Two great home business ideas that seem to be gaining popularity these days are the flower decorating business and the balloon bouquet business. Because both businesses are easy to start, require very little investment, and offer a great outlet for creativity; are great business ideas if you like to work from home.
People love floral decorations in all shapes and sizes. Whether it’s a small, tastefully handcrafted bouquet or a large floral decoration that covers a section of a room, flowers inspire wonder and admiration.
Not to be outdone, balloons these days are increasingly finding a market as decorative items. Again, just like flowers, balloons can be put together like bouquets or twisted into different kinds of shapes and designs. And just like flowers, you can use twisted balloons to line an arch, column, or pillar. The effect is equally dazzling and vibrant.
Since both flowers and balloons come in different colors and can be assembled in many different ways, they are perfect for decoration and gifts. And also because they are widely used for all kinds of functions and events, these two businesses offer limitless potential for growth and expansion.
So if you have been searching for a home business venture that is fun and easy to start, you should consider starting a flower decorating business or balloon bouquet business.
Start-up costs of setting up a business
Start-up costs and initial investment in both businesses are subject to the following:
supplies/equipment,
transport,
licenses/permits,
Area of operation (housing or commercial unit)
working capital/operating costs
Marketing and advertising costs.
Obviously, a home business will work out cheaper as you don’t have to worry about high rents or leasing investment.
plan your business
Once you have decided to start a business, there are a few things to consider.
Create a business plan for your business – A business without a business plan is like a ship without a rudder. If you want to be successful, a certain amount of basic planning is required. A business plan offers you the following advantages:
Helps you identify your target audience/market
Summarizes your company’s capital and investment needs
Helps you develop a business system (administrative, financial and management aspects)
It is vital for both growth and future development.
Gives you an idea of how you can market your business