Two Popular Small Scale Business Ideas To Try Now Nothing big ever starts that way and that includes business. McDonald’s started out as a small barbecue restaurant yet today it is the world’s largest hamburger chain. Starting a home-based business is as common today as it was practically unheard of decades ago. A would future owner of a small business just needs to get introduced to small scale business ideas that are realistic and attainable. There is actually a wide range of these ideas from which you can choose. Some of them are hobbies that you can turn into a small side business. Whatever it is, you can use this as a jump off point to earn additional income. And if it generates more income that you expected, there is always that opportunity for a merger and acquisition option later on. Here are two of the most popular ideas. Food and Photography More than other items, food is always a winner when it comes to small scale business ideas. If you bake or cook well, consider going into the food business. You can sell your baked goods to specialty shops, concessionaires, hotel bakeshops or open an online store. You can also start a food delivery service that will cater to local businesses or families when they have events. The business plan for a food business will vary depending primarily on the equipment and gadgets you already own because you can always purchase new supplies as your business grows. You may be “small” and “unknown” now but just think about how much you can save by starting your own small enterprise over the current McDonalds franchise cost. Another excellent generator for income is a photography business. You won’t run out of weddings, children’s parties, class reunions, and family anniversaries to shoot. This business will not require a photography studio because you travel to the locations for the job. Owning a basic camera and other equipment will be your only investments for a while until your client base becomes bigger. With so many advancements in technology, your photography business can go as creative as you want because of digital printing, photoshop, and other processes to enhance your photos and provide you with other options such as animated videos and the like. You can eventually move on to shoot corporate events, company annual reports, etc. and invest in more equipment. Think Several Strategies Ahead Your small business could be a potential target for merger and acquisition by a larger company. Why is this? The flexibility of a small business is like that of a

speed boat’s that can maneuver faster around bigger ships. As a small business owner, you should also think several strategies way ahead of a large company in the same line as yours. Ray Kroc was a franchise holder before he bought McDonald’s from brothers Maurice and Richard McDonald. Today, McDonald’s has locations in 118 countries and a McDonalds franchise cost is pegged at a minimum of $750,000. Don’t let this mindset prevail, though, when running your business. You don’t prep up your business so that a larger company can eventually acquire it. For more information visit:www.instituteforbusinessacquisitions.com/