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Career and Personal Coach

Help bring out the best in people as a career and personal coach.

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Business At A Glance

Career and Personal Coach
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

As a career and personal coach–a combination mentor, cheerleader, sounding board and advocate–you’ll work with clients to help them achieve success in their business and personal lives. You’ll spend a half-hour to an hour per week listening to their ups and downs and providing both business and personal goal orienteering and guidance.

You might work with people in transit from one career or lifestyle to another, with SOHO startups or with employee teams at large corporations. Coaching is a hot business, with the demand for coaching and coach training more than tripling in a single recent year. U.S. News and World Report recently rated career and personal coaching as one of the country’s hottest consulting activities.

The largest consumers of coaching services are baby boomers who, having reached midlife, have also reached the realization that to achieve all those dreams they started out with, they need to start taking immediate action. Gen Xers are also coaching consumers but not to the extent that boomers are.

The advantages to this business are that you can work at home, you can start part time and you can be a part of people’s lives, helping them grow financially, emotionally and spiritually. All you really need is people skills–the ability to listen to your clients, help them brainstorm through problems and provide cheerleading coupled with good business and personal advice. You should also, of course, have a knowledge of how various businesses work.

The Market

Your clients can be corporate types experiencing downsizing, startup entrepreneurs, or large companies that sign you on as an employee enabler. Target the downsized and corporations by sending brochures to human resources departments; follow up with phone calls to set appointments.

About-to-retire military people also make good targets. You can reach SOHOs, as well as your other targets, by giving seminars and workshops, writing articles for business publications and sending press releases to local newspapers. Network among professional and civic groups in your area. Introduce yourself to the staffs at business incubators.

If you live near a college, post fliers on bulletin boards. And if you’re near a military installation, place ads in on-base newspapers.

Needed Equipment

You don’t need formal training or a license, but you can get lessons on A+ coaching through various facilities around the country. Although it’s not required, certification as a psychologist or counselor is a major bonus, and experience in human resources, resume writing or other career development fields can also lend credence to your list of credentials. Besides your own skills and experience, you’ll need a computer, a laser printer and a fax machine.

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Business Services

Errand Service Business Opportunity

Help busy people get through the day by providing an errand service.

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Business At A Glance

  • Business: Errand Service
  • Start-up Costs: Minimum
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? Yes

Business Overview

Let’s face it; today’s busy lifestyles mean that a lot working people just don’t have time for even the simplest of errands, such as taking the family pet to the veterinarian for a routine checkup, buying AuntSue a birthday present, or picking up the kids after school.

Which is great news if you’re a multi-tasker looking to start your own simple,inexpensive, yet potentially very profitable business. An errand service can be operated with nothing more than a cell phone and reliable transportation.

Land clients by networking and by creating a simple marketing brochure explaining the services you provide along with your contact information.
Related: Start A Small Business, Become Self–Employed

The brochures can be pinned to community bulletin boards, hand-delivered to homes and businesses and distributed with the local newspaper.

A few promotional items such as pens and memo pads emblazoned with your company logo, name and telephone number given out to potential customers will go a long way as a daily reminder of your fast, reliable and affordable errand services.

This is the kind of business where growth is fuelled by referrals, so customer service and satisfaction are the most important goals.

The Market

Busy individuals who need a little help getting their day to day errands done. You can also market your services to small business owners.

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Business Services

Flea Market Organizer

Bring great deals to the masses by organizing a flea market.

Entrepreneur

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Business At A Glance

Flea Market Organizer

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Flea markets are a multibillion-dollarbusiness in the United States, and here is your opportunity to cash inon the boom by becoming a weekend flea market organizer and manager.

Get started by renting commercial space in a highly visible area withlots of passing traffic, one that is large enough to be subdivided intosmaller vendor booths’10-by-10, 10-by-20, and 20-by-20.

If climatepermits or during summer months, and if space allows, extra revenuescan be earned by renting outside vendor stalls as well. Rents varydepending on factors such as booth size, location, equipment (tablesincluded, etc.), and hours of operation, but generally are in the rangeof $3 to $10 per square foot per day.

When booking vendors, try for awide variety of products that will be offered for sale’antiques,electronics, kitchenware, food items, clothing, tools, toys, art andsporting goods. Doing so will ensure broad appeal to a large targetaudience of flea market shoppers.

Additional revenues can be earned bycharging a gate fee, parking fees, having an onsite ATM, rentingequipment and providing shoppers with delivery services for the largeitems they buy.

But be careful not to get too caught up in extra fees,because the bread and butter of the operation is booth rent. Vendoroccupancy is much more important than charging a dollar to park.

Theinvestment to get this business up and running can be significant, oncecosts such as rent, deposits, renovations, equipment, signage andmarketing have been taken into account.

But with that said, the profitpotential is excellent, as are the long-term growth opportunities.

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Business Services

Virtual Tours

Virtual tours can make a hotel or for-sale home much more appealing. Give customers an edge by designing these tours for them.

Entrepreneur

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Business At A Glance

Virtual Tours
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Producing virtual tours for clients who are seeking the ultimate marketing tool for their websites is not only an incredible business opportunity, but the business also has the potential to generate profits far in excess of $100,000 per year. Virtual tours can range from a hotel that gives potential guests a tour of their facility, accommodations and amenities via their website to real estate brokers that broadcast house tours of properties they have listed for sale and posted on their websites. To get started, you’ll need specialized software, a computer and a digital camcorder, not to mention production and editing skills to produce the finished product. Marketing the service can be as easy as creating a few sample virtual tours and posting the tours on your own website for potential clients to view, as well as hiring a direct sales force to solicit business.

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