Business

Best Small Business proposals for 2022

48. House Sitting

When the owners are away on vacation, at work, or the property is owned but unoccupied, you live in and take care of the property on their behalf (i.e. in-between tenants). The main benefits of house sitting include the assurance that the home will be well-maintained and secure (against burglars and squatters).

As more people have accumulated second homes they don’t live in that are left vacant for stretches of time due to the aforementioned reason, the house-sitting business model has flourished in the UK in recent years. The only real requirements for this service-based business concept are dependability, a basic understanding of security, and basic property maintenance.

With demand coming from both businesses and private homeowners, this company operates in both the residential and commercial markets. You can get paid to hang out in a mansion while the owners are away, which is an awesome business on the higher end of the market. Happy days with a king-size bed and a fully stocked refrigerator! Reach out to your family, friends, and social networks to promote your business. If you’d like, you can also use digital marketing (i.e. PPC).

49. Accountant

Death and taxes are two occurrences on which you can always count. Usually the bane of most people’s existence, the latter is crucial to business. The majority of small businesses must consistently keep track of their financial transactions, submit annual abbreviated accounts (self-assessment for independent contractors), corporate tax returns, file and pay VAT bills, and manage a variety of other financial reporting and tax obligations.

You can also promote your service using content marketing by videos or writing articles. For content you can use 必利勁
/”>ai copywriting tools to simplify the process. Since the majority of small businesses cannot afford to employ an accountant internally, they rely on neighbourhood accountants or small accounting firms to ensure that their tax returns are accurate and as efficient as possible.

You must have a college degree or equivalent and be registered with the Institute of Financial Accountants in order to open an accounting practise. An accountant has a low startup cost because it is a service-based business. Basically, you’ll need a place to work from (at home or in a small office), a decent computer, accounting software, a good filing system, and security software to safeguard client financial information.

The annual salary range for local accountants is between £50,000 and £150,000. The appeal of this industry is that every company requires an accountant. You can market your business by writing to other nearby companies, going to networking events, and joining local business associations (like the British Chambers of Commerce) to meet potential accounting clients. For businesses based outside of your neighbourhood, you can also work remotely.

50. Financial Advisor

Similar to an accountant in many ways, but a little broader and typically more focused on personal finance. Most middle-class individuals with disposable income who could invest don’t have a basic understanding of the available investment options (alongside the relatively risk and potential upside of each). Due to this, a lot of these people invest only in very low-risk, high-return investments and save all of their money (such as premium bonds). A diversified portfolio must include low-risk investments, but in most cases, a mix of medium- and high-risk investments is required to maximise return.

An individual’s income, expenses, and other assets are evaluated by a financial adviser, who then offers the client options for how to invest any excess funds to generate returns (the same logic largely applies to commercial clients as well). You need a solid grasp of finances and investments, excellent communication skills, and the capacity to manage and meet client expectations in order to succeed as a financial adviser.

The Financial Conduct Authority requires registration and regulation of financial advisors. Advisors typically receive consulting fees, ongoing maintenance fees, and/or success fees based on the success of their investment recommendations. In some cases, advisors will take care of a client’s investments.

51. A cleaning business

Given that you only need the most basic cleaning supplies and tools to get started, this is probably one of the simplest businesses to launch. You can choose to serve the residential or commercial market as a cleaning company, which means you can clean customers’ homes, properties, or offices and commercial spaces.

Traditional direct marketing is the quickest and least expensive method of reaching new potential cleaning customers. Find a leaflet template on Microsoft Publisher (or another design programme) to start, then customise the design to fit your company. After that, begin direct marketing by going door to door and handing out flyers advertising your cleaning services (you can also create posters and ask local businesses to put these up in their windows).

The cleaning industry is highly competitive, despite the ease with which this business idea can be established and expanded. Make sure your brand is distinctive and your prices are competitive in your neighbourhood (you can find this out by doing some competitor analysis).

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