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Businesses that don't need customers....

Discussion in 'Small Business' started by JessicaP, 4th Mar, 2016.

  1. JessicaP

    JessicaP Well-Known Member

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    Anyone know of any examples?

    Developers who build and hold is the only one I can think of. Even then - are the tenants their "customers"?
     
  2. Jennifer Duke

    Jennifer Duke Well-Known Member

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    I would say yes, the tenants become the customers. I can't think of any businesses that don't require other people (customers, clients or bosses...) - the money has to come from somewhere :).
     
  3. JessicaP

    JessicaP Well-Known Member

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    I'm writing a business plan at the moment for the VBA and it is for our house moving/reno company. We are only doing it for ourselves though so it is a bit of a different business plan to any others that I have ever written. No marketing, competitive edge, promotion or branding needed :cool:
     
  4. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    How do you get paid if you don't have customers?

    A business sells a product or service.
    If you are not selling anything, you don't have a business.
    I suppose share trading could be called a business, but you're still selling to close a position, so they would be your customer.
     
  5. Wukong

    Wukong Well-Known Member

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    If it does not need to be profit making, then maybe
     
  6. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    Aren't they called charities?
     
  7. pinkboy

    pinkboy Well-Known Member Premium Member

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    SMSF holding a CIP and leasing to the members business.

    Business model, but just moving $$$ from one entity to another.

    Essentially no 'customer/s' because all related parties are one and the same.

    pinkboy
     
  8. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    Depends on interpretation.
    I'd still consider our 8 figure resi portfolio a hobby/investing rather than a business.
     
  9. JessicaP

    JessicaP Well-Known Member

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    Business model is to pull equity out of completed projects, use a portion to pay ourselves for the work and the rest to reinvest.

    How have people like Cherie Barber etc done it? They built huge income businesses doing renos for themselves....
     
  10. JessicaP

    JessicaP Well-Known Member

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    But it could be considered a business. I'm only having to nail it down for the Victorian Building Authority.