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How Do I Choose the Best Mini-Business Ideas?

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  • Written By: N. Madison
  • Edited By: Jenn Walker
  • Last Modified Date: 27 August 2016
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Choosing the best mini-business ideas usually means determining why you want to start a business and then choosing based on your unique interests. For example, if you have a love of gourmet meals, a gourmet dinner business may prove right for you. Once you've chosen the type of business, you will then need to make sure you can run the business on a small scale and keep your investments of time and money at comfortable levels. Additionally, you will usually have to make sure you can obtain the right licensing for your endeavor.

When you are comparing mini-business ideas, one of the most important considerations is why you are choosing a mini-business rather than a full-fledged endeavor. For example, you might want to test the waters with a mini-business before you venture into something larger and more time consuming. In such a case, you can determine whether the choice you have made is both right for you and profitable before you invest more money and time into it. On the other hand, you could choose this type of endeavor in the hopes of keeping your time and money commitment to a minimum. For instance, if you have a full-time job already, you may want an idea you can operate in your downtime rather than something that will require a large commitment of time.

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If you are hoping to start a mini-business as a prelude to a larger endeavor, you can compare mini-business ideas based on your interests and the likelihood that you can keep the business small for as long as you would like. There are many businesses you can run on a small scale, ranging from gift basket and car detailing businesses to baked goods and graphic design businesses. Ideally, your choice should be easy to run from your own home or commercial space you already have and allow you to take on a small number of customers and clients so that you won't become overwhelmed.

When your priority is a business you can run part time, the time and money you will have to commit to a venture might prove to be a critical consideration. For instance, you may want a business you can run in your spare time, such as a weekend car-detailing, laundry, errand, or lawn-mowing service. You could also consider businesses you can run before or after your normal work day, such as a dinner delivery, before-school babysitting, or web design business. Additionally, since you can only expect part-time earnings out of such a business, choosing one in which you can invest as little as possible may prove important.

No matter which mini-business ideas you find most interesting, it is typically important to select based on the laws of your jurisdiction as well. Before you begin, you'll have to be sure you can secure the appropriate licenses for the business you want to start. For instance, if you want to start a baked goods service from home, you'll need to make sure you can get the proper food preparation license.

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