Entrepreneurship in a small town has its own specifics, due to economic and demographic indicators. Before choosing which business to do, evaluate all the advantages and disadvantages of your idea. The advantage is a small initial investment. You can save on rent and advertising.
Are you good at sewing or knitting? Atelier at home will not require additional costs , because you probably have all the necessary equipment. Your primary task is to attract customers (the Internet will help you). And when their flow becomes such that you have to hire workers, you can think about expanding your business.
Repair of household appliances
A master of all trades, well versed in technology, opens up great prospects for organizing his business. Household appliances are no longer durable items. And the financial crisis made it impossible for people to change their iron, blender or coffee machine every year. Therefore, the need for craftsmen to repair small and large household appliances is growing, and few people want to do this. Such a business does not require large investments. You will need tools and equipment for diagnosis. Spare parts are purchased as needed . The initial investment will not exceed 225 dollars, including advertising costs. On average, repair of household appliances costs about 15 dollars. If you make at least 20 orders per month, your investment will pay off in the first 30 days.
CBD in Canada
If you want to explore small cities of Canada, then CBD could be a perfect fit. Start with CBD products that are based on edibles or even concentrates. You can even create an online store and offer city residents to buy weed for your website.
Even in small towns, work takes up most of the time for people. Sometimes they do not go on vacation for years due to lack of money for long-distance trips. For such people, leisure services will be very useful. Entertainment can be very different – a weekend in a country boarding house in good company, a trip to a stud farm for horseback riding in the picturesque surroundings, fishing, extreme sports and much more. It all depends on what is interesting and unusual in your area. Out-of-town restaurant owners, farmers, sports organizers will welcome new customers, and you will receive payment from customers and your legitimate commissions. If you focus on sightseeing holidays, you will have to invest in renting a good, comfortable bus and guide services. One-time investments in the amount of 12 thousand dollars will also be needed for renting premises, registration, route development, office equipment and advertising. Profit depends on the number of tourists . On average, a business pays off in 7-9 months.
Auto repair shop
It is easier to open your auto repair business in a small city than in a metropolis – the labor force is cheaper, rent is more affordable and the competition is not as fierce. By the way, the number of such informal car services, in recent years, has been growing not only in small towns. If earlier people changed the car immediately after the end of the warranty period , now the car is operated for as long as it can withstand. Car service is not easy, but profitable. True, it requires significant initial investment in the purchase of modern equipment. The influx of customers and their loyalty will depend on the quality of the work performed and the fees for services. In order not to immediately invest millions in the business, you can start small – wheel balancing, car wash or other minor repairs, gradually expanding the range of services.