Home Business 3 - Make Loads Of Money With Folios
One of the easiest and extremely lucrative home business opportunities that can be started almost immediately is with folios. A folio is a money-making report. A single report consists of one to two pages of a certain topic - the reports that sell the best and which are in high demand are money-making reports. Here's how this home business opportunity works.
Step 1: Buy Reprint Rights To A Batch Of Reports/Folios
Look through business opportunity magazines or on the internet for reports that are on sale by their authors with reprint rights. Reprint rights give you permission to duplicate and sell the reports in unlimited fashion with no further royalties payable. Stick to money-making reports because these sell fast.
Once you receive these reports, bundle them into sets of ten to twelve in terms of their theme. Set a price per bundled theme and choose one single report that you will want to give away for free - this is used to entice your prospective customers to buy from you as you will see later on.
Step 2: Make Up A Brochure
Now, make a brochure/sales letter to advertise these bundled reports and set a price. Your brochure/sales letter must include an order now cut-out coupon, the price for the reports, method of payment required and an address to send payment and order to.
Step 3: Advertise
Now, advertise the free report you have chosen in the classified sections of your local papers or on the internet and provide your address details. People will send for your free report. Send them the free report and the brochure you have made up in order to get them to order your bundled reports from you.
Step 4: Despatch
Once you receive an order and payment from the customer, make copies of the relevant report bundle and despatch to them immediately. Bank the money.
If you persist with this process and pump profits back into your business so that you can increase your advertising reach, you will find that this home business opportunity can snowball into a very lucrative affair.
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