Going Big Time!!!

Let’s talk about small business. On your way to office or on your way to school do you pass by newspaper stands and vendors? Do you see those hotdog stands right at many corners? They would seem like a small business but they could actually turn big. Imagine if you start first with let’s say 5 to 10 stands. Then as many customers come to accept you, you start to branch out. Let’s say you’ll add 10 more stands. That would be twenty in total. If you continue to expand, you could easily have a hundred stands in a year or two.

The daily earnings of each stand may not be very big but if you multiply it a hundred fold it could be quite a good amount. The good thing is you won’t be making a very big initial capital outlay. The additional costs would come gradually and you could even use your first earnings for expansion.

The products you should sell are things or foods that people would naturally get. Hotdogs sell. Of course, soft drinks and ice cream does too depending on the weather. You should also situate your stands strategically. Good spots for this are near schools and perhaps parks.

Remember that what may seem small time can go big time if you know how to take care of your business. You just have to plan out your expansion and you should know how to serve your market better.