Owning an RV now is more than just a lifestyle. For some having an RV is an essential tool to start a business. There are already many individuals that are venturing out into RV-based businesses.
In the past, RV rentals were the most common RV business. But now, regular RVers turn their RVs into a business tool and do more creative RV-based business to generate income. A new breed of entrepreneurs is growing in the industry, and they like to be called lifestyle entrepreneurs.
But what are the reasons behind the increasing popularity of lifestyle entrepreneurs? And what kind of businesses has been generated from this new breed of business creators?
As we go into details more about RV-based business, we will also discuss the basic 3W’s: the Why, When, and What to start an RV-based business.
Why Start An RV-Based Business?
It’s pretty common that some individuals would like to assume that starting an RV-based business is expensive. The first thing they would think is that RVs come with a hefty price tag. In a way, it’s true, but many options are available to help you purchase an RV.
There are many loan financiers that now support RV financing. If the first reason why you purchase an RV is for travel purposes, you can check My Financing USA recreational finance to get the complete financing details. And if you get interested later in starting an RV-based business, things will come in handy since you already secured one.
But the question is still why?
RV-based businesses are flourishing that even during the current pandemic, RVers and these so-called lifestyle entrepreneurs are still doing business. Even more so, RVers that run their businesses and work on their respective RVs are thriving amidst the pandemic.
Some RVers that set their business on camping grounds are still operational by strictly following the safety and health protocols.
But it’s not only that, RV-based business offers a lot of advantages such as:
- Low start-up cost
- No physical location/building monthly rent payments
- Less labor cost
- Less maintenance and utility cost
- Can work anywhere and everywhere you want
- Great for a work-life balance
When Should You Start An RV-Based Business?
If you’re thinking and are convinced that starting an RV-based business fits you, the next question would be: when should you start? It’s important to remember that whenever you start a business, timing is very critical. You should evaluate the current situation if it will benefit your potential RV-based business.
Since timing is irrelevant from one business to another, here are the few things that can help you to determine when the right time to start an RV-based business is.
You already own an RV.
This is an important aspect of starting an RV-based business; you need to secure your RV first. If you don’t have one, start searching around local RV shops. You can purchase a new vehicle or work to customize a used RV. Whatever choice you make, make sure that the RV is in top condition as you don’t want to waste money on unnecessary extra expenses.
You have a business plan.
If you already made a business plan for that dream RV-based business, then you’re almost there. A business plan is vital in starting a business, and a solid plan can lead you to success. If you had it all laid out, then you should start gearing up for the road.
Your burning passion.
As they say, a good business is built upon a burning passion or desire. If you start a business out of your hobby or passion, you’re sharing your talent with your customers, and you have your eyes glued to the goal. Starting a business is not an easy feat and not for the faint of heart. But if you’re driven with passion, you can get through every endeavor along the way.
You know your numbers.
One thing that sets a good business owner apart from the others is that they are realistic when it comes to their numbers. They declare their financial situation honestly, and they know that setbacks in business happen.
If you’re confident with your business finances, then you can go ahead and start yours. However, take heed that the monetary aspect in business is fluid. You should stay wise when it comes to your expenses.
What RV-Based Business You Should Start?
Now that we’re almost set, the last part is all about the business pitch. What RV-based business should you start doing? Technically speaking, your business should be what you want to share, your passion, and what you want to do every day? If you have solid answers to those questions, then you know what you want to do.
But in any case, you’re still in a dilemma on what RV-based business you can start. These suggestions might be helpful to give you ideas on what kind of business works in an RV.
Alteration Shop
If you’re into handicrafts such as stitching, knitting, and dressmaking, you can put up an alteration shop in your RV and accept orders on custom dresses or handicrafts.
Photo and Video Studio
Photography and videography sell the best for many RVing businessmen. They get to travel to the best locations, meet different clients, and earn a good talent fee for their projects.
Pastry and Coffee Shop
If you’re into baking and coffee, a pop-up shop could work for you. You can serve homemade cookies and hot brewed coffees on the road, plus it requires less equipment. Just make sure your RV has enough space to place baking equipment.
You can also venture out to the following RV-based business ideas:
- Mobile Library
- Dress Retailing Shop
- Etsy Shop (online business)
- T-shirt Designing and Printing
- Printing Media
- Tattoo Shop
- Hair Styling and Makeup
Takeaway
Traveling and living on the road is fun, but what if you can take your business with you and take it to the streets? That’s just the basic idea of an RV-based business, and since people realized that they can make it happen, RV-based business is now booming. But before you get on the road, know the basics first so that you’re well-prepared and geared up for a business expedition. RV-based business is just like any other business, it’s not easy, but it’s worth it.
Author Bio:
Lauren Cordell
is an active contributing writer for many popular blogging sites. She usually writes for financing, travel, and leisure and shares some freestyle writing on how to take care of pets and raise them. Lauren loves to do yoga on the weekends and usually spends her free time running and trekking with her dog, Lassie. She finds this as an escape to the writing and reading world she lives in.
