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Recreation

River Rafting

This new business idea may be waiting just around the river bend.

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Business At A Glance

River Rafting
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

White-water river rafting is a low-cost, mini adventure trip that almost anyone can participate in. White-water rafting excursions can be advertised to the general public as well as schools, corporations, and clubs to gain customers.

There is no marketing magic here. This is a good business and a fun adventure that does not require a lot of arm twisting to get people excited about paying you to go rafting. With that being said, you will still want to separate yourself from any competition and seek your niche in the marketplace.

Needed Equipment

You and your employees that will be operating either the paddle-style rafts or motorized-style rafts will be required to get a license, which is commonly referred to as a river guide certificate.

Likewise, all employees will need certification in first aid and river rescue techniques. You will also be required to carry a substantial amount of liability insurance. All of these certification courses are widely offered by outdoor instruction and certification companies.
Additional information about these companies can usually be obtained from local police and fire departments. In terms of equipment, there are generally two types of river rafts used in this business venture. The first is a motorized inflatable raft, and the second is, an inflatable paddle raft. All boats and passengers have to be equipped with safety gear such as life vests and helmets.

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Recreation

Cigar Sales

This hot business is so specialized, it’ll have you smokin’ out profits in no time.

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Business At A Glance

Cigar Sales
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Online Operation? Yes

Business Overview

Across the United States millions of dollars’ worth of cigars are sold monthly, some for $250 or more each–making this a very lucrative market. Once you’ve secured a wholesale source for purchasing cigars, here are a few ways to retail them for a profit:
  • Establish a small kiosk in a mall or market location for selling cigars.
  • Employ direct sales teams remunerated by way of commission based on their sales.
  • Initiate a direct-mail and email campaign aimed at corporations to purchase the cigars to give to valued clients and business associates as gifts.
  • Purchase vending machines and stock these machines with cigars for sale. The machine will have to be a ‘minihumidor’ and can be located in high-traffic gathering places such as restaurants and pubs.

The Market

Cigar coinsurers and novice smokers alike

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Recreation

Snorkel Tours

Snorkel tours allow you to explore the underwater world of business.

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Business At A Glance

Snorkel Tours
Startup Costs: $2,000 – $10,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Tourists, sun, and water are the crucial elements that will make this business start-up a triumphant success. Starting a snorkel tour business is a fantastic way to earn a potentially lucrative income, and enjoy a personally rewarding lifestyle. How do you get customers for this business venture?

Easy. Design a very informative and colorful brochure depicting your fun and relaxing snorkel tours, and distribute them to all the hotels, motels, campgrounds, and restaurants in the local area where the business operates. Likewise, you will want to establish pickup times with all of these locations, in terms of starting the tour.

You will have to pay the hotels a booking fee, but the business can easily generate enough revenue and then some to cover the costs of booking commissions. Also consider enlisting the services of a tour-booking agent, as these booking agents work beaches and other busy tourist areas promoting and enlisting clients into the different tour activities they represent. Good booking agents can easily sign up 100 or more tourists in one day for various activities.

Needed Equipment

The requirements for this business enterprise are very specific. You will need general knowledge and experience in snorkeling as well as first-aid training and equipment.

However, due to the nature of this business you will be required to carry liability insurance and possibly a certificate or registration number identifying you as a tour operator.

Any business plan should always include research in terms of legal restrictions and registrations. Not required is a waterfront business location, as the idea of the tours is to pick people up at predetermined locations and shuttle them to one or more locations for the snorkeling, or to a boat. Premiere snorkeling areas in North America include Hawaii, the Florida Keys, Texas, and California.

Cold water snorkeling is also becoming popular in areas such as British Columbia, Washington state, and the Great Lakes. However, keep in mind that you will have to invest in two or three milimeter wet suits for customers to wear if you are planning to establish cold-water snorkeling trips. In addition to reef snorkeling, shallow water, surface shipwrecks, and designated marine parks are also popular spots for snorkeling.

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Recreation

Coins and Stamps

Feed your collecting soul with a store that buys, sells and trades collectible coins and stamps.

Entrepreneur

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Business At A Glance

Coins and Stamps
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

Opening a retail store that buys, sells and trades collectable coins and stamps is a good business venture for the hobbyist coin and stamp collector to get going. The store doesn’t need a great amount of square footage, as the inventory is compact.

As a method to reduce startup and operating costs, consider a joint venture with another retailer. Good matches for this type of shared retail space include pawnshops, comic book retailers, and memorabilia stores. As is the case with any retail venture, the goal is to buy low and sell high; thus, you must possess strong negotiation skills and have experience identifying the condition and value of coins and stamps.

The Market

Coin and stamp collectors

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