Most large modern intensive farms include innovation in agricultural machinery and farming methods, genetic technology, techniques for achieving economies of scale in production, the creation of new markets for consumption, the application of patent protection to genetic information, and global trade. What’s more is that once you’re up to speed in this business, your costs can stay relatively low if you know where to source your flowers, and typical margins are in the neighborhood of 300% (or more) on cut flowers which makes this a particularly profitable side business idea in the right geographic area.
Choosing to work for a tutoring company first will likely keep you more stocked up with clients, thus reducing some risk.. at the same time, you can drum up tutoring clients on your own (not through the company), but be careful with the specifics of your contract with the tutoring company because there are usually clauses that specify not setting up a competing business.
Businesses of all sizes are in constant need of bringing in more customers, which is where you come in. Start by pitching some of these small business marketing ideas by Brian Downard and you’ll be sure to impress the first set of clients you begin working with in your area.
Thanks for the swift response, yeah from the pros and cons it would seem that given my financial position having just graduated, the most viable business idea at this current moment would have to be the tutoring business due to minimal costs required, i will keep you updated hopefully as i conduct further market research into the tutoring market everything will become clearer.
Once you have confirmed there is a market for your business idea, follow along with this step-by-step small business startup guide to work on each of the remaining steps in the small business startup process, and you’ll be on your way to starting a new business in no time.