Business Broker Versus Merger and Acquisition Advisor - The Monthly Fee Objection
Probably the biggest objection that we get from potential business sellers is, “I’m not going to pay you a monthly fee only a success fee when you sell my business.” These business owners have met with business brokers that do not charge a monthly fee and believe that a Merger and Acquisition Advisory Firm should agree to the same pricing structure.
For many types of businesses I would agree that a seller should hire a business broker and not pay a monthly fee. If that business is a smaller “Main Street” business like a dry cleaner, gas station, convenience store, restaurant, or other business to consumer organization, a business broker will be fine. They generally are selling these businesses to individual buyers and not to corporations. A very important point, an individual buyer will never pay strategic value for a business. He is buying a job. The Main Street business sells for a rule of thumb financial multiple.
For business brokers the selling approach is more passive than the approach of a M&A Advisor because a BB has to have a large number of transactions going at one time. He is therefore limited in the time he can devote to each contingent engagement. Their selling approach is often comprised of putting the listing on a business for sale Web Site, placing a business opportunity ad in the Sunday paper, and sending a mass email to their accumulated list of individual buyers.
A business that is business to business or B2B is more likely to be acquired by a corporate buyer. Reaching these buyers is far more difficult and far more labor intensive. Mailings are no longer effective, email does not work, business for sale Web Sites are not visited. The method that works is the old fashioned dialing for dollars approach. Reaching the targeted decision maker takes an average of ten phone dials.
When you do get through, you have about 30 seconds to articulate the opportunity and establish your credibility. The M&A firm’s objective is to interest multiple strategic corporate buyers and get a competition going. That can result in some very lucrative exits for their business owner clients.
Another common objection that we hear from business owners about the monthly fee is, “We want you to have skin in the game. If you get the business sold and we win then you win.” At the lower end of the middle market the monthly fees are normally in the $5,000 to $10,000 per month range. The M&A firm will be performing $15,000 to $25,000 of work if it were to bill the client hourly. The M&A firm, on this basis, usually has as much skin in the game as the business owner incurring the monthly fee. If the M&A firm does not complete the sale, they lose money on the engagement.
Conclusions The deciding factor is in cost benefit. An M&A firm is going to cost a lot of money and you are going to be paying either an up front or monthly fees without a guarantee of success. If your business is smaller and is a commodity type business or Main Street business where the target buyer is an individual, an M&A firm will not add much value and is not worth the fee.
If your business is larger, complex, unusual, strategic, with a high component of intellectual property or technology and subject to a broad interpretation of value in the marketplace, an M&A firm is the right choice. In the final analysis, is a swing of 20% in your company’s selling price worth $5,000 per month for 8 months?
Perfect Wealth Formula Unveils Online Success
Easy Daily Cash, EDC Gold, and Perfect Wealth Formula are superb for generating immediate income; but their big downside is that they do not generate long-term, residual income.
Moreover, like all internet-marketing systems, they tend to have short lives compared to well-established MLM’s.
Also, the average annual income of top internet marketers falls far short of that of top network marketers.
But it’s equally true that even the most successful network marketers face formidable challenges that internet marketers don’t have to deal with.
Two of the most important are: 1) A good source of highly qualified potential partners; and 2) getting new partners into positive cash-flow before they become discouraged and drop out.
Rick Jorgenson, founder and CEO of TycoonWealthBuilding LLC, in a brilliant flash of insight, recognized that these two wealth-building approaches, if carefully integrated, can complement each other elegantly. By offsetting each other’s shortcomings, they can provide a highly accelerated way to achieve complete time and income freedom.
Acting quickly on this insight, Rick has now created the Total Wealth Solution–integrating Perfect Wealth Formula, the most outstanding internet marketing system on the planet, with Shaklee, the world’s most venerable and rock-solid network marketing company.
Although they are opposites in many ways, each of these two business entities provides what the other is lacking. In combination, they comprise an ideal team–truly a Dynamic Duo. Rick and the excited members of his team happily refer to this union as “a marriage made in heaven.”
In summary, this hybrid marketing system consists of two key components that are essential to optimal, long-range wealth generation: 1) A “Get Instant Cash” (GIC) program through Perfect Wealth Formula; and 2) a Residual Income Formula (RIF) through Shaklee.
With the advent of this revolutionary new hybrid marketing model, other internet marketing systems, such as EDC Gold, PassPortToWealth, Global Resorts Network, Coastal Vacations are at a serious disadvantage. The same is true for a myriad of other MLM’s.
Simply put, this is the best in online marketing training, to help home based business entrepreneurs become the successful people they want to be.
To be successful in any business opportunity, one must be self-reliant, and be able to pass on that self-reliance to others they sponsor.
The Perfect Wealth Formula, with it’s Power House Marketing System, is the perfect way to educate yourself, and pass that knowledge up to those you sponsor, making them as self supporting as your are. Then, for all of the people you share the Power House Marketing System with, you can generate a secondary income stream. Likewise, so can they.
One of the greatest challenges we face in getting a home based business started is the ability to generate quick cash flow. This is a real key to creating the “success formula” needed to sustain the activity level needed to get to the “tipping point” in your business.
What if you could create almost immediate cash flow for your new sign ups while building the long term base for their Home Based business?
What if you could also create a number of highly qualified potential prospects at the same time you are generating this cash flow?
To build a successful network marketing business you need two essential elements:
1. A proven GIC (Generate Instant Cash) program to create both immediate cash flow and prospects for your business.
2. A proven RIF (Residual Income Formula) to create long term, sustainable, walk-away income stream.
By combining these two powerful methods together you can successfully “marry” them together and address these two essential elements in building successful home based businesses to get the best of both these worlds…
Internet Marketing (GIC Program) - with its ability to reach out to massive amounts of people in a short period of time thus creating the opportunity to generate IMMEDIATE cash flow while at the same time bringing in highly qualified people for your business and…
Network Marketing (RIF), with its ability to leverage both time and people in a way that build MASSIVE residual income, $30K - $70K a month in a 2 to 3 year time frame, folks this is income that I like to call WALK AWAY MONEY because once you build your business to this level you can literally walk away from it and still having that money coming in month after month.
A proven RIF (Residual Income Formula).
Creating a viable and sustainable home based business requires two different elements. We talked about the first element above, a GIC program that generates almost instant cash flow allowing YOU to realistically self fund your business while ringing in good prospects at the same time.
The second, and critical, element is to implement a proven RIF program that will generate a long-term, residual income stream for your business.
What is Residual Income?
Residual income is money earned today on the work you have done in the past - which means, you can live the life of your dreams and still earn an income to support it while you do. And yes, it is available to everyone when it comes to building a Network Marketing business.
It’s really pretty simple in Network Marketing to build a residual income. It’s simple, but not easy. You do need to invest some time up front in training to learn a few secrets about this fast growing industry. But if done right, you will reach the point where you will never have to work another day in your life!
Step-by-Step Guide on Niche Product Creation
Creating niche products are as simple to some as it is complicated for others. There are the lucky those who can churn out niche products after niche product with the ease of a magician pulling out tricks. Still there are those who struggle even when the ideas had already struck them. Pulling it off just isn’t as easy when compared to those who have done it, sometimes time and time again.
There is a simple method though that are usually followed by the more experienced in niche marketing. Compiled here are the common approaches that can prove to be helpful.
Here is where they usually start:
Finding out where the main interest lies.
Pretty much the same as approaching a hobby, niche products creation works better when the creator of the product has passion in what he does. The creator sometimes digs deep into his interests, sometimes not, but always feeling that it is there, ready to be taken out of its boxes.
Niche products creation may or may not require much thinking at first but when it is identified it will require lots and lots of planning. The main thing though is that in any niche product creation, the creator must have a deep interest in the product that he is trying to create. This not only ensure the products birth but also sustains it trough the hard work that will be lying ahead. All has to start from within.
If it is not an entirely new product, niche product creation can also focus in improving existing ones.
Most niche products creation are actually improvements and innovations from those that are already selling. Yet the marketer has developed a sensitivity to what is needed to improve a product and sell it better.
Combining ideas and improving on them.
Also very much similar to the practice on improving on existing ones except that niche product creation in this approach combines many ideas and approaches of improvements on different angles.
Solving a problem.
All niche product creation has to solve a problem or a particular need. Planning and conceptualizing has to focus on this.
Adapting an existing product and marketing that on a different niche.
A product for example that is marketed as a thirst quencher can be remarketed as an energy or tonic beverage.
Using the current selling trend
Use of current hot trends and building your niche product creation from them.
Combining products and repackaging
Providing products have no restriction stipulated in its master resell rights terms, you can bundle these products, repackage them and sell them as a set.
When the product is ready, you can,
Use of public domain information
You can also find work whose copyrights has expired in the “public domain”. Search engines can lead you to them at no extra cost. These can also be reworked and make it into a selling product. Using catchy .com domain names gives your product a perceived value that will add traffic to your offering.
Utilize private label products
These are products created by another that you can re brand and sell. Usually these comes in the form of written content that could be adopted by modification and adding your own version to it.
Conducting surveys on the net.
Your web visitors are also good sources of information on the product that can be used for niche product creation. Post a survey questionnaire on it and valuable information can be then sifted for your product.
Asking questions gives you excellent opportunities at creating new product niches.
Setting Up An Internet Business With Ease
The arrival of the Internet has radically changed the way business is done. It has changed some of the fundamental principles of doing business, especially when it comes to small and medium-sized businesses. If you are looking to set out on your own and start a business on your own, you should definitely look into going online. Opening an online business is a very viable option nowadays.
Some Pointers to Starting an Online Business
You have to know how things work before you actually start using them; that is a simple axiom for any thing you do in life. The first step to starting an online business is to read up and gather information about how business on the Internet really works. Knowing about the medium is the key to being successful at any business, be it offline or online. So the first thing to do if you are considering opening an online business is to do your research thoroughly. The Internet itself is the best place to look for material and tips on starting an online business.
Besides knowing about the Internet, you also need to be clear about what sells well on the Internet. Online business is affordable and convenient, true, but it certainly isn’t a walk in the park. The best way to a successful online business is to be able to identify a key niche that you can excel in, and concentrate on providing products or services in that specific area. A lot of people flounder at online business simply because they have not been able to narrow their target market to a single specific area. This, coupled with the lack of basic knowledge about the Internet, are the two killers that can cut your dreams of being a successful online entrepreneur short.
Types of Online Businesses
So what kind of an online business can you hope to start? Actually, there are tons of business models that work well online. You could opt to start an online portal that sells third-party products via a website. Another option would be to have a website with content related to your area of choice, and then you would bring in money in the form of advertising revenue. Of course you can always setup your own e-commerce website to sell your own products or services. Your business can be business-to-customer or business-to-business. The limits are really only set by your own limited thinking. New business models are being invented every year.
Another kind of online business might be to operate an affiliate marketing program. You could also consider network marketing as another option. A good way to go would be to read up thoroughly on affiliate marketing; you can apply the same principles to the concept of network marketing, as the two require similar skill sets. These two business models do not require that you have your own website.
Advantages of an Online Business
One of the biggest advantages of an online business is that it does not require large scale capital investment. That does not mean that you can kick off an online business for free. Anyone who tells you that you can is trying to pull a fast one.
For starters, your overheads are reduced drastically. You do not need to invest in office space, office accessories, transportation, and other such items that are so necessary for a traditional brick-and-mortar business. Where online businesses score over traditional brick-and-mortar businesses is in cost efficiency.
Besides, the Internet is a very robust platform that ensures speed and efficiency in two key areas of business, communication and marketing. We all know the advantages of e-mail over snail-mail. Other benefits of setting up an online business include the ability to work on your time and at a place of your choice, a global marketplace against the localized markets available to small and medium offline businesses, and the possibility of making your entire business paperless and totally automated.
Not only that, doing online business is considered to be a thoroughly eco-friendly approach, as you negate the chances of polluting the atmosphere through gas emissions and help conserve trees by going paperless. There’s no more eco-friendly commute than from your bedroom to your home office!
Conducting business online does cut most of the major costs associated with running a business, and though it may be easier on your wallet, that doesn’t mean it will be easier on your workload. You’ll need to pull up your bootstraps, find your customers, and execute a solid business model. Do that and who knows, you just might be the next hot company.
Best Things You Must Know Before Starting A Work From Home Business
There is a keen pleasure in the reward of one’s own efforts and Endeavour, while the gifts of fortune imply inherited wealth, a legacy or a lottery prize. It is a psychological fact that the fruits of labor afford much greater delight to a man than the gifts of fortune.
The pleasure in gifts of fortune can never be genuine or deep. A man who has inherited a vast amount of wealth but has earned no money by his personal exertions maybe happy, but his happiness is bound to be superficial. He feels uncomfortable when he realizes that others regard him as a drone or as an enterprising fellow. He has a secret sense of guilt in making use of the wealth that his forefathers earned.
Nowadays, in this modern world every man can make his own living. There are many options and the well known one is called the work from home business opportunity. In this modern era of computers and internet, it is very easy for people to communicate with each others thousands of miles apart by just sitting in front of their computers.
As I said before the environment present today is ideal for any work from home business opportunity. Many people are reluctant to start, as they fear failure. But that is natural and good, as no one achieve good without fighting his fears. The good thing about work from home business opportunity is that you can work on your spare time. You can do it along with your full time job without worrying about odd times. You can start the business with a low cost that means, even if you fail at first the loss would be low too.
As you are your own boss, you have an opportunity to invest all the time and extend your profits. With a work from home business you can manage your own time, you can easily take out time for your family and friends. You have a free mind of not giving rent to office space as a work from home business covers it all. You can start your work at any time of day or night without worrying about leaving your home as you are your boss and it is you who makes the rules.
Work from home business opportunities are best for people who are struggling to pay debts and extra rents or for people who want extra money in their bank accounts. The biggest advantage of work from home business for a married man is that he can stay with his children all day long. Even if home business is taken as a hobby, it will be the post profitable and self-fulfillment hobby one could have. But one has to beware of frauds all the time. There can be many pranks on the internet posing that they would help earn millions in a limited time. One has to keep an eye open for what is right and what is wrong. He should not take shortcuts in life and should always work positively.
How to Get a Grant For a Child Care Center
There are many questions circulating these day’s on how to get grants to start up a small business or daycare. Unfortunately I’m here to tell you that if you are a non-profit daycare finding free money will be difficult. But don’t give up, just because the government is unwilling to supplement a business start ups cost doesn’t mean that it’s totally hopeless. It is your duty to be creative in coming up with the supplies that you will need to start up your business.
In the home study course, www.ExpertsAtDaycare.com many of these issues are addressed. Realistically you can set up a very profitable business if you think a little differently from everyone else.
One tip is non-profit independent child care business owners can try a service called,Foundation Grants to Individuals Online. This service is an online listing offering grants to individuals in the U.S. To learn more you can go to http://www.fdncenter.org. There is a charge of $9.95 per month for this service.
Here are some important steps in finding childcare grant money:
1. Do your due diligence and research. Your first step should be calling your licensing bureau office, referral agency, and child care organizations. The other organizations that also should be called an are affiliated with childcare are: Head Start, Child Care and Development Fund, Social Services Block Grant, Child and Adult Care Food Program, Even Start, Individuals with Disabilities Education Act.
While these organizations are affiliated with childcare, you also may be able to find an organization that would be willing to grant you money. Keep into consideration backyard organizations such as: Lions, Rotary, Kiwanis, and United Way.
Also, keep in mind corporations and businesses in your area. Many a time I will enter a business and ask them if they have anything they would like to contribute. One example would be going to a paper factory, stationary etc or any office that throws out paper. Remember, you need paper for your daycare and would be able to utilize what they consider trash.
2. After you have contacted the above mentioned organizations your next step would be to request their guidelines and applications. At this point and time necessary information should be collected to determine whether you and the funder are a good fit. One research tool that would help you in your determination would be Grant Smart (http://www.grantsmart.com/search/search001.html)
3. Write a description of your need for money. You will have a discuss why you need the money and what your purpose will be for those funds. Other questions that you should be asking yourself is, why should the project be done?, how long will it take?, how much it will cost?, who will do the work?, and most of all, how will it impact the quality of childcare you will provide?
4. Prepare your proposal letter. Your letter will encompass and expand on why you need the grant funds, and what your purpose is behind it, and how it will benefit your program. Be sure to include any statistics and demographics that will influence your cause. Attach any letters of support from parents, people in the community advocating your project. As well, make sure that you have fine tuned any financial numbers or budget considerations for this project.
5. Be patient and organized. Make sure that all your papers are organized into folders; there will be a time that you will need to wait. Fund organizations do receive other proposals so be patient.
(c) CG Groth Inc. 2007
How to Make Money on the Internet Despite Obstacles
You must really work hard to make money on the Internet. Are you doing it the right way? This article will trigger your excitement to make money on the Internet despite all the obstacles that you will encounter on your path of success.
From the first day when I started an Internet home business opportunity a couple of moths ago, all that you read about were that the money is in the list and that has not changed. The way you build your list has changed, but you still need that list, if you want to be successful with your internet home business opportunity.
What type of reaction do you get from setbacks? Do you just give up, or do you find an alternative solution to the problem?
The way we handle problems is one way of distinguishing features of those who become successful, and those who let circumstances get in the way. It’s almost a given fact that at some point along the way, whatever you are trying to do, you will be confronted with that nasty obstacles. Nowhere is this more apparent than in the business world. The internet home business arena is certainly no different.
Despite the many offers for instant, turn key businesses, circumstances can change, things can go wrong, and ideas can fail which will lead to many unprofitable results.
As a typical example, I recently found an easy way to promote several programs. The system comes with auto responder messages; however, just this afternoon when I logged into the auto responder account, I discovered I could not upload any of the leads that I have purchased. I was irritated at first, with some online research I found another auto responder service that did allow the uploading of purchased leads.
The only problem I was faced with was how to transfer and reconfigure these purchased leads to this new service.
I tried sending the leads as text messages. That seemed to work at first. Then I got a message that I could not send any more leads. The auto responder service though that it was still a free account, even though it was upgraded recently. Mild frustration crept in because I had to copy and paste the rest of the leads.
Then, my computer stopped registering the right click of the mouse. The though of was it one of those days. Fortunately, I knew that the simultaneous use of ‘Ctrl’ and ‘C’ will copy the data.
The point is, even with time saving supplied business elements, things can still go wrong.
Instead of looking at the negative consequences of the problem you are facing at a given time, why not also look for the various new opportunities that are available. Changing your perspective, lateral thinking, can transform the way you market your business.
To summarize this article you can make money with your Internet home business opportunity | work from home, if you are prepared to learn and willing to work hard at it. Set your goals and follow them. Goal setting has given thousands of people all over the world a successful way to financial freedom.
Health and Wealth, Understanding The Nature of The Beast
So, how do you get healthy and become wealthy at the same time? Some of you may know that during the 90’s there was a crazy & unpredictable surge of both good as well as bad home or networking businesses if you will. Some did extremely well while others crashed in burning flames along with those involved in them and others simply continue to struggle.
As a result of those who crashed because they were based on bad ideas, dishonesty or some crazy pyramid scheme…etc. People started to develop some sort of anaphylactic reaction anytime the word “home business” was mentioned. Mind you, a lot of those that did survive and did super well were health & wellness oriented.
Unfortunately those who have scammed millions and got away with it have ruined the opportunity for those who have a passion for an ethical business that’s designed for the sole purpose of individual growth and success. There are SO MANY safe and very reputable home based businesses out there for those of you who see them selves as entrepreneurs. You do however need to know how to pick the good ones from the rotten ones!
In home businesses you need to look for the following:
1) A long viable and successful company history.
2) Those that do not offer easy cash or fast cash.
3) Companies that offer “healthy” products.
4) Companies that allow you to grow.
5) Look for a company that has had a steep incline curve over the past 10-15 years and that has yet to peek!
Understanding the fact that the home base business industry is a billion dollar one is great for those who chose to become part of it. There is and will continue to be a shift in people as they move from working a 9-5 job to wanting to be free to set their own hours.
Now before you run off on a rampage searching for a business in any field you need to examine yourself and find out if you are a person who has a lifestyle compatible enough to represent and ethically indorse the field of business you get into.
So, if you are a heavy smoker who hates working out & eats junk food all the time dont choose health and wellness for your home business.
Make sure you can ethically indorse and refer people to your products and speak from personal experience. Always try to become a true representative of the industry you represnet.
The goal here is to somewhat repair the damage that has resulted in people turning away from the personal home business scenario. You’ll find that most believe that a home based business is not a real job and I am here to voice out that it actually is, and in many cases its enough of a career to resultin great profit and could easily supplement more than one household income.
The real issue is that people are under this crazy and extremely false impression that by being in a home based business you dont actually work and that you make money by some sort of magical way. As much as I wish that were true,it isnt!
If you decide to start a home business, what ever it may be in, please dont up and quit your job. Resist the temptation and false belief that you are an instant millionaire.
A home based business is a true business where you have the luxury of being your own boss and working for your own profit and development. You can drive it to success or you can drive it to failure depending on your work ethic and understanding the nature of the beast.
Is Working From Home The Latest Greatest Trend In Business?
With unstable gas prices, rising daycare costs, company downsizing and the forever shrinking dollar; the latest greatest trend is “stay home and earn”.
There are many home based businesses available promising a huge increase of wealth while you work from the comfort of your home or on a sandy beach in Maui. The “Short and Skinny” is that not all home based businesses are created equal and most don’t succeed.
In order to have a business you must have a trade, service or a marketable product and the majority of home based businesses are Home Business Marketing of a Product or Products which all seem to follow the same or similar recipe for the business owners failure.
The majority of the business plans seem to scream no and shroud the eyes of yes when the word Pyramid is spoken. Business entrepreneurs seem to speak the same language, MLM, Network Marketing, Binary System, Pay Level, Up line, Down line, Cross line, Dream Build, Car Qualify and the words go on and on. One is in need of “waders” to get to the true core of many Home based Businesses.
What Are the Characters Of A successful Business?
A successful home base business has a plan that can be duplicated with ease. It is easily managed and allows itself to be fully automated. It is profitable and features good commissions. It can be worked either passively or actively and is not a multi level marketing business.
Discover a respectable, legitimate business with no selling, no phone calling, and no talking to anyone! It is possible; there are high quality home based businesses that you can work easily and without high tech knowledge.
Earn easy, extra money; explode your income, no matter how busy you are!
When looking for a home based company or business to work with you should tried to find a company that is debt free and has a process in place to prevent you from failing.
Most entrepreneurs have been conditioned by the things they dislike about traditional business opportunities, it may be difficult for your brain to accept a superb business opportunity that makes traditional seem to be, the business of the Ice Age.
Ever heard the statement, rules are made to be broken? In most cases the rebel rule breaker loses but in this case; it’s all about changing traditional setbacks of the traditional Home based business.
A sneak preview of two traditional Business foes
Other business opportunities have strict policies against promoting other products. They see it as competition or a conflict of interest. If you want to promote other products, you will have to manage separate businesses. You’ll spread your time thin between each, when making just one of them successful is painful enough. Sure some opportunities have full product lines, but they generally pay nickels and dimes.
Most people cannot find enough time to work their regular job and promote another business that requires countless hours per week in advertising, promoting, selling, convincing, conference calls, meetings, learning, training, etc.
For all entrepreneurial spirits, steady yourself in that chair and searching for that home based business that will work for you.
30 Business Brainstorming Ideas - Part 1
Sometimes you just get stuck for ideas. Your mind is a blank. It makes it even harder to come up with the goods if your present or future business rests on your ideas. A little help and inspiration for a new article, a new product, or a completely new business wouldn’t go amiss in these circumstances.
The purpose of the ideas in this article is to get your brain thinking. The ideas may seem a bit crazy and unrealistic - almost too simple. But…. the intention is for these ideas to act as a trigger, making you say something like: “That idea’s ridiculous, but if I change it around a bit I could…” So, use one or more of these ideas as your starting point and brainstorm your way to a new opportunity.
1. Produce Christmas cards which are printed on the front with, for example, “Happy Christmas from the Smith Family”. Or, instead of the name “Smith”, pick one of the dozens of other popular surnames. Sell packs of these cards by direct mail to people listed in telephone directories.
2. Make money from renting out expensive children’s toys. The toys you rent out will include remote control models and computerised games. Use a little van to deliver the toys to customers. The van should have a toy town colour scheme, sirens and flashing lights. Call the van a toy-mobile.
3. Introduce to your region a service which mounts maps for businesses. Keep a stock of local, national and international maps. Mount these maps in a professional manner to suit the wall space available at offices. Send out leaflets about your service to office managers.
4. Bring out a regular publication for ambitious, amateur musicians. This publication might include ads from: i) employers seeking musicians; ii) retailers selling equipment, accessories and supplies; (iii) people selling used equipment. Also print interesting editorial.
5. Design and manufacture kits for making models with cocktail sticks. For example, model churches, castles, windmills, houses, etc. Buy the cocktail sticks in unpacked form in bulk from a manufacturer. Sell your kits by mail order from ads in craft magazines or distribute to model shops.
6. Produce a directory of products no longer made. This directory might include sections on toys, novelties and household goods. Design the directory for business people and inventors who want to know both what has been made before and what ideas might be revived or modified.
7. Make cotton gloves specially designed for coin collectors. The gloves prevent the acidic grease and moisture on fingers from getting on to coins. Package the gloves and sell from ads in coin collecting magazines or distribute to shops which sell collectible coins.
8. Bring out a correspondence course about how to write cookery books. The course might include information about: how to devise recipes; how to present them in written form and what makes a successful cookery book. Produce a prospectus and advertise in women’s magazine.
9. Begin a business which rents out large and expensive astronomical telescopes to householders who want to develop their interest in astronomy. Publicise your service at the local astronomy society and use local advertising to attract clients. Link up with a telescope supplier and get a 10% finder’s fee for those people who go on to buy their own telescope.
10. Set up a company which produces a compendium of strip games, for example: strip poker, strip snakes and ladders, strip lotto, strip snap and strip ludo. Sell the compendiums of games by mail order from ads in x-rated magazines.
11. Paint attractive art on rocks to make souvenir paperweights and doorstops. The art might take the form of abstract patterns, traditional pictures or tourist scenery. Call your rocks ‘designer rocks’. Add a rubber base to paperweights and a rubber edge to doorstops.
12. Create a mail order business which specialises in selling products which help people sleep. The products you sell might include: sleep inducing cassettes, special bedtime clothing, herbal pillows and how to sleep well booklets. Company names might be something like ‘Sleepwell’, ‘Sleeptight’ etc.
13. Paint on wood, stylish house numbers and names. These painted numbers and names will be an attractive alternative to the traditional names burned into sliced logs. Get your work stocked at shops which sell garden products or household goods.
14. Start a venture which promotes the art and hobby of window painting. On coloured acetate paper have outlines printed for painting pictures by numbers. These acetate sheets are stuck to one side of a window and anyone can paint a picture on the other side of the window.
15. Select one seashell which would be suitable for use as an ashtray, another for a pip tray and a third for a paper clip tray. Put these shells into a single packet and sell as a set of useful household seashell trays. Find shops to stock your packets of seashell trays.
16. Devise and produce a board game which simulates the experience of starting a mail order business. The usual problem of bringing out a board game is the difficulty of getting it stocked at shops. However, a game about mail order can be sold by mail order to business opportunity seekers.
17. Make an income from selling lucky charms door-to-door. Sell, for example: rabbits’ feet, horseshoes and four-leaf clovers. Start this enterprise by tracking down trade sources of these lucky charms.
18. Begin a business which buys and sells oil paintings. Buy new paintings from artists and old paintings from collectors and householders. Sell the paintings from: home, a roadside site, a stall at craft fairs, or hire halls for exhibiting all the paintings you have for sale.
19. Start a manufacturing business which is devoted to making doorstops. The doorstops you make might range from humble wooden wedges to the exotic and unusual. Package the doorstops in polythene bags, staple on a printed card and get them stocked at hardware or gift shops.
20. Decorate everyday objects with pressed flowers. Add an inlaid design of pressed flowers to trays, coasters, jewellery boxes, paperweights, picture frames, wall hangings, desk sets and table tops.
21. Set up a home improvement business which modifies the exterior of houses to give them a Tudor appearance. Your service will include: fitting ornamental oak beams, giving exterior walls a white covering and adding a metal grid to windows.
22. Make wooden ’strip noughts and crosses’ games (an item of clothing is taken off by the loser of a game). Drill 9 holes into a small square block and paint on a grid. Next, make 10 pegs and paint on each peg an ‘0′ or ‘X’. Put the grid and pegs into a clear bag and staple on a product name card. Sell to sex shops and mail order.
23. Bring together a range of brass ware ornaments so you can have a stall at craft fairs, antique markets and Sunday markets.
24. Publish a newsletter which has a title like ‘Ambitious Person’s Way to Wealth’ or ‘Clever People Don’t Work Hard’. The contents of your newsletter might be in a vein similar to Joe Karbo’s ‘The Lazy Man’s Way to Riches’.
25. Set up and run a school of window dressing. Organise one-day or two-day courses or seminars for established shopkeepers who want to learn more about this aspect of their business. Also provide courses for those who would like to take up a career as a window dresser. (Tip: You can run a profitable seminar on anything without knowing the first thing about the subject yourself. You merely pay a percentage of the seminar fee, say 15%, to an expert speaker.)
26. Write and publish a manual about how to make money from property. In the manual include chapters on: buying and selling land; buying properties for conversion and renovation; investing in property, etc. Use direct mail and mail order to sell copies of this manual to opportunity seekers.
27. Found and run a school of investment. Give tuition to solo students and groups about different types of investments such as shares, gilt-edged securities, unit trusts, USM, antiques, stamps, art, etc. For each area of investment prepare lesson plans and follow these closely.
28. Make a selection of children’s prayer plaques: wooden wall plaques which feature popular prayers. The prayers might be painted on, or burned into, the wood.
29. Start a craft business which uses interesting foreign coins to make jewellery. Incorporate coins into pendants, bracelets, brooches, necklaces and earrings. Alternatively, make jewellery which features reproduction coins from the ancient world.
30. Use small seashells strung together to make necklaces. Find a trade source of small seashells and either set up your own production line, or employ home workers. Sell the finished necklaces from a market stall or get them stocked at suitable retail outlets.
Top 10 Reasons Why Information Marketing Is The Best Business On Earth
If you’re considering building a business for additional income, part-time or full time, I believe your best option is building an information marketing business. Here are my top reasons:
1) You have no limits on your income
With most other business the more time you spend, the more you earn. And because you have a limit on your time, you limit your income also.
When you build a profitable marketing system, every time you put in 1$ to marketing you make 2, 3, 5 or even 10 dollars. Spend more on marketing, and you earn more.
2) You have high profit margins.
When you buy an information you don’t pay for the cost of paper and ink, but for the positive impact that information might bring to your life.
How much would an day trader be willing to pay a winning stock tip? Thousands? Would he care if it is hand written on a napkin?
That’s the beauty of it. They can easily be sold for 10 times the cost.
3) You don’t have to create the product or be the expert yourself.
Do think it would be hard work to create a product?
Good news is, you don’t have to create the product your self. You can interview an expert. The recording is a product. You can also license other people’s products to resell.
The product is the easy part. The hard part is marketing.
4) Your business can run on autopilot, even while you sleep.
You can set up your marketing systems so that they run automatically. A sale can be made on-line when you’re asleep or even at a holiday.
That’s the same for offline sales, too. You can outsource everything. There are people who will take your orders on the phone for you, duplicate your products and ship them.
5) It has low start-up costs
You can start with a 10 page “report” that you write, buy the cheapest classified ad on local newspaper, and sell it for $5. I bet you can start it for less than $100.
One of the health newsletters I’m a subscriber of costs $67 per year, and it consists of 8 pages of information sent monthly.
6) It requires no license, education etc.
It takes years to be doctor and open your own clinic. You can decide today to become an information marketer, and you’re in business today. Find a market, research what they want, and sell it to them. Easy.
7) You work once, get paid over and over again.
Sure, it takes some work to create a product, set up marketing… But you get paid for it again and again, as long as you can sell it.
It beats trading hours to dollars, even at high paid jobs. $100,000/yr makes $50/hr. If you sell a product for $100, 1000 sales a year beats that, because it can be done -very- part time.
You can do it anywhere in the world.
You can be anywhere in the world earning money. In fact, you can be on vacation in Hawaii and you\\\’ll still be earning money.
9) You can do it on any economic climate.
It is recession and depression proof. In every market, there are people willing to buy information. “How to make sure your business survives depression” “How to find a job while everyone else is waiting on the line”… Just a few ideas…
10) It’s a business you can be proud of.
Sure, there are other ways to make lots of money fast. Like robbing a bank or printing counterfeit money. However, information marketing is the closest thing to printing your own money, without being illegal or immoral.
You’re really doing people a favor by providing them the information they want.
How To Find More Money In The Chair Cushions
The only time cleaning is rewarding for me is when you find a pocketful of change in the chair cushions. I really get so sick of cleaning up after everyone and no one ever wants to help. Which is why I was so surprised when one day I came home to find my son excited and counting a wad of bills that he said he received for clearing out trash from a neighbor’s basement? You mean you were Cleaning? But I thought that was a dirty word and yet here he was happy and excited to clean because he could get paid for it.
Apparently he did such a great job that the neighbor hired him to clear out his garage next. So he was so excited that he wanted to start a cleaning business and I didn’t even know he knew how to clean!
Then I thought about it. Cleaning is a truly unique opportunity because almost anyone can start such a service. Most people already have the know-how to clean! You could start now and be very successful, very quick.
And cleaning is no longer the lowly, poor paid venture it once was. It can be really quite a futuristic, high technology business. Quite respected, and in many cases, very highly paid. My son had made quite a bit of money for one day’s work.
Cleaning was an ideal business for my son. He could work part-time while he was in school and then full time when he wasn’t. He set up his own books, got a name, made signs and advertised. He got a partner and they called on all their friends to tell their parents they were “in business.” They also started with no equipment except my vacuum cleaner, broom and some rags. However, I did open my cleaning cabinet one day to find many of my household cleaning supplies gone.
A few weeks later I asked how everything was going. He told me they so much business they needed to specialize and narrow down the types of cleaning they were going to offer. He said contrary to what you might think, cleaning is quite a sophisticated, operation. I began to see this was not just a teenage way to make some extra money, but a valuable home business.
Here are just some of the different types of cleaning operations to expand a simple starter home cleaning business:
Household cleaning of peoples homes. More and more people need a few hours’ daily help with household duties. You can set your clients up for weekly, every other week or even monthly cleaning. It is dependable money and flexible.
Next, there is specialized cleaning. In the cleaning industry there are forms of specialized cleaning that most firms don’t undertake. So you can corner the market in these specialized areas. Often no experience is needed. Popular in this area of cleaning is kitchen cleaning, in restaurants and hotels. Washroom cleaning/servicing is another area. Cleaning services to specific industries, such as food, processing, computers, electronics, chemicals, cosmetics, are also possibilities. In many cases the customers will train you to the standard required.
Then there is the area of special big jobs. These are the jobs which are only required periodically. Here you offer a year round ’spring’ clean service to homes and business customers. Initial cleans are needed prior to occupation of newly built buildings or apartments. Both these services can provide very big jobs for very big incomes. Get your customer to provide equipment and materials needed if you don’t want to buy.
Floor Cleaning is very lucrative these days. Commercial premises have vast areas of tiled or linoleum floors. It all needs regular cleaning and there’s a huge sub-industry set up to do this. All that is needed is a special cleaning and polishing machine which can be rented if purchase prices are too high.
Carpet/Upholstery Cleaning for homes and business has been a proven money maker. Special equipment is required. There is some competition with franchises, so operating at the quality end of the market is best.
Window Cleaning is not the lowly paid activity you might think if properly organized. Most areas are short of good, reliable cleaners. The upside is your only requirements are a bucket, cloth and ladder. Domestic windows offer good potential and you can offer to clean inside and out for extra profit. Commercial windows offer lower prices, but huge jobs and regular work. This is perfect contract work.
Car Detailing which is the cleaning of new and used cars is potentially big business with millions on the road. Equipment not always necessary and you could offer a mobile service. Offer to the public or get a contract with a car sales shop.
Industrial Cleaning of factories and the industrial machinery is a possible ‘big business’ service. A pressure washer would be a valuable tool here.
Exterior Cleaning or contract cleaning of outside areas such as shopping centers, car parks, office, or factory grounds is a reasonably new opportunity offering much potential. It comprises of mainly litter collection and sweeping, however the new type tractor mounted jumbo vacuum cleaners on the market now are set to revolutionize the service. Definitely one of those services that could be tomorrow’s big business success.
Finally, there are acoustic ceilings to be cleaned. One of the very latest cleaning opportunities is cleaning millions of square yards of acoustic suspended ceilings in commercial premises. They can only be cleaned with a special machine which sprays a chemical that causes the dirt to drop from ceilings. Although equipment is required, this is quite a new, exclusive service that the newcomer can dominate in their areas. You will probably want to consult specialist suppliers for equipment.
You may well discover many more cleaning opportunities, because new services are being invented all the time. Most of them quickly become essential services - something people want because nobody likes to clean. Good selling and organization can get you started but, as you can see, the possibilities are endless.
To summarize, cleaning is a humble enough opportunity to start and succeed in. But, quickly can become a lucrative and impressive business. That is not the only benefit to the business. My son seems to keep a cleaner bedroom now and every once in awhile I catch him put his dirty dishes in the sink. But, there are also drawbacks to his having his own cleaning business. One, I have to pay him to clear out my garbage, although I do get a family discount. The second drawback is I don’t find change in the cushions anymore. He must have figured out that was where all his money was going.
