Pros:
• Low startup costs – You can start your business with minimal investments since you won’t need to buy expensive equipment, hire employees or purchase large amounts of raw materials.
• Flexibility – You’ll be able to decide when and for how long to run your business, creating a flexible schedule that you can easily adjust as needed.
• Unlimited potential – As you become more popular, you’ll be able to expand your business to larger markets and even launch your own website if desired.
• Low overhead costs – You won’t need to worry about the cost of renting a space or paying for marketing since you’ll be running your business from home.
Cons:
• High competition – The popcorn market is very competitive, so it will take hard work and dedication to stand out from the rest.
• Limited resources – Since you won’t have access to the same resources that larger businesses have, you may find it difficult to keep up with demand or make necessary changes quickly.
• Brand recognition – You’ll need to invest time and money into building a recognizable brand in order to be successful.
• Lack of quality control – It can be difficult to guarantee consistent quality when making popcorn at home. Without proper quality control measures, you may find it difficult to keep customers satisfied.