Nowadays people in the business industry aren't thinking straight. As a teenager, I have come up with a plan that could almost be flawless and high profitable making. Instead of selling essential equipments for schools, facilities, factories, job-sites, etc, why not just rent it to them instead of selling the equipment? If they agree to sign the contract then for sure, you would make a profit in the long run. The start-up cost to run this sort of business depends on you, whether you want to start a low budget as renting out 5-10 equipments then that's fine. Because once you find out that this strategy will work, eventually you will decide to change your budget so increase profit gains. Here's an excellent example of why this strategy works. Almost all casino's have machines that shuffle decks automatically but you just have to deal them, these shuffle deck machines are rented out to casino's and get charged every month with a contract of one year. Just imagine how many tables are average in a casino using the shuffle deck machine. So perhaps we could find out what kind of target company would require equipment needs and rent it to them.
In today's society, technology services have become very poor. Whether it's cell phone or computer services, it's just not enough to meet the customer needs. Suprisingly, a monopoly is occuring in this one company. No one has even decided to open up an all around technology service repair store. There is only one store in BC that does this and I must say, their services are absolutely terrible. Sure their services are terrible but they get some of the job done and still meet customer needs because they have many employees working there. However, I would like to twist this type of strategy, if you hire too much employees, you're expenses will make it break-even but, if you were to hire people with experience in repairing devices then this would cut down you're expenses. It's important that every business always has a substantial customer service because you want to make customers satisfied.
