Tuesday, December 30, 2008

Doing City Tours With Buses | Business Ideas


This type of business can be made in big cities or in cities that are very nice. Also it could be made in cities that you have many things to see or that have many landmarks. I was thinking of buses that are double decked without roof.

Tourists can make pictures from the bus while the bus is moving and could admire the view. While the bus is moving tourists could be presented with a description of each tourist objective or landmark.

This type of business has a couple of inconvenience. The city that you will want to make this business in should have a light car traffic so the busses could drive easily and tourists would not wait in traffic jams. And a second problem would be suspended phone wires, if they are too low, they could bother your clients. And finally the third problem could be the gas price, but as we saw lately the gas price degreased significantly

You could start the business with a single bus, then buying others if the business is growing nicely. I would suggest that you sign different partnerships with travel agencies so the customers will buy the city tour, provided by your company.

The cost of single bus starts from 150.000 $ and could go up to 500.000 $ for an used one. For a new one, the cost could reach up to 1.000.000 $, but I suggest buying a new bus if you are going to start this business in a very big city.

To advertise for your new business you could put flyers in hotels and travel agencies, building up a web site and buy outdoor advertising.

You could also make promotions like: “For groups bigger than 25 people, you get 10 % discount”


Saturday, December 27, 2008

Luxury perfume boutique | Business Ideas


This business idea came when I have realized that an important client of mine did not have a place to buy a good perfume. Of course there are the generalist stores that sell perfumes, but I am talking about high – end perfumes.

If your country has a high economic growth and the population likes luxury (I mean that if they have the money to buy luxury items) I would suggest that you start a perfume boutique, a luxury perfume boutique.


A high –end perfume could cost from 300 $ to a couple of thousand dollars depending on the brand and on the edition (limited edition are more expensive).


The investment in such a boutique could start from 90.000 $ (70.000 euro) and could go up to 260.000 $ (200.000 euro) depending on the location, the design of the boutique and how many square meters it has. Your turnover will be around 200.000 – 500.000 in your first year. Don’t worry about the profit; it will come very quick because the profit margin is very good in luxury commerce.



source of photo : www.clubparfumerie.co.uk

Thursday, December 25, 2008

A new business opportunity, free wireless network

I guess that everyone knows what is a wireless network, so the business opportunity that I have found is very simple. Give free internet wireless access for users. I know that you will ask me how would you get your money back, it`s very simple, by selling ad space.


Let’s say that I use your network and get online using a browser. When I open the browser for 10 or 15 seconds it displays me ads or commercials, and then after that I can navigate for free. From the user it doesn`t imply any cost and you will get your profits by selling ad space. It`s a win-win situation.


You will be paid more for displaying ads if you have a precise target. Let’s say that you will install a network in a university campus. In this case your users will be mainly students. Many companies want to have young people as their clients so their ads will be better targeted and you can charge them more money.

Good luck!!!

Monday, December 22, 2008

Finance your business - Problem or Challenge?

"I don`t have money to start my own business", I hear that very often. People all over the world use those words when they want to express their fear of entering in business and becoming a successful entrepreneur. They say it like have everything except money, they have the knowledge, the experience, they have studied the market, they have the rare business sense, but no money.


You need money to start your business? of course you need. A lot? That depends on the profile of your future business, you have to calculate for yourself all the costs that are involved. You may have a surprise to discover that the costs are not as high as you thought and, in fact are relatively small. Your business seems to have a bright future. Why does everyone think that a business can only be started with tens of thousand of $. You are right to say that, if you look at a couple of successful businesses you will see that they didn`t started with a small amount of money.


They have luxurious cars, lots of employees, big office buildings, you see their names everywhere, and you say to yourself that you don`t stand a chance. You are forgetting a crucial aspect regarding those businesses. They didn`t appear over night, they have a history of 10 -20 years, and when they started they didn`t have luxurious cars, big office buildings, they started just like you. They were happy if they didn`t go bankrupt, and their growth was small but steady. If we take a look at global companies like Gillette or Nike we will see that they started with a small amount of money. If they could do it, why can`t you?

Saturday, December 20, 2008

Putting company logos on cars | Business Ideas

You drive your car in the city, when you go to work or simply because you have some business that you have to resolve, why not put your company logo on your car. I think that putting your company logo, telephone number and address is one of the cheapest ways to make your company known. The car inscription business is a good business to start if your country has registered a good economical growth, and many people decided to start their own business.

There are two ways to make custom logos and inscriptions:

1. With cutter plotter, this king of technology is kind of old, but many people still use it. It is harder because you have to cut manually the letters and the logos.

2. With a big printer, that could print large pieces so they could be applied directly to the car.

Using the printer is much easier to make complicated designs.

In many countries you will find families that run this kind of business in their spare time because it doesn’t need much money to start.

The Investment

The initial investment will be around 1500 euro (about 2200 $). With these money you will have to buy a cutter plotter, a used one costs about 500 euro (700$) a new one costs 2500 euro (3500$), a computer, a printer, a scanner, a phone and a drawing licensed software (like Corel Draw - 300 euro (420$)).

Office Space and employees

You don’t have need many employees, 1-2 are sufficient in the beginning (to keep the costs as low as possible and the profits high, you could be the only employee). For running your business you will need a small room in witch to put al the equipment. Also you do not need an office or a garage because the work will be done at the client’s garage.

To make a design, you will need about 30 minutes for a simple one and it could reach 3 hours for a much more complicated one.

Profits

Don’t expect to become a millionaire if you start this business, at least not in the first 5 years :), but the profits are quite good, every square meter of inscription costs about 15 - 20 euro (20 -30$) depending on the design. From that amount half of it goes into your pocket, that’s about 10 euro (15 $).

Monday, December 15, 2008

Rent luxury items | Business Ideas

Everyone wants to be a millionaire but just few succeed. For those who love luxury but they don`t afford buying expensive object, we come with a solution. A business idea that will be a success. Rent luxury items.



Of course the investment will be pretty high, but I will expect you to recover your money quickly because the market wants this king of products. Let’s say that you are going to a party and you want to have a luxury purse but you only will wear it then and you don`t have the money to spend on an expensive accessory that you will use just once or twice. No problem, you can rent a purse to go to the event, it will cost you 100 times less than if you have bought the purse.


You can expand in many domains like rent jewelry, rent cars (Ferrari, Bentley. Maseratti, Rolls Royce), rent dresses for special events, rent watches.

Good luck!!!

Wednesday, December 10, 2008

Money making adrenaline rush - Zorb | Business Ideas


Zorb is a new way to pump your adrenaline. The Zorb was invented in New Zeeland in 1995 and from then it’s been used all over the world on slopes (it doesn’t matter if it is winter or summer), in any season it will bring you nice money.



This concept is very simple, a sphere, made from transparent PVC, that has a compartment in the middle where one human can stay. People don’t get injured because they are protected by a membrane of about 70 cm. The Zorb rolls over a mountain sloop giving the person inside a thrilling ride (it reaches about 50 km / h).


The rollover is chaotic, any bump may change the trajectory of the sphere, you can go up, down and left in a couple of seconds. For the business to be a success you have to find a mountain slope, with the length of about 50-100 m, and with not so many big rocks. Once you buy a Zorb the company will give you a complete training on how to use one of this "toys".


You will make considerable profits, and make a big splash in the world of extreme sports enthusiasts in your country.


source of photo : www.hakatours.com

Monday, December 8, 2008

Rent a gadget | Business Ideas

Have you ever needed a Gps but you didn’t buy one because you had to use it just once and then probably will have sat in its case, never used again?

Well, this business idea comes in the help of people who needs electronic items to use for a short period of time. The service is very simple, like we have the “Rent a Car” companies; we could have the “Rent a Gadget” concept.


You could rent a GPS, you could rent portable TV’s, portable DVD players, notebooks, and you could practically rent any type of gadget.

Your investment in the company will be very little. Let’s make a short calculation: A GPS gadget costs about 200 $, if you will rent it with 5 $ a day, in 40 days you will get your money back.

You could advertise with flyers and with a web site, you could also advertise in campuses and universities.

Thursday, December 4, 2008

Graffiti removal, a profitable niche | Business Ideas

I bet you have seen a lot of walls painted with graffiti, some of them are very nice, but other is ruining the buildings aspect. Some of the times you can see shops that have graffiti on their windows, and that is not so good for the image of the shop. In some times clients may not enter your shop because of the graffiti.



That problem created a niche, graffiti removal. It is a business that you can start with a very small amount of money, under 8000 euro (10.000 $). All you need is a car that carries your equipment, chemical solutions that are environment friendly, 2 workers, and good promotion. You don’t have to start with new equipment, you con start with used equipment, and then extend your business.


Graffiti can be removed with chemical solutions, with water jet, or in extreme cases, sand blasting. You can remove graffiti from surfaces like: brick, glass, and metal, wood. As your clients you can have the city council with witch you can have an agreement to protect the local landmarks, statues and historical buildings. Other clients can be small business entrepreneurs who want their shops to look good.

You can advertise in outdoor media, and with flyers to keep the low cost of the project

Tuesday, December 2, 2008

Employees in the crisis, hiring opportunity

With the crisis that we are dealing with many companies that have very competent people are on the brinks of bankruptcy. That is why is a good moment for you to hire excellent and very competent people with minimum costs.


Also is a very good time to try to devote your time and resources to your most valuable employees and try to make your best (if you are a manager) to not let go your most reliable employees. Hard times pass with devoted employees.

If you are a manager it’s a good time to listen to any ideas that your employees may have. You will never know where you can discover a talent. You can implement their ideas and make your business more efficient, they can have ideas on how to reduce the costs or how to be more productive.

Some companies tent to leave all regarding to the company’s management, don’t make this mistake, try to involve all your employees in this process, you will only discover new and good ideas.

Aquatic club for children | Business Ideas

A business like this will need serious investments from you. You don’t have to build you own swimming pool, you could rent one from the swimming federation in your country. You will have to send your employees to training so they could get certified. For the club you will need an about 150 - 200 sq feet.

The market is formed from people who want their child to learn how to swim in an interactive environment, and the children will have maximum 6 years. You make the club according to your future clients, and if you want older children you will have to make the design according to them.


Your clients should pay a fee of about 200 euro (290$) per month, but the fee may rise if the clients will chose to have more sessions. For a club with a surface of about 200 sq feet, you could have about 150 children. Your annual turnover will be around 400.000 euro / year. (570.000$)


I will suggest you should look for an indoor swimming pool so you could have a business not only in the summer but in the winter as well. You will need about 5-6 trainers that will work with the children.


This is a good business if your hobby is swimming or your city or country has a deficit of swimming pools (if you decide to build the swimming pool). Your profits will be around 100.000 euro (142.000$) per year. Good luck!!

Monday, December 1, 2008

Bio products - healthier food | Business Ideas

Either you want to produce bio products or just to be the distributor; I think that this is a great business opportunity. Since people have access to all sorts of information (TV, Newspapers, and internet) they think twice before buying a product that is full of additives. So, even though these products will be a little bit more expensive than the normal ones, they will be healthier. You can buy all kind of bio products, from fruits, to bread, to sweets.


The difference between bio and natural in those bio products are made exclusively natural. That means that the plants used have grown on a farm that didn`t use chemical fertilizer and when the plants were processed they didn’t` used additives. You could start this type of business with just a couple of thousand of dollars, if you want to be just a distributer or a small producer, and it could go up to 100 – 200.000 dollars if you want to be a big producer.

I wish you good luck!!!

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