Starting a cash business can open the door to entrepreneurship. These ideas are simple to run and typically do not have a large overhead. Here are 10 different forms of cash businesses you could start right now, with No.10 being my personal favorite.
1. Delivery Service
This is a great option to earn some extra cash for yourself. You can transport meals, groceries, or other products to local companies or private citizens via numerous companies.
A dependable car and smartphone are all you need to get rolling. And you can earn a decent salary with the correct company idea.
2. Landscape Business
If you enjoy working outdoors this could be for you. You can launch your own business and provide services like general maintenance, landscaping, and lawn care.
You’ll need a truck or van, some fundamental gardening equipment, and minimal marketing supplies to get started. Your smartphone can do all the work locally via key social media sites.
3. Mobile Retailer
Being a mobile merchant is an awesome way to make money while out and about. You can put up a booth and sell your products to passersby at neighborhood festivals, malls, and public places. Maybe you could open a mobile health food store. For those with strong sales and marketing skills, this is a great business strategy.
4. Tour Guide Business
Starting a tour guide business requires having a solid understanding of the history and culture of the area in which you will be operating. This revolves around entertaining and educating a group of people about the location. People who reside in a tourism area and are skilled communicators could start a business like this with a great name and a fun personality.
5. Tutoring Business
If you enjoy coaching and teaching others; making that into a scalable business is the next logical step. Turning a passion into a business is a positive approach to success.
Another benefit is low starting / overhead costs, especially if you don’t need to work out of an office. Additionally, most of the books and materials students will already be in their possession. If you stick with online coaching, your outgoings like travel would be even lower.
6. Pet Grooming Business
Starting a pet care business now is exciting because the sector is booming year to year. More money than ever is being spent by Americans on their dogs, with $99 billion anticipated to be spent this year alone.
Working with animals and earning money are both possible through pet grooming. Pet owners in your neighborhood can hire you to groom their animals while they relax in their own homes.
7. Food Truck Business
Even though they might not have the funds, food enthusiasts with an entrepreneurial itch could start a food truck business instead of a traditional brick-and-mortar restaurant. Quite a few food truck businesses have been successful and seen on SharkTank.
Normally a van with a kitchen to prepare and serve food is called a food truck. They are spreading like wildfire across America and are rising in popularity. Since acquiring a restaurant space is very expensive, many business owners choose to operate a food truck instead.
A food truck’s purchase, a point-of-sale (POS) system, a truck wrap, a website, office supplies, advertising, some good PR, as well as any legal, or consulting fees, are examples of one-time startup expenditures. This list, while not everything, can provide prospective food truck entrepreneurs with an idea of some initial costs.
8. Vending Machines
The vending machine business is still mainly a cash-only business and it’s projected to reach $8 billion by 2025. People still need on-the-go-type snacks and the drink business is growing every year. Vending machines selling items other than food are also quickly becoming popular. CBD products are one fast-growing category to consider.
9. Pet Sitting Services
Why not offer pet-sitting services if you love animals? When your neighbors are on vacation or just out of town, you can watch their dogs. All you need to get started are some business cards and a client list.
10. Personal Assistant
If you can figure out how to capitalize on people’s idleness and assist them with chores they either do not have time for or don’t want to do – this could be the perfect job! How To Become a Celebrity Assistant in 6 Steps.
Personal assistants taking care of people’s requirements, buying gifts, and delivering groceries. You can profit from satisfying their needs just by providing an errand service.
Are Cash-Only Businesses Profitable?
If a cash-only business can receive consistent payments from returning clients, it can be lucrative. Businesses that accept cash might also profit from having a devoted clientele that is prepared to make frequent purchases from them.