15 Hottest Business Ideas: Producing How To CD's,Temporary Help Agency,Business Opportunity Seminars,All Cruise Travel Club,Advertising Maps,Voice Mail,Newsletters on CD,Giveaways,Adult Book and Video Club,Utility Auditing,How To Videos,and more...

SNEAK PEAK:

15 Hottest Business Ideas

Table of Contents

1 Producing How To CD's
2 Temporary Help Agency
3 Business Opportunity Seminars
4 All Cruise Travel Club
5 Advertising Maps
6 Voice Mail
7 Newsletters on CD
8 Giveaways
9 Adult Book and Video Club
10 Utility Auditing
11 How To Videos
12 Producing Cable TV Spots
13 Inventory Videotaping Service
14 Producing Restaurant Placemats
15 Discount Cards

Producing How-TO CD's

Minimum Start-Up: $2,500
Average Start-Up: $5,000
Revenue: $12,000
One Person Business: Yes

The CD is entitled: "This CD Can Make You Filthy Rich", and it's about producing how-to CDs - a concept whose time has come. At $15 each, plus $3 shipping & handling, the producer of CD will gross $18,000 selling 1,000 CDs.
The production cost is quite small. The audio program was written by the producer who brought the script to a "Narration House" where a professional announcer does the voice recording using a professional studio.
NARRATION HOUSES
You can order radio commercials as well as other "voice" recorded programs to be produced by so-called "narration houses".
This business is usually run by a professional announcer who owns or has access to a professional recording studio. Just send your script to a narration house and have them record it for you. The amount you are charged depends on the length of your material and the type of tape on which you want your "master copy" recorded. A recording of 30-minute material may cost you $450.
THE INTERVIEW FORMAT
Another popular format for a How-To CD is what we call the "Interview" format. This is where the author or producer of the CD is interviewed on a subject in which he or she is an expert. Since this format is prepared on a "question and answer" basis, it is relatively easy to structure, allowing for a more logical presentation of the ideas the author wants to cover.
With this format, the author can prepare 30 to 50 questions which, together with the answers, can be edited down to a 30 to 40 minute program.
Depending on where the interview is produced, this format may cost less than a straight presentation where the bulk of the work uses the voice of a professional narrator.
YOUR MARKET
In a "How-To" project, it is always recommended that you select your topics based on your expertise or access to information. From a marketing standpoint, it is equally beneficial for you to be familiar with the market to whom you expect to market your How-To CD.
If your topic is very selective, use direct mail to market your CDs. If it is an extremely popular topic that can be promoted on TV, use 60-second TV spots or print ads.



Temporary Help Agency


Minimum Start-Up: $10,000
Average Start-Up: $100,000
Revenue; $100,000 - $2.5Mil
Profits; $25,000 - $250,000
One Person Business: Yes

The high cost of maintaining a full-time employee contributes to the growth of the temp-help business. Advancement in computer hardware and software enables companies to staff mean and lean, preferring to hire temps during peak seasons rather than lay off workers during slower times. On any given day, over 1 million people work on temporary assignments. By 1995, trade statistics estimate that 1.25 million jobs will go by way of "temps", creating an aggregate annual payroll of about $10 billion.
These figures suggest that the temporary help business is here to stay. It is one to watch through the turn of the century. Unlike the temp boom of the late 70s, today's temp-help has gone beyond clerical help, with 37% of placements involving professionals.
JOB MATCHMAKER
A temporary-help service acts as a matchmaker between businesses seeking temporary help and individuals who want a job. The temporary agency pays the employee on a weekly basis a set rate, and in turn bills the business/client a predetermined rate, usually 10% to 15% more than was paid the employee.
START-UP HURDLE
If there is a single hurdle that makes starting a temporary-help agency "difficult", it has to do with your ability to cover the payroll up front. As a temp agency, the demand for cash flow presents a two-sided problem. While you are expected to pay your workers on a weekly basis, you are also expected to extend your clients 30 to 60 days credit. So while you're waiting to get paid, you need to have enough cash to cover your payroll. For example, if you place 10 workers at 40 hours each for the week, at a rate of $8 an hour, it would require $3,200 cash for the week. That's $12,800 in 4 weeks!
To avoid this problem, it is advisable to hire your workers as independent contractors. You can act as their agent, and collect your commission when they are paid.

TO BE CONTINUED... Buy now and get all the Business Ideas!