If you are good with your hands, building miniature models might be the perfect business idea for you. Easily turn your hobby into a profitable business by building miniature vehicles, kitchen appliances, pieces of furniture or more. You can sell them to businesses, gaming stores or miniature lovers!
01 Startup Financing
Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning
Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching
When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Check Out our New Starter Kit!
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf).
THE BUSINESS IDEA
Get started in the miniature model business by deciding what exactly you would like to make and sell. Make sure to keep a coherent brand by focusing on one type of miniature model at first. That could be car models, comics characters, a playhouse’s items or anything you’d rather make.
The miniature business idea is very easy to launch as you can start it at home and expand it once you feel more comfortable doing it. Additionally, you can start making money right away by selling your models online and promoting on social media and dedicated websites.
Once you are ready to commit to your project, rent or buy a spacious place to display your models. You can also partner with concept stores and game shops to sell your miniatures.
The easiest way to sell your products with close to no risk is online. You can sell them on existing online marketplaces or on your own website. Make high-quality models, get excellent reviews and use social media to promote your miniatures!
- Social Media: Regularly promoting your models on social media is the best way to build a large pool of followers and potential customers.
- Marketplace: You can also use existing online marketplaces such as Etsy or Amazon to sell your models. They will naturally bring you visitors, but might take a commission off your sales. This Business Idea is suitable as home business or part-time side job.
Concept Stores: Concept stores are trendier than ever. People love browsing them to find gifts or cool decoration items. Partner with them to gain visibility!
Launching your own miniature business has close to no risk. Of course, you will have to pay the material cost to make your products. But as you can sell them online, you won’t need to pay a rent or buy a property to display your products unless you are ready to. Contact Business Titans for more details.
THE KEY BENEFITS OF THIS PROJECT
- You can easily start selling your miniatures online at almost no cost.
- Diverse miniature model types to choose from.
- Keep a small online business or expand to a physical store, as you prefer it.
- Diverse branding possibilities and customer markets to target.