Adrian Newman’s latest ‘e-Wealth Daily’ article is titled “How a Brick-and-mortar Business Benefits from Paper”. [Adrian Newman’s Article]


Adrian Newman’s latest ‘e-Wealth Daily’ article:

How a Brick-and-mortar Business Benefits from Paper

Many entrepreneurs have dreams about owning and running a brick-and-mortar business. These dreams are filled with images of doors bursting open and hundreds of excited customers
filling up a store or restaurant or whatever dream business you may have.

To get started running their own business, quite often entrepreneurs will look at franchises. These can be great profit centers, and they come with all the information and tools needed to run and operate them.

There’s just one thing standing in the way: the upfront cost of actually licensing a franchise. The more popular the chain, the higher that price tag creeps up.

However, if you’re looking to run a business, can’t afford a franchise and aren’t interested in starting from scratch, you may still have another option.

In my neighborhood, people often mourn the loss of a long-standing business. Whether it’s a popular restaurant or a local mom-and-pop grocery store, the loss of these businesses that
have helped define a neighborhood really strikes home.

This is where your opportunity lies. Now, a business on the verge of closing is something that may at first sound like a bad investment. However, you must consider the reasons why they
are closing shop.

Perhaps the family has just lost interest in running a business, or perhaps they are hoping to pursue other business ventures. In these instances, it could be possible for you to move in and
take over an existing business — possibly even without all of the high costs a franchise would include.

Keeping your new business afloat will take some work. You’ll have to learn the quirks of the neighborhood and most likely the names of all of the regular customers.

You can even introduce something new to the business. An information marketing product, such as a newsletter, is a great way not only to connect with the locals, but also to give them notice and get feedback about changes you hope to make.

In short, there are some great business opportunities to be found in every neighborhood. Small businesses are essential to many towns across the country, and one of them may just be your key to success.

e-Wealth Daily

About e-Wealth Daily

The e-Wealth Daily Bulletin brings you daily tips, advice and breaking news related to home businesses, small businesses and internet marketing. Our team of experts gives you the information you need to take your business pursuits to the most profitable level. Founded by Adrian Newman in 2003, the e-Wealth Daily Bulletin and www.ewealthdaily.com are a division of Lombardi Publishing with online newsletters reaching over 100,000 subscribers each month.

* IMNewsWatch would like to thank e-Wealth Daily for granting permission to reprint this article.

Sharing is caring