Why not run a lucrative paper business? Paper businesses do not
require large investments of capital for expensive equipment,
inventory, and buildings. Many paper businesses can be run
from your own home. A paper business is a business that can
be operated mainly using pieces of paper, such as contracts,
invoices, shipping documents, et cetera. Here are seven
excellent paper businesses that you can operate.
1. Consulting: Consultants charge large fees for their
knowledge, expertise, skills, connections, experience,
and other assets. This business can be operated from
home with little more than standard office equipment
and supplies. Consulting is a paper business because
your product is an intangible service. Your results
are often summarized in a written, paper report and you
use written contracts to protect your interests.
2. Finding: A professional finder finds something needed
by a business or individual for a finder`s fee. The
finder doesn`t invest in product inventory because he`s
not selling it. He simply collects a fee for arranging
to introduce a buyer to a seller. The finder conducts his
business using contracts and other written documentation.
3. Drop Shipping: Another business (or method of business)
where you don`t invest in product inventory or retail
space is drop shipping. When your customer buys from you,
perhaps through the mail, by phone, or on the Internet,
you simply contact your supplier, who then ships the order
to your customer. Your paper business involves taking the
order, billing and collecting from your customer as well
as ordering, giving shipping instructions, and paying your
supplier.
4. Affiliate Programs: With affiliate and associate
programs, you collect commissions from the sale of other
peoples` products. Again, you have no investment in
product inventory or expensive facilities.
5. Webmastering: Another knowledge-based paper business
is webmastering. Whether you design websites, perform
Internet marketing, or render other needed services, your
business is again mainly intangible services backed up by
paper records and contracts.
6. International Trade: Many times import and export
transactions can be conducted on a commission basis.
It is also possible to buy, sell and ship merchandise
without ever having even seen it. Letters of credit,
bills of lading, and other agreements are needed in
this paper business.
7. Licensing: Instead of trying to finance the manufacturing
and marketing of your invention, why not license it to a
company with the expertise and capability required? You will
then receive royalties in return for your idea. As well, you
could become a licensing agent, arranging licensing deals on
behalf of other companies and individuals, taking a
percentage of sales as compensation.
