Business Opportunities

50% Return on Investment?

Experience Based Ideas

I immigrated to Manitoba from India two years ago.  According to Google, the population of India was 1.339 Billion.  I am sure it is even a larger number now.  Such a significant population base in a relatively small area creates many business opportunities and allows for significant competition. The competitions lead a path towards strategies of new marketing, critical thinking, using trend analysis, and creative ideas. Creative thinking and always changing benefits businesses anywhere in the world. Based on my two experiences of living in two divergent markets, I have created some ideas of my own.  

Advertising:

Taxis in Winnipeg operate on deriving income only on passenger fares.  They are missing out on opportunities for additional sources of revenue. Advertising on cars would benefit both the taxi and the company buying the advertisement.  There would be an additional source of revenue for the taxi and the company advertising would have a mobile billboard operating throughout the city.  

This additional income could also benefit passengers if the taxi company had more income and considered lowering fares. Taxis are an excellent vehicle for advertising because they are always on the move wherever there are people.

I strongly believe in using taxis as modes for advertisement because it maximizes revenue potential by having a vehicle being able to make revenue two ways doing one function.  

They have maximized this in India where even rickshaws are used for advertising.  

Housing:

Housing remains one of the largest investments that people will make, however, it doesn't offer a return on investment in the short-term.  

One way to make a profit on housing is to find investors.  You don't necessarily need mega rich investors.  

A basic example.  You buy a house worth $250,000.  You can arrange for 10-15 investors. 

So, if you have 10 investors, they would only need for provide $25,000 and the home would be owned free and clear.  

The house would be rented for 7 years for about $2000/month.  Based on those calculations, in seven years, you would have collected $168,000.  Since you would have a number of investors, jobs like accounting, collecting rent, and maintenance could be rotated or shared. 

In that seven years, the home would increase in value.  Even if it only increased by the amount of inflation, you could expect to sell the home for $255,000.

Rent plus sales cost would equal $423,000.  If the money from rent was invested in a GIC, that would generate additional income to cover maintenance and other costs.

Total income/investor               = 42,300

Investment                                 = 25,000

Net Profit                                   = 17,300

Profit rate                                  = 68%

With 15 investors, the profit margin would still be the same, however, the initial investment would be less. 

Using the same assumptions, if the rental period was extended to 10 years, the profit margin would be approximately 98%.  If you extended the rental period to 15 years, the profit rate about be about 146%.  

This also does not take into account increases in the rent over the rental period.  

Carry bag :

Cotton bags are a great opportunity right now as we are all trying to leave a greener footprint.  The materials are relatively cheap and can be made economically as there are already large textile businesses ready to do piece meal work.  At a high volume, you can make these bags for about $.15.  They can be sold in bulk to large corporations for $.30. There are popular because all companies are looking for opportunities to advertise that they are environmentally conscious.  As they are re-usable, the companies benefit over and over by having their company visible.  

It is another win/win opportunity. 



I am currently working on further business ideas and trying to design applications for smart phones that would make life easier for the consumer.  Stay tuned......