Tuesday, December 1, 2009

How To Make Money By Installing Peep Holes

Business Name: Peep Hole Installation Corp.

Business Description: Most people use a peep hole on their front and back doors so that they can look out and see who is there before opening the door. This is a simple safety feature that is built into many doors. It provides peace of mind for occupants. However, many people do not have peep holes on their doors. This is where you come in.

Business Logistics: There are dozens of places where you can buy a peep hole. I suggest looking at any hardware or home renovation store such as True Value, Lowe's, or Home Depot. You can look online as well, but remember that you'll have to pay extra for shipping. You want the cheapest peep hole you can find. The next step is to look for a housing development or condominium complex that does not have peep holes. These complexes are almost always built by the same company, and each unit is identical to all other units. If there is no peep hole on the first door you see, there probably are no peep holes anywhere in the whole development. All you have to do is knock on a door with no peep hole, give a short sales pitch, and then install it on the spot. It takes about 5 mins. You can charge $15.00-$20.00 for the service for very little work. The hardest part of this job is selling your service to your potential clients. That is why you should start with large developments. This will enable you to try numerous houses in a single Saturday afternoon.

Business Costs: Cheap peep holes can be bought for less that $5.00. You will also need a cordless drill, which is nice to have anyway. If you have to buy one, you can get a good one for about $50.00.

Business Risks: The only thing you are risking is the cost of your materials, which is minimal. Start with a single installation. If you find a customer quickly and easily, you can go out and use the profit to buy a few more peep holes. If you are only spending your profits, you can't lose.

Feasibility Quotient: 27

Competitors: None

Marketing: This service sells itself. If you find a house without a peep hole and present yourself in a respectable way, you should not have any trouble.

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