Do you plan to set up a business in the fourth quarter but you’re not sure if it will work? In this article, you’ll learn how the economy is shaping up in the coming quarter and what businesses would likely help you profit.
Let’s check the history
Based on the history, when S&P gains during the worst months of the year — August and September, it usually rallies until the end of the year. There is a two percent average index gain in the final quarter. The trend has occurred 16 times since World War II. If this should be followed, there’s a chance the fourth quarter will be positive for the market.
The Republican tax plan
The possibility of a positive market in the fourth quarter is possible due to the Republican tax plan. According to a chief investment strategist, the tax plan can serve as a catalyst in boosting the earnings next year. The strategist said that if the tax plan is approved, there could be five to 10 percent growth earning in the stock market.
With the high hopes that the market is providing right now, it’s the best time to set up your own business. However, if you unsure if your business will work, here are some ideas that you can try.
Leverage the holidays
During the fourth quarter, there’s a lot of holidays that can add revenue to your business. You can provide a great deal to your customers so they’ll buy your products. If you have a website, you can use it to promote your products.
For example, you can offer best selling bags for Disney lovers. It’s the best offer you can give to moms who want to give Disney bags as a Christmas gift. Also, Disney items are an all-time favorite, so you’ll not just getting a revenue during the Christmas season, also for back-to-school promos.
You can also sell awesome dole whip t-shirts and other cool Disney items, it guarantees to generate profit to your business.
Write for business
If you don’t have a product to sell but you know how to weave words to attract customer, offer to copywrite. It’s one of the marketing strategies that have been in the business world for more than decades. This strategy helps business to get a good client and increase their profit.
The good thing about writing for business is that you won’t be lacking with clients. Businesses are all over the word. You can do writing locally if that’s your preference but you can also promote yourself as a writer that accepts work offshore.
It’s a profitable business because you only need a laptop and plenty of time to write. However, if you’re already expert in writing, you can write in a couple of hours and get paid. It’s a fulfilling work also because you’re helping other businesses to get clients. If your words are powerful to bring sales, freelance copywriting is for you.