Service for Market Research
Starting a firm is challenging, particularly in mature markets. Businesses frequently struggle to comprehend their markets, customers, and how their brand, goods, and services are perceived. This is when market research is crucial because it enables organisations to base important decisions on actual customer and market data.
Market research companies conduct market research on behalf of other companies, using a variety of quantitative and qualitative methods, including surveys, competitor and market analyses, and more.
You must possess a background in market research or business intelligence, understand the fundamental types of research, and have prepared formats to conduct said research for various clients and their objectives (you must also be able to write reports summarising the results from the market to present a client) in order to become a market research firm.
You can also promote your service using whiteboard animation videos. For making marketing videos you can use whiteboard animation softwares like DoodleMaker or Doodly along with voiceover using speech to text softwares.
This kind of business may be launched from home, and since everything is a service, there aren't many upfront costs beyond software and tools for data collection and analysis. You might approach neighbourhood businesses to offer your services and advertise your market research services on freelancing websites to market this business.
IT Support
Many people have found it difficult to keep up with the increasing technological focus of the globe; this is problematic since information technology (IT) equipment frequently malfunctions and requires repair.
As a result, there is a constant need for IT-savvy people who can restore malfunctioning computers, resolve networking issues, replace damaged hardware, offer procurement advice, and generally get things back up and running. IT support firms require you to have a solid understanding of various operating systems, security systems (including anti-virus), and hardware. They are generally knowledge-based endeavours (computers and laptops).
The majority of IT troubles in both the home and corporate environment are caused by bugs or flaws in software (due to accidental damage or attack by a virus or third party). Because of the emphasis on software, getting started will only require a few pieces of specialised gear. The majority of neighbourhood IT assistance providers work out of their homes and visit a client's premises to resolve software or virus problems.
You can also provide training packages to customers who wish to feel more confident using their computers or software (or to businesses that require personnel to learn specific computing skills, such as network maintenance, database management, etc.) in order to grow an IT support business.
Despite having an IT foundation, this company can be totally focused on conventional local marketing (flyers, networking…). In this industry, growth is dependent on repeat business, therefore it's important to deliver exceptional customer service to keep people coming back to you.
Fundraising (Introducer)
Receive compensation for assisting businesses in obtaining funding from venture capital or angel investors. Services like AIN profit greatly from this. There is a sizable market for it, and the contacts you would develop would be practically priceless. There are many fundraisers who specialise in particular industries, like MarTech, FinTech, and GeoTech.
It all comes down to contacts and networking in fundraising. In addition to having frequent access to a source of deal flow (startups) that you can recommend to investors, you'll also need connection to key decision-makers in investment funds and private investors. Finding and introducing the proper startups/investment opportunities to the right investors is the key to this firm.
You must be very clear that you are merely providing an introduction and not endorsing an investment if you are not FCA regulated. To ensure that you get paid, you must put in place specific agreements with any startup for whom you are raising money. Depending on the size of the deal, commission charges for introducing an investment that succeeds often range from 3 to 5 percent.
Attend investment and startup events (conferences are the richest for both) and start networking with both investors and companies to start expanding your network (you can use AngelList, Linkedin and Crunchbase to identify and connect).
Services in PR (Public Relations)
PR is a game of relationships; if you're excellent at it, you probably get along well with journalists from many different kinds of newspapers. To have your clients included in the Financial Times, for instance, you may suggest them to your friends who work there.
A significant portion of UK public relations professionals work independently, either for larger PR firms or directly with clients. Fees are often paid based on a project's success; however, larger PR firms often operate on a monthly retainer basis.
Access to businesses and journalists, combined with some knowledge of how to present businesses to/pitch journalists, are the only real prerequisites for starting a freelance PR career.
House Sitting
When the owners are away on vacation, at work, or the property is owned but unoccupied, you live in and take care of the property on their behalf (i.e. in-between tenants). The main benefits of house sitting are the assurance that the home will be well-maintained and secure (against burglars and squatters).
As more people have collected second homes they don't live in and are left vacant for stretches of time due to the aforementioned cause, the house-sitting business model has flourished in the UK in recent years. The only actual criteria for this service-based business concept are dependability, a basic awareness of security, and basic property maintenance.
With demand coming from both corporations and private homeowners, this company operates in both the residential and commercial industries. You can get paid to hang out in a mansion while the owners are away, which is an excellent business on the higher end of the market. Happy days with a king-size bed and a fully stocked refrigerator! Reach out to your family, friends, and social networks to promote your business. If you'd like, you can also use digital marketing (i.e. PPC).
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