Auctioneer
Startup Costs: $10,000 - $50,000
Franchises Available? No
Online Operation? No
Have fun and make lots of money by starting and operating an auction service. The first thing you have to know about becoming an auctioneer is that training is required, and each state and province has its own criteria for auctioneer licensing. However, with that said, there are dozens of auctioneer schools across the United States and Canada. Contact the associations listed below to inquire about auctioneer training in your area. Auctioneers are more than just fast talkers; they are also expert marketers who have an excellent knowledge of the products they sell, the demand for these products, and the target audience of buyers. They must be knowledgeable about this audience, because without buyers in attendance it does not matter what's up for auction. That is why most auctioneers specialize in one or two types of goods, such as real estate, heavy equipment, antiques, automobiles or general goods. Starting an auction service also requires relatively deep pockets unless you contract your auctioning services to other auctioneers. It is a costly business to establish because you have to pay for everything upfront to advertise, promote, set up and run the auction before you receive your commissions, which are based on the total value of the goods sold at auction.
Auctioneer Ideas
Party Tent Rentals
Help people prepare for perfect parties
Party Entertainment Service
Are you always the life of the party? Make it your business.
In-Store Demonstration Service
Do you know how to hold a crowd's attention? Create in-store demonstrations.
More from Business Ideas
He Had a Side Hustle Driving for Uber When a Passenger Gave Him $100,000 — Now His Company Is On Track to Solve a Billion-Dollar Problem
Joshua Britton is the founder and CEO of Debut, a biotechnology company that's doing things differently.
This Mother and Daughter Were 'Kind of Fringe Weirdos' When They Started an Uncommon Business in Their Garage. Now They're in Major Retailers — and Victoria Beckham Is a Fan.
Jenefer and Melissa Palmer's slow-and-steady approach to growth helped their skincare and body care brand OSEA thrive over decades — but lately they've been taking things up a notch.
3 Secrets to Starting a Small Business Side Hustle That Gives Your Day Job a Run for Its Money, According to People Who Did Just That — and Made Millions
Almost anyone can start a side hustle — but only those ready to level up can use it to out-earn their 9-5s.