Last week when I shared my tips for a better work life balance I mentioned one of the first things to do is decide what you want to do. Well if that thing is to start your own home-based business I have a great suggestion for you today.
If you have a knack for gift wrapping and enjoy doing it now is a great time to start your own gift wrapping business from home. Now that the holiday shopping season is underway busy people are going to need someone to help wrap those gifts.
If it sounds like something you would like to do, here are some tips that could help make this dream a reality.
Determining Start-Up Costs
Since you would be running the business from home, this eliminates a big chunk of start-up costs because you won’t need money for office space, remodeling, utilities, permits, etc.
Assuming you already have a computer and work space, your start-up cash would go to things like starting inventory, marketing, or any licensing that may be required by your state.
Hint: Save on inventory by buying in bulk.
Recurring expenses would be for things like advertisement, paying for internet connection, web hosting and maintenance, office supplies and car insurance if you deliver.
I found this cool business start-up cost calculator. Just plug in an estimated amount of the items needed and hit the calculate button at the bottom and see how much it would cost to get a gift wrapping business launched.
What Kind Of Skills To Have
You would have to have great communication skills since most of the time will be spent talking with potential clients and nothing could kill a deal more than having someone who is speaking slang on the phone or in email.
Other skills and characteristics like an eye for décor and color schemes, organization, time management, motivation, and being able to work with different personalities is also important.
Ideas For Promoting Your Business
Once your business underway there has to be some type of marketing to get the attention of future clients and if money is an issue you’ll have to be creative. Here are some suggestions for promoting your biz.
Ah yes, you have to have known I was going to say those two little words! When it comes to free promotion social media is the best way to go. Here’s what I mean:
- You can post pictures of your latest project or special promotions on Facebook
- You can post pics of your projects on Pinterest and create boards for different seasons, occasions, themes, etc.
- Post pictures of your projects on Instagram with a promotion tied into them.
- Use LinkedIn to create a professional profile to tell the world about you and your business.
- You can create a channel on YouTube and make how to gift wrap videos.
There are plenty of other social media sites you can use but keep in mind not all social media sites will work for you and that’s okay.
You can also start a blog for a permanent place to showcase your work and write about gift wrapping ideas for special occasions, recommend gift wrapping supplies, where to buy them, etc.
There is no time to be shy when you’re managing a business. When you’re making your pitch to a potential client paint a picture people will respond to. Something they can actually imagining themselves going through. In other words give them a WIIFM, what’s in it for me. One that will make them say, “You’re right, I do need your gift-wrapping services.”
Start With Friends and Fam
Tell friends and family about your business offer your services. Put the word of mouth method to use and ask them to spread the word to everyone they know.
Over To You
Do you prefer to wrap your own gifts or would you consider using a gift wrapper? Tell us what you think in the comments section below.
Before you go I would really appreciate it if you would share this post. You never know who might get an idea from this. How cool would that be!