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2 Small Business Ideas
#1: RESERVING HOTEL ROOMS FOR CONVENTIONS
This is rather a sneaky money-making trick but if done properly will bring in good money. In a year, there are so many big conventions being held in town. Hundreds of participants and sometimes thousands of them converge on the city to attend the conventions. They all need rooms to stay.
What you can do is prior to the convention, you book the hotel rooms in the area; book up to 100 to 200 rooms. This will cause a shortage of rooms at the time of the conventions and participants would be willing to pay a little extra just to be able to stay close to the convention halls. Though they will be paying extra for the rooms, they still save on time cost and the cost of traveling through traffic in the city to get to the convention halls. This is where you make money. Offer them rooms that you have earlier reserved at a higher rental. Sometimes people are even willing to pay double just to be near the convention site and save all commuting inconveniences.
If it is a political party convention, the party or candidates will pay for them and thus the rental does not matter any more. If you do not want to take risks with your money, you can arrange with hotel counters to keep reservations for you and arrange to share the profits. This would be more like it and all you have to do is wait for the profits to come in.
#2: SPORTS CAMPS
Short-duration sports camp is a good way of making money. This can be done during the school holidays. Parents will enroll their children to join these camps for two reasons. One is to improve their skills art various games. The other is to keep them occupied fruitfully during the holidays to prevent them from getting bored and then get involved in untoward activities.
You can charga a substantial fee and parents will pay. Engage a few sports coaches to teach these children the various games which can include soccer, hockey, squash and whatever is popular in your area.
To attract the crowd, attach a personality name to the camp like “Ryan Giggs Soccer Camp”. All you need to do is to make an arrangement for the star to appear on a day and work with the kids. The camp would be filled to capacity and you can pay 25% of the profits to the personality concerned. Do this for education as well and you will find yourself busy and good money flowing in.