Friday, February 15, 2008

Brilliant Business Idea


As a devout Stay-At-Home mom. I have looked and looked for a homebase business that would work. I finally found one that I think is brilliant.


I wish I could take the credit but I can not. A gal at church and her sister came up with this one.


The sister worked at the local library which has a ballroom that is often rented out for various functions. A popular function being weddings and receptions.


This gal noticed how absurdly high the rental prices for seat covers were ($5.00 per seat). She and her sister made 200 seat covers and rent theirs out for $1.00 per seat.


Yes, it was a BIG, HUGE, ENORMOUS project making those covers but once finished the work is minimal. They schedule the rentals, collect the money (plus account for it) and wash the covers once finished. I am sure there is the periodical mending and or replacing.


Now that the covers are more than paid for, the costs are minimal and the profit margin is substantial. I LOVE this idea and need to do some homework to see if there is another location that could use seat covers. Or see if there are other items that need renting out.


I forgot to mention, that there is no advertising. The group that rents out the facility hands out a list with the products to rent and who to rent them from. They have competition but their prices more than ensure plenty of business.


Now here is where your kids business idea could come in. Their business could be set up and take down of the covers. Something most kids could handle. It would be work but well worth it. Even if they charged 50 cents a seat that is $100 per business dealing.


I LOVE this idea! Anyone with other ideas or expound on this one?

3 comments:

chelle said...

Love the idea. You are always thinking. M

Kersten said...

Julie, What an excellent idea! Almost no work for you...only profits! You should make matching table cloths too. (Maybe your profits could eventually purchase matching centerpieces that could go with any occasion.

julie said...

Great idea Kersten. Thanks!