Wednesday, May 8, 2024

Business Proposals 2022

Car Wash

A vehicle is one of the biggest purchases an individual or business will make, both those groups tend to care greatly about the presentation of those vehicles, and thus car washing services are always in sought out.

This type of business can be set up quickly and easily by agreeing with a local supermarket/ petrol station, to operate a car washing service on their forecourt or car park. You only need access to water, labour and some cleaning supplies (you’ll need to decide whether your cleaning interiors, exteriors or both). A basic car wash is a relatively low cost with cleaning fees per car varying between £5-15 on average; thus, this business lends itself to volume.

The key to success in the car wash business is time efficiency, in essence, how quickly can you wash a car and get onto the next customer (as labour/time is your primary cost). In terms of marketing, car washes are all about location – you need to make sure you’re located in a high trafficked area where vehicles stop.

You can also promote you service using whiteboard animation videos. For making videos you can use simple whiteboard animation softwares like DoodleMaker or Doodly along with voiceover using speech to text softwares.

If you are successful and are looking to scale while decreasing the cost, you can invest in an automated drive-through car wash (this will greatly reduce your labour needs) (this will greatly reduce your labour needs).

 

Open A Business

If you have a sizable clientele and have proven yourself to be a capable freelancer, it might be time to consider establishing an agency.

A company with multiple employees that can offer a variety of services to customers is known as an agency. Typically, agencies specialise in web/app development, SEO, sponsored search, design, public relations, and recruitment.

A team, a formal business structure like a limited company, a clear brand and set of values, a website, and management structures and systems are all necessary to launch an agency. This is true even if your team works remotely.

With an agency business model, you may grow from one freelancer to a whole team that can serve a far wider range of clients across several industries. While typical freelancer networks can be used to get work, the real money comes from long-term recurring clients and contracts because there is significant competition among agencies for business in most fields (small and large businesses). You must invest in focused direct marketing, including email marketing, and have a strong pipeline and CRM in place in order to contact these customers (to gain and manage clients effectively).

 

Debt Collector

In the UK, average household debt is over £59,000, while average small business debt is over £30,000. While a large part of these debts are serviced (i.e., interest and repayments are made as agreed), many debtors fall short of payback obligations. The lender would often request to bring in the debt collectors at this point if the debtor is unreachable or unable to resolve payment of the obligation.

Debt collectors’ job is to get the money back from the borrower that is owed to the lender. The ultimate outcome of this is that the debtor will then pay the debt collectors in full; but, if the debtor is unable to pay in full at once, it may also involve agreeing to and implementing a payment plan. In some circumstances, assets may be sized if the debtor is unable to pay, provided the debt collectors provide the necessary documentation (such as a county court judgement).

The standard payment method for debt collectors is a flat service fee or a percentage of the amount collected (sometimes a mix of both payment types). You must have a fundamental understanding of the law and strong people and communication skills in order to launch a debt collection service (also some safety gear is advisable). If you want to use an established company’s business plan, name, and infrastructure, debt collection firms are another well-liked franchise niche.

It’s not for the faint of heart, but debt collecting may be a very profitable small business idea. However, there is a safety/danger factor to take into consideration. It’s usual for debt collectors to receive verbal and physical threats from debtors who are unable to pay or don’t want to pay.

 

Bed and Breakfast

Why not convert your family home into a bed and breakfast after the kids have moved out? It has never been easier to set up a room or rooms in your private home for usage and provide breakfast thanks to the explosion of sites like Airbnb.

By default, you’ll need to own a property in order to begin expanding your bed and breakfast business. Additionally, you must obtain the necessary insurance and list your property on third-party websites like Airbnb and Booking.com (giving you exposure and taking care of initial marketing).

When listing your home, pay close attention to the images to make sure they’re expert, bright, and airy (some platforms will do this for you), and make sure to be welcoming and as detailed of the lodging as you can. You should prepare a welcome package with all the necessary information (such as WiFi codes and fire exits) and establish clear guidelines for check-in and check-out hours.

The next step is to decide how much you’re going to charge. To do this, look at other nearby rental properties that are comparable to yours, determine the average rent, and first set your price as low as possible (this is to drive people to stay at your place so that you can build positive reviews). Once you have a sufficient number of favourable evaluations, you can begin to raise prices to or above the industry standard.

You can rent your room(s) through your website if you’d prefer not to pay the fees charged by third-party platforms for their services (with this option customers might find it difficult to find you without some significant upfront marketing investment).

 

 

 

 

 

 

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