This is a Daily Money Makers idea for the entrepreneur looking to make some money for a smaller investment.
Big kites are fun to play with, and would make a great date idea. Since huge kites can be expensive, they are rare to see flying. If you could buy a few of these kites and rent them out, you would make a huge profit. A lot of these big kites take two people to hold them, so it would also be a great group activity.
Since kite prices vary, it's hard to say how much you make from this business. However, you can expect it to do well because big kites are hard to find and you'll have tons of curious customers.
Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts
Friday, March 13, 2009
Friday, February 27, 2009
Bounce House Rentals
This is a Daily Money Makers idea for an entrepreneur.
Bounce house rentals can make you a lot of profit, but only if you have the dedication to run one. You will want to buy 5-10 bounce houses of different sizes to rent out. The cost of the houses depends on the area and how well you negotiate.
You can rent these houses out for $100-$300 for half-day prices. If you could rent out 30 times in the month (which would be extremely easy with good advertising), then you would make $3000-$9000 per month.
Friday, February 6, 2009
ATM business
This is an idea for an entrepreneur who wants an exponential growth business.
You find yourself out somewhere and you need quick cash, but the nearest bank is far out of the way. If there were an ATM nearby, you could easily withdraw the funds and get on with your day.
An ATM business is a great way to make exponential profits. With the right placement, you can bring in a tremendous income. You don't want them to be too near eachother, as that will be bad for business.
You can start an ATM business easily. You would need an ATM machine, which you can find online from $2000-$6000 each. That may seem pricey now, but they will be paid off within a few months. You may also need to look into protection methods, or else hire a security company to fill the machines for you.
If you were to have 50 people a day use your ATM machine all 30 days in the month, that would be 1500 customers. At charging a $3 convenience, that would be $4500 a month. If you were to have 6 machines following that same projection, you would be making $27000 a month.
If you were to well place these machines and have 100 people come (out of a 30-day month), that is 3000 people of month. With a convenience fee of $3, that would be $9000 a month for that 1 machine. If you had 6 machines following this projection, you would make $54,000 a month.
As you can see, an ATM business is well worth the investment. You would have to take out loans to fill these machines, but the loans would be paid off as people withdraw the money. As it was said above, you may want to look into protection methods/security cameras for your machines.
You find yourself out somewhere and you need quick cash, but the nearest bank is far out of the way. If there were an ATM nearby, you could easily withdraw the funds and get on with your day.
An ATM business is a great way to make exponential profits. With the right placement, you can bring in a tremendous income. You don't want them to be too near eachother, as that will be bad for business.
You can start an ATM business easily. You would need an ATM machine, which you can find online from $2000-$6000 each. That may seem pricey now, but they will be paid off within a few months. You may also need to look into protection methods, or else hire a security company to fill the machines for you.
If you were to have 50 people a day use your ATM machine all 30 days in the month, that would be 1500 customers. At charging a $3 convenience, that would be $4500 a month. If you were to have 6 machines following that same projection, you would be making $27000 a month.
If you were to well place these machines and have 100 people come (out of a 30-day month), that is 3000 people of month. With a convenience fee of $3, that would be $9000 a month for that 1 machine. If you had 6 machines following this projection, you would make $54,000 a month.
As you can see, an ATM business is well worth the investment. You would have to take out loans to fill these machines, but the loans would be paid off as people withdraw the money. As it was said above, you may want to look into protection methods/security cameras for your machines.
Friday, January 16, 2009
Mall Day-Care Center
This is for an entrepreneur who has money to invest in a business.
Moms and Dads need time to themselves, especially when they are out at fun places. Those fun places can be malls, resturaunts, movie theatres, etc. When mom and dad want to go on a date, it's hard to find places that can take care of their children. If they could simply drop them off at a convenient daycare center, they would be able to have that special time alone.
This is what your business would be about. You rent a store in a mall, or somewhere popular. You childproof this place, hire employees, buy toys and dress-up clothes, and have a cash sregister that can swipe credit cards and debit cards. This store is going to be a place where parents can drop off their children for a while while they go on a date to dinner, shopping, a movie, etc.
Your employees must be nice, and preferrably older. It will be hard for parents to trust their precious children with teenagers. When the parents come in, introduce the facility, your employees, and the number of activities your children would be participating in. Once the parent has paid be sure to take their picture, and attach it to their child. That way you aren't giving away their child to somebody else.
Your facility must also be approved by a childcare safety inspector (check with your state), and you should have the parents sign an injury waiver so you aren't held responsible for anything. Depending on what you charge, this could be a booming business.
Moms and Dads need time to themselves, especially when they are out at fun places. Those fun places can be malls, resturaunts, movie theatres, etc. When mom and dad want to go on a date, it's hard to find places that can take care of their children. If they could simply drop them off at a convenient daycare center, they would be able to have that special time alone.
This is what your business would be about. You rent a store in a mall, or somewhere popular. You childproof this place, hire employees, buy toys and dress-up clothes, and have a cash sregister that can swipe credit cards and debit cards. This store is going to be a place where parents can drop off their children for a while while they go on a date to dinner, shopping, a movie, etc.
Your employees must be nice, and preferrably older. It will be hard for parents to trust their precious children with teenagers. When the parents come in, introduce the facility, your employees, and the number of activities your children would be participating in. Once the parent has paid be sure to take their picture, and attach it to their child. That way you aren't giving away their child to somebody else.
Your facility must also be approved by a childcare safety inspector (check with your state), and you should have the parents sign an injury waiver so you aren't held responsible for anything. Depending on what you charge, this could be a booming business.
Thursday, January 8, 2009
Dodgeball Tournament
Projected Profit: $10,000 per tournament
There's a lot of money to be made in sports tournaments. This area gives great ways to make a lot of money. One of those ways is hosting a tournament, namely a dodgeball tournament.
Things You Need
- Trophy
- Shirts for the winning teams
- Location to play
- Advertising contacts
- Dodgeball equipment
- $1000
Use the $1000 to buy the trophy, winning team's shirts, and equipment. Any extra can be used in advertising. The more advertising you do for this event, the more teams that will sign up. You can charge an entrance fee to the game, but keep the price low. As this is not a well known tournament, people won't come if the price is set too high.
Go around to local companies and see if they'll pay you for advertisements. Tell them you'll tie up a banner, announce their company, place their logo in a great spot, etc. You can also invite vendors to sell their product at these games. Charge a vendor $100-$400, depending on the expected number of visitors. ach team $300 dollars to sign up, and be sure to mention it's non-refundable. Also
Each team pays $300 to sign up, and be sure to mention it's non-refundable. You can expect 30-40 signups in a well-advertised tournament, so the payout would be around $10,000. You would have to pay for rental space, referees, and other costs but these will be easily covered by ticket sales, vendor sign-ups, and company advertisements. It won't make you rich, but you'll be wealthier!
Monday, January 5, 2009
Moms Helping Moms - A Website
This is for an entrepreneur who can pay for a web designer, or is skilled in computer coding such as javascript and html.
Websites are a great way to make money. If you have a website that people go to a lot, then you have the chance to make huge amounts of money. A great website idea that has the potential to make great amounts of money is one called "Moms Helping Moms".
Moms Helping Moms (or parents helping parents) would be a website in which parents can log on and post great suggestions for struggling moms in the world.
Necessities for this site:
1. Forums: This is where the bulk of the information is going to go. Moms post information to other moms here.
2. Contact Info: You should provide contact info in case there is a problem with the site
3. Anti-spam: Find a great anti-spam system so people don't advertise un-necissarily on your site.
4. Member Registration: So people can get to know people
5. Advertising Program: This is where the money is going to come from. A great, free advertising program is Google Adsense.
Forum Topics:
- Cheap Clothing Sources
- Food Recipies
- Quick Teaching Methods
- Communication Skills
- Potty Training
- Behavior Adjustment
- Parties (Dress-up)
- Fun Activities
- New-To-Parenting
- Ridding the Picky Eater
- Smart Shopping
- College Funds
- Starting Sports
- etc.
If you don't want to use Google Adsense, there are alternatives too. Look them up on a search engine.
Saturday, January 3, 2009
Old Fashion Root Beer Float Stand
Projected Profit: $4000-$6000 (minus money spent on ingredients)
This is recommended for the beginning entrepreneur.
This is a carnival/fair/fundrasing event that can make quite a bit of money. You would need an easy-up canopy, deep freezer, 5 gallon drink cooler, old wooden barrel to place over cooler so it looks old-fashioned, a couple of signs that say something along the lines of "old fashion root beer floats", and 24 oz cups.
Before the carnival starts, prepare for customers by putting ice cream in the cups with a lid so that you only have to put rootbeer in the cups. Home-made rootbeer is recommended (recipe:http://allrecipes.com/Recipe/Homemade-Root-Beer/Detail.aspx)
The price for an easy-up canopy is usually $180, a deep freezer is about $300, and eating utinsils and cups depend on the local charge. You can find a good priced 5 gallon drink cooler for $20. Ingredients including ice cream and homemade rootbeer would depend upon local vendors.
You can sell the 24 oz. root beer float for $4-$6 each. If you sold 1000 floats, you would get $4000-$6000 dollars per event minus how much you spent on ingredients.
Friday, January 2, 2009
Scooter Rental Business
Projected Profit: $900 per scooter
Scooters are a fun way to strike up conversation on a blind date, or if a group of people just want to go have a blast around town. If the scooter is 49cc or under, the driver will not need a motorcycle endorsement (but they will need a driver's license).
Since scooters are dirt cheap, by renting them out you will pay back your investment and then some within weeks. So it doesn't cost too much, start with only 2 scooters. Rent them out at an hourly rate of $10 an hour, with a minimum of 5 hours per scooter. If the customer would like to take it for 24 hours and return it the next morning, they can pay an additional $10 ($60 in total.)
If you want, you can offer the driver insurance for an additional rate ($10-$20). For instance, if you had 2 scooters rented out 15 days of the month with the $60 charge, that would bring in $1,800 a month for 2 scooters.
If your business becomes more successful, you can rent out protection gear such as helmets, googles, gloves, jackets, pads, etc.
For advertisements, put stickers on the scooters. If there is a local university, go the the news board and advertise. You will find that most of your customers will be of college age.
Check into local insurance quotes.
The Flea Market
Projected Profit: $240,000 per month (minus parking lot rental fee)
This is an idea for that entrepreneur who is skilled in organizing events.
The flea market will consist of a vacant parking lot, park, or public area. Propose to the person who owns the lot a monthly payout or percentage of the profit, in exchange for using the lot. For example, offer the owner $300 a weekend to use the lot. For the flea market, it's more cost-effective at first to offer a percentage because if you don't make as much as you planned, you don't lose any money.
You're going to want to advertise this event months in advance. In the advertisements for the flea market, be sure to include a price per booth. We suggest at first to charge $20 a booth until the flea market is well-known. Then you can raise prices to as much as $200 or more a booth (per weekend). If you had 300 booths renting at $200, that would be $60,000 in one weekend ( $240,000 in a month).
It's best to run your advertisements for the flea market in a local paper, public events, and online. The more people that know about the flea market, the more vendors will want to come.
This is a low cost, high payout event but can be time-consuming at first. It's recommended that after the flea market is up and running, you can hire employees to take over management responsibilities, and still be making a hefty profit.
However, the flea market will also be hard to work at first. Since you are most likely inexperienced in running a big event, you're likely going to want to have multiple partners. It's also great to have bilingual partners for the flea market, because many of your vendors won't speak english very well. Also, the flea market will attract many ethnic groups to due to the great prices and diverse products your vendors will provide.
On the other hand though, the flea market is well worth the work because of the great payout. The opportunity to make money is high, and though the flea market will be overwhelming at first, the profits will be amazing.
This is an idea for that entrepreneur who is skilled in organizing events.
The flea market will consist of a vacant parking lot, park, or public area. Propose to the person who owns the lot a monthly payout or percentage of the profit, in exchange for using the lot. For example, offer the owner $300 a weekend to use the lot. For the flea market, it's more cost-effective at first to offer a percentage because if you don't make as much as you planned, you don't lose any money.
You're going to want to advertise this event months in advance. In the advertisements for the flea market, be sure to include a price per booth. We suggest at first to charge $20 a booth until the flea market is well-known. Then you can raise prices to as much as $200 or more a booth (per weekend). If you had 300 booths renting at $200, that would be $60,000 in one weekend ( $240,000 in a month).
It's best to run your advertisements for the flea market in a local paper, public events, and online. The more people that know about the flea market, the more vendors will want to come.
This is a low cost, high payout event but can be time-consuming at first. It's recommended that after the flea market is up and running, you can hire employees to take over management responsibilities, and still be making a hefty profit.
However, the flea market will also be hard to work at first. Since you are most likely inexperienced in running a big event, you're likely going to want to have multiple partners. It's also great to have bilingual partners for the flea market, because many of your vendors won't speak english very well. Also, the flea market will attract many ethnic groups to due to the great prices and diverse products your vendors will provide.
On the other hand though, the flea market is well worth the work because of the great payout. The opportunity to make money is high, and though the flea market will be overwhelming at first, the profits will be amazing.
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