Good Small Business Ideas For Instant Cash
The landscape of potential opportunities for budding entrepreneurs is loaded with good small business ideas, but not all of them can produce instant positive cash flow. In fact, many kinds of businesses and services often take months or even years before they start turning a profit. For people with large cash reserves this isn’t so problematic, but what about the entrepreneur who isn’t so fortunate and needs to start making money right away? The good news is that there are plenty of ideas for a person in this position, and I’ll detail a few.
I can think of no other type of service that can more quickly deliver instant positive cash flow than the ever-reliable lawn care and landscaping business. If you have a lawn mower, a trimmer, and a broom then you’re ready to start earning cash on day one. There is no shortage of homeowners who need this service every single year, no matter how bad the economy is. Many people simply do not have the time or desire to maintain their yard, and will gladly part with $25-$50 a week to let someone else worry about it. You can start this in your own neighborhood by going door to door and striking up conversations with neighbors. If you do quality work and price fairly word will spread more rapidly than you could possibly imagine, and the long-term growth potential is nearly limitless. The best part is that you’d be putting money in the bank from the very first day.
Another good idea for generating near-instant income would be to start a house painting service. Now, this one isn’t for everybody because you have to have a patient personality to put up with demanding homeowners, and you absolutely must have a steady hand in order to deliver quality work. That said, the potential for quick money with this idea is really big. Your upfront costs would be relatively cheap as you’d only need to purchase brushes, rollers, and drop cloths, and this would only help in your ability to take home a lot of cash on a daily or weekly basis. It is not uncommon for small-time house painters to earn $50,000 or more every year, and the best part is that they can begin to bring in substantial earnings immediately.
There are literally hundreds of other good ideas for small business available that have the potential for almost instant earnings. It’s really just a matter of finding something that you’re already skilled at and can tolerate doing for the long run. Though these businesses spit off significant cash in their startup phase, keep in mind that if you can reinvest some of the profits back into the business then the growth of your company will accelerate more quickly.