Two great home based business ideas that seem to growing in popularity these days are the flower decoration business and the balloon bouquets business. Because both these ventures are easy to start, need very little investment and offer a great outlet for creativity; they are great business ideas if you like working from home.
People love floral decorations in all forms and sizes. Whether it is a small hand bouquet tastefully put together or a grand floral decoration that covers a section of a room, flowers command awe and admiration.
Not to be left behind, balloons these days are increasingly finding a market as decorative items. Again just as flowers, balloons can be put together as bouquets or they can be twisted into different kinds of shapes and designs. And just like flowers, you can use twisted balloons to line an arch or a column or a pillar. The effect is equally dazzling and vibrant.
Since both flowers and balloons come in different colors, and can be assembled in so many different ways they are perfect for decoration and gifts. And also because they are used extensively for all kinds of functions and at events, both these businesses offer unlimited potential for growth and expansion.
So if you have been on the lookout for a home business venture that is both fun and easy to start you should consider starting a flower decoration business or a balloon bouquets business.
Startup costs of setting up a business
Start up costs and initial investment in both businesses is subject to the following:
· Area of operation (home or retail unit)
· working capital/operational costs
· Marketing and advertising costs.
A home business will obviously work out cheaper since you don’t have to worry about high rents or lease investment.
Plan your business
Once you have made up your mind about starting a business there are a few things that you should consider.
Create a business plan for your business – a business without a business plan is a like a rudderless ship. If you want to succeed, some amount of basic planning is required. A business plan offers you the following advantages:
· Helps you in identifying your audience/ target market
· Outlines your business capital and investment needs
· Helps you to develop a system of business (administrative, financial and management aspects)
· It is vital to both future growth and development.
· Gives you an insight on how you can market your business