Baby gear rental business can be an opportunity, considering that some items are only used temporarily. This is suitable for parents who want to have quality equipment, but at a more affordable price. If you are interested in this business, you can start by paying attention to the following things quoted from various sources.
Choose your target market
In determining the target market in this field, you need to determine the age of the baby. For example, you can focus on baby gear in the 3 to 6 month age range. With this, you will also be more optimal in using your capital and the rental process can run more smoothly.
In opening the rental of baby equipment, cleanliness is the most important thing. If you can offer baby hygiene products, parents will believe in you
You can promote through social media, offline or directly, or build relationships. By doing promotions, more and more people will get to know your business.
Give attractive offers
You can give discounts for certain periods, certain packages, or provide free shipping to customers. The goods that you rent yourself are quite diverse. You can rent strollers, cutlery, baby spa, baby …
Making money from home can be the best decision you have made. You can also earn extra money online and you can work anywhere. Even if you have to travel, you can still do your job and still make money. Apart from that, you can also make money passively which will allow you to pursue other endeavors while making money. By working from home, you can also cultivate a higher quality of life. How to earn from home?
Selling digital products
You can package your knowledge and experience into digital information products. Examples include electronic books, video courses, audio products or short information guides. “Almost everyone has a skill they can turn into a digital product,” says Arne Giske, online entrepreneur and co-founder of the Insider Investors Club and Groups Funnels. For that, you can learn the process of crafting offers that people are willing to pay for.
Offer freelance work
Both businesses and individuals need help. However, such assistance does not always have to be completed by employees. You can try to open a service as a freelancer. Some of the services you can do are managing social media accounts, creating content, and offering virtual assistant services.
Are you interested in becoming an angel investor? It’s not just about money. Investors sometimes also need to need expert advice to prevent mistakes and sometimes need to have a network of industry contacts who will help negotiate key “strategic partner” alliances. Therefore, the money you invest is not really important either. You will need to review the company’s organizational documents to see what rights you will and will not have as an investor.
Voting vs. Share
Voting Generally, angel investors own shares without voting rights in a company, unless they buy a large part of the company. Shareholders who do not have voting rights have few rights. However, shareholders who have voting rights may not have the right to impose obligations on shareholders who do not have voting rights, without their consent.
Ensure that the company’s organizational documents give owners who do not have veto power “veto power” over decisions that affect them.
When new investors put money into the company, your percentage ownership in the company will shrink. Maybe you don’t mind the dilution. But you need to consider two ways to protect against unfair disbursement of investments. The first example is the anti-dilution provision. In …