Best-Home-Business-Opportunity.org was setup by Gregory E. Rouse (a home business entrepreneur) as a FREE resource to share how people can make money with their hobbies and interests.

Friday, July 31, 2009

Guiding Business

Rafting on the Arkansas River.Image via Wikipedia

Guiding Business

If you’ve got an itch for business, how about your own guiding company? This method of “making money playing with your hobby”, requires a lot more money to get started, but it can be very profitable.

Some individuals are making hundreds of thousands of dollars a year guiding people while doing the activities they love (i.e. sightseeing, skiing, climbing, kayaking, fly-fishing, Mt. biking, etc…).

Lets take a whitewater rafting company for example:

  • To keep it simple, say you just want to guide day trips down your favorite river. You find out that the going rate on an average is $80 dollars per day, per person and you have 4 rafts to guide.
  • Now a guide will cost you about $80 a day and you will need to pay for your overhead (i.e. insurance, gas, repair, etc…). So, if you figure 6 people in a 14ft raft not counting the guide, at $80 a head, you will bring in $480 a day. For each raft subtract $80 for your guide and another $80 for overhead and you now have $320 per raft. Multiply that by 4 rafts and you now have $1,280 a day.
  • Now, lets say you only run 5 days a week, that would be $6400 a week or $28,800 a month. If you run the whole summer season, your 3-month total would be $86,400!
  • Of course you need to pay for your 4 rafts, along with paddles, frames, PFDs, etc at a cost of $3500 a piece for a total of $14,000. You’ll also need a trailer and van or bus for hauling and shuttling, which can run you another $26,000 for a total of $40,000 altogether.
  • Finally, research shows that in order to be successful, you’ll need to spend at least 50% of your profit on business development and marketing, but that still leaves $43,200 Profit! And, if you decide to jump into the swiftwater rescue or wilderness medical training fields (Highly Recommended), you can double your profits by certifying people in the 3 months before your season starts. Many companies equal or make more money with their rescue training programs than they actually do guiding.
  • In the end, you could be making $80,000 a year or more working only six months out of the year! Not bad for a reasonable investment in equipment and we didn’t even talk about multi-day trips, which can be even more profitable. Besides, there are ways around the start-up expense, which we’ll talk about in a minute.

So, how do you get going? Basically, all you need is the knowledge (i.e. outdoor locations, skills and training) of your particular activity, the resources (i.e. capital and equipment), and then the permits and licensing to do it.

Regarding knowledge, the trick is to use an activity you already know and have an interest in, along with knowing specific areas to take people. Of special importance would be the rescue and medical training certifications. You should definitely get the emergency certifications for your particular activity to cover yourself liability wise, besides in order to obtain certain permits you’re often required to have these types certifications.

Regarding resources, you’re going to need capital for everything from advertising to equipment. This guiding company method is one of the most expensive methods of freelancing, but it can be a very profitable one. Two ways to lessen the expense are to run your office out of your own home and rent equipment.

An example would be to rent rafts from a local college rental program for anywhere from $50 to $80 dollars a day, I’ve even heard of people renting gear from other guiding companies at slow times. If you were doing Mt. biking, you could hook up with a local bike shop and rent bikes and gear from them. They may even cut you a deal because you’re bringing customers into their store and giving them free exposure. They also might be willing to give you discounts on your own personal gear, which is always a plus (something I‘ve used many times). Finally, depending on the activity and location, you can always require your clients to supply their own equipment. This method is not always feasible, but when possible it can save quit a bit on start-up expenses.

Regarding permits and licensing, you will need a business license and a permit to guide people in your area of choice. The business license will allow you to obtain the permit and the permit will allow you to access commercial use or guiding. Permits are issued by the land use agencies for the area you plan to guide in. Depending on the area and activity, the requirements can vary and change so it would be unrealistic for me to list them all here. What I do recommend is that you contact the land use agency for the area you plan to guide in and request their specific guidelines.

NOTE: Because of environmental impact and competition, a lot of areas restrict the number of permits they issue to guiding companies. For this reason you may have to buy a permit from an existing company who no longer wants theirs. The land use agency can sometimes put you in contact with the right people; otherwise use search engines to find business for sale sites, here’s a good resource that often has guiding companies for sell: Bizsale.com


To your success,
--Greg

"Please notify me of any new posts"

Enter your email address:

Delivered by FeedBurner

Reblog this post [with Zemanta]

Wednesday, July 29, 2009

Teaching and Guiding

Sea Kayaking at Wilsons Promontory in Victoria...Image via Wikipedia

Teaching and Guiding

Recreation and Leisure is big business. Americans are spending over $300 billion annually in pursuit of leisure. Trained professionals are needed to plan, organize, teach and manage programs, whether for large commercial enterprises, resorts, schools, city park and recreation agencies, disabled populations in medical settings, adolescent substance abuse treatment centers or tourism and convention bureaus.

An individual interested in teaching and guiding professionally can find numerous jobs with the right training and know-how. Also, an individual can pursue a job in teaching and guiding without any formal training, but your chances are much better the more credentials you have. Most businesses have their own in-house training programs, but the problem is getting in the house. The best way to do this is to have a powerful resume with extensive personal experience.

Beginner’s can start out teaching and guiding at anywhere from $75 to a $100 a day and with formal training in larger organizations, they can move into more permanent positions making upwards to $40,000 or $50,000 a year.

Another direction (I believe the best option) is private business, where teachers decide to go into their own business and teach private lessons for a very lucrative career. Someone who wants to make money from their hobby can earn quite a nice living teaching everything from pottery or basketball skills to kayaking, etc….

How To Break Into Teaching
When it comes to teaching, I could talk about all the little details of marketing a teaching business, but why not learn from an expert in the private teaching field. Here’s a great resource to help you with this avenue: CLICK HERE


4 Steps to Success
  1. Get educated.
  2. Gain experience.
  3. Start a business or hang your sign out.
  4. Teach or Guide!

To your success,
--Greg

CHECK OUT: http://www.FreeOnlineBusiness.org the site that finds and posts FREE software and tools for running an online business!

"Please notify me of any new posts"

Enter your email address:

Delivered by FeedBurner

Reblog this post [with Zemanta]

Wednesday, July 15, 2009

Starting A Website

Starting A Website
 
Here’s the nuts and bolts you need to start a website; you needed your own domain name (i.e. www.yourname.com), a quality web hosting service (i.e. the people who store your website's contents on their servers), web programming software to make web pages for content, and if you’re going to sell something online, you’ll need to have a shopping cart and merchant account.
 
To go with these products and services, you also needed to know html programming. Not to mention, all the other stuff that goes with a website, like marketing and advertising, etc...
 
How much does this cost? Well, a domain name is the cheapest at around $10/year, hosting is about $10/month or $120/year, programming software like Dreamweaver costs around $399, and shopping carts can range from $100 to $500 and higher.
 
So, you’re looking at anywhere from $500 and up, and that’s still not figuring in advertising and marketing, graphics, etc… You need to be able to market your website or no one will know you’re there. As you can see a traditional website could run you into the $1000’s.
 
After the nuts and bolts, what else does every online business need?
 
Well first, you need to have your own niche. It doesn't matter what the domain name is but you need to have one in a specific niche to start making money online.
 
Second, You need to be able to design a simple website and know how to edit it, and update it or make changes to existing pages. This is really important. You can't rely on someone else to do it for you.
 
Third, you need to have an email list service. You can sell them things later! First, you need to build a relationship, then, when you try to sell them something, they’ll be responsive. Research shows that most sales are made after 5 - 10 contacts, not on the first one. You need to get people to come back and a list is the best way. Most online businesses will tell you the money is in the list.
 
Fourth, you need to know how to monetize your site. Money is really only made two ways online, one is through advertising and the other is through selling products. Either you develop a content site that sells advertising, or you develop a content site that sells products, or both. Just remember that Content is King! People aren’t looking to be sold, they’re looking for INFORMATION.
 
Fifth, no matter what you do online you need content or niche information. People aren’t going online to buy things, they go online looking to solve problems and/or find information. Let me say that again... People surfing the web are looking for INFORMATION!
 
Last but not least, you need to have marketing tools to drive tons of traffic to your website. If they can’t find you, then you can’t build that relationship.
To wrap it up, as you move toward your goal of starting a website, you need to realize that you’re going to be off course a lot of the time. When a large airline jet flies across the ocean, most people don’t realize that it is off course upwards of 70% of the time with wind currents, storms, etc… How it gets to its destination is with constant course corrections, so by the end of its flight, its right on target.
 
Most days you’re going to come up against obstacles, the key is that you don’t give up, just figure it out and make those course corrections. That's just business... the road isn't always easy, but that‘s what makes it exciting, isn‘t it.
 
Those that succeed in an online business don't allow anything to get in their way. Like Cortez in history, they burn their ships and just keep going forward. Each day you’ll gain momentum and those obstacles will become easier. Not because it actually is easier, but because you will have changed and become better.
----------------------------------------------------------

There's just so much junk on the Internet today, how do you know what works? Well, you don’t until you try it. The great part is you can checkout this Free Online Business blog to learn how you can start an online business for free without spending one cent! I’ll show you how to get over 50 free software programs!

To your success,
--Greg

"Please notify me of any new posts"

Enter your email address:

Delivered by FeedBurner

Monday, July 13, 2009

Passive Income!

Passive Income!
 
I grew up with a father who owned his own business along with my grandfather before him. My father had many other friends who were fellow business men as well. As I watched these men and their friends over the years, I began to notice something. Those who were truly financially independent, owned their own business.
 
And, not just any business, they all had businesses that made money even if they were not there. If they were sick or on vacation… their business still made money, in business, this is called PASSIVE INCOME.
 
Passive Income is just that, passive. It is where you do not have to always be actively engaged to make money, it runs on autopilot and makes money on its own.
 
Usually, you have to do a lot of work to set it up, along with some regular maintenance, but once running, it generates income on its own. It is like the songwriter who spends weeks or months writing their song and then when it’s accepted, they get royalty checks from then on.
 
Passive income is a pretty slick deal if you can get it going. True financial freedom is usually only achieved by those who figure out how to do it.
 
With Passive Income you are always making money, you can never be laid off, sick or injured. Examples would be when someone has employees earning money for them, investments earning income (not lately), or even a website.
 
Properly setup, a website can become one way to generate Passive Income. Money is really only made two ways online, one is through advertising and the other is through selling products. Both of which can be turned into passive forms of income online.
 
And once your site has a large following, this is when your passive income really starts to grow, so when you are spending time with the family, on vacation or just sick in bed, you’re making money!
 
For more information on how to setup a website that can become a passive form of income, visit my new website FreeOnlineBusiness.org And, here’s the incredible part, not only will you learn how to create passive income, but it I’ll show you how to do it for FREE!

To your success,
--Greg

"Please notify me of any new posts"

Enter your email address:

Delivered by FeedBurner