When people think about starting a business, they’re usually looking towards the public, and offering them a product or service that they need. But there is another way you can go about building a company, and that is to build around the needs of existing businesses.
When it comes to finding success, it’s always a smart idea to go where the money is — and without a doubt, that’s with companies. The other thing to remember is that successful companies are going to spend more cash than the average person, because they have a vested interest in being the best they can be — they spend money as an investment.
Below, we take a look at some businesses you can set up that piggybacks on the success of already existing and successful ventures.
Successful companies know the value of having the right employees on board. They’re the ones who push their company forward; if they’ve got the best people in the right roles, then the company will greatly increase its chances of enjoying success in the future. However, there’s a problem: it’s really not all that easy to find good workers. And it’s not something that companies want to do themselves — they know the type of person they’re looking for, but not how to go about finding them. If you’re good with people and have an eye for talent, then look at setting up a recruitment agency. It’s big business! A few years working in an existing recruitment agency is recommended, however.
What Do They Need?
A company will have its core duties, and it wants to be able to focus on those things. But there are certain aspects of running a business that simply needs to be taken care of, and that’s where your new business can fill the role. Companies outsource a lot of their day to day work, such as marketing, legal, and IT needs. All of these do require some experience, but there are some services that require little. Take cleaning, for example, which is something every business outsources. If you get some equipment from Steamaster Co, you’ll be able to fill part of this essential role. All companies have money in their budget for cleaning, and your business could get a slice of that pie.
Catering and Events
There are also services that most companies don’t need all the time, just occasionally. But since most companies need them, there’s plenty of work, even if you’re working with a different venture each time. Take catering and events. Every time a company hosts an event to promote their business, or need food for a big meeting, they look outside. If you’re good at organizing, then look at becoming an events planner. If food is more your thing, then you can go down the catering route.
Your Specialized Skill
Finally, if you have a specialized skill, then you can offer it to companies. Contracting usually involves higher pay, more freedom, and more interesting projects — much better than being a regular employee!