Report: Analyzing the Business Idea of Residential Cleaning Services

This report explores the business idea of establishing efficient residential cleaning services. It introduces the concept, emphasizing characteristics like innovativeness, uniqueness, and profitability. The report outlines the services offered, including cleaning of homes, offices, carpets, and windows, and discusses niche services that can differentiate the business. It highlights the accessibility of the business, requiring low economic commitments and minimal experience. The importance of a business idea in strategic planning and achieving both short-term and long-term objectives is discussed, along with the significance of market research, competitor analysis, and building a professional network. The report further emphasizes the advantages of a well-developed business idea, such as revenue stream creation, network building, brand development, and both active and passive income generation. References to relevant research papers are also included.

Running Head: BUSINESS IDEA 1
Business Ideas
Name:
Institution Affiliation:

BUSINESS IDEA 2
Introduction
Business ideas refer to the concept that can be utilized for financial gain. The idea is
usually centered on the service or product that can be offered for monetary gain. The idea is the
foundation of the pyramid when it comes to the entire operations of business (van der Valk &
Wynstra, 2014). Some of characteristics of the business idea comprise of innovativeness,
uniqueness, problem-solving, and profitability. Besides, business idea is always connected to its
creators that desire to identify the value propositions of business in order to launch to different
marketplaces as well as to establish competitive merits (Peters, 2014). Therefore, business idea
in this research paperwork is running the efficient residential services of cleaning. The idea
focuses on how to provide efficient services for cleaning within residential areas by taking
necessary ideas. The needs to be committed to staying organized as well as provision of excellent
services to different clients can help the business operator to run an efficient cleaning service.
Business idea of running the efficient residential services of cleaning
The business of provision of cleaning services among residential homes can comprise of
activities that offer cleaning. The idea also offers reinstatement services to both housing together
with commercial marketplaces (Engelland, 2014). The kind of operations that can be offered in
this practice can comprise of cleaning of homesteads and interior spaces of office, carpets, along
with windows. Besides, individual cleaning services for residential home can aim at offering
unique or specialized services that can help in differentiating themselves from the broad range of
competitors that might be within the industry (Teixeira & Werther, 2013). The business idea of
opening the efficient residential services of cleaning can be relatively accessible since these

BUSINESS IDEA 3
franchises typically have low economic commitments and require few education or experience
requirements.
The more common business idea for cleaning services in homestead comprises of
different niche that is to be considered either as stand-alone operations or as companion
businesses to primary ideas of cleaning organization. These specialty services need altering
levels of training, skills, and equipment (Peters, 2014). Some of the vital requirement for running
the efficient residential services of cleaning comprises of getting proper licensing and getting
clients. The business idea of performing such cleaning services needs to deliver excellent
service, keeping supplies stocked, sticking to the schedule, and to develop the set payment
schedule.
Importance of business idea of running the efficient residential services of cleaning
A business idea is a very useful strategic device for different entrepreneurs. A good
business idea or plan for running the efficient residential services of cleaning does not just help
entrepreneurs to concentrate on the particular steps necessary to make their operations succeed.
However, business ideas in such cleaning operations assist entrepreneurs to attain both their
lasting and short-term objectives (Benjamin, Nisim, & Segev, 2014). Therefore, coming up with
appropriate business idea poses more advantages if an individual understands how to create it
successfully. Not only can the business ideas grow to become income to an entrepreneur, but the
idea can also offer the entrepreneur with a firm business network. Therefore, fundamentals to
developing the best business idea such as running the efficient residential services of cleaning are
researched the marketplace. There is a need to understand competitors and attain professional
collaborators to aid entrepreneur with their business idea. Therefore, as the entrepreneur, having

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appropriate business idea helps an individual to define and focus on the entrepreneur’s business
strategy (Falconer, 2016). Through business ideas, entrepreneur is able to make sound decision
on how to operate in the market.
A business idea such as the one developed in this study (running the efficient residential
services of cleaning) has importance in advancement of a region and individuals involved in
management of such businesses. For instance, business ideas help in building revenue stream.
The successful business idea can be efficient in creating a steady stream of income, relying on
the direct desire for the service as well as product in question (Nikolov & Stoyanova, 2015). The
other importance of business idea if creation of a network. The major reason for creation of
business idea is to attain both competitors along with collaborators. Business idea leads to
expansion and brand building. Having appropriate business idea such as that deal with offering
efficient cleaning services in homesteads lead to development of a single idea into the successful
brand. Moreover, a well-organized and developed business idea that concentrates on running the
efficient residential services of cleaning gives to entrepreneur both active as well as passive
streams of income (Engelland, 2014). The active income here refers to the income paid to
entrepreneur as they perform cleaning services.

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References
Benjamin, O., Nisim, S., & Segev, G. (2014). Corporate Social Responsibility as Shaped by
Managers’ Role Dissonance: Cleaning Services Procurement in Israel. Journal Of
Business Ethics, 130(1), 209-221. doi: 10.1007/s10551-014-2213-9
Engelland, B. (2014). Religion, humanism, marketing, and the consumption of socially
responsible products, services, and ideas: Introduction to a special topic section. Journal
Of Business Research, 67(2), 1-4. doi: 10.1016/j.jbusres.2013.03.005
Nikolov, K., & Stoyanova, T. (2015). New Public-Private Partnership Management idea in
manufacturing business. Perspectives Of Innovations, Economics And Business, 15(3),
95-103. doi: 10.15208/pieb.2015.09
Peters, G. (2014). The Big Idea Magnificent Seven S. Business Strategy Review, 25(2), 74-75.
doi: 10.1111/j.1467-8616.2014.01074.x
Teixeira, E., & Werther, W. (2013). Resilience: Continuous renewal of competitive advantages.
Business Horizons, 56(3), 333-342. doi: 10.1016/j.bushor.2013.01.009
van der Valk, W., & Wynstra, F. (2014). Variety in business-to-business services and buyer-
supplier interaction. International Journal Of Operations & Production Management,
34(2), 195-220. doi: 10.1108/ijopm-12-2010-0423