How to Make Extra Money Every Month in Your Small Business : Wouldn’t it be great if you could have some extra money for your business or household?
You can use it for extra how to make cash flow, for employee bonuses – or you can take it home for yourself.
The good news is that there are several opportunities in your business right now – if you take advantage of them, you can make an additional $3000 a month in your business.
Here are some areas in your business that you can take advantage of, and turn into a source of additional profit for you and your business.
1. Pack your skills.
In the course of your work, you provide valuable advice to your clients. Why not incorporate this advice into a report and sell it to your customers at a low price? E-books and reports are easy to put together (or you can outsource them) and easy to distribute.
2. Turn your services into products.
Many of us provide services to our customers. But the systems we use to deliver exceptional service can be packaged and sold to our customers.
This could be an excel spreadsheet that you design to manage construction costs. Or the school curriculum for teachers. Or even a “how to” manual on how to start a business etc. If you can make people’s lives easier with a great system, they will pay for it.
3. Sell parts of your system – which you usually give away for free.
If you provide customer service in stages, you may charge a fee for each stage. Instead of a free estimate, you can charge for it. You can charge a fee for a design. You may charge a fee for the initial consultation. You may charge a fee for evaluation. If there is enough value there, you can make more money from it.
4. Sell your products online with an Ecommerce store.
If you haven’t started selling online yet. You’re missing out on a huge opportunity – and more customers. The best part about selling online is that you can sell nationwide and find more people who really need your product. You can also automate the process into turn-key and passive income streams.
5. Sell your products online to your competitors.
You may get big discounts from manufacturers because of your relationship with them. Well, why not sell your products online to others in your industry? They will want to buy from you to get a better deal than they are currently getting. This is also a great way to get rid of excess inventory.
Your assets may not be used 24/7, so you can make money by renting them out to others. You can rent your truck, your space – even your employees. The idea is to maximize the full value you can get from all your assets – instead of collecting dust in the warehouse.
If you just try a few of these ideas – you will make the extra money needed for your small business needs and you. more sales and make more money in as little as 30 days.