Business Ideas

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Business Ideas by Mind Map: Business Ideas

1. Huts

1.1. pros

1.1.1. Brings tourism to the local area

1.1.2. Offers an alternative to camping

1.1.3. Will provide jobs for local people in the area

1.1.4. Provide living accommodation to resolve housing problems

1.1.5. Huts will be fully furnished

1.2. cons

1.2.1. First investment is significantly high

1.2.2. Planning permission may be hard to get

1.2.3. Competition from local caravan parks

2. Hot air Ballon Rides

2.1. Pros

2.1.1. A new experinece for people

2.1.2. Theres plenty of open space in the lcoal area for the ballons to fly and land

2.1.3. People can see the local area from an birds eye view

2.2. Cons

2.2.1. The emissions from the ballons are casuing pollsion

2.2.2. Health and safety issues would be a big concern

2.2.3. Isurance cover would be hard to get

3. Jet Ski Sales

3.1. Pros

3.1.1. Very Little Competition within the area

3.1.2. The revenue from each sale would be high

3.2. Cons

3.2.1. We aren't in the right area to sell Jet Skis

3.2.2. The first investment would need to be significantly high and would be hard to get

3.2.3. Lack of specilised people within the area to sell the products

4. Tea Rooms

4.1. Pros

4.1.1. Will always be a need for food/drink

4.1.2. Provide employment opportunities to younger people

4.1.3. Not as much investment needed compared to other business ideas

4.2. Cons

4.2.1. A lot of competition within the local area

4.2.2. Locals may already have their preferred cafe

4.2.3. High risk of cross contamination/allergies

5. Key

5.1. Mason

5.1.1. Green

5.2. Sioned

5.2.1. Black

5.3. Tara

5.3.1. Pink

5.4. Cerys

5.4.1. Blue

6. Pop up bar

6.1. pros;

6.1.1. avalible to take anywhere

6.1.2. Large selection of drinks

6.1.3. Events need more than one bar

6.2. Cons;

6.2.1. Expensive licences

6.2.2. Show access

6.2.3. expensive first purchase and maintenance

7. Window cleaning

7.1. Pros

7.1.1. Gap in the market

7.1.2. constant business

7.2. Cons

7.2.1. Health and safety considerations

7.2.2. Height considerations

7.2.3. Original cost e.g Vans, Equipment,

8. Burger van

8.1. Flexible working hours

8.2. Pros

8.2.1. Choose location of work

8.3. Cons

8.3.1. You may face competition and struggle to make sales

8.3.2. You are your own boss,, so if you don't work you don't get paid

9. Fitness Centre

9.1. pros

9.1.1. Will always be a need for one

9.1.2. Create new jobs for locals

9.1.3. encourage people to be fit

9.2. cons

9.2.1. A lot of competiton

9.2.2. People already have their preferred centre

9.2.3. Large start up cost