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Management Trainer

Help other entrepreneurs train top-notch management.

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Business At A Glance

Management Trainer

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Management consulting and training generatesmore than $100 billion in annual revenues worldwide, and according tothe Association of Management Consulting Firms, management trainersearn an average of $150 per hour!

Leadership management training is oneof the fastest-growing segments of the corporate training industry, andfor good reason.

A corporation’s or organization’s management teamneeds to be able to lead, unite, and motivate everyone on the team,including executives, employees, suppliers, and vendors, if thebusiness is to succeed in today’s highly competitive marketplace.

Mostmanagement trainers also coach clients in their field ofexpertise’marketing, logistics, technology, international business,manufacturing, human resources, finance, health care, etc.’and youwould be advised to do the same.

The objective of the managementtrainer is to assess the client’s management team and operationalsystems, identifying weaknesses and strengths.

Once the assessment iscomplete, a plan can be developed which includes recommendations toreorganize as required, retrain as required, refocus as required, andeliminate all weaknesses and build upon all strengths.

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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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running-errands-for-people

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

Trade Show Visitor

Scope out the competition by attending trade shows for businesses.

Entrepreneur

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Business At A Glance

Trade Show Visitor
Startup Costs: Under $2,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Did you know that many corporations enlist the services of an independent trade show visitor or researcher as a method of keeping track of their competition exhibiting at trade shows? Starting a trade show visitor service is just about as straightforward as any new business venture can be. The duties of a trade show visitor are to collect information for clients about their competition exhibiting at the show. The information collected includes items such as marketing brochures, display booth designs, pictures, traffic counts, special promotions, new product introductions and just about anything else a client may request. To ensure the business is financially viable, most trade show visitors attend trade shows representing as many as 10 to 15 clients. To establish and operate the service, excellent communication and marketing skills will be needed and a digital camera and notebook computer will prove invaluable.

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Business Services

Medical Transcriptions

Help doctors get through their daily duties by transcribing their notes.

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Business At A Glance

Medical Transcriptions

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

Medical transcription is a field that’s in major demand–and becomingmore so all the time. Since health insurance companies often requiretranscripts of medical procedures before they’ll pay for them, doctorsneed somebody to translate their dictated reports intoprofessional-looking documents. And that could be you.

If you like thefascination of the medical field and the feeling of accomplishment thatcomes with turning out a professional product that’s badly needed, thenthis might be the business for you.

As a medical transcriptionist,you’ll sit at your computer, earphones on your head, jamming to thesounds of surgeons detailing operations (or other medical professionalsgiving a play-by-play of other procedures), then send the completedreports by modem back to the doctor or hospital.

The great thing aboutthis is that you don’t have to leave home–you can receive dictationover the phone and send it back via e-mail. (Of course, there are alsolots of jobs using the traditional dictaphone, too.)

Time is of theessence in this field. If you can offer a 24-hour–orless-than-24-hour–turnaround, work second- and third-shift hours andoccasionally put in weekends or all-nighters, then you’ll be anall-star.

You must have a strong knowledge of medical terminology andexcellent spelling, grammar and punctuation skills. The ability tointerpret sometimes garbled dictation from doctors with a variety ofaccents, dialects and speech patterns is also important.

You’ll alsoneed the self-discipline to sit at your keyboard uninterrupted for longhours and remain focused.

The Market

Your clients can be doctors, hospitals (including medical recordsdepartments, information offices, radiology and pathology departmentsand emergency rooms), other health-care providers like clinics andpsychologists, and attorneys working disability or malpractice cases.

Send sales letters to these prospects, then follow up with a phonecall. You can also place ads in local medical professional publicationsand call transcriptionists to ask for overload work or referrals.

Needed Equipment

You’ll need a computer system with a laser printer (you’ll sometimesprint your reports), a fax machine, a dedicated phone line, adictaphone, word-processing software and special medical transcriptionsoftware.

You’ll want a library of reference books, including a medicaltranscription style guide, a medical dictionary, drug reference booksand various medical-terminology guides.

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