A few months ago I came across a poster about Dallas, which had four most important words written at the end; BIG THINGS HAPPEN HERE! And, believe me, that’s damn true; AT&T, Match.com, FedEx Office, McAfee, Symantec and many other big names are the proof of fertile business ground here!
With a subtropical climate and a population of 1.25 million, Dallas is a city of opportunities. It is the third-largest focal point of Fortune 500 companies in the nation. The economy of Dallas is chiefly based upon telecommunication, technology, healthcare and medical research, banking and transportation. A quick fact about the city that it has more shopping centers per capita than another city in the nation!
The city which is home to 17 billionaires, is the third most popular business destination. It is because it has no local or state income tax bringing bags of profit to many businesses. Dallas is a conference hub with plenty of convention space. It has amazing cultural tourist attractions and the city is full of life.
Following are some cost effective and diverse business ideas which will get entrepreneur in you start working straight away.
1- Real Estate:
Real Estate & Property business is always lucrative in big cities and so is the case in Dallas. Prices of properties are always fluctuating, you just need to know the right time to do the deals in this business. Renting and leasing are the most popular, highly profitable and much in demand sectors to do business in. It does need a little or more investment, but besides money, you must have expertise. The rest will be done by your customers.
2- Legal Consultancy:
There are legal matters involved in every aspect of life. If you have expertise on some particular area, set up a consultant office and offer your best services. This can involve drafting agreements to visiting courts even when needed. There are already numerous business sprawling in the city moreover it has a huge population as well, so doing business in this area have less chances of failure.
3- Theatrical Performances:
Dallas is by far the largest continuous arts district in the nation. It has several venues related to arts and drama. If you have an artistic soul in you, build up a team for theatrical performances. You can rent a place for long term or can schedule performances in multiple locations based on availability.
4- Sports Goods Supplier:
The city is home to about six major sports league revealing the heavy sports culture here. One of conventional ideas for business, although it needs some investment in good quality products, you can always work as an affiliate for some manufacturers; all you need is to have the skill to sell it.
5- Gardening Services:
Not only parks and gardens, but many other areas require gardening services. Golf parks, picnic spots, offices, houses are some of them. This business requires, knowledge, aesthetic sense, love for gardening and investment obviously. The better your work, the more quickly you’ll be in demand.
6- Ambulance Services:
Dallas is a busy city with many hospitals and medical centers. In order for the patients to reach to the nearest hospital as soon as possible there needs to be a very responding and well equipped ambulance. Cater to this need of the city by investing in some ambulances. Make yourself online so that people can avail the services more easily. Moreover you can also do contract with the nascent medical centers, clinics to offer your services and get paid. Starting a non-emergency ambulance service is comparatively easier, and later you can add the emergency service too!
7- Advertisement Agency:
The city with such promising business environment also needs a promising advertisement platform that makes the business flourish in leaps and bounds. If you have the innovative ideas and experience in this field, this idea can be very profitable for you. From posters to television commercials there are many options for you. Choose the most feasible and get started, gradually you can offer more services by adding more people to your team.
8- Medical Equipment Dealer:
As told earlier that Dallas has many medical related centers and hospitals which need regular supply of the equipment and kits. Start a business offering better rates and a wide range so that more customers may come to you. And yes, you can always start small, by dealing in low investment equipment first and selling high priced items as an affiliate.
9- Moving Workshop:
Many times people face problems with their vehicles where there are no service shops to help. This is where a mobile workshop is a blessing. Offer your services anywhere and anytime. All you need is some skills to deal with the vehicles and get them started. Offering such services on urgent basis may even earn you some extra tip.
10- Second-hand Goods Shop:
Majority of people prefer to buy second-hand goods than investing heavily in new ones. The better stuff you have on the sale the greater the customers entering your store. This business requires tact of selling things on modest rates keeping a profit for yourself as well.
11- Small Scale Construction Company:
In a developing city like Dallas construction business yields a lot. The city is expanding and numerous constructions and renovations take place regularly. If you have the skills, experience and a good capital to start with, construction sector has a lot for you!
12- On-Demand Car Wash:
Car wash business is very lucrative for a city like Dallas; it requires little investment and skills and you are ready to start the business. Majority of people are lazy to clean their cars themselves, target them by providing then best services and making them your regular customers. You can add sidelines of tyre changing, pressure check and etc.
13- On-Call Electronic Repair Service:
The washing machines, televisions, refrigerators, microwave ovens; they all have their moments when they decide to disappoint us. One cannot run to the electronic shops every time they go out of shape or need anything fixed. This requires some skills to make the appliance get back in shape and work efficiently. Even if you don’t know about them you can always learn and start your business. Requires very little investment.
14- Small Business Consultant:
In this big city every other person is thinking of setting up their own business. Starting your own business needs the courage to take risks and guidance. If you have been playing in this field for a long time, you could start a business to counsel others who are thinking of starting their own venture and providing them best opportunities to invest in. You need to have experience, good interpersonal skills and a diverse professional circle to offer the best.
15- Meat Shop:
Who wouldn’t love meat, nicely cut and packed in hygienic environment? Dallas has many restaurants, diners and eatery business which need regular supply of the meat. Moreover many people also like to cook for themselves. Setup a meat shop of such kind. In a short time you will have regular customers. Yes you need to have a sound knowledge of this business or you can always appoint one for the job.
16- Chauffeur Agency:
Dallas host many conferences, symposiums ad business meetings frequently. In this regard many executives, CEOs, business officials and high profile people travel through the city which need protocol as well. Invest in some luxurious cars and appoint some people to be chauffeurs for those cars. You can even rent the cars and gradually buy them after saving the amount from business. The better your services the greater clientele.
17- Social Media Consultant:
Promotion on the social media brings more customers to the business. A strategic and well planned marketing is the job of the experts. If you spend majority of your time online and know very well how the likes and views work. A social media consultancy yields a lot of profit with no investment.
18- Mobile Restaurant:
The best thing about a moving eatery is that you can your location if it isn’t attracting much customers and head to a different location. You can target the busy areas on weekends and earn extra. This business requires some investment and good cooking skills if you want to serve everything made by you. However feasible this business yields ample profit in every scenario.
19- Delivery Services:
The concept behind this idea is to provide services of delivering the products from the shop/store/restaurant (that do not deliver in particular areas or have no delivery option at all) to the customer. All you need is some delivery boys and some bikes. You can increase your business by delivering large goods as well and invest in some pickups. All depends on how much you can handle efficiently. Requires no special skills. Make the service online to be more accessible.
20- Coffee Shop:
A stop for freshly brewed coffee is needed by everyone who is working. Setting up a coffee shop in a busy area will attract many customers in the break times and mornings. Add donuts, pretzels or bagels as sidelines.
21- Warehouse Business:
A place like warehouse is needed by every business supplying goods. The only investment that it includes is in the place, but if you already have a spare space in your house, you can save that costs too. Next is to market your service to the target audience!
You can charge the rent per month and can even provide you services such as security, managing staff and etc.
22- Hardware Store:
A conventional business idea. Setup your store in a commercial area with a wide variety of products and at reasonable rates. Needs no skills just investment which will recover in a short time. To make it more appealing, you can set up an online store front for people to choose items from and offer free delivery!
23- Online Gift Shop with Direct Delivery to the Recipient:
In this fast-paced era people find it difficult to find the perfect gift in the required budget. You will need some artistic skills and a good supply of crafty products to pack the gifts in appealing manner. Have readymade gifts pack on different budgets packed in the best manner and people will find your shop very handy. All they need to do is to pick a gift and pay online, and you will deliver the present to the recipient.
24- Travel Agent:
What could be better than a planned trip in your budget and without you making calls for the whole arrangement? That is what a travel agent is for. You just need to have a good professional circle in the required field and make yourself online. Offer deals to the common holiday destination and people will keep coming. You can also provide services to the corporate sector.
25- Mobile Salon:
Nowadays instead of people travelling to avail the services, the service are travelling towards the people. Setup a vehicle with the required equipment, products and an assistant, then you are good to go. Definitely you will need some skills or you can always learn them. It is a onetime investment which will earn great profits.