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Maxion Research > Make Money > Looking to Make Extra Money? Find Out How Your Shed Could Be the Answer
Make Money

Looking to Make Extra Money? Find Out How Your Shed Could Be the Answer

Leslie Turner
Last updated: 2024/03/04 at 3:11 PM
Leslie Turner
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7 Min Read
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Oh, look at you, sitting there, blissfully unaware of the gold mine you’re sitting on. No, we’re not talking about your sofa cushions, though who knows what treasures they might hide. We’re talking about your garden shed. Yes, that humble, cobweb-infested structure at the end of your garden. You might see it as a place to store your rusty tools and half-empty paint cans, but trust us, it’s a potential cash cow.

Contents
The Potential of Your ShedRepurposing Your Shed: It’s Easier Than You ThinkThe Shed: A Safe Haven for Your BusinessThe Perfect Space for CraftersA Cost-Effective Solution for PhotographersGrow Your Own FortuneTurn Your Shed into a Photogenic SpotYour Shed, Your Gold Mine

The Potential of Your Shed

Do you have a garden shed? If yes, you could be sitting on a gold mine. A study by Garden Buildings Direct has found that homeowners could rake in a small fortune by turning their garden sheds into a micro business. There are many success stories of entrepreneurs who have made use of sheds to bring in cash, from photography studios to chicken coops and even tool rentals.

Everyone has an idea of something they could be doing if they just had some space, and so many of them have forgotten about the spare room in the garden. The US is full of cases where people made use of their shed – or got one for the purpose – and it proved to be perfect for their business to take off, or to make money another way.

Repurposing Your Shed: It’s Easier Than You Think

If repurposing your shed seems daunting, remember that there’s a good chance it’s already perfectly functional and just needs to be cleared. There are some ways to make money, like tool rental, that don’t require any further work to be done to the shed at all.

If you actually need your shed for storage, then why not think about all the ways you can get creative with a summerhouse or even a garden room, giving you extra space in your home permanently – and more ways to potentially make money from it.

The Shed: A Safe Haven for Your Business

Whether you’re an eBay reseller or wholesale purchaser, you’ll need somewhere safe to store your goods and keep them separate from your household belongings. Lots of entrepreneurs use their sheds for this purpose.

Writers and artists need spaces to create. The shed is quiet, free of household distractions and you’re more likely to find your muse in the view of the garden than the road. It also saves the house from paint fumes.

The Perfect Space for Crafters

Anyone who lives with a knitter, seamstress, jewellery maker or other crafter will tell you that their materials soon start taking over the house. The shed is the perfect place both to keep your craft materials and tools, and to use them.

If you’re a sole trader or small business, there’s really no need to rent out an office; your garden shed will work fine, and indeed does for many people.

A Cost-Effective Solution for Photographers

High-street based photographers can spend a fortune renting out their premises. A photographer using their shed as a studio cuts these expenses while still having control over light and backdrops, and a place to store props.

Businesses have been set up to enable people to rent out their tools or other household belongings locally. It’s a great way to make money from things you don’t use often, and you don’t have to do any work to the shed.

Grow Your Own Fortune

If your shed has the right conditions, or better yet if you have a greenhouse, you can use the space to grow vegetables to sell on. You can also use the shed to make and store preserves.

Purpose-built hen houses are expensive, but many people convert their sheds into coops. Look online for some comprehensive guides; you’ll need to create features such as a run, air vents and nest boxes. Remember to make the necessary checks with your council and house deeds to make sure you can keep chickens.

Turn Your Shed into a Photogenic Spot

Garden goods businesses are often looking for attractive places to take promotional shots. If your shed is already a work of art, join a website so photographers can find it.

If your shed is too cluttered to be of any money-making use, clear it out. You might be surprised at what you find in there in sellable condition. Then the space is clear for one of the other options in this list.

Your Shed, Your Gold Mine

So, there you have it. Your humble garden shed is not just a storage space for your rusty tools and half-empty paint cans. It’s a potential gold mine, waiting to be tapped. Whether you turn it into a photography studio, a tool rental business, or a cozy office for your small business, the possibilities are endless. So, what are you waiting for? It’s time to roll up your sleeves, clear out that shed, and start making money from it.

Remember, the key to success is to think creatively, make the most of what you have, and never underestimate the potential of your resources. Your garden shed is a perfect example of this. So, go ahead, unlock the hidden fortune in your shed, and transform it into a profitable venture. You’ll be surprised at how much you can achieve with a little bit of creativity and hard work.

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