. Starting income will be less and it grows when you expand your network.

Local auction house a best business to earn high income. You need to study well about the operating of an auction house before entering into auction house. Anything can be sold out through an auction house including fresh and second hand items.

 How to start this business program?

·         Collect maximum items from your friends and neighbors.

·         Create and distribute the list of items placed for auction.

·         Collect commission as a specific percentage of the cost of sold item.

Investment

Start auction in your house or in your garage.  Sometimes legal registration is needed to start auction house. Local advertisements is necessary expand the business. Minimum 50 to 100 people should be participated to make the business profit.

Expected Income

Auction should be conducted once in a week. A large scale auction house will earn $200 to $2000 pe month.

This business program does not need an office or shop to start. You can do it in your own home. Distribute movie CD s to the costumers. For that only one delivery boy is needed.

How to start this business program?

·         Make a list of 1000 movies which can be given for rental.

·         Ask the favorites of customers.

·         Make available the latest movies in market.

·         Start per month schemes to rent DVDs.

·         Collect an advance for membership.

Investment

At start buy 50 to 100 DVDs. Buy only original prints.

Expected Income

100 customers will bring $400 per month. Online service can be used while expanding the business.

If you are talented in cooking and able to cook delicious food then catering service is a best business for you.

How to start this business program?

·         Get orders from hostels, offices, factories.

·         Give a menu card to customers.

·         Supply lunch and other food items under quality packing.

·         Make available phone-order services.

Investment

Initially money is needed to buy packing items and cooking items. To reduce cost cooking can be one inside your kitchen. Prepare copies of menu cards.

Expected Income

Delicious food will increase the business. Business can be expanded by taking order for big parties and marriages.  Per month $500 to $2000 can be earned with this business program.

Event planning company to assist wedding, birthday, anniversaries, corporate parties is a profitable business program. You can do this inside home using your phone. Book reception venue, flower decoration, food, photo-videographer, hotel room for the particular date. You should be able to provide all services needed for an event. Give information to the client about the expenses for each service and different options.

How to start this business program?

·         Make a list of the services needed for particular events and make an estimate of the expenses.

·         Find the best sources to obtain these services.

·         You should be able to convince the client about cost effective services.

·         Provide a satisfactory service; this will increase the number of customers.

Investment

Expense includes only for promotional techniques if you are working as a consultant.

Expected Income

Wedding itself is an expensive event, so 5% commission will be a good amount. $400 to $2000 can be earned per month.

All these 10 best business requires only less investment which will gain a good profit. If you are dreaming to become a businessman and was hindered by financial trouble, then it is advisable to pick any one of these business programs. Only hard work and better techniques will improve your business. Think well and choose which one among these best business will suit you.

Best of Luck !

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