Owning a restaurant, in many ways, requires the same approach as owning a hotel. Every step needs to be treated as part of a performance, as many patrons consider the experience to be as important as the food. An owner will usually be working long hours, and along with the strong work ethic, they’ll need to have an eagerness to please a tendency to adapt to any role in front of them.
An online business is a great way to have a store that operates 24 hours a day, with you choosing your own hours. Many can be operated by a single person, and with many distributors offering drop shipping, you’re able to focus on the running and marketing of the website, rather than managing stock levels.
Gas stations can be highly profitable in the right hands. If you can master the basics of retail then this is a recession-proof business with consistent passing trade. Gas is not an optional good for motorists, after all, and have you ever known the traffic on our roads to do anything but grow?
Selling America’s favourite hot beverage – the coffee shop market has grown significantly in the last decade and could still double over the next 15 years. A coffee shop is best owned by a perfectionist. Distilling the ingredients, staff and ambience into a mix that is ‘just so’ is the defining goal of independent café culture.
Running a drug store follows many of the same rules as other physical retail businesses. The owners can expect to work hard, be able to adapt to any of the front of house roles, manage stock and of course be the marketing manager for most smaller stores. Within this, a drug store owner will have the satisfaction of providing comfort to those needing not so urgent medical attention.
Hotels are the workhorses of the tourism industry. A tolerance of long hours, working weekends and out-of-season personal holidays; a strong worth ethic; and an eagerness to please are essential to the makeup of a successful hotelier. Meet these demanding criteria and you can enjoy a business where every day is different and the rewards lie in making people happy.
A motel, essentially a hotel without internal corridors, is designed with a motorist in mind. Location is still key, as with a hotel, but a motel owner chooses a location based on very different criteria. A tolerance of long hours, working weekends and out-of-season personal holidays; a strong worth ethic; and an eagerness to please are essential to the makeup of a successful motelier
A kennel business can be incredibly rewarding for animal lovers who crave an escape route from the rat race. Requiring a licence and planning permission – a major hurdle given the irritation posed by barking dogs to neighbours – this is a trade that most people enter by buying a going concern rather than starting a boarding kennels from scratch.