What Exactly Is A Seasonal Business? Welcome to practical wisdom guy’s
and in today’s video, we’ll be talking about what seasonal businesses are,
and a couple of these businesses you can start.
So, a seasonal business, is a business based on specific timelines that vary and change based on
the needs of the customers, such as: • Weekly requirements
• Monthly Requirements • Annual Purchases
• Shopping for the holidays • Purchases for daily use, and so on.
Festivals, culture, and opportunities are celebrated in countries and regions all over
the world. And with so many celebrations to enjoy, you’ll often find business offering and promoting
seasonal sales. It's no surprise that it's one of the best way’s businesses make more money.
Everyone wants a piece of the holiday business profit, including local retailers,
seasoned entrepreneurs, and large conglomerates. For a businessperson accustomed to working in
traditional year-round occupations, the transition to a seasonal business may appear to necessitate
the use of new business practices. While some things will always be different,
the changes can be minimized by treating the seasonal business as if it were a year-round
business. The business owner should use the downtime to improve the business, attend industry
seminars or conferences, recruit new employees, or engage in other off-season activities.
So, let’s look at a couple seasonal business at almost any Joe can start.
1.Food trucks Starting a food truck
is a great seasonal business idea to take on before the summer season kicks off,
whether you're starting from scratch or expanding an existing restaurant empire.
By starting a food truck, you can reach customers where they are already — at the beach, in a park,
or near popular summer activities such as beer festivals and concerts.
If this is something that fancies you, what you'll need to begin is, make sure you have
all of the necessary vendor permits, licenses, and official government signoffs, before you
fill up your truck and turn on the grill. The permitting process can be time-consuming,
so keep that in mind as you plan your strategy. Following that, you'll require supplies. Consider
getting an equipment financing loan if you need to buy or lease a food truck.
These loans are self-collateralized, making them more accessible to borrowers.
You'll need to make sure your truck is fully stocked with ingredients once you've purchased it.
A business line of credit can help food truck owners buy basic goods and materials,
while only borrowing what they need at any given time.
2.Moving services Summer is one of the busiest
months in the real estate market, so there are a lot of people who need assistance moving into a
new house or apartment. Starting a seasonal moving service could be one of the best seasonal business
ideas for you if you have a keen eye for packing, and the strength to move bulky furniture.
What you'll require to get started is, you’ll need a moving van or truck, as well as hand trucks
and other types of moving equipment, including smaller items such as tape and moving blankets.
For each of these items, there are numerous loan options available, such as an equipment loan for a
moving truck, a business line of credit for larger moving equipment, or a business credit card.
Local residential or commercial moving rates are currently in the $60 to $90
per hour range for two movers and a truck, making this service potentially very profitable,
particularly if additional movers are hired to handle more work and increase billable hours.
Providing additional services and products to customers can boost revenue and profits.
Packing and unpacking services, as well as the sale of moving supplies
such as cardboard boxes, garment boxes, tape, and bubble wrap, are examples of such services.
3.Fireworks retailer As long as it's legal
in your state to sell fireworks, running a seasonal shop is a great way to cash
in on a hot commodity during the warmer months. What you'll need to begin is, register as a legal
entity in your state, look into real estate, open a business bank account, and make sure
your inventory and operating costs are covered. Fireworks sales are likely to skyrocket during
the holiday season. And you might not have enough capital to complete all of those orders on time.
In that case, you might want to think about obtaining a short-term loan from an online lender.
These loans have the shortest turnaround time from application to approval - to funding,
making them an excellent choice if you require cash quickly. Repayment periods are also short,
making them the best option if you need funds for a one-time project with a set deadline.
However, be aware that short-term loans are one of the more expensive loan options available,
so make certain that your company has the financial capacity to repay the loan
before applying for one.
4.Christmas Store From Christmas tree farming,
to wreath making, to the design and sale of Christmas cards and sweaters, to leasing space
or selling holiday ornaments, gifts, and treats online, you can start a business that capitalizes
on the busiest shopping season of the year. If this is something that interest you, what
you’ll need to start a Christmas shop is, learn the trade, Create your Christmas business plan,
find a Location, hire excellent employees, and also create an Online presence. Just like opening
any store or business, it won’t be easy and will take a lot of hard work and effort on your part.
5.Lawn maintenance and landscaping Lawn care, landscaping, and gardening
are excellent seasonal business opportunities for anyone who enjoys getting their hands dirty and
putting in a hard day's work. The entry barrier is low, and depending on your state, you may not
require any additional certification or licenses. Although you may need to purchase specialized
equipment, many homeowners have tools that you can use on-site as well.
What you'll require to get started is, (although not necessary) consider incorporating your
lawn care or landscaping company as a limited liability company to protect your personal assets
in the event of a legal action, such as if you accidentally spill fertilizer all over
someone's patch of authentic major-league ballpark grass and they come after you for restitution.
Following that, you should open a separate business checking account to collect payments
and pay for supplies. Also, consider getting a business credit card to make larger purchases.
Most businesses will benefit from a cash-back business credit card
because the funds can be re-invested in the business.
6.The Ice Cream Truck Business An ice cream truck business is
one of the best summer business ideas to start with little capital. Consumers are looking for
cold beverages to soothe their hydrating energy bodies during the summer season.
Depending on your investment, you can purchase a simple truck, and personalize
it as desired. To attract customers, you can sell various ice cream flavours and toppings,
to demonstrate your skills while making ice cream. Starting this Business in a well-known joint
or location will also attract more people looking for a treat. Starting out in this field can
be difficult because of the slow pace of growth. However, sustainability will command a high price.
Exotic ice creams with fusion flavours can be included on your menu, to make you stand out.
7.Pool cleaning service Assume you like working outside
even in the summer. Starting a pool cleaning business as a side hustle could be ideal for you.
You must be a certified pool operator from a national swimming pool foundation
to be considered for this job though. There are numerous accredited courses
available to help you hone your skills in your field.
The certified Spa/Pool operator is a well-respected job title in the industry. Starting
this business requires a small initial investment but has the potential to earn a large amount of
money. You can also provide your services to commercial clients who require this service.
And this business is not only successful during the summer, but also other seasons of the year.
8.Summer Fruit Juice Business
During the summer, it is expected that selling fruit juices will be very profitable. Fruit
juices are not only healthy, but they also serve as a refreshment for people who want to cool down.
Selling fruit juices during the summer season can help you make a lot of money as an entrepreneur.
With a small investment, you can ensure that your stock of fruit juices will be depleted within a
day. This effect is guaranteed because people will flock to places where they can get fruit juice.
People will buy from you if you have a small store because your prices will be lower than others.
9.Cold weather apparel and accessories Because of the harsh weather conditions
that come with winter, people usually seek out clothing that will protect them from the elements,
such as snow coats, sweaters, hats, snow pants, gloves, shawls, and scarves.
As a result, opening a winter clothing store would be a fantastic idea.
The benefit of this business is that you can still make sales for some of the clothing in your
store during other seasons. Before you begin, you would need to conduct extensive research.
After you get started, you'll need to raise awareness about your store
in order to gain a market share, because you'll be up against stiff competition in this field.
10.Exercise and fitness instructor Winter is typically a time when people
huddle together and are less active, preferring to remain in one place.
You could earn extra money if you set up a winter and exercise program that encourages
people to stay active during the winter. You'd need to learn about the requirements
and licenses needed to start this business, as well as find qualified instructors to assist
with the program. Make sure to raise awareness for your company by purchasing promotional materials
such as a branded flier and posters that inform people about your services.
11.Event planner As a party planner, you will help
a variety of customers by planning, organizing, and facilitating medium and large-scale events.
Weddings, corporate gatherings, and large family reunions are all
examples of events that take place mostly during the holiday season.
You could offer your clients a winter-themed party as a niche service. The benefit of
this business is that if you are creative enough, you can make money from it all year.
Extensive publicity will ensure that your target market is aware of your business.
12.Airbnb venture You are a businessperson with
several rental spaces, or you want to rent your home for tourists coming for vacation or holidays,
then Airbnb is the most profitable seasonal business for you to earn more money,
especially for people looking for a home like feeling, which is different from hotels.
Becoming an Airbnb host can be incredibly rewarding – and not just financially.
Depending on how hands-on you want to be as a short-term rental manager,
you can meet people from all over the world, contribute to their travel memories, and provide
them with an unforgettable guest experience. Of course, because an Airbnb business is a
business, it must be profitable. And the best way to ensure that your Airbnb works for you
rather than against you is to automate as many of the processes involved in running
a short-term rental as possible. This way, managing your rental won't take
up all of your time, and you'll be able to be a good host while also making a good profit.
Thank you so much for watching, have a great day and see you in the next one.