Brilliant Business Ideas: Turn Useless By-Products Into Cash

Anybody who is looking for brilliant business ideas needs to study the life of a man called Henry Ford, the founder of the Ford Motor Corporation.In case you don’t know who this man is, Henry Ford was the inventor of the Ford Model T – the first mass-produced automobile in the world. The man literally invented the assembly line which is used in industries all over the world today. The assembly line invention was significant because it enabled Ford to increase production and produce many more cars than before.But what I want to focus this post on was another business he was involved in which very few people took interest in. This business genius took the wood scraps that were left over from the production of his Model T’s and turned them into charcoal briquettes (used in cooking and heating).This “side venture” (built off of by-products) became so profitable that he built a separate charcoal plant and founded the Ford Charcoal Company, which was later renamed Kingsford.There are obvious by-products or waste that are generated by many enterprises. To give an example, there is saw dust which is generated by sawmills. This can be put to a lot of profitable use. For instance it can manufacture particleboard and even fireplace logs.It is said that every art of creation has a byproduct which means that whatever business you are doing or want to do is sure to generate “waste” which is actually a byproduct that you can turn into huge profits.A few of the brilliant business start-up ideas in my book involve making huge profits from byproducts and they don’t have to be your own byproducts. I hope that gets you thinking in the right direction.But let me tell you another true story from right here in Kenya about a company that made huge profits from the waste it was generating.Everybody knows about Nation newspapers. The company publishes the highest circulating daily newspaper in the region. A few years ago they had a serious problem. The price of oil, as always was on the rise and the cost of distributing their newspapers was growing alarmingly. The waste they generated was the extra space in the huge pick up vans that remained when the newspapers were packed to be delivered to various towns and destinations. There was even more “waste” when the van came back from delivering the newspapers virtually empty. What a waste.And so they devised a way to turn the “waste” or by-product into huge sums of money. They launched a courier service to deliver letters and packages all over the country. They called the company Nation couriers. Immediately they had a huge advantage because newspapers are delivered daily and they usually have a very tight delivery schedule because daily newspapers are perishable products that must be delivered on time. Today’s newspaper cannot be sold tomorrow. It has to be sold today and preferably early in the day. And so Nation courier could promise it’s customers that the package will reach it’s destination without fail the next morning.This brand new overnight courier service created from a “waste product” has made huge profits for the Nation media group and also makes their newspaper delivery very efficient.Take a closer look around you.What is being wasted?Can you turn it into profits?

Avail Ready Finance For Business Through Quick Commercial Loans

Business people always require finance either for starting a new venture or for expanding the older one. The finance must come to them easy and quick. Considering their urgent requirements, loan product quick commercial loans has been specifically designed. Business people can utilize quick commercial loans for making investments in infrastructure, buying products and services, starting new project or expanding the established one.

Business people are required to furnish some details of their business before the quick commercial loans deal takes place. They are supposed to give audited financial statement of last 3 years in case of starting a new business. For expanding the business, lenders may ask business financial statements, balance and profit-loss statements. Lenders would like details of owners, partners and stockholders of the business as well.

Business persons can avail quick commercial loans either in secured or unsecured form. To take secured quick commercial loans, also called commercial mortgages, borrowers should place commercial property with the lender as collateral. With the loan secured, lenders provide business people quick commercial loans anywhere in the range of £50,000 to £50,000,000. Larger loan will depend on the higher equity in the collateral.

Because of the secured nature of the loan, interest rate remains lower on quick commercial loans which infect can be brought down once the borrower compares different loan packages. The interest rate comes in variable and fixed options. Under fixed rate, interest rate and monthly installments amount are predetermined and borrowers know how much they have to pay and thus they can plan the loan. The interest rate in variable option can change any time according to the market and borrower may be paying higher rate if it goes up.

There is a larger and comfortable repayment period of 12 to 25 years to the borrowers in case of secured quick commercial loans. The loan amount and repayment duration, however, should be chosen carefully keeping one’s financial capacity in mind.

For availing unsecured quick commercial loans, borrowers should produce concrete proof of their repayment capacity and business profile. Credit score of these borrowers counts a lot in settling the loan deal.

Even if you are labeled as bad credit, availing quick commercial loans should be no problem provided you have a plan of loan repayment laid down before the lender to win his confidence. Make efforts to take your credit score closure to acceptable level of 720 in FICCO scale which ranges from 300 to 850. A credit score of 580 and below is considered as bad credit. Have your credit report checked and make it error free and also pay off your easy debts to show improvements in credit score.

Apply for quick commercial loans online as this way, out of numerous loan offers; you can pick up the one having lower interest rate.

Quick commercial loans become an instrument of sound financial health for business people if a lot of thought goes into availing it. Be particular in paying monthly installments at due date.

How To – Launch a Graphic T-Shirts Website in 24 Hours

1.) 8:00 AM: REGISTER A DOMAIN NAME. This takes up to 24 hours to go through so start out by getting yourself an on-target graphic t-shirts domain name. One that happens to be available right now: RadGraphicTees.com. It includes one of the most searched keywords in terms of graphic t-shirts: graphic tees and is fairly easy to remember.

2.) 8:30 AM: HOST YOUR DOMAIN. Find cheap hosting for around $9 per month with minimal bandwidth to begin with. You can later upgrade later once there is more demand for your graphic tshirts. Make sure you have MySql and php abilities and at least 5 Gb of space.

3.) 9:00 AM: BUILD YOUR GRAPHIC TEE WEBSITE. Hopefully you know some html and/or php – MySql. (If you don’t, you have many options, which I will go through later. ) Start simple with your graphic t-shirts site design. Be minimal and use large images. Follow the example of the leaders in good design such as Threadless or Indie Shirts. Avoid using unnecessary Flash and keep your code clean. Include strong calls to action: “buy”, “buy”, “buy”. Remember your goal: you want visitors to not only like your website, but to purchase your graphic tees. First mock-up the design in Photoshop, then code it. As for creating the e-commerce functionality, you may need to rely on a web developer if you have only basic skills. Otherwise, there are solutions through WordPress and Joomla extensions, Paypal, and countless online services to help you with this. Good luck. This will most likely be the most stressful part of your endeavor.For those who do not know how to code html or know anything about making a website, install WordPress to post each graphic t-shirt one by one, each with its own post. This is a different kind of website for graphic tees, but will still work. Just make sure to eventually customize your look and add your e-commerce functionality later down the road when you learn how. At first you can simply try and create buzz around your t-shirts and sell them later.

4.) 9:00 PM: DESIGN YOUR GRAPHIC T-SHIRTS. To have a line of t-shirts, you only need one t-shirt. To begin with, come-up with an idea. Refer to my guide on how to do so if you need help. Adobe Illustrator and Photoshop are a great place to start. Look for free vector images if you want to add anything besides text to your graphic t-shirts. Your tees should deliver a message and look cool at the same time. Also, try and make them original so that your website in particular stands out as a place to go for great graphic tees.

5.) 12:00 PM: PHOTOSHOP YOUR DESIGN ON TO BLANK T-SHIRTS. Until you have printed any graphic tees, simply take your designs and Photoshop them on to blank t-shirts. One color of each design will do, with other colors available. Place your cool graphic t shirts on a background that is plain, making them easy to see, or that says “urban”. You can start printing a limited number of t-shirts right after your website is launched, and based on demand. Crop these to the right size and upload them to your graphic tee website.

6.) 5:00 AM: ANNOUNCE YOUR NEW GRAPHIC TEE WEBSITE. Use an online press release agency, go to every single graphic t-shirt blog you know – or that you find through Technorati – and post information about why your new graphic tee website is the best. Once your site goes live, be sure to use StumbleUpon to drive traffic to this fresh content. Digg a blog entry about your website if you create a blog (it’s a good idea).

7.) 8:00 AM: (if you are still awake) GO TO BED. YOU JUST CREATED AN ONLINE GRAPHIC T-SHIRTS STORE.