And how would that person survive and forge ahead when that season is over? Do you think a person should have only a seasonal business as a source of income?
How can one survive with a seasonal business
- Thread starter cherry123
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A seasonal business should be taken as a side hustle and not as a full-time income source.
Surviving with a seasonal business can be tough but not impossible. One way is to diversify your offerings so that youre not dependent on just one product or service during your offseason.
If you are the type of person that likes to be involved in seasonal business, it means that you are going to have more than one business to do. This is because there is so many seasons of the year that you can capitalise on and make provisions for products that are used in such seasons and make your money from selling them.
I do think that every company needs to consider the seasonal items to be offered. It is most likely to happen if they are in countries with four seasons. In my country, we only have two seasons to deal with, such as wet and dry seasons.
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It is indeed necessary for them to advertise their products and provide the needs of these consumers. In order to have more sales or gain more profit, they need to do these things.
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The best bet is for the person to do something else when his seasonal business is out of season. Seasonal businesses are mostly done by employees just to make a quick cash out during the season.
I agree with you. We shouldn't rely on a seasonal job but we should have some other earning sources as well.
I think the best way to survive with seasonal business is to get involve in two rotational seasonal business. Have one business in one season and another in another season. To depend on one seasonal business, it is wrong and can result in financial losses.
Seasonal businesses should not be a main business for anyone. It should be a seeaonal side hustle. People sell corn in my area as a seasonal business during the corn season. They switch to other businesses during the off season of corn.
Having another side business will help a lot, and for this seasonal business ,you need to get to know how to make more profit in it by determining the best time to buy, when to preserve and lots. Don't always wait till the season period before you start to take action, think of ways to do it better than others.
Seasonal businesses comes with their own advantages and disadvantages, so the best bet for anyone planning to hop into it is to maximize every single opportunities and profit it has to offer in order to be in gain, position yourself very well, because it is seasonal so as the name implies it is bound to fade out after a particular season.
- Thread starter
- #35
Yes Seasonal businesses can be very lucrative especially at its season. This business comes with its own advantages. so the best bet for anyone planning this is to take advantage of every single opportunity
A seasonal business cannot be a main source of income. It can't sustain anyone all year round. One must have a main source where he attaches the seasonal business to.l. I do sound engineering during festive periods as a seasonal business.
There have been a lot of people who do benefit from seasonal businesses as they do change their products due to the seasons they are in which to me is a very good way to maintain a stabilized yourself in the business.
For you to survive a seasonal business, you must have alternative business at hand which you must rely on. Seasonal business is not a business to rely on. It only moves during its season. And you can't remain idle throughout the remaining inactive periods. You must engage yourself in other business that would make you active.
There are different seasons in a year which is why if you want to be the type of person that is involved in doing only seasonal business, it means that it is not only one seasonal business that you're going to be doing. So you must be involved in all the different seasonal business that you can have in a year.