Venture Capital

2022-06-10 14:02:03 Making pet toys

Sometimes, to start a profitable business, you don't even have to think about renting some premises and worry about huge expenses on materials and advertising. And this is just such an example!

Making toys for pets is the perfect option for hardworking craft enthusiasts.

Every day, more and more pet owners are abandoning the low-quality products from the pet stores' shelves, giving their preference to handmade toys

For your products to become popular, they need to combine two main qualities: aesthetic design and functionality.

When advertising your online store, focus the attention of potential customers on the uniqueness of your handmade masterpieces. Open / Comment

2022-06-09 21:02:03 Facade heat insulation

This is an example of a fantastic business not only for regions with cold climates, but it is also popular among residents of old houses, where the wind blows from every hole.

The work is not difficult, but it is painstaking and requires skills to be at your best.

That is, craftsmen must know how to use insurance equipment.

You will need about $8,000 to launch your enterprise and meet all the possible costs

According to experts, it is possible to recoup all investments within first two months, especially if you start working in the high-demand season - that is, autumn. Open / Comment

2022-06-09 14:02:03 Production of leather accessories

Leather goods are quite common, but, unfortunately, the level of their individuality is quite low, so by making accessories by customers' sketches you can build a profitable business

Improve your skills in leatherwork on offline master classes, on Youtube and, of course, on your own practice by trial and error, asking questions on dedicated forums.

You'll need to spend about $1,500 on equipment and necessary materials.

It is better to set prices for the products individually, depending on the costs of materials and time spent on making a particular accessory. Open / Comment

2022-06-08 21:02:02 The Influence of Influencers

Most people trust the opinion of their social circle when making purchasing decisions

As data from the Statista Global Consumer Survey shows, many also trust the friendly people who freely share their lives with us on social media and at least feel like our acquaintances: influencers.

Influencers currently yield the biggest power over people’s purchasing decisions in Brazil, China and India, according to the survey which is representative of the countries’ online populations Open / Comment

2022-06-08 14:02:02 Where Most NFT Users Live

Non-fungible tokens, or NFTs, gained significant traction among certain East and Southeast Asian countries in 2021, including Thailand, China and Vietnam, according to the Statista Digital Economy Compass 2022.

As our chart shows, Thailand took the lead as the country with the highest number of NFT users in the world in 2021, with a total of 5.65 million users

Financial experts, however, warn against over relying on NFTs, as there is little basis for their valuation since they are bought and sold based on speculation and hype Open / Comment

2022-06-07 21:02:03 Vending solarium

Vending again! That's because this is just a perfect option for beginning businessmen, which does not require a lot of expenses and can pay back quickly .

Setting this business in not very sunny cities will be extremely profitable .

First of all, you will need to buy a vending machine. By the way, the vending solarium can work autonomously.

All the necessary equipment, including ancillary stuff will cost you about $5,000.

The payback period is 7-8 months. Open / Comment

2022-06-07 14:02:03 Mobile photo studio

The events industry does not stand still, and each of the companies wants their event to remain in the memory of their clients as long as possible. That is why they often use mobile photo studios' services.

The range of services you can offer after organizing this business is enormous.

For example, shooting and printing high-quality photo magnets or printing photo mosaics of guests on the event, and all for extra price .

You'll need approximately $3,000 for startup capital.

The average payback period is 3-6 months. Open / Comment

2022-06-06 21:02:03 Refilling engine oil

Despite the high competition in this market, the right format will help you bypass them all at once

The sale of motor oil is an excellent example of a promising business idea thanks to the advantages it brings. It will be appreciated by every car owner.

You should stock at least 10 types of oils — from budget to elite.

On average, you will need about $ 5,000 for initial investments.

For additional income, offer customers to change their oil on the spot. Open / Comment

2022-06-06 14:02:03 Silkworm breeding

Contrary to popular opinions, the agricultural segment of the business is what makes it most profitable. An example of a promising idea in this niche is a silkworm farm.

Natural silk fabric is highly valued, and there is always a demand for it.

To implement this idea, you can purchase larvae or silkworm butterflies and build them a mulberry garden

Calculating the profit can be quite difficult, but some statistics are still available. On average, 8-10 kg of natural silk is obtained from 100 kg of cocoons Open / Comment

2022-06-05 21:02:03 Angry Birds Attraction

This is another great option for seasonal business.

Angry Birds literally became a flagship game in its time, so many would like to try their hand in real life, where the flight path needs to be calculated by you and you only.

To create such an attraction, you'll need around $700 as a start-up capital.

Among the advantages of such a business is its quick payback, which on average takes about 10 days.

The ideal location for "Angry Birds" are places of mass gatherings — like parks and beaches

If you want to make your business all year-round, then you should consider renting a suitable place in any shopping and entertainment center. Open / Comment