The problem with some business ideas is their cost.
To manufacture and market a product you have invented
could cost you millions of dollars. The investment in
machinery, buildings, inventory and other expenditures
could bankrupt you before your first sale ever occurred.
For this reason, many prefer to run a paper business.
Paper businesses do not require large investments of
capital for expensive equipment, inventory, and
buildings. Many paper businesses can be run from your
own home.
A paper business is a business that can be
operated mainly using pieces of paper, such as
contracts, invoices, shipping documents, et cetera.
Here are some excellent paper businesses that you can
operate.
1. Consulting
Consultants charge large fees for their knowledge, expertise,
skills, connections, experience, and other assets. This
business can be operated from home with little more than
standard office equipment and supplies.
Consulting is a paper business because your product is an
intangible service. Your results are often summarized in
a written, paper report and you use written contracts to
protect your interests.
For further information and resources about consulting,
visit: http://www.yenommarketinginc.com/consulting.html
2. Finding
A professional finder finds something needed by a business or
individual for a finder`s fee. The finder doesn`t invest in
product inventory because he`s not selling it. He simply
collects a fee for arranging to introduce a buyer to a seller.
The finder conducts his business using contracts and other
written documentation.
For further information and resources about finder`s fees,
visit: http://www.yenommarketinginc.com/finder.html
3. Drop Shipping
Another business (or method of business) where you don`t
invest in product inventory or retail space is drop shipping.
When your customer buys from you, perhaps through the mail,
by phone, or on the internet, you simply contact your
supplier, who then ships it to your customer. Your paper
business involves taking the order, billing and collecting
from your customer as well as ordering, giving shipping
instructions, and paying your supplier.
For further information and resources about drop shipping,
visit: http://www.yenommarketinginc.com/dropship.html
4. Affiliate Programs
With affiliate and associate programs, you collect
commissions from the sale of other peoples` products. Again,
you have no investment in product inventory or expensive
facilities.
For further information and resources about affiliate programs,
visit: http://www.yenommarketinginc.com/affiliate.html
5. Webmastering
Another knowledge-based paper business is webmastering.
Whether you design websites, perform internet marketing,
or render other needed services, your business is again
mainly intangible services backed up by paper records and
contracts.
For further information and resources about webmastering,
visit: http://www.yenommarketinginc.com/webmstrbus.html
6. International Trade
Many times import and export transactions can be conducted
on a commission basis. It is also possible to buy, sell
and ship merchandise without ever having even seen it.
Letters of credit, bills of lading, and other agreements
are needed in this paper business.
For further information and resources about import-export,
visit http://www.yenommarketinginc.com/impexp.html
7. Licensing
Instead of trying to finance the manufacturing and marketing
of your invention, why not license it to a company with the
expertise and capability required? You will then receive
royalties in return for your idea.
As well, you could become a licensing agent, arranging
licensing deals on behalf of other companies and individuals,
taking a percentage of sales as compensation.
For further information and resources about licensing,
visit http://www.yenommarketinginc.com/licensing.html
There are many other paper businesses that you could consider
including mortgage brokering, commission sales, equipment
leasing, real estate, and franchising. This is by no means an
exhaustive list. With some thoughtful consideration, you, too,
could make your fortune from a paper business.
RESOURCE BOX:
J. Stephen Pope, President of Pope Consulting Inc., http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.
For valuable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/