Shoestring business in a Basket
March 23, 2006
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If you have a creative flair, a gift basket business may be the perfect home business option for you. You could start this business at home, in your spare time, on a low budget, and the great thing is that it’s marketable online and offline.
Gift baskets are popular year round, and obviously even more popular on special occasions such as Mothers Day, Christmas, Easter etc.
The key to this type of business is to target a niche market. That way, you’re not competing against the masses who do general gift baskets, plus, targeting a niche market will keep your start up costs down. You can always expand your niche, as your business becomes more successful.
Research your local area for possible markets. Chances are there will be a hospital near by, so you could consider selling “get well gift basketsâ€. Or perhaps there’s a golf club nearby, in which case, gift baskets for golfers could be the way to go.Unless you live in the sticks, there will be plenty of businesses in your area. You could make corporate gift baskets for local businesses to give to their customers.
There are so many options, from gift baskets for gardeners, to give baskets for cat lovers. If you do a bit of research, you’re sure to come up with dozens more.
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Very informative blog. I found everything I needed here. I was able to complete my research. Excellent content!
Jack…
Thanks for this, I’m writing an ebook about starting up businesses right now so this post was very informative….
Hi Jack - glad you found it useful. And good luck with the ebook.