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Is This A Good Business Idea?

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Is This A Good Business Idea?

Postby Doughal » Sat May 06, 2017 11:04 am

If you had a 100% secure way of saving a cherished item, 100% safe, secure, against theft, and the effects of time.
Whether that item be a toy, a family heirloom, or some sort of important paper.. and the cost was only $3 dollars a month... would you do it? For instance how many of you have wished that a collection or toy that you had as a kid were in better condition today to resell? or you had a way to save important family pictures or important papers (will, a letter you grandfather wrote your grandmother during the war, etc) would you use that service? sure the bank's safe deposit box is an option.. but what if someone offered a service that was cheaper and better?
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Joined: Wed Jan 22, 2014 4:09 pm

Is This A Good Business Idea?

Postby Burlie » Sun May 07, 2017 11:14 pm

Well it really depends on what a person wants to store and what that person is like. For me and my personality, at the moment, no, I probably would not use a service like that. To other people, this service could be brilliant. But the only way to truly find out is if you try it. If you're planning to open a business and that is you're idea, try it and see where it goes from there. Another thing, if you're not sure, try asking yourself the same question. Would you use such a service? If so, then go for it!!! If not, then just think. Think of all the pros and cons, such as

Pros: secure's items if customers sucssesfully

Cons: if it dosent work out, you may possibly lose lots of $$$

And ect. Hope this helps and best of luck!!!
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Joined: Wed Jan 08, 2014 2:07 am

Is This A Good Business Idea?

Postby Alrik » Tue May 09, 2017 7:57 pm

One: you are on to something here.

Two: service guarantee is paramount

Three: copious amounts of insurance against loss would have to be provided by your company from a highly reliable insurance company or more

Four: strategy and marketing will be key to your success.

Bank Vaults are there for jewels and compact things but there are other things that are very important as well. Did you read The Da Vinci Code, if not please do read it for an aha moment!

Best of Luck and keep me posted. My pen name is Montblanc and I generally post a few times a day, some times seriously other times just for fun. Mostly in the Answers forum I do my best to add value to the person posing the question.

Note your competition will be the Bank Vaults, the weatherized storage places etc etc, but when you offer the service for individual items or a box of items you are differentiating yourself from the storage place. Weather, Vermin etc are the big issue in the storage business as is security. Best of Luck and do keep us posted.
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Joined: Fri Jan 31, 2014 10:49 am

Is This A Good Business Idea?

Postby Tripp » Mon May 22, 2017 8:29 am

It is only an idea.
Now you need to write a business plan to prove that your idea is workable.
Go to http://www.bplans.com for instructions on how to write a business plan and sample business plans.
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Joined: Wed Jan 15, 2014 12:54 am

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