Small Business Marketing » small business idea

Is a food cart a good small business idea?

admin — Thu, 28 Jan 2010 13:57:02 +0000

It’s not extremely complicated, and I live right next to downtown Minneapolis. There are also several lakes around there. I would like to do a crepe stand, but that might require too much work. I’m now considering a refreshment stand on the lake. I will look for a loan once the idea is complete.

Do you think that this would be a good small business venture?

I’m really uncertain about it, because it seems really risky and requires lots of skill to make the food well. I am only 17 and figure that whatever happens, it will be a good experience.

Anyone tried something like this?

I’ve never done a food cart, but I believe it may be a potential money maker. Here are some things to consider.

1) Make sure it’s legal. I have seen food vendors driven off the street because the food was brought in from somewhere else and not cooked on the stand.

2) Make sure you’re safe. If you start bringing in wads of cash, well, you get the picture.

3) Make sure it’s something people want. If people don’t like the crepes, or if they’re too hard to eat while out playing in the park, you’ll be stuck with a bunch of uneaten crepes.

I would really do a bit of research before you start. Go out and ask people frequenting the parks and lakes what kind of refreshments they would like, and what price they would pay. It’s good old fashioned marketing research. Then, give the people what they want.

A good hot cup of coffee is always a welcome treat, especially in colder weather. Your idea is sound, you just need to work out your business plan. Check out www.sba.gov for some of the "nuts and bolts" of how to put together a business plan that will actually get you a loan!

Good luck!

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admin — Thu, 28 Jan 2010 13:56:39 +0000

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Which idea do you think would work better or any other similar small business ideas?

admin — Fri, 22 Jan 2010 07:47:52 +0000

Me and my friend have thought of two ideas, and can’t fully decide between these two ideas for a small business. Either a car wash where we would find 10 to 15 cars a week to clean, set it up so we would just come clean each of them each week for $50 – $75 for a full inside and outside detail or have a lawn mowing business. Any other similar ideas? We just want something for and hour or two a day on regular days and up to 6 hours on saturday.
Not sure if I mentioned it very clearly, it won’t be a full time thing, just after work during the week and on saturdays.

The better long term business option is the lawn service. The house never moves, and the customer doesn’t have to be home for you to perform the service (you can bill or collect later). Grass grows no matter what, especially as you approach and get into the summer. Community deed restrictions require that the homeowner keep their lot cut.
The startup cost to begin a lawn service is 1 lawnmower and trimmer. Continuing costs is fuel.
Costs for a car wash detailing service depends. Hose, cleaning supplies, sponges, rags, a buffer, wax.
If you can, start trying to do both. Which ever you like or the one that takes off, you continue. There are pros and cons to both.

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admin — Fri, 22 Jan 2010 07:47:33 +0000

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