Pros:
1. Low overhead costs – A Tiny House business typically requires very little start-up capital, making it an attractive option for entrepreneurs who want to start their own business without taking on too much risk.
2. Flexible working hours – The beauty of a Tiny House business is that it can be run from anywhere, so you don’t need to be tied to a specific location or traditional office hours.
3. Unique product – Tiny Houses have become increasingly popular in recent and are often seen as a stylish and affordable alternative to traditional homes. As such you can offer something unique and different that will draw attention.
4. Low impact – Tiny House businesses are often much more environmentally friendly and have a low impact on the surrounding environment.
Cons:
1. Limited space – The size of a Tiny House means that you’re limited to only using certain types and sizes of materials, which can be expensive and restrictive when it comes to design.
2. Legal issues – There are often local regulations and zoning restrictions in place around Tiny Houses which can complicate the process of setting up your business.
3. Scarcity of resources – As with any business, having access to the right materials is essential. However, it can be difficult to source certain goods or services when working on a much smaller scale.
4. Competition – The Tiny House market is still relatively new and small, meaning that there’s more competition for potential customers than in other markets. This can make it difficult to stand out from the crowd.