If you are aspiring to start a small business, one of the first things that would come to your mind is what business to do, how much investment will be required and what would be the skills that should be learnt. In these uncertain days of layoffs and panic, it is good to have a backup plan in life, so that one can remain unaffected. Taking the first two points into consideration, I have put together a collection of small business ideas, some of which can be started from home and most requiring low investment. This list also makes sure that one need not have a formal degree or education to get started; most of these skills can be learnt quickly. Thus everyone can use their capability & talent to start one, without worrying about having to spend a couple of years of their life in college and spending the next decade paying education loans.
Senior care services;
In many countries the concept of joint families still exists. Sons usually stay with their parents after getting married. Sometimes such a situation arises where they would need to stay in a different country or state for working and might not be able to take their parent along with them because of factors like availability of passport, cost factor and climate. While some of them turn to relatives to take care of their parents and other elderly persons in the house, not everyone has that luxury. Hence the senior care services come as a boon to the travelling employee. It involves setting up a homely atmosphere for elderly people, having all the amenities from medicine to food to entertainment. If one has a spacious house or apartment, they might want to start such a center. The charges can be collected on a monthly basis from the customer (either the senior persons themselves or their sons or daughters). One also needs a couple of employees for managing the house, taking care of the senior people, giving them medicines if required and keep them happy. This business also gives repeat income every month and can also be expanded to other parts of the city if the demand is more. Since the absolute investment required can vary depending on the country, only a list of things to be bought and list of expenditure is given below. Using this list you can arrive at an approximate start-up capital required and the monthly list of expenditures.
- House or flat or apartment (can be rented)
- Beds, cots, furnishing
- Kitchen items required for cooking for many people
- Money for advertising in newspapers and on the internet
- A cook or chef
- A few employees for cleaning the house, running errands etc.