Is there a business where it's easy to make money?

Is there a business where it's easy to make money?

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Thankyou4calling

Original Poster:

10,603 posts

173 months

Tuesday 14th June 2016
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I think I know the answer to my own question but whenever a new business is suggested on here, most say it's not worth the bother as it's so tough to make money in that field.

Have I missed something? is there a business that isn't a struggle to make money in?

Undertaking perhaps?

Thankyou4calling

Original Poster:

10,603 posts

173 months

Wednesday 15th June 2016
quotequote all
srebbe64 said:
You laugh, but when my kids were young they'd go to a friends party and come away with a business card. I'm handed said card by my son who wants 'Mr Clown' for his party. I phone him up and quotes £120 (20 years ago) and I book him. He turns up, does a half hour magic show, making the kids laugh, and hands each of them a card. I chat to him as he leaves and he's got half more gigs to get to that day! Genius. For every ten or so cards he gives out it generates a gig - so self perpetuating business with zero overheads!
Hmmmm if you still have the details i'd tell the cops, never trust these kids entertainers. Clowns, jugglers, face painters. Mostly odd at best.

Thankyou4calling

Original Poster:

10,603 posts

173 months

Friday 17th June 2016
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olivebrown said:
Convenience stores in a half decent location should turn over 16-20k per week or 30k+ in great location, profit is in region of 18-20%. Even one that does 12kp.w will give a decent living but may have to put 8 hours a day in it.
I would have thought this was a route to absolutely NOT making money easily.

I'd be surprised if the convenience store near me turned over £3k a week, barely see a soul going in there, it'd have a good margin and I'd imagine the owner owns the premises but even so.

Thankyou4calling

Original Poster:

10,603 posts

173 months

Thursday 23rd June 2016
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I've just had a key cut. It took three minutes maximum and cost £4. Independent shop.

I'd imagine they do well (not in PH terms obviously) but you need a good location.

Thankyou4calling

Original Poster:

10,603 posts

173 months

Thursday 28th July 2016
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beko1987 said:
I have no doubt that part of the cost is buying the 30 years of experience, and fair play to the guy. But 93% of the work he does will be simple point, shoot, present to the client, touch up quickly, print cheaply and present.

I wasn't knocking the guy, and it looked like he had some expensive kit, but the possibility to print money out of 'mundane' jobs looked high to me! We turned up 5 minutes early and had to wait for him to finish with the previous person, then when we left we met his next client. If he can do say 9 bookings a day, at say £600 average spend, that's £5,400. Obv vat, tax and wages for his daughter (who was doing the meet and greet) would eat out of that, but it wouldn't take much effort on his part to increase that more!
In my opinion he won't be taking that much a month let alone a day.

Thankyou4calling

Original Poster:

10,603 posts

173 months

Monday 15th August 2016
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Freds said:
A close friend of mine runs a courier business from a home office. In short he has a contract with Amazon to deliver parcels, he has circa 70 drivers therefore 70 vans on contract hire, all the staff are self employed and earn circa £120 a day, the bottom line to this brief breakdown is that he nets £50 a day from each operative.
Apart from this being nonsense, I hardly think the operational management of 70 drivers will ever be an easy way to make money.

Thankyou4calling

Original Poster:

10,603 posts

173 months

Thursday 18th August 2016
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How about we get at least close to back on topic?

Thankyou4calling

Original Poster:

10,603 posts

173 months

Sunday 21st August 2016
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twoblacklines said:
The 2 easiest ways I have found are digital content creation and then using that as a platform for consulting. You can easily charge £1-3k per hour (if you actually give the right advice) if you can prove you know your industry.
1-3k AN HOUR!!!!

I can't believe anybody or any company would pay that.

I accept there are worlds out there I know little about but an average of £2000 an hour sounds incredible.