Running a home-based business that fuels your passion is one way to increase your chances of success.
Given the high failure rate of home-based businesses, doing what you love and doing it well will set you on the right path to success including profitability, self-satisfaction and the sense of doing good in your community.
One great home-business idea is party catering for kids.
If you love dealing with kids, making them happy and also have a great knack for organizing then this could be one area to look into.
Of course you will have to do your own investigations regarding zoning laws as they affect home-based businesses, licenses and that type of statutory requirement.
With that out of the way, your next step is to decide how best to organize this type of business.
Key questions to consider would be: * What level of catering would you be doing - are you going to limit yourself to meals, entertainment and other party goodies? Or are you going to go the whole way with venue, food, accessories, party favors, et cetera? * Do you have proper contacts with suppliers and if not how are you going to go about making these contacts and what arrangements would be best for your business? * What age group would you be catering to, and given certain age groups what special arrangements will be needed.
For example, would you be prepared to cater to a party for a bunch of 3-year olds that may not all be potty trained? And if yes, what would you need to have in place to ensure that the situation does not become chaotic? * How would you market your services? Would it be possible to link up with one of the big box children stores and offer them exclusive discount coupons to give to their customers? Taking this approach could significantly reduce your marketing costs but you would have to really convince each of the stores willing to listen to you that you are serious about this business and show how it is also a plus for them, especially if you are into particular party themes.
Catering to parties for kids is certainly a great home-based business idea worth looking into given the seemingly attractiveness of the market.
Of course a market research would be in order before making any final decisions.
But this idea for a home business of itself seems very attractive and suited for one who loves interacting with small children and providing an abundance of fun for them.
Given the high failure rate of home-based businesses, doing what you love and doing it well will set you on the right path to success including profitability, self-satisfaction and the sense of doing good in your community.
One great home-business idea is party catering for kids.
If you love dealing with kids, making them happy and also have a great knack for organizing then this could be one area to look into.
Of course you will have to do your own investigations regarding zoning laws as they affect home-based businesses, licenses and that type of statutory requirement.
With that out of the way, your next step is to decide how best to organize this type of business.
Key questions to consider would be: * What level of catering would you be doing - are you going to limit yourself to meals, entertainment and other party goodies? Or are you going to go the whole way with venue, food, accessories, party favors, et cetera? * Do you have proper contacts with suppliers and if not how are you going to go about making these contacts and what arrangements would be best for your business? * What age group would you be catering to, and given certain age groups what special arrangements will be needed.
For example, would you be prepared to cater to a party for a bunch of 3-year olds that may not all be potty trained? And if yes, what would you need to have in place to ensure that the situation does not become chaotic? * How would you market your services? Would it be possible to link up with one of the big box children stores and offer them exclusive discount coupons to give to their customers? Taking this approach could significantly reduce your marketing costs but you would have to really convince each of the stores willing to listen to you that you are serious about this business and show how it is also a plus for them, especially if you are into particular party themes.
Catering to parties for kids is certainly a great home-based business idea worth looking into given the seemingly attractiveness of the market.
Of course a market research would be in order before making any final decisions.
But this idea for a home business of itself seems very attractive and suited for one who loves interacting with small children and providing an abundance of fun for them.