Having been involved in the private business sector for many years, I have enjoyed the independence that it gives you rather than working for someone else. To start a business is simple, it takes just a dream or a concept to meet a market that no one else is adequately providing.
Although, I am trying to eliminate my responsibilities as a business owner, I look around and there are so many opportunities just waiting to be discovered. For instance, just 10 - 15 years ago who would have ever thought that the consumer would be willing to shell out $3.50 to $5.00 for a cup of specialty coffee.
Recently, I came up with a concept that I feel deserves merit for consideration. A business that can be established with minimum cash reserves and limited space. A converted garage could even be utilized dependent on your location. The market potential is non expiring and something that is needed in every location. With very little effort, this particular business could be developed into a franchise.
The market is the most important factor. The most important and valuable item that a family has is their children. As the parents get older, their children leave home and at some point in their lives they adopt pets. This is always a problem, especially if the retired couple have any desire to travel. The age old question, what do we do with the pets?
Any working couple will tell you how expensive day care is and if you have ever boarded a dog at a kennel, you also know the cost involved with this. The concept is a multi-purpose business catering to both day care for children and the kenneling of dogs, cats or other small animals. They are compatible and based on the size of your business, one person could easily care for a combined quantity of 20 - 30 occupants per day at $25.00 per eight hours for each boarding participant. A daily gross of $750.00 per eight hour day could be achieved. On a monthly basis, the gross would come in at $22,500.00 per month or at 25% operating costs, a net of $16,875.00 per month. This is based solely on an 8 hour day. When was the last time you found a baby sitter that would care for your child for eight hours at $3.13 per hour?
How does one person care for 30 children, dogs and cats by themselves, that is the beauty of this business plan. You install a large screen television so you can watch your favorite shows or a computer so you can do your daily blogging, knowing that those you are responsible for are safe, secure and in a clean environment.
-22°F in Deadhorse, AK
8 years ago