Building a website is easier than ever. Before technology picked up the pace, we were required to have a degree in computer science just to build a website. But, those days are long gone.
Today, practically anyone can create their own well-designed, professional website and within minutes. The only question then remains is which website builder should you choose?
Boasting more than 200,000 users, WebWave has been very popular since its release in 2013 and rightly so. Many website builders either require you to have their branding or their products advertised on your website. With WebWave, however, you can do away with all these issues.
The WebWave team releases frequent updates for the website builder to give you access to all the best possible features. What’s more, if you need help with your website, you will be provided with full customer support in over 43 languages. So no matter where you are located, you can make a full-fledged website in a short span of time.
If you are wondering that this sounds too good to be true and the real catch would be the hefty tag that follows it, then you would be wrong. Even if you’re on a budget you have the option to create your website free of cost. However, with the Free option you will have to use WebWave’s domain name and their advertisements on your website.
Although if you have a small business and are looking to create your first website, you can always go for their very reasonably priced Premium Plan at only $7/ mo or ₹517/mo
Thousands have chosen to use WebWave to build up their websites and business, but is it for you? Read on to find out more.
1. 60+ responsive templates available for free A lot of other website builders may have free templates but the choices available are very few. The ones that are really good and professional looking are available for a price. With WebWave, you get all their templates for free and there are more than 60 templates available that you can use for both your PC, tablets, or mobile. The only downside is that once you have chosen a template, there’s no way to switch to another.
Manage multiple projects with Webwave
2. Template types WebWave offers templates to need a wide range of needs. You can choose a blank template or a themed one based on your business niche. It covers a variety of industries and markets, such as:
Business (construction companies, law agencies, architects, etc.)
Hobbies and interests (music, cricket, football, etc.)
Health and fashion (beautician, medicine, doctors, etc.)
3. Template organization One of the drawbacks of WebWave is that their pre-designed templates are not arranged into categories. There is no way of searching them by keyword either, so you have to manually scroll down until you find the template you are looking for.
4. Template customization One of its most welcoming features is that all the templates available are fully customizable. You have all the flexibility you need in making your website according to your needs. You can switch colors, rearrange elements on your page, set layouts and fonts and how they appear on each page.
WebWave – Features
A great set of tools (basic) for your website WebWave hasn’t really re-invented the wheel here so their features are pretty much what you would expect from any other standard website-builder. You can add text, images, icons, forms, videos etc.
Animations You also have the option of adding animations to virtually any element on your website, though it is probably not wise to overuse this feature as it may affect page loading speeds. Animations effects range one to many including fly in/out, fade in/out, and expand in/out.
WebWave has a Photoshop like interface where you can edit your project with precision
Integrations It is relatively very simple to add third-party features to your website, like a Typeform survey, FB comments, a Shopify store, or a LiveChat Pop-up. All you need to do is generate an embed code with your third party app and add it as an HTML element on your website.
Interactions This feature in WebWave allows you to show or hide elements from your website while your users are browsing it. For instance, instead of spending money on a pop-up builder, you can choose to have an element show up every time a customer presses a button on your website. Or, you can simply display customer reviews after your visitors scroll to a certain point on your website.
WebWave – Pricing
WebWave’s pricing plans are really simple. The Free plan comes with all the features you need to build a professional website. Unlike most website builders on the market, tools in the elements editor aren’t separated into free or premium. You can create unlimited storage, create unlimited pages and have unlimited bandwidth. You also get access to free images via the built-in Unsplash collection.
WebWave Pricing Plans
The only drawback to the Free plan is that you have to use a webwave.me subdomain which is generated automatically. The only way you can have your own domain name is if you opt for the Premium plan.
Upgrade to the Premium plan to get access to your own domain name, and ad-free website. You also get priority support, free backups, an email box, an SSL certificate and a .com registration. If you are using your website for business, a custom domain is an absolute must, since the auto-generated subdomain you get for free is a jumble of letters that would look unprofessional.
Click below to get the Life Time Deal of WebWave at the lowest price
WebWave – FAQ’s
Do i need to buy a domain? You can either buy a domain from our system, or connect a purchased domain to WebWave.
Can I export a page created in WebWave? Yes, you can for an additional price of $25
If I have a white label, will anyone see that I am using WebWave? The clients that you are creating websites for will never know that you are using WebWave.
Can I create a blog on my website? You can create a blog and use many functions that will help you run your website like, newsfeed, SEO tools and article templates.
What are the available payment methods in the online store? You can collect payments via Stripe.
It’s not easy to check through all of the SaaS accounting software options. There’s a lot of platforms to choose from across every operational aspect of your company. Onboarding each of them requires a ton of setup and spending the time to learn their nuances. Then, of course, there’s the cost of purchasing licenses to consider. And finding the best accounting software for SaaS companies is doubly hard: You have even more options than other types of small business owners do, and figuring out the differences among all these accounting software packages is tricky at best.
However, there are a couple of key things that differentiate the best SaaS accounting software options from the rest of the crowd. They are:
Scalability: Most SaaS companies are growth-minded, meaning you need accounting software that can keep up with your business as it expands.
Automation: SaaS is a fast-paced industry. Nobody wants to spend all their time doing accounting, so you need a solution that is as high-tech as the service you provide. Automation allows you to focus less on your books and more on your business.
Multi-Business Support: SaaS encompasses a wide range of business types. Your software needs to provide a solution that can account for that.
Best Accounting Software for SaaS
Now that we know what to look for, here is our top pick for the best accounting software for SaaS companies:
QuickBooks Online
Quickbooks online
One of the top options for the best accounting software for SaaS companies is QuickBooks Online. You’ll have a hard time finding a platform that’s as scalable as QuickBooks Online: The software offers different levels of support that accommodate your company’s evolving needs as it expands. Plus, the setup is easy and the bookkeeping is intuitive.
Quickbooks dashboard
Getting more specific, there are several reasons QuickBooks Online is such a good option for SaaS companies. They are:
Requires No Manual Data Entry.
Grows with Your Business.
Makes It Easy to Track Your Financial Health.
Has a Helpful Virtual Community.
Best for small businesses seeking accounting software suitable to their size. QuickBooks pricing starts at $5.00 per month, per user. There is not a free version of QuickBooks but QuickBooks does offer a free trial.
According to NetSuite’s website, it offers a financial management solution that expedites daily financial transactions, accelerates the financial close and ensures compliance. Its cloud-based single platform architecture ensures complete real-time visibility into the financial performance of the business from a consolidated level down to the individual transactions.
NetSuite’s cost depends on several factors including the selected product configuration, add-on modules required, total user count and contract duration. Taking all this into account, NetSuite’s base license pricing begins at $999 per month with general user access listed at $99 per month. Advanced NetSuite feature modules are available which can be a beneficial enhancement to a standard platform license. Add additional users as needed by purchasing individual access via any browser on a universal cloud-based platform.
NetSuite licenses operate on a subscription model and may be renewed annually or over longer durations. There are several pre-bundled vertical editions, which can be useful in quickly identifying the necessary package and modules needed. You decide which one is best and when you are ready to add more capacity.
FreshBooks is designed specifically for small businesses, so if your SaaS company is still in its early stages, this could be a good option. FreshBooks offers three different small business accounting solutions—Lite, Plus, and Premium. Each option is designed for businesses in different stages of growth, with the Lite plan being the least expensive and the Premium plan being the most expensive.
FreshBooks pricing
The features you get with FreshBooks depend on the plan you sign up for, but all plans come with the following features, which are essential for SaaS accounting:
Invoicing (including recurring invoices and late payment reminders)
FreshBooks Double-Entry Accounting tools help you make choices based on actual business data and insights.
Invite your accountant to your FreshBooks account with just a few clicks. Your accountant will get exclusive access to the financial information and reporting they need to support your business, whenever they need it.
FreshBooks is available at a price that is comparable to QuickBooks, and it features very similar accounting functionality. This makes it a great alternative to consider for those looking for SaaS accounting.
Zoho Books
Zoho Books
Zoho Books is an online accounting software that allows you to easily manage the money flowing in and out of your business. Manage your customers and invoices, while keeping expenses in check. Record, monitor and reconcile your bank accounts and transactions, and collaborate with your accountant in real-time. Most importantly, Zoho Books helps you make better, more informed decisions and stay on top of your business.
Zoho books pricing
Features at a glance:
Create GST invoices in seconds.
Give your customers online payment options and get paid faster.
Create and send purchase orders.
Keep track of inventory levels at all times.
Organize your inventory with vital information like SKU, cost, and stock on hand.
Set up rules to categorize your banking transactions for easier reconciliation.
Create, edit, and manage your customer and supplier contacts from within Zoho Books.
There are three pricing options for Zoho Books – Standard (₹2,499 per Organisation/Year, 3 Users), Professional (₹9,999 per Organisation/Year, 4 Users), and Premium (₹19,999 per Organisation/Year, 7 Users).
Conclusion
Whether you’re just forming your SaaS company, or have begun to hit your stride and need a seamless way to manage your finances, accounting tool provides a robust way to manage your company’s money from top to bottom. No matter which software you choose for your SaaS accounting needs, before you set out on your search make sure you know precisely what you need your accounting software to do for your business. So, which tool are you using for accounting? Please let us know in the comments section below.
SaaS accounting is a model for accounting software whereby the application is hosted by a service provider. Instead of installing and maintaining software locally, SaaS software is securely accessed through a PC or mobile device.
Is QuickBooks a SaaS?
Yes, QuickBooks – This is the tool for all your accounting needs. They also have a free trial so you see if it meets your need! Salesforce – A CRM software that can be used to scale business.
What accounting software do startups use?
One of the top options for the best accounting software for SaaS companies is QuickBooks Online.
A basic theory by David Mayer (as published in Harvard Business Review) is that a good salesman must have at least two basic qualities: empathy and ego drive. Are you a salesperson? Or just want to learn to sell for your own product. Selling is a skill which will help you not only in business but for the whole life. A salesperson is not just an employee of the company but they are as important as CEO.
According to a report, 80% of sales require 5 follow-up calls after the meeting. Selling things is one of the most difficult things. It is very difficult to convince someone to buy a thing. That is why it is one of the most required and highly paid jobs in the industry. You have to be soft and confident in your approach. Success in this field can only be achieved by having a positive approach towards your customers. Good communication skill is another important skill a salesperson should have. You can never be let down by failures but need to improvise with each. Here are Good Salesman Qualities which every salesman should have.
Good Salesperson Qualities- Must Have as Salesperson
Feel Your Customer
While it is not very important to agree with the feelings of the customer, a great salesperson makes an empathetic connection with the customer to understand their standing completely. It is a central quality to be able to sell him a product or service, which must be possessed in large measure. A salesman simply cannot sell well without the invaluable and irreplaceable ability to get powerful feedback from the client through empathy.
A Driving Force
The second of the basic qualities of salesperson absolutely needed by a good salesman is a particular kind of ego drive that makes him want and need to make the sale in a personal or ego way, not merely for the money to be gained. His feeling must be that he has to make the sale; the customer is there to help him fulfill his personal need. In effect, to the top salesman, the sale—the conquest—provides a powerful means of enhancing his ego. His self-picture improves dramatically by virtue of conquest and diminishes with failure.
Know Your Product
While many tricks in the past have worked for reps, the increasing access to information has made it tough for people to be fooled. Hence, it has become increasingly important to know your product in and out as much as you can before you make the pitch. Nothing is more off-putting for a buyer than to find an ignorant sales rep.
Be An Active Listener
Active Listener | Salesperson Skills And Qualities
It is human nature to wait for your turn to speak in any conversation, but a smart sales rep listens deeply for multiple reasons. Listening leads to forming stronger bonds and trust with the client. Also, the information contained in the conversation can help them position the product or service better to the customer in real-time.
Work Hard Than People Can Think
There’s no such thing as a born salesperson. Great sales reps make it look easy, but superior performance usually indicates a salesperson has taken the time to hone their skills and is constantly iterating to better help their prospects.
Follow Up
Hubspot CRM for Salesperson
Even if you think sending a proposal will fetch you a reply, a quick follow up call can open many unsure doors for the salesperson. Many times, the sales rep don’t know if their email was opened by the client. Hubspot sales help with this issue, letting salespeople know when and how often a prospect opened an email. With this information, they can follow up at the optimal time.
They Personalize Their Approach
To learn as much as you can about the prospective client and then using that information in your conversation with them can be effective in understanding the real pain-points people are facing at the time and help build their product up to suit the needs of the client.
Always Sell
As they leave the office, their selling practice goes beyond the hours and they engage with the prospective clients at dinner, parties, social gatherings and even a barbers shop if the opportunity presents itself. Bottom Line: It is not a job anymore, it is in fact a habit to sell.
Having A Positive Attitude Throughout
A good salesman is a person who never gets affected by others behavior or performance. It is very important to mind your own business and never gets into trouble by entertaining other’s problems. You need to focus on the job you have got in your own hand and never let others affect you in any kind of way. You should always be dealing with your customers with a smile, irrelevant of the mood they are in.
Maintaining A Good Relationship With Your Customers
Customer Relationship
Now this is believed to be one of the most important qualities of a good salesman in Marketing. There is always more than just buying and selling, is the bond you share with the people you are dealing with. Having a healthy relationship with your customers is one of the most important things for you to become a good salesman. You have to be patient about the work you are doing. A good bond with your customers will always help to boost your business profits. They will be willing to refer your product and services to their contacts. Yes, of course, it’s important to maintain a good business relationship so as to make your business to the next level.
Being Disciplined About Your Work
One thing you have to keep in mind is that you can’t be successful without being punctual or serious about your job. You can never get things served to you on a silver plate. You have to work hard for every single thing. You have to always lead by an example and be a good colleague and a person to another.
Knowing Your Work
A good salesman should always know what he is selling. There should be perfect clearance in the mind as a seller. You should never try to fool your customers as it can prove to be bad for the bond,
A good salesman should always know what he is selling. There should be perfect clearance in the mind as a seller. You should never try to fool your customers as it can prove to go wrong by all means. You should always try to create an impression by being soft-spoken and polite. You must know your customer will agree to buy. On that way, you have to talk differently with the different customer as well. By speaking softly and polite they can add more and more customers in their kitty, this will not only build their customers but also maintain they are personalized brand as well. So keep maintaining good relation is most important for every salesman
Always Act Like A Professional
Being a salesman can turn out being a difficult job. As it can never be easy for having so much knowledge about the work you are doing. You can’t be unprofessional. You should never try to fool your customers as it can prove to go wrong by all means. You should be able to provide deals which can pique the interest of the customers, hence making them impossible to refuse the deal. A good salesman should always be a step forward, you should be able to improvise and thus engage the customer in a good deal. Every day would agree with me that the salesmen job is difficult for sure. They got tired easily. But it’s important for them to act professionally. Good salesmen should always take the first step nicely to look forward to the customer they are working. They should keep in mind that the customer is their first priority. Maintaining a bad relation with the customer can ruin their professional life.
Improvise
A good salesperson is the one who knows how to improvise. You can’t always work on a given plan. There will be situations when you will get outsmarted by the person on the other end. The only thing you can do is to hold your end tight. You should never try to fool your customers as it can prove to go wrong, by all means, Focus on your own strengths and you will get your our self of the moment. You have to always learn to be focused on the work. You will always succeed in your mission.
Take Your Unique Approach
Everybody wants to give 100% to their career goal. But selling a product required a unique approach. This varies from person to persona and product to product. most common is that you need to be polite while talking to customers who have no liking for the product even. You have to be very patient till then. So being focused is the first way to achieve your career goals. You can say after using this product, you can think differently better then I keep telling you about good or bad about it.
A company stands there because its products are selling. If their products stop selling, will they standstill in the market for a long time? And the only person product selling depends on is, salesperson. But, the salesperson does not always succeed. They do fail. And in this post, we will see some reasons for salespeople’s failure.
They See It As A Job
Most of the salespeople do this as their job. They have no personal interest in selling. They do it all because they have to do it. You cannot succeed in something you are not passionate about. So, if you don’t like to sell, don’t do it. You are just ruining the whole company’s image.
Shut Up!
We have two ears and one mouth, that means, we should listen twice as much we talk. Don’t talk more but listen more. Listen to and analyze what your customer is interested in. No one likes to listen, neither your customer. Try to make them happy. Just shut your mouth if there is no necessity to talk.
No Confidence
This is a very important part of life. If you lack confidence in yourself, you lack everything. People are not gonna buy from a person who is not sure about himself. So, as they say, fake your confidence till you make it. It might not make any sense, but confidence makes the perfect sense. So, work on your confidence before going into the sales field.
You are not a magician. But you are a salesperson, who is no less than a magician. Try to figure out what the customer is interested in? What they really want? If you don’t know your customer, you can’t sell anything. Read their minds, talk to them in their mother tongue, analyze their behavior and then pitch the perfect product for them.
They Manipulate
Many people fail in selling because they always try to manipulate customers to buy the product. People may buy that product from you, but they will never come back to you. So, do not manipulate the customer, pitch your product instead.
I know More Than You” Attitude
The worst thing you can do to your customers is to underestimate them. Never underestimate your customers. They might know much more than you. For instance, when a computer engineer goes to buy a laptop, he knows exactly what he wants. But the salesperson still acts like they know more than them. So, listen to the customer, if they are wrong, then correct them. But don’t show off your knowledge.
They Do Not Follow The Process
Although selling is an art there is a proper process a salesperson has to go through while pitching the product to customers. Most of the good companies provide training to salespeople. But most of the salespeople don’t follow it while selling. The process is made after very deep research, so don’t think it’s just a theory. Follow it while selling the product.
Lack Of Patience
Many salespeople give it up after some attempts and failures. Selling is not an easy skill to learn. You cant learn to sell just in 2 or 3 months. Even a year is very less to learn it. Give it some time. Polish your pitching skills. Work on your confidence. Be patient. You can be a great salesperson, you just have to give it some time just like any other skill. Unlike skills like football, cricket, dancing, etc. you don’t do selling from your childhood. So consider yourself a child, and a 5-year-old cannot compete with big players. It will take time but will show the results for sure.
How to Improve As A salesperson?
These are the successful sales techniques to improve as a salesperson:-
Understand Your Market.
Focus on the Right Leads.
Prioritize Your Company Above Yourself.
Leverage Your CRM.
Be Data Informed.
Really Listen to Your Prospects.
Build Trust Through Education.
Focus on Helping.
Conclusion
Persistence is the key to unlock the bonus treats in the business. A good salesperson hits their quota, most of the time. Great skills of a salesperson knock it out of the proportion with their quarters. They do make mistakes but if they repair their mistakes on time, they can excel in the skill.
Business is not everybody cups of tea. It’s not like a job in which you can come at home to 5 pm, and have fun after that. It is something which needs to think differently. It takes your mind to think deeply. You have to work really hard to get your good results soon. You can never be lazy with your work. You have to always learn to be focused on the work. So it’s up to you what you want in that. So go and sell your product!
Ability to identify and react accurately to the behavior and emotions of customers. Identify other people’s feelings/frustrations objectively without necessarily agreeing with them. Ability to establish rapport easily and put people “at ease” in their presence.
What are the strengths of a salesperson?
Win-driven: They have a self-derived motivation to win (or not lose) that transcends compensation plans, campaigns, and coaching efforts.
Client-loyal: They are driven to understand what success means for their clients and to actively contribute to that success.
What are the five basic principles of selling?
The 5 Undeniable Principles of Selling:
Value comes with a price tag.
Consumers only buy products and services that benefit them.
The most valuable gift you have to offer is yourself.
Credibility is dependent upon two factors, trust and expertise.
A used car dealership business in India means that selling used cars to customers who are looking to own a vehicle but their savings money does not allow them to buy from ex-showroom price and earn profits. The COVID-19 (Coronavirus Disease) pandemic has placed the automotive industry at great disruption. Starting a user car dealership business in India will be profitable, where cars have to be brought from their owners at a lower price than you will sell later. IBISWorld reports the used car dealership industry has had a net decline over the past five years, due to coronavirus, at an average annual rate of -1.6%. In the upcoming years, this industry’s 129,553 businesses are forecast to see $ 99.1 billion in collective revenue. Nowadays people need more cars due to their daily transportation. The globally used car market size was valued at USD 1,332.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2027.
As there is the rise in the cost of new cars in the market also the increasing rate of interest on car loans has resulted in a shift in consumer preferences from purchasing brand new cars to buying used cars. In this article, we will discuss in brief how you will begin this car dealership business.
Used Car Market Size, by Vehicle Type
Key Segments of Used Car Dealership Industry
The inability of customers to buy new cars became one of the reasons for the growing sales of used car volume.
These dealership networks helped market participants to brand and make used car options.
The added quality and reliability of used cars changed the consumer attitude and increased the sales of the used passenger cars.
Investing in used car management has become one of the market’s requirements characterized by slimming margin, relentless competition, and demanding consumers.
High disposable income
Rising demand for luxury cars
The shorter period of car ownership
Increasing preference of the owner of a two-wheeler to upgrade to a compact car
External Factors Affect the Used Car Dealership Industry
Several factors affect the performance of the used car dealership industry:
Per capita disposable income – When customers have more money to spend, they become more willing to spend on expensive discretionary items, such as used cars.
Price of new cars – Buying a used car is a more affordable alternative to purchasing a new car.
Aggressive age of vehicle fleet – As the average age of vehicle fleets increases, it represents greater demand for vehicles.
World price of crude oil – High gasoline prices tend to decrease new and used vehicle sales.
Used Car Dealership Business Plan
A business plan is a blueprint that is necessary for running any business successfully. When you have a well-defined business plan the scope for trial and error in the actual business scenario. The primary objective of a used car dealership business is 100% customer satisfaction. After that, the business will aim to achieve and exceed the average profit margin within the first two years of business. The main mission must be to provide a hassle-free car buying experience with the main focus on customer satisfaction. After you select your location where you intend to start your business then you have to do work with the facts, indices, and other figures in the industry.
The dealership also provides job satisfaction to its employees by rewarding their efforts with bonuses and incentives. One important thing is to fulfill the buyer’s need for safe and quality transportation by providing them used cars that match or exceed their expectations.
After doing all the necessary objectives you need to bring together a proactive team of professionals who have some experience in the field. The network of suppliers that can help in buying and selling cars of optimum quality at attractive prices.
The start-up costs of a used car dealership will be financed through short-term loans, owners’ investment, and long term loans. The costs depend upon the following factors:
Stationary and office supplies
Accounting consultation fees
Office or plot rent
Legal fees for a business establishment such as ownership and no sell agreement
Office or plot rent
Marketing or advertisement fees
Web presence and online advertising expenses
Equipment such as desks, computers, telephone, fax/copier, and office furniture
Licensing
Surety bond
Global used car market share, by sales channel 2019(%)
Economic Analysis of Used Car Dealership
This new wave of digital retailing represents more than technology alone because it focuses on the importance of the customer experience in the used-car buying process.
Highlights of used car dealership business:
Complete end to end purchasing capabilities( 59% of buyers)
Extensive vehicle data and photos along with effective search tools ( 64% of buyers)
Your business goal will decide the legal entity, you must choose for your used car dealership business. When you are starting with a moderate amount of capital, you can choose to be the sole proprietor of your entity.
Some of the legal documents you will need to run a used car dealership business are :
Business and liability insurance
Certificate of incorporation
Tax Payer’s ID
Fire certificate
Used Car Dealership License
Business Plan
Non-disclosure Agreement
Employee’s Handbook(optional)
Facility permit/ license
Franchise or Trademark License
Insurance Policy
Choosing Location for Used Car Dealership
A car dealership requires a parking lot where you can park the cars and display them, as well as an indoor office space where all the administration is done. Before you search for a location you will consider the following points:
Demographics
Number of existing used car dealerships in the location
Accessibility
Local laws of the region or state
Security, safety, parking space
The purchasing power of the people residing there
Awareness of Used Car Dealership Business
None of the business is running without promotion and the same goes with the used car dealership business. Uniform promotion efforts are important to get noticed. The way you show yourself people perceive you in that way. Nowadays social media has emerged as the greatest platform for brand promotion and is very effective.
Some ways of brand promotion are as follows:
Sponsor community programs that are relevant to you
Give advertisements in newspaper, magazines, radio, and TV stations
Place hoardings in a target location that will get your business noticed
Distribute pamphlets
Some introductory letters in your location introducing people to know about your business
Take reviews from your initial customers and promote them because this way you will make trust
Looking for Distribution Network for Used Car Dealership Business
Being a member of a good network of used car dealers, you will be able to establish ready links with people who are looking to sell used cars. The Internet is a fantastic platform for advertisement and you must put your best foot forward in gaining leverage from it.
Key Companies & Market Share Insights
The impact of GST on Used Car Dealership Business
GST or Goods and Services Tax is usually charged on the transaction value of goods. Indian Automobile industry mostly benefited after the implementation of the new tax regime. As per the Goods and Services (GST) Act, a registered dealer buying from an unregistered dealer will be entitled to pay tax under RCM, which simply means the registered dealer would subtract all taxes from the payment made to be the provider.
If you are dealing in the market for a used car and are sifting through used car dealerships, you must have observed that the tax increased to 28 % from 5 % after the implementation of the Goods and Services Tax Regime. Previously, the used car dealers had to pay only 5 % tax value-added tax on the vehicles which are resold. Dealers generally keep their margin in the range of 10% to 20 %. It depends on the several factors of cars such as car type, age, and demand.
GST Impact on Selling a Used Car
If you are thinking to sell a used car, try searching for an organized car dealer nearby you who is offering second-hand vehicles at lower prices as compared to what you would expect for it. Generally, the dealers try to eliminate the tax burden either through the buyer and seller side or both.
Conclusion
The organized sectors and semi-organized sectors which cover approximately 21% of the market account are going to be benefited from the reforms and expected to grow by 36% and 12 % respectively against 17% unorganized sectors. Like dining, shopping, and entertainment, the car buying experience that people prefer is changing. The future of car dealerships is changing. The global used car market is expected to grow at a compound annual growth rate of 5.5% from 2020 to 2027 to reach USD 2,150.6 billion by 2027. The Asia Pacific dominated the used car market with a share of 35.6% in 2019, in terms of shipment. This is attributable to emerging economies, including India, which is dominated by unorganized players.
The coming decade is expected to be the decade of the fully electric car. The International Energy Agency cites that by 2020 up to 20 million electric vehicles will ply the road, a number that is expected to go up to 70 million by 2025. India has a lot to gain from the widespread adoption of e-mobility. Electrification will help reduce vehicular emissions, a key contributor to air pollution which causes an average 3% GDP loss every year. The National Electric Mobility Mission Plan (NEMMP) 2020 and Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme were both announced in aspiration of an electric-only future for automobiles by 2030. Starting an Electric Vehicle (EV) charging station will be very much profitable also as the demand for an electric vehicle is increasing the necessity of charging stations will be very much useful.
India’s electric vehicle market is projected to grow at a CAGR of over 37%, during FY2018-FY2023. India can play a lead role in it by switching over the EV mobility to ensure a greener and cleaner ecology. Under the Make In India program, the manufacturing of e-vehicles and their associated components is expected to increase the share of manufacturing in India’s GDP to 25% by 2022.
How To Start A Public EV Charging Station Business
Benefits of Buying an EV (Electric Car) in India
Low maintenance costs – The main reason why people buy an EV is the maintenance cost. An internal combustion engine car has more mechanical parts, hence, more complexities and difficult to maintain. EVs are easy and cheaper to maintain because of their simple structure and operations.
Little to no sound – Another benefit that an EV can deliver is the silent functioning capability. No engine’s why there is no noise as well. EV can always provide you with a more comfortable ride because of its completely silent operation.
Low running costs – Another major advantage that EVs deliver over conventional IC engine cars is the running cost.
NO more fuel price hikes – When you buy an EV you will no longer have to worry about the daily variation of petrol and diesel prices. While the government changes the fuel price depending upon the global prices, you will no longer have to worry because you don’t need fuel anymore.
Convenient charging at home – you may face a huge crowd at the fuel stations during peak hours. EVs are a major advantage in this case where you can simply plug in your vehicle at your home for 4-5 hours and you are ready to move again without any delay. EVs are nowadays also come with charging capabilities which allows them to charge within 60 mins.
Easy to drive – EVs are an absolute pleasure to drive because you don’t have to operate the gear mechanisms. You only have to use a set of buttons that will increase or decrease the speed.
Environment friendly – buying an EV is good for environment, they have no emmisions and very low carbon footprint. EVs are now the most eco-friendly modes of transport available in the market.
Comfortable cabin and more storage options – In an EV the space utilization ratio is higher than a normal vehicle. This is because the transmission gets simpler and the motor which replaces the engine occupies less space.
Government incentives – The benefits of buying are not limited to the vehicle itself. Government wants you to buy an EV and provides significant deductibles compared to a normal car.
EVs are future proof – Fossil fuels are getting old and scarce. It isn’t a clean energy source. Electricity, at present is generated from fossil fuels, but we are moving towards renewable sources of energy in the future. We have made significant strides in fields of solar and wind energy. We can probably hope for a completely renewable and pollutionless energy source.
Projected Electric Vehicle Sales
Requirements for EV Public Charging Station (PSA) Installation
Parking space for electric cars
No fewer than five ISO-certified charging machines ( the table below is a detailed representation of the required machines)
Charger Types
Charger Connectors
Rated Voltage
Number of Charging Points
Fast
CCS(min 50 kW)
200-1000 V
1/1 CG
CHAdeMO(min 50 KW)
200-1000 V
1/1 CG
Type-2 AC (min 22 KW)
380-480 V
1/1 CG
Slow/Moderate
Bharat DC-001(15KW)
72-200 V
1/1 CG
Bharat AC-001
230 V
3/3 CG of 3.3 KW each
Space for the charging machines
One transformer
Cable transmission
The area where charging stations are assigned must be safe and secure
Has at least 5 charging machines
Types of Vehicles for PSAs
You can charge 2 wheelers, 3 wheelers, 4 wheelers, buses, and other heavy vehicles. But the basic requirement is to have space for parking vehicles which come for charging. Generally, the three first types of vehicles are easier to charge in comparison, since the former requires less space for parking.
Buses or other heavy-duty electric vehicles need a large space for charging and also require the following requirements:
At least two chargers of a minimum 100 KW, each of different specifications (CSS, CHAdeMO) is necessary to install.
Appropriate Liquid Cooled Cables in high-speed charging facility for Fluid Cooled Batteries’ onboard charging
On FCS(Fast Charging Stations) for heavy electric vehicles, it must have battery swapping facilities for meeting the requirements of the charging station
Maintenance Top EV Charging Solution providers in India
Required Locations of PCSs
At least one charging station must be installed in a 3×3-kilometer grid.
One charging station must be set up every 25 kilometers on highways/roads’ both sides.
For long-range and heavy EVs, one Fast Charging Station should also be available on each side of the highways.
In cities, charging stations should be located within Transport Nagars and bus depots.
The appropriate authorities (State/Central/UTs) can also give priority to the current retail outlets (ROs) of Oil Marketing Companies (OMCs) in the permission to install of PCSs.
India Electric Car Market
The Indian electric car market size was valued at $71.1 million in 2017 and is projected to reach $707.4 million by 2025, witnessing a CAGR of 34.5% during the forecast period. Government schemes and subsidies are playing a major role in the growth of the market.
Based on technology, the Indian electric car market has been categorized into battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV). BEV category held the largest share in the Indian market, contributing over 70% sales volume in 2017.
Based on battery, the Indian electric car market has been classified:
LFP battery-based electric car was the largest category in the market, contributing over 65% sales volume in 2017, owing to the benefits such as high current rating, thermal stability and safety levels, and long cycle life.
Conclusion
Union road transport & highways minister Nitin Gadkari reaffirmed India’s potential to become a major manufacturing hub for electric vehicles in the next five years. He said the world is no more interested in doing business with China, which is a very good opportunity for the Indian industry to pick up the shift in business.
Babysitting is defined as the work of a baby sitter; caring for children when their parents are not home. Babysitting can be paid for all ages. Babysitting is a job that anyone can enjoy doing, find fulfilling, plus it also provides a decent income. Babysitting can be a business. The only thing that matters in this how much time and effort you want to devote to it. Childcare is a common money-making idea because kids will always be around and they will always need to be taken care of. Starting a babysitting business is great because it can pay well, it doesn’t have to come with a commitment in the same way a regular job would (i.e. set hours, payroll, etc.).
The qualities before starting a babysitting business are as follows:
Organized
Punctual
Mature
Respectful
Attentive
Babysitting provides business experience and insight that will pay off throughout your professional career. In this article, you will know how to start a babysitting business step by step.
How to Start Babysitting Business
Type of Business
Sole Proprietorship
A sole proprietor is a person who fully owns and manages this type of entity. A sole proprietorship usually does not have to be incorporated or registered. It is the simplest form of business structure and the ideal choice to run a small business or medium scale business. For babysitters, the best choice should be a sole proprietorship. It saves a lot of the paperwork and legal fees associated with starting a business. A sole proprietorship does not have a separate law to govern it. And so there are not many special rules and regulations to follow.
Corporations or LLCs (Limited Liability Companies)
A limited liability company (LLC) is a business structure for private companies, one that combines aspects of partnerships and corporations. Limited liability companies benefit from the flexibility and flow-through taxation of partnerships and sole proprietorships while maintaining the limited liability status of corporations. These legal entities help to protect their owners from liability.
Importance of Taking a Babysitting Course
Leadership – People who hire babysitters rely on them to be the leader and keep their children safe.
Childhood Characteristics and Behaviour – In this they know about the stages of development for babies, toddlers, preschoolers, school-aged children, babysitting for children with disabilities, assistive devices, and service animals.
Creating Safe Environments and Personal Safety – Children learn to be safer when home alone. The points include dealing with strangers, answering the door, answering the phone in a way that doesn’t put them at risk, what to do in the event of a fire. Also know about personal safety and security, online safety and bullying behaviors, information about community safety, street safety, bicycle and scooter safety, water safety, and rural babysitting.
Caring for Children – A young babysitter needs to understand the importance of supervision, what information they should get from the child’s parent or guardian before they are left alone with the child. Other important points include home safety, poison prevention, and giving medications, suffocation and choking, how to change a diaper, how to feed babies and children of all ages, safe toys, and activities for each age group. They will learn about dressing, sleeping, playing, comforting, safe vs. unsafe touching, and misbehavior.
First Aid Skills and Handling Emergencies – In this learn first aid skills, accident prevention, checking for hazards, choking, CPR, asthma, anaphylaxis, minor cuts and scrapes, splinters, life-threatening bleeding, nosebleeds, bumps and bruises, burns, head, neck and back injuries, broken bones, seizures, poisons, insect stings, sudden medical conditions or other medical emergencies.
Promote Your Babysitting Business
There are many ways to find babysitting work. There are various approaches to fund work as a babysitter:
Network –Your friends and family know that you are available for babysitting. Then tell your parents to tell their friends. If there are families with young children in your neighborhood, then hang out at the playground and introduce yourself.
Get a referral – If you know someone who is already doing a babysitting job ask them to get a referral.
Check with your school – Try your guidance office or college career office for a list of babysitting jobs.
Job sites – Register with sites like SitterCity and care.com. Jobs posting are specific, detailing the hourly wage and strict requirement and rules regarding things like cell phone usage, driving requirements, meal preparation, help with homework, and more.
Sign up with apps – As well as websites there are apps aimed at connecting parents with babysitters such as Bubble, Sitter, Bambino, and so on.
Check on social media – You can also check for posts looking for babysitters on sites like NextDoor.com, Facebook, and so on. You can also post on these sites to let people know you are available to work as a babysitter. In the post, you mention your qualifications and availability.
Post-Ads Online
Create Babysitting Flyers – A good babysitting flyer lets the reader know exactly what service you’re offering and what they should expect. Mention any special services that you might offer, such as overnight or weekend babysitting, after school care, or transportation that you provide.
Make Your Website or Babysitting Blog – Creating your website is quite easy nowadays. Include all of the information on your website that you’d normally put on a flyer or other type of advertisement. Remember to include your city and specific details about your services on your site.
Use Newspaper Ads – Your local newspaper is another place to advertise your babysitting business. Newspapers can be a cost-effective way to advertise.
Join A Babysitting Website – There are websites out there specifically devoted to helping match up babysitters with families that are looking for them.
Partner With A Local Daycare – You can check with a local daycare in your area to see if they’d be willing to refer some of their clients to you.
How to Be a Good Babysitter
Being a good babysitter takes a lot of work, care, and ingenuity. You need to know the rules, how to keep the child entertained, and what to do when an emergency arises.
Understand your comfort level
Keep an open line of communication
Be prepared for everything
Be well-informed
Be organized
Be active and have fun
Reinforce rules and limits
Be watchful
Be open to criticism
Be gentle and caring
Be flexible
How to Set Prices for Your Child Care Business
Child care is a vital service and demand will only grow as more parents join the workforce. You love children and providing quality care for them is your idea of the perfect business. One aspect that impacts a child care center is the limit to the number of children you can accommodate.
The amount you charge to accommodate each child in your center will be based primarily on five factors:
Overhead
Labor
Supplies
Profit
Maximum Capacity
Setting Prices
When setting prices for your child care business, you’ll need to consider the following; costs, profit, local going-rates, and what the market can afford. Your fees need to be reasonable for your area, affordable for parents, and also fair to you.
For any company to survive in this ecosystem of severe competition, they must have a very strong business model backing their idea or innovation. A business model is often termed as a plan according to which a company operates, it includes target consumers, target areas, price, offers and future scaling. According to a management guru, “a business model is supposed to answer who your customer is, what value you can create/add for the customer and how you can do that at reasonable costs.”.
It also addresses competition in the market, how to gain the trust of customers, how to broaden their market reach and other various factors affecting the business. However, one cannot depend on a single business model to keep his company secure. Therefore, this article will provide you with insights into different types of business models which can be fruitful for an entrepreneur.
A business model is a framework that defines how you generate long-term value in terms of revenue by providing value (products/services) to your customers. It is a company’s core strategy for profitably doing business. Models generally include information like products or services the business plans to sell, target markets, and any anticipated expenses. The two levers of a business model are pricing and costs.
TYPES OF BUSINESS MODELS IN INDIA
DIRECT MODEL
Direct Model | Business Model in India
This type of business model includes, a seller directly selling to the consumer through different online portals or through dealers or middlemen. These middlemen are connected directly to the seller company and these dealers represent the company to the customers. For eg: the car dealers, each and every car company have a dealer and the customer buys a car and its accessories from that dealer if a customer encounters any problem he directly contacts the dealer and the dealer passes on the information to the company.
Another example is of selling smartphones through the online portal, where an interested customer can directly buy or pre-book the device. E-commerce giants are becoming exclusive dealers for various electronic & fashion commodities and a major chunk of their revenue is generated from this. The dealer settles for the commission on sales and the rest of the revenue goes to the supplier. The biggest impact this type of business model creates is, it leads people into entrepreneurship and results in increasing employment.
When a successful business forays into different parts of the world, it franchises itself i.e. a person buys the organisational business strategy of that company. By doing this the franchisor (a company providing its franchise) is able to expand itself into new geographical locations with ease without worrying about the capital. In return, the franchise (a person who takes up the franchise) is able to replicate all its prevalent strategies, business model, commodities, and brand.
The franchisee pays a royalty and licensing fee to the parent company and keeps the rest of the revenue for itself. This helps to attract the public in different areas. Sometimes the items being provided might change depending on the franchises geographical locations. The biggest advantage is that it helps in maintaining uniformity and leads to evolving the brand’s name.
The most suitable example from the business world is of Mcdonalds which has been able to scale itself and maintain its brand name through various franchises in various parts of the world. The menu might change from place to place but the hygiene, service, employee behaviour is consistent. However, this type of business model is a win-win model for both the end.
This is one of the newest and popular successful business models in India of recent times. Many successful unicorns are based on this business model. This model connects users with providers through a platform, using technology and analytics. It basically brings uniformity in payments, service, front-end technology and back-end technology.
A user can book the service through an app or website and the fulfiller (one who provides and fulfills your demand of service) accepts his request, fulfills his demand and accepts payment through listed portals. Ola and Oyo are the best examples of such type of model. The reason behind the success is uniformity of service, safety, good customer care and simultaneously boosting up micro-entrepreneurship.
These different type of business model is visible in OTT (Over the top) providers, where a customer can watch a few entertainment programs for free and have to pay for some exclusive programs. Freemium is derived from the word Free+Premium i.e. some services are for free whereas some are not. This type of business model is helpful in attracting customers to one platform to make them habituated to its environment.
The revenue model mostly consists of advertisements. Hotstar and Byju’s are one of the best examples, Hotstar provides few shows, channels and sports for free but to unlock other shows and movies which are exclusive they have to upgrade to their premium program. Same is the case with Byju’s learning app, where students can avail a few tests and video lectures for free but have to upgrade their membership in order to access other study materials.
This model is a superset of another business model which is subscription-based. Subscription-based mainly involves individuals paying up for entire service without any selected free shows. These type of services lure customers by providing a free fifteen or thirty day trial period. The revenue stream is the amount customers have paid to avail that service and the subscription fee varies depending on the duration. Amazon prime video and Netflix suite best into this business model. These sites keep on upgrading themselves by providing fresh content from different vernacular and international languages.
This business model is one of the best business models in India consists of one company itself setting up different branches. This includes huge investments in real estate and products being sold through it. The advantage being, the company if successful is able to keep all the profits and revenue to itself. Also, it will be able to try a new service or product with ease along within preventing the dilution of the brand’s image and name. At the same time disadvantage being, initially, it will be tough to earn profits as most of the money has been utilized in the capital for setting up a new store. D-mart held by Avenue supermarts is a successful example for such type of business models.
Finally, various business model types or types of business models for startups are implemented by startups and companies, they differ in different regions. Talking about India, each and every company invests and builds its Indian business model with a sole aim of earning huge profits in long term. A business model if successful for one company in a specific domain does not guarantee the same success ratio for another player of that domain. So, keep in mind your vision, money, competition along with employee benefits while making a business model.
A business model should answer important questions about your business and set out a strong vision for the business. The key components of a business model should include relating to your target customers, the market, organisation strengths and challenges, essential elements of the product, and how it will be sold.
What is a business model strategy?
A business model is a system that consists of cycles of activity which fulfil the mission and goals of the company. It is the expression of a high-level strategy. It can be expressed very simply by a term such as.
A Virtual Assistant provides support services from a remote location. This means you will offer clients services on a day to day basis, as a contractor or as a self-employed. The job scope of a virtual assistant varies from one business to another. Small business owners, solopreneurs, busy professionals, and bloggers all use virtual assistants. A virtual assistant is anyone who offers services to other business owners in exchange for upon fee. After become a virtual assistant you have a happy life, a business that gives you money but also… time for yourself to do what you want.
Some traits that a virtual assistant must include:
Patience
Honesty
Discretion
Personable
Professional
Organized
Virtual Assistant
Virtual assistants consist of individuals as well as companies who work remotely as an independent professional, providing a wide range of products and services both to businesses as well as customers. Clients pay for 100% productive work and can work with virtual assistants.
Services provided by a Virtual Assistant:
Customer support
Community management and moderation
Project management
Processing online orders and refunds
Website design
WordPress maintenance
Graphic design and layout
Calendar management and travel arrangements
Social media management
Editing videos
Lead generation
Content creation for blogs and ghostwriting
Editing proofreading
Transcription
Content research
Keyword research
Performing outreach
Managing product launches
Creating sales pages
Data entry
Email management
Bookkeeping
Steps to Become a Virtual Assistant
Choose Your Business Structure
According to Small Business Law, there are different ways of starting a business. Which one of the small business structures are right for your Virtual Assistant business is an important part. You will consider the following points before starting a business:
Your physical location of the business
The types of clients you will be working with
The type of Virtual Assistant work you will be doing
Your risk tolerance
The different business structures available in your area
After considering these points you must decide on one of the small business structures. The small business structures you choose will depend on the nature and size of your business and should suit your needs.
The types of small business structure are as follows:
Sole trader or sole proprietor – A sole trader or sole proprietorship means one person owns the business. A sole trader does not have to register the business.
Partnership – A partnership is a business that has between 2 and 20 partners. The partners own the business together. If two or more people want to start a partnership, they should sign a written agreement. The agreement will contain three things: (i) what happens to the assets of the business if the partnership ends,(ii) how the partners will share the profits, (iii) what happens if one of the partners wants to leave the partnership
Company – Companies have to obey all the rules of the Companies Act, which is a long and complicated law. A company has shareholders and directors. Shareholders can be people or other companies. Shareholders put the money into the business and are the owners of the business. Directors are the managers of the business.
You should consider those services where your skill and area of interest matches. Then you gather your knowledge and find those services on the web. After you become expertise in those services if possible try to learn your services. By doing this you will get more clients and become an expert. The more specialized your services and the more experience you have, the more you can charge.
Decide on Your Pricing Structure
After focus on services you will give attention to the pricing strategy of your services. Also keep in mind that from the point of view of business owners, there are perks to hiring a freelance virtual assistant instead of a part or full-time employee.
Types of pricing types:
Hourly rate pricing – Hourly rate pricing is where you set a particular hourly price for your services, keep track of your time, and bill your client after the work has been completed.
Project-based packages – A Project-Based Package can be used when a client has a one-time project to complete, and you will charge them a flat rate fee for the project.
Retainer packages – A retainer is a monthly package for those who need reoccurring help in their business.
Usable hours packages – With this type of pricing method, your client will pay for a certain amount of hours, to be used at their discretion.
Advertisement for Virtual Assistant Services
Business owners have realized that social media are a great way of starting advertisement. Virtual assisting and social media management are growing bigger every day as a legitimate way to make money online. To find clients, social media marketing alone is not enough. The first step is doing some keyword research. This helps you develop a list of the words, phrases, questions, and topics your clients are thinking and asking about so that you can use them in your marketing.
The various ways of advertisement:
Have a well-designed website
Offer educational media opportunities like YouTube videos, Google chats Facebook live sessions, live webinars, and podcasts.
Blog about online business and your own experiences as a business owner
Advertise — online and offline
Create your freelance service site
Make connections on LinkedIn
Let others know about your services on social media
We all know that during the app development process, functionality and user experience are usually heavily emphasized. Sadly, people often forget about the importance of having a high performing admin panel. Now, the complexity of an admin panel depends on the scale of your business. For example, if you’re curious about how to build an admin panel for scooter sharing app, you can do so by following the link.
But first off, let’s figure out what is an admin panel and why it is so important.
Admin Panel
What Is An Admin Panel?
First off, an admin panel represents the interface where administrators can control the app. Think about it like the backside of a shop. That’s where the management and deposit is. Regular users are not allowed to enter this area, yet that’s the place where new content is brought in and the managers decide what goes where. The same goes for an app and its admin panel.
So why is it so important? Well, just like with a shop, the app can’t function properly without an admin panel. You can’t add content, neither update it.
Now that we explained what exactly is an admin panel and why you need it, let’s take a look at how to actually build one.
Ask Yourself A Few Questions
An admin panel must be catered specifically to you and your businesses’ needs. In short, there’s no one size fits all admin panel. With that being said, you firstly need to figure out how complex will your admin panel be. There’s no reason to blow your budget on it if you’re only going to use it for basic stuff.
Ask yourself a few questions. Such as: How often do you think you’ll add, or update content? Do you only need it for managing content, or do you want it to collect statistics as well? Will users be able to post their own content in the app? Or will they need to create an account in order to use the app? If yes, why?
Based on what your answers are, you will be able to determine your budget. Whether the admin panel is going to be something simple, or more complex.
Now, if you only need your admin panel to perform just a few basic functions, such as adding/removing/updating content then there’s no need to spend a lot of time or money on it. With that being said, you just need a few basic features.
Think about user management features, where you’ll be able to create groups, and add or remove users. Or, how about content management? People have to be able to create, read, update, or remove their content. Don’t forget to create a payment system, and with that, you’re pretty much done.
Now, if you’re business needs something more complex, such as an e-commerce app or website design you need to extend a budget a bit. For example, you’ll need a feature that lets you view info about your customers, such as the status of their orders
Not only that, but you’ll also need to have an order and invoice management system well put together. After all, you need to be able to see whether the orders processed, paid, pending, or has failed.
And finally, consider having a feature that lets you see certain stats, such as monthly expenses and what products are sold the most.
When we think about starting a business, one of the main points is to think of an idea of what your business will be based on. If you are thinking, planning, and dreaming to start a business then starting a family business idea will be a smart way to explore your existing talents to create extra income and also helps in a move from a 9 to 5 work schedule. Through this business, you will give support to your family members, you just only need to pick up an idea and move forward to that idea.
There are lots of family business ideas but you need to select among those ideas according to your interest. When you start the business with lower pressure with your family member you need to give time and energy. So starting a family business can be a popular way to make a living. If you’re interested in starting your own family business, take a look at the potential list of family business opportunities below.
List of Popular Family Business Ideas
Child or ElderCare
One small business option to start with your family is the child or elder care business. One benefit of this business is that you can care of them in your place/residence or in the residence of the person whom you are taking care of. You can start this family business by advertising or from your network. This business is now becoming popular because:
Women have to work who have children.
Millennials are planners
Today’s mothers are older and mid-career
The next generation is up in the air
Flexible work options
Care subsidies
Support groups
2.Errand Service
If you need of getting extra cash an easy way to get is to offer to run Errands. As people get older they are not capable of managing daily tasks such as grocery shopping, picking up prescription medicine, and more. That’s why Senior citizens often hire errand runners to do the tasks they no longer can do. Some steps to keep in mind to start this business:
Legal Structure
Name Your Business
Insurance
Gather Supplies
Choose Services
Set Your Prices
Some benefits of this business are following:
More time in your day
More time with family and friends
Reduced stress levels – your health can improve
Less worries
No waiting in lines
More leisure time for yourself
Less wasted time in traffic
Enjoy your lunch hour at work
Less downtime at work
The pleasure of knowing your life is under control
3.Celebration Boxes or Baskets
If you and your family love to craft and want to make money with this skill then this a great idea to start a business. You just need to create gift baskets or celebration boxes for friends and family. In this business, there is no need to rent space for your business. There are various types of boxes you can made:
Off-to-college box
Graduation box
Birthday box
New baby box
Wedding box
Anniversary basket
Proposal box
Housewarming box
With this business any of life’s big moments can be celebrated. And the box will be designed according to the buyer’s preference.
If you like to do an online business with minimal interaction then this business will be great for you.
In this business, you can buy a product from local stores and sell at with higher price in the different marketplace or online marketplaces for a profit. And the items which you purchased sell them on Amazon, eBay, Jet, Walmart.com, Etsy, Craigslist, Facebook Marketplace, Offer Up, Let Go, and many others.
5.Tutoring
Some students need some extra help to ensure that they are excelling in their studies. Then you will need knowledge of the subject which you want to teach. More important required is kindness and patience. In this business timing are flexible. There are many more growths and expansion of this tutoring business as time passes people will know about you then many more students come to you. Some tips which will be very much important to start this:
Determine the subjects and educational level where you can help
Make a list of potential students
Decide how you’re going to provide tutoring services
Gather the tools you’ll need to provide tutoring services
Decide on your pricing and policies
Decide on your business structure
Create a business name
Obtain needed permits and licenses
Write a business plan
Map out a marketing plan
Year-Wise list of no of family businesses run above or below 25 years
6.Gardening or Lawn Care
If you love to spend time outside and love to taking care of plants also have a passion for gardening then starting this business will be very much profitable for you. Many people love to have fresh vegetables in their garden and green, weed-free grass, but simply don’t have the time to maintain either.
In this business, there will be needed some equipment. And you can become the master of your destiny and you can devote much little time from your work schedule to take care of this business. You have very flexible timing whenever it will be possible you can work. You also can enjoy the fresh air, get a good cardiovascular workout, and bulk up your muscles.
The basic types of lawn and landscaping businesses include:
Lawn mowing/maintenance
Sod installation/hydroseeding
Weeding or fertilizer and/or pest control application
As the content writing business increasingly growths online business, companies need a steady supply of fresh content that helps them stand out from the crowd. If you are passionate about decent writing also with a good design then you can use this to showcase your skills to your clients. If you are truly a beginner, your best bet would be to start writing the kinds of articles you’d like to be paid for and posting them on free platforms like Medium. Freelance writing can be very much rewarding and full of fun if you truly show your interest. Your customers will be the editors of your target publications.
You’ll need a computer, a laser printer, a fax machine, and the usual office software. Also besides, you’ll want plenty of reference books, including a dictionary, encyclopedia, and style guides.
8.Gourment Baking
Baking is a hobby that can be a family business with a little bit of patience. You can start this by simply a few recipes and designs and serve them in your local community gradually you can expand this business. There are two main types of bakeries: retail and wholesale. Retail bakeries are the most common type of bakery, and they are the bakeries that sell baked goods and bread directly to customers. The other main type of bakery is wholesale bakeries. Rather than selling their products directly to customers, wholesale bakeries market their baked goods to businesses like grocery stores, restaurants, delis, and cafes. Which you want to choose depends on your interest.
Starting from weddings to many other parties which are part of our daily culture. To plan all the things properly there will be a need for some successful event planner can maintain all the activities. According to Goldblatt’s research, profits in this industry continue to rise.
Promotions (product launches, political rallies, fashion shows)
Commemorations (memorials, civic events)
10.Interior Design Service
If you have a knack for planning spaces and coordinating furnishings and accessories, then this is the field for you. Many specialize in a particular type of design like kitchen design or lighting solutions, and many augment their income by selling decorative products like accessories and furniture. With creativity, imagination, and a good eye for form shape, and color you can become an interior design professional.
Some steps which will be help for starting this design business:
Sweta
