Tuesday, 15 October 2013

Businesses You Can Start Now

Networking Services

With the unemployment rate at 9.1%, you’ll find a wide market of people clamoring for a leg up. Give it to them by organizing a series of small after-work mixers at a local hotel and advertise them on a regular basis. Supply a few light refreshments and a speaker, and then let people mingle.
Fees: admission fee. Offer discounts to those who leave their business cards so you can build a mailing list.
Tools of the Trade: Phone, computer, database software.
Tip: Works well in a metropolitan area where you can hold multiple mixers a month in different locations.
Hidden Costs: List rental fees and insurance.

Online Internet Researcher

You’re surfing the Web daily. Why not get paid for it?
Fees: $45 per hour to start. Increase your hourly rate as you develop your reputation.
Tools of the Trade: Computer and high-speed Internet access.
Tip: Focus on one or two types of information so that you can deliver meaningful results quickly.
Hidden Costs: Initial marketing efforts.

Virtual Assistant

Have strong organizational and time-management skills? You could make decent money doing everything from making customer/patient contacts to coordinating travel arrangements to maintaining databases.
Fees: $20-$35 per hour or on a project basis.
Tools of the Trade: Computer, high-speed Internet access, fax/printer/scanner, and office software.
Tip: Make your schedule parameters clear from the outset and keep careful records of your time, just in case any questions should arise about how you’re spending it.
Hidden Costs: Phone expenses.

Career Counselor

Begin with a personality assessment and then work with your client to match his or her motivations and interests to a new career.
Fees: $85 to $200 per hour for your services; flat fee, roughly $350 per session.
Tools of the Trade: Computer, high-speed Internet access, fax/printer, and office software. Books and DVDs on career planning.
Tip: Build your credibility by offering seminars on career change and writing a career-centric blog.
Hidden Costs: Building a professional website.


Residence for the Elderly

Opening your own home to older people who do not wish to live alone can be a profitable business if they don’t require the level of care offered by either assisted living facilities or nursing homes. (Each state licensing agency has its own definition of the term it uses to describe assisted living.)
Fees: Monthly rent of $450-$1,000 per client, depending on facilities and geographic location.
Tools of the Trade: One or more easily accessible bedrooms, suitable furniture, bathroom with special handrails, dining space, efficient kitchen.
Tip: Check local zoning regulations before spending a dime.
Hidden costs: Insurance, food (many residents may have special dietary requirements), home alterations. www.forbes.com




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