Inventory Service
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes
In spite of the fact that many businesses have a computerized inventory tracking system in place, most businesses still must conduct semiannual or annual inventory counts for tax and inventory shrinkage reasons. This fact creates a fantastic opportunity to capitalize by starting an inventory recording service. The business concept is very basic, and there are specialized handheld electronic recorders that enable the user to rapidly record and document inventory with a business or warehouse. One of the main marketing tools that will be available to you in terms of persuading potential clients to utilize the inventory service is simply the fact that in most cases the inventory counting can be conducted at night. Not disturbing the business or having to pay employees overtime wage rates to conduct the counts, not to mention the fact of accuracy in counting and recording methods, make this attractive to businesses.
Inventory Service Ideas
Notary Public
Be the go-to person when others need forms notarized.
Management Consulting and Training
Help other entrepreneurs train top-notch management.
Personal Assistant
Busy executives and business owners can use your help with everything from answering phones to purchasing gifts.
More from Business Ideas
7 Practical Tips for Running Multiple Businesses Successfully
Thinking of starting additional businesses alongside your existing ventures? Learn some practical tips for successfully juggling multiple companies from this insightful blog post.
This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention
In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.
These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'
Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."