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unning a business requires a gamut of skills - everything from Public Relations to Marketing to Salesmanship. As a business grows, so will the level of skill and knowledge needed to manage things effectively. That's why business owners are always on the lookout for training, not only for themselves, but also for their staff.
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Business small business ideas or Business Lecturer
If you have experience in a particular business area, you can make money sharing your knowledge with other business people by providing seminars and lectures. You can offer one-day skills building basics to comprehensive week-long training on more complex techniques and methods. Popular topics often include advertising, e-commerce development, computer applications, time management, email marketing, etc. You may often need to source for other lecturers who are skilled in topics that you don't specialize in, so having an on-going partnership with other lecturers can be a great help. The participants in your lectures will likely have one of two goals in mind - personal improvement and how to increase profits.
Your start-up costs can range from $500 to $5,000, depending on how close you are to the source of names of people who can benefit from your lecture. You can send direct mail to companies whom you think will need the information that you present. You will also need to spend on high quality brochures in order to impress potential clients. Having said that, the lecture circuit offers huge potential for earnings. You can charge from as low as $40 per person to a high of $7,500 per participant or more. Assuming for example that you are charging $500 for a 4-day seminar on Making money on the Internet that you may give once a month, you can earn $60,000 a year if you have 10 participants on average. For this business, you can earn anywhere from $25,000 to $500,000 depending on the number of seminars that you conduct each year.