5 Summer Business Ideas That Are in High Demand
Summer can be a stressful time for small businesses. As schools let out and the pace of work slows for many people, small businesses can take a hit. It’s difficult to keep a full staff because employees take vacations or have additional childcare responsibilities. When people hit the road for summer trips, acquiring new clients can be challenging.
Now’s a great time to explore summer business ideas, including seasonal and outdoor franchises that will give you freedom for half the year and valuable income during the other half.
Seasonal Businesses
For many entrepreneurs, the beginning of summer is the time when their business kicks into high gear. A seasonal business expects to generate 70% of its annual revenue in a short time period, according to the U.S. Chamber of Commerce. There are many summer business ideas that do well during the dog days of summer. Here are some popular examples:
Food truck: If you have a passion for cooking and a desire to own your own business, a food truck might be a great option. You can serve up your specialties at festivals, fairs, or other events in your area.
Vacation rentals: If you live near the beach or another popular summer destination, a rental business might be a good idea. This could include renting out homes and condos, or even something simple, such as beach chairs, umbrellas, and other beach gear.
Event planning: Summer is a popular time for weddings, graduations, and other events. If you have a knack for event planning, you could start your own business and offer your services to people in your community.
Landscaping: With warm weather comes lush greenery, and many homeowners and businesses need help maintaining their lawns and gardens. If you have experience with landscaping, starting a seasonal business could be a good option.
Home services: Many home services are provided by seasonal businesses. Exterior painting, power washing, window cleaning, and roof repair require clear skies to get the job done. Depending on the climate in your area, snow, and ice may hamper some home service projects. In other areas, pollen may prompt homeowners to put off getting the job done.
Brand Stacking Eliminates Seasonality
Seasonal lulls are not uncommon for many businesses. The natural ebbs and flows of the economy can also impact profits. Having access to multiple revenue streams helps you stay on solid ground and continue to grow your business.
PSB helps our franchise owners cope with seasonality by offering brand stacking. Brand stacking is owning multiple brands in a single market. That allows you to open a business with a proven history of success and to work with a support team offering franchise training, guidance, and ongoing support.
Franchisees who rely on brand stacking can combat seasonality by having multiple revenue streams with complementary businesses. PSB is the franchisor of nine brands in the home services industry, including 360° Painting, Kitchen Wise & Closet Wise, The Grout Medic, Window Gang, ProLift Garage Doors, House Doctors, Maid Right, Rubbish Works Junk Removal, and RooterMan.
Once a franchise owner establishes a robust employee infrastructure at one business, they can start brand stacking. Having multiple brands mitigates the challenges of seasonality. Window Gang focuses on exterior cleaning and ramps up sales in warm weather. A Window Gang owner may choose to add The Grout Medic, which focuses on interior tile cleaning and repair, to its lineup to generate strong year-round business. Possibilities abound in the home services market and the industry is forecast to reach $14.7 billion over the next seven years.
PSB is focused on adding additional brands to our portfolio to facilitate brand stacking. We have a call center to help clients generate leads, and we rely on vendor partnerships to help keep supply costs low. Our franchise brands allow owners to create their own schedules and can be operated out of a home office.
Stack Up New Possibilities
PSB can help you stack up new possibilities! To learn more about owning a seasonal business in your local community, connect with a franchise consultant from our team. Get started exploring your options today.