Renting out Mall Booths:The New Business Strategy

Mall booths are becoming quite popular and incredibly profitable for many small business owners. Once considered an option for the only low-end market, these small booths are now one of the upscale market ways to earn. The appeal of these types of markets is that they are relatively easy to set up, low maintenance highly accessible to a very targeted audience and are less expensive than actually opening up a retail store. Having a business is actually risky what if I tell you that you can earn revenue from mall booths by owning one?

Why mall booths are the attraction?

If you are thinking of buying a mall booth I would suggest it is one of the highest demanding businesses right now and it is neverending. Participating in markets are one of the initial things that small businesses are opting because it gives them an opportunity to actually cultivate a real connection with customers. It is also manageable and affordable for businesses to showcase their ware in real life, it is more like a popup shop rather than having a full brick and mortar location.

With the cost of establishing a permanent retail shop at an ever-rising rates people mostly go for this idea. With leases that are spanning from 3 to 10 years, mall booths are a lot easier option to get a foot in the door with a lot less risk.

“The least expensive option for startup ideas is to rent a space for a short-term or a temporary way and see how it goes.” This sentence makes a lot of sense for small businesses. With a permanent mall location, there is no fear of having to buy a shop or cart for that matter.

Other big reasons are business license. It’s not a very tiresome task for the person who buys the booth but small businesses who are looking for space, think of it as an extra step for them. So renting from a mall space is one of the best options for them as it is permitted for business and also insured.

Related Post: Spaces for food truck parking

Selling from a booth is not only fun but also very profitable. Having your own booth and letting it out can be such an extraordinary way to do business. You don’t even need to worry about making a profit. You can even have your own regular job and put this booth up on rent. If it’s online you need not worry about it.

If you already have a booth then read further to know how to find business from them. Booth spaces are highly functional during the holiday seasons. As I said it is just as popups, popups are seasonal and booths are too. People have holidays during these times and so the crowd in the malls are packed with different types of people. So each and every brand from food brands to handicrafts are all looking for a small place in malls to make some money. During these times the price of renting the booth can be increased considerably. Willingness to rent will still be the same.

Also, another thing with malls booths is, it isn’t mandatory for you to have it in one location all year long. You can have them at different malls at different times of the year. So you can find new businesses in new locations each day. If you think that buying a booth is expensive. Believe me, you can have your own booth designed at the desired amount.

We at Myrsa make this idea of renting out your booth very easy and convenient. You just need to list your mall booth on our website and start earning.

Some things to keep in mind while listing your booths on Myrsa are :

1 What type of booth do you have? How many spaces are available for products to be placed?

2 Do you plan on renting out during the holidays and what are the extra prices during these times?

3 How long do you want to rent out your booth? It can be anywhere from 1 day to several months.

Just a few steps and you are ready to get started. Isn’t it one of the easiest ways to earn. Sit at home and control whats been done in your booth with Myrsa. Stay tuned for more unique ideas to earn. Subscribe to our blog at www.myrsa.in.

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August 24, 2018 0

How to list your society clubhouse on rent

Society clubhouse on rent for party hall

In today’s world, people are more about earning funds through smart way, but Myrsa will show you the smartest ways to earn by monetizing your vacant spaces. Your society clubhouses prevail empty throughout the workdays. It may be utilized for a particular time of duration in the evening’s rest of the time it remains empty. What if I tell you that your society clubhouses can generate revenue for you? Your clubhouses have a bunch of accessible spaces moreover if you think about it then several activities can be carried out at your clubhouses. But bringing that thought to reality can be a tedious task and so people wouldn’t opt for it. Earning from your clubhouses can be an excellent manner for societies to secure some additional funds and it is a remarkably smart way to earn.

Myrsa will help you list your space and make it available to different types of brands. This is a unique concept and has an online platform, it is easily accessible and convenient to manage what is been done. Monetizing your space and giving it out only when you wish to, doesn’t that sound interesting? Many people desire nearby reservations to conduct their activities. Myrsa helps you to give your society clubhouse on rent. And the people who need them will contact you.

What can your clubhouse space do?

Let me start off by saying it comprises a wide range of activities. Your clubhouse can hold classes such as Yoga, Music, Zumba, Martial Arts furthermore upskilling classes such as cooking, health and nutrition workshops, personality development sessions and language classes. If you hold classes in your own clubhouse then even the society members will benefit from it.

In India, events are a neverending business. It starts with your child’s birthday party to a huge event like marriage or any other ceremony. Many types of ritual and even festivals like Ganesh Chaturthi or Durga Pooja need a space just like your clubhouse.

Related post: Your space is your leverage!

Additionally, foodies are always around the corner looking for new places. Every day there is a new cafe or a new bakery that has been started. These people need to promote their food i.e food tasting sessions or even competitions such as cooking competitions are held in such spaces. Moreover, different activities like health camps or charity exhibitions can be held in your clubhouses. Helping out someone for a good cause will not only make you feel better but, you will have a lot of well-wishers. It’s your space so you decide what is to be done with it.

Listing your clubhouse is easy, just fill in the details and go active. You will then receive notifications on your mail or SMS whenever someone is interested in a place like yours.

Here are a few tips on how to improve your listing

Be as clear as possible in describing your space & venue (access, size etc.) and upload multiple photos as possible. Highlight key attributes such as a nearby attraction.
Maintain the type of access you are willing to provide (full, partial, 8am-6pm etc.) – this is an important factor for many Renters.
Mention clearly in Host Rule whether you are willing to provide multiple entries to Renter and price accordingly.
Review the price benchmarks and set rates accordingly.
Be clear on what are your “Host rules” from the start to avoid awkward conversations down the track. justify, if you have mentioned entry between 8am and 6pm and Renter request to get access at 8pm, please don’t agree. This is to avoid confusion and safety risk associated with it.
Respond (within 24 hours) to rental requests by SMS or phone.
Arrange site visit (if required) and keep storage area clean and tidy for move in.
Upload your photo and provide details which give renters confidence in the transaction.
Complete your transaction via our payments platform only. All transactions completed via our site are covered and are protected by the terms and conditions of use. We cannot guarantee any rental payments completed outside our gateway.
After your first transaction, leave a review for the renter and our site. Your referral helps build trust in you, other renters and our marketplace.
Be patient! Building a marketplace takes time, and the average time to match a renter is between 30-45 days

Related post: Mobile Payments accelerating Pop-ups

A lot more spaces are available around you and Myrsa enables you to make the most of it! Stay tuned for more ideas!

August 23, 2018 0

Spaces for Food Truck Parking

The food industry is growing massively in India. Food Truck is the next big thing in this industry as it is trending nowadays. The large vehicle loaded with tons of foods and a variety of cuisine from Chinese, Italian, and Fast Food etc. that grabs the attention of people. But starting a food truck business and running it successfully is a big challenge. As there are specific zoning regulations in each town, city, state, and country and you need to park your food truck according to those regulations. Is finding the perfect space to park your food truck a big problem?Myrsa can resolve this problem as we can help you to find the Prime locations for your food truck parking.

Do not park your Food Truck here

Never park your food truck in a No Parking Zone.
Don’t park your vehicle on the spot you have not paid the rent. You may have to pay fine.
You shouldn’t park your food truck facing the street it should always be facing the sidewalks.
You shouldn’t park your food truck near the restaurants. You might be breaking the law and also park your truck at a specific distance from the restaurants.
Never park your food truck in someone’s private property without the owner’s permission.
Finally, you shouldn’t park your food truck near Fire hydrant, Bus stop or Crosswalks.

Where to Park your Food Truck

Park your food truck near large office buildings or downtown areas like school, college, parks, shopping centres or a place where you can target maximum Customers.
Park at a festival or event. You will get a great boost to your business and also a great following to your food truck
Set your food truck at the business or office park because the office workers are always looking to try something new

Related Post: Your space is your leverage

Prime locations for your Food Truck parking

1.On the street

Street parking is one of the best places to start your food truck. However, finding a great spot for street parking is not that easy as it sounds. You will have to think about your target and then find a perfect location. For example, if you wish to start a food truck for ice cream then parking spots near the school and shopping centers can be used. So you need to think as per your target audience where you want to park your food truck on the street.

2.Food Truck Parks

You must be thinking that parking your food truck near another food truck might not be that great. However, parking your Food Truck in an event or at some place where all the food trucks are parked might help in increasing your sale. As people like to experiment with new dishes they taste something from each truck so this space can really be helpful for food truck owners to boost their sales

3.Outside Business Parks

When you can’t find a perfect street parking for your food truck then parking it outside an office or Business Park can be a great option with all the permissions taken to park. As employees of the office can reach you easily during their lunch break. You can also reach out to the companies and provide catering services and they will also be interested as it would be cost-effective, no maintenance required, and a fun option to provide food to their employees.

4. At a Festival or Event

You can’t miss the opportunities to sell at a Festival or Event. To feed the masses at the Festival or Event Food trucks are really convenient. You can present your Food dishes to a huge crowd of people and increase your following. You just need to park near the prime spot of the venue and you can catch a lot of coming and going traffic

How Can Myrsa help you?

Myrsa’s policy of Temporary renting spaces can be of great use to you. Myrsa helps food trucks find temporary open spaces, open ground, vacant office park, parking lots etc. so they can grow their business. Finding a good venue for parking your food truck is now not so difficult. Just log in to Myrsa and book the best parking space for your Food Truck. Myrsa let space owners rent their space temporarily in no time and let the empty spaces get connected with the new food trucks in town.

After all, Myrsa is all about people meeting people!

August 16, 2018 0

The endless benefits of having Yoga Classes Near Me

Yoga is no longer an exclusive pastime for the athletic, healthy and flexible, nor the uber-cool hipsters. This ancient Hindu discipline is quickly becoming Mumbaikars preferred fitness activity, undeviatingly challenging the traditional gym setup – besides if it’s good enough for Shilpa Shetty and Akshay Kumar then it’s surely good enough for us!

Yoga is presumed to improve your health and fitness and make you relax and de-stress from your busy life. It is important that you include it in your daily life. In the former times, yoga was not just a form of teaching but it was just a way of living. People had good eating habits that made their life easier the active life that includes you doing your household chores furthermore going to work and coming back home tired. It becomes really hard to make time for yourself. Several people often contemplate joining yoga classes to keep themselves calm and relaxed. But it so happens that they do not have enough time to attend classes or find one too that’s perfect for them. If you begin to search for “yoga classes near me“, you can probably find many of them yet they cannot be at your convenient time or place. Finding a yoga class that’s just near you can be a tough work.

Benefits of yoga are endless but here are some of them…

Yoga makes you happier. Who doesn’t like to be happy? It has been proven that doing yoga for a week regularly can considerably reduce stress and make you happier. Being happier gets all your work done faster and makes you extra time to spend with your family. It also helps you focus. Having a high focus level can make you perform better at work likewise it can also make you perform better at different sorts of activities like reading, writing, driving. Doing yoga can help you sleep better.

Waking up and traveling to your classes every day can make you want to not go to classes and adds up to one of your excuses to not stay fit. It becomes really boring to travel to classes and then to your work. But what if your yoga classes are on your terrace or in your building clubhouses? That sounds interesting right. Waking up and directly going to your classes makes it so much better. Other places that yoga class can be held are in your offices. Calming down at your office space and going in with a fresh mind to work can give you the motivation to perform better. To make this concept easier we at Myrsa have come up with this unique idea that will benefit you.

What does Myrsa do for you?

Hosting yoga classes near you can be very easy just list your spaces at Myrsa and let the brands come in contact with you and rent out the open spaces on a temporary basis according to the available time. Here are a few ideas that you can use to make your unoccupied spaces a source of earning.

1. Yoga classes at your Society

Societies are one of the places that you can start with. You can have your yoga classes in your own society. Society clubhouses or common areas stay free during early mornings. This is the time that you are free to attend classes. Waking up early to attend classes that too in your own society can be a great way to start doing it every day. Myrsa helps you to list these spaces online and lets the yoga teachers who are looking for spaces start their own classes.

Related Post: It’s a win-win!

2. Yoga classes at Garden/Ground.

If you have a ground or a garden near you that is left unoccupied then that can also be a good place. The fresh morning air makes it so much more relaxing to do yoga. Around 60 percent of the people do yoga nowadays and so gathering people from nearby and having classes hosted on your open ground or garden can motivate you to do yoga every day.

3. Office space for yoga class

Another good place would be your own office. Starting your workday by having classes in your own office space can be a great idea. This will also save your time to travel and as you go to work every day, yoga will then become part of your routine.

4. Assembly Halls

Schools are places where there’s a lot of space that remains unoccupied. Assembly halls of schools can be a great space to use. Community halls are also unused most of the times this can be made use by hosting yoga classes.

Yoga classes can be both useful for you and your spaces nearby.

These are the different ways in which you could start your yoga classes near you. And make your life a bit easier. The beauty of yoga is that it can be practiced anywhere or on your own or with other people who are just as enthusiastic as you are. If you have been inspired to give yoga a go then start just now by listing your nearby open space on Myrsa.

August 13, 2018 0

Author: Myrsa Dev