Side Business Ideas with Small Capital

pauline

A side business is indeed a small-scale business. But from this small scale, which was just a fad or just for additional income, if carried out seriously, it can turn into a world-scale business. Who would have thought that a business that started from this simple idea could bring in a lot of money.

If you are still constrained by confusion about what business to choose, here we have summarized 21 side businesses with small capital that you should try.

Side Business Providing Services

Laundry

In today’s practical era, many people still think pragmatically. “Instead of running out of time to wash clothes, it’s better to do laundry.” Therefore, the idea of opening a kilogram laundry business became very popular.

Business players in this field have also begun to mushroom, especially in areas close to campuses and offices. The number of players who jump in makes the competition tight so the price also competes.

Is it that easy to open a laundry service business? Actually yes, but to be successful in this business, you have to be smart to find a gap to get started. The most important thing you need to consider is market share. A place where there …

Why Should You Open a Side Business?

pauline

If you think about it, there is an interesting fact from office workers that they may have a small salary, but in fact many of them have a lot of free time. Unfortunately, most of them do not use their free time optimally and turn it into money.

Actually, from that free time there are many opportunities to run a side business that can be used as additional income or maybe it can be a long-term financial plan. However, not a few people use their working time as an excuse for not being able to run this side business.

Even though from the working hours that must be fulfilled in one day, actually we can still set aside a little to take care of a side business, after all we are not prohibited from doing side business activities by the company, right?

Why Should You Open a Side Business?

Interesting side business to do. In general, there should be no failure in this business because it is only a side business or additional income.

The following are the main reasons why you should try a side business. Some knowledge that also needs to be known so that more and more …

Market Research and Its Long-Term Effect

pauline

In running a business, not a few business people who only focus on capital and do promotions. In fact, in order for a business to survive and thrive, there are many things that need to be considered and analyzed. One of them is to ensure that the products sold are well received and positive by consumers.

This is important to do so that the business can continue to exist and develop in the long term. If the product being sold is not acceptable to society, how can a business be able to create sales and earn the expected profit?

Therefore, in running a business, business people must understand what is meant by market research or market research. In short, market research is an activity to collect and analyze any data or information related to the target market or target consumers.

Then, how to do market research? Also, what are the types of market research and tips on how to do it? Don’t worry, this question will be discussed in detail in the following discussion.

Definition of Market Research

Market research is an activity of collecting and analyzing data related to the target consumer or target market. The target market in …

Social Enterprise, Trading at the same time Improving the Social Environment?

pauline

Most of you must be familiar with the term entrepreneur. Yes, this field has been discussed for a long time as one of the important professions that can make a person independent and at the same time spur the financial condition of society in general. The reason is because entrepreneurs are able to create new jobs opening the way for many people to be able to earn income.

However, did you know that there is one type of entrepreneur who does not only carry out trading activities, but also tries to provide good benefits to the social environment? The term is known as social enterprise and has actually been echoed by many people. Including, influencers and other prominent people.

We understand entrepreneurship as a cool work activity because it is able to meet needs with its own abilities, without having to depend on other people’s salaries. Usually, an entrepreneur has a goal to develop a business brand so that it is known by many people and ends up providing as much profit as possible.

Well, by running a social enterprise, you don’t just trade for profit to meet all your needs. But it also has a goal to improve the …

Here’s How to Start a Culinary Business Today

pauline

The all you can eat (AYCE) food business is becoming more and more popular along with the increasing popularity of Korean dramas. The culture of cooking meat directly on the spot with various choices of side dishes like in Korean dramas has made AYCE restaurants increasingly mushrooming in many places.

If previously AYCE restaurants were only in big malls or in elite locations with expensive prices, now you can find AYCE in many places at very affordable prices, sometimes even with better taste.

Not only that, the choices of types of food that are used as the main menu of AYCE are also increasingly diverse. If previously it was just a buffet, grill and shabu-shabu, now AYCE’s menu is increasingly diverse, such as AYCE sushi, ramen, ice cream, yogurt and many more.

Tips for Starting an AYCE Culinary Business the Right Way

So how about it, are you interested in tasting AYCE’s culinary business? If so, before starting, read these tips first so that AYCE’s business will be more successful and smooth:

Find a Strategic Location

Whatever the business, location is one of the biggest determinants of the success of a business, including this AYCE business. For AYCE business, try …

Why is Money Not an Economic Resource?

pauline

The reason money is not an economic resource is because it is not productive. Have you ever seen a copywriter write with money or, an employee transporting goods from a factory with money instead of a logistics vehicle?

We create money, at least through the central bank. It’s just like we produce goods and services. But, unlike semi-finished goods, we cannot use money to produce other goods.

But, indeed, in the modern economy, money plays a vital role. With it, we store wealth. We also use money to facilitate transactions, for example to pay for the goods we buy. And, with money, we can judge the value of an item because money functions as a unit of account.

Money is not a productive resource

Money may be scarce and the central bank is responsible for printing it. If it is available in abundance – the central bank prints a lot of money – it can lead to high inflation and even hyperinflation.

Money does not contribute directly to production. Although it is rare, we cannot use it directly as an input or help the production process. For example, car manufacturers use aluminum inputs to produce car frames, not money. Likewise, …

A BEDROOM DISCUSSION 

pauline


The use of vibrator or massager can deliver a fresh, exciting experience, and implement new ways to reach orgasm and to facilitate smooth sexual activities in the bedroom.
Sometimes we cannot help but feel bored or tired of doing the same thing consistently in the bedroom, and because of that, you want to spice things up a bit. At this time, visiting a sex shop and buying the toys may be a little uncomfortable for a man or a woman. Interestingly, you might want to know that sex toys are healthy, and you should not be shy of owning one, or scared to own one. Let go of your fears and try to figure out the healthy sex toys that suits you and your partner. After all, it’s nobody’s bedroom, it is yours. Sex toys are naturally healthy, even though it might be a little awkward at the first trial, it is always worthwhile in the end.

Choosing the right Sex Toy:
well, when it comes to choosing the right Sex Toy, you need to decide on which one might be right for you, think about how you would like it to be, for a woman, you could find a …

What are the Rewards for the Factors of Production

pauline

Suppliers of factors of production are rewarded or compensated, which varies depending on what factors they supply. If we add up, we know the compensation as factor income. If it is calculated for all economic actors in an economy, it is national income.

Economists say the rewards for factors of production are:

Rent

Rent is a reward for land. Landlords can lease their land to producers throughout the economy.

In the perspective of economics, land does not only include agricultural, plantation or industrial areas. But, it also includes the natural resources contained in it, such as various metal minerals, petroleum, and coal. They can be renewable resources, which are abundantly available in nature and non-renewable resources, which can be exhausted if we over-exploit them.

Wages

Compensation to workers takes many forms. It can be wages, salaries, and benefits such as insurance and pensions. Wages usually refer to compensation to manual workers, for which they are paid hourly. Meanwhile, salary refers to compensation in a fixed amount, usually paid monthly. If the wages received by workers depend on their total hours worked, it is not on salary. But, in economics, we specifically refer to them all as wages, ie compensation for …

Behavioral Economics: Importance, Concept Examples

pauline

What it is: Behavioral economics is the branch of economics that studies how the effects of psychological factors influence and explain economic decision making. It studies the cognitive, emotional, cultural and social effects on decisions made by economic actors.

Behavioral economics emerged in the 20th century along with advances from the fields of psychology and neuroscience. Through his book The Economic Approach to Human Behavior in 1976, economist Gary S. Becker describes rational choice theory. The theory tells you that economic actors have stable preferences and seek to maximize behavior. He uses an economic approach to understand all human behavior including those related to social interactions, crime and punishment and irrational behavior. Some of the leading contributors to the study of behavioral economics are Herbert Simon, Daniel Kahneman, George Akerlof, Robert J. Shiller, and Richard Thaler.

The importance of behavioral economics

Behavioral economics is a relatively modern economic theory. It is important to understand economic behavior and understand the reasons why economic actors perform certain actions. Then, behavioral economists use social, moral, and psychological factors to study them.

In textbooks in general, economic actors are assumed to be rational. Individuals seek to maximize satisfaction when consuming goods and services. And, …

What are the effects of industrialization? positive and negative impacts

pauline

Industrialization brings both positive and negative effects. During industrialization, the manufacturing sector enjoyed a rapid increase in output. It also creates more jobs and income in the economy as it increases the value added of primary sector output. However, industrialization has also resulted in more population, urbanization, and pressure on social and environmental problems.

Positive effects of industrialization

Goods available in abundance and variety

The goods available are more abundant and more diverse. Industrialization allows us to have more things to buy at affordable prices. Manufacturing increased its production significantly. Machines help workers be more productive, producing more goods than ever before. Thus, prices can fall as output increases on a large scale.

On the other hand, we can also enjoy more diverse goods. Various manufacturing businesses developed during industrialization. Research and development gives rise to new innovations, not only related to the production process but also to products.

More job opportunities

Industrialization spurred various businesses to develop. When the demand for manufacturing inputs increased significantly, various businesses in the primary sector sprang up. If previously relying on small-scale businesses, large companies have started working on the primary sector. An example is an agribusiness company, which has a supply chain …