July, 2010 archive
Business Idea Used ATM Sales Great Potentials 0
Startup Costs: $50,000 – $100,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Since the ATM biz has been deregulated, you can now freely buy and sell them.
Business Overview
A few years ago, laws governing ownership and operation of ATMs were deregulated, paving the way for entrepreneurs from every walk of life to own and operate ATMs as a business concern. Since deregulation of this industry, millions of new ATMs have been sold, and a secondary market is now emerging, which is the sales of secondhand ATMs.
While a very lucrative income can be earned by purchasing ATMs and reselling them for a profit, the gigantic profits are made by purchasing secondhand ATMs, locating the machine in a public place where it can generate revenue, and then selling the secondhand ATM as a going business concern. The potential to earn $250,000 per year is attainable for the determined entrepreneur who initiates this very basic business concept.
Business Idea Cosmetics Retailing 0
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No
With even men and children becoming more interested in cosmetics, this large market is one worth considering.
Business Overview
The sales of cosmetics generate billions of dollars every year worldwide, and starting a business selling cosmetics is just about as straightforward as a new business venture can get. There are numerous ways to sell cosmetics and make a profit. However, in the spirit of being unique, we’ll analyze one segment of the cosmetic sales industry that can generate huge profits in a few different ways.
The business can be set in motion for less than a $5,000 initial startup investment. Locate a manufacturer of cosmetic products who doesn’t have representation in your community, state or even country. Negotiate an exclusive contract to represent and distribute their cosmetic products in the desired area. Once the distribution contract has been secured, the cosmetics can be sold to retailers on a wholesale basis. Or you can hire a direct sales team whose main focus is in-home sales of the cosmetics. Both approaches have the potential to generate enormous sales and profits.