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Trump’s Celebrity Apprentice

The Donald is returning to the place where he first staked his claim as a TV personality.

NBC has announced a premiere date for its “Celebrity Apprentice.” The seventh edition of the show, which will feature 14 reasonably famous people vying to raise money for their favorite charities, is scheduled to premiere at 9 p.m. ET Thursday, Jan. 3.

News

Online Stores: Hire A Commercial Collection Agency for Past Due Accounts

Online stores who are in America with overdue accounts in America can hire a professional commercial collection agency to attempt to retrieve money for them. Commercial collection agencies normally charge a percentage of the money that they collect for their services, and at times also charge a monthly fee.

The place to hire the collection agency is normally in the region that your debtor lives. Commercial collection agencies often know local deadbeats through prior collection problems and if you choose to hire a service in their neighborhood it can save both time and money. The time to hire an agency is instantly after the payments quit coming in.

Management

Seven Businesses You Can Start Tomorrow

Personal Concierge
A personal concierge handles “anything in the Yellow Pages as long as it’s legal, moral and ethical,” says Katharine Giovanni, founder of the International Concierge and Errand Association, now with 600 dues-paying members in 20 countries. Some established concierges act as general contractors who hire and manage a host of services, from cleaning to shopping.

Start-up costs: Minimal–other than basic liability insurance, perhaps a few hundred dollars per year.

Income: Dollars vary drastically depending on the client base, though six-figure incomes are not unheard of, says Giovanni.

Tip: Build a network of dependable vendors before you tackle bigger, more demanding clients.

Dog Walking
Yes, you can make a living cavorting with canines–it just takes a little scale, transportation and only a mild distaste for waste.

Start-up costs: A few leashes, some chew toys and maybe a vehicle, and you’re ready to go. You’ll also want a Web site and some insurance. One problem: Gas over $3 a gallon will sting walkers who round up their customers in sprawling suburbs.

Income: Depends on pricing and the number of dogs you can handle. Kevin Meadows, owner of Austin Dog Walkers, handles between 20 and 30 dogs a day. Annual pretax profits: about $60,000.

Tip: Take an animal first-aid course or volunteer at a shelter–if only to convince clients that they should trust you with their prized pets.

Wedding Consultant
You won’t find a more fanatical customer base than anxious brides, grooms and the parents writing the checks. Some consultants coordinate everything from scratch, while other parachute in on the big day to make sure things run smoothly.

Start-up and ongoing costs: All you need to get going is a phone, an Internet connection (for researching vendors) and a lot of patience. Consider advertising on wedding Web sites like TheKnot.com and WeddingChannel.com. Bridal trade shows cost as much as $5,000 per booth.

Income: Consultants charge $1,000 to $20,000 per event, depending on location and breadth of services. The best clear $100,000 a year.

Tip: Focus on the visual. Kerri Cooper, owner of Seattle-based Bliss Events, mails clients a formal, mock-wedding invitation when scheduling an introductory meeting.

Vending Machine Operator
Install the machines and let the masses snack to their hearts’ discontent.

Start-up costs: Between $2,000 and $3,000 apiece for new machines. Check out www.vending.org.

Income: A typical “45 Select” machine carrying 45 snacks (10 to 20 of each) generates $5,200 to $7,800 in annual sales; operators might keep 25% of that. In general, schools and hotels are the best locations. And don’t forget maintenance. “Half the battle with these machines is keeping them in working order,” says Lori Endres, owner of S & L Vending, an operator in Phoenix.

Tip: The more machines you own, the better pricing you’ll get from vendors. Note: Beware “blue sky” operators leasing machines at usurious rates.

Innkeeper
This one demands a bit of up-front capital, but not much more. Buy an existing business or rent out extra rooms in your house. In either case, you’ll be handling the cleaning and cooking (breakfast, mostly). You’ll also want to know something about the surrounding area to guide guests from out of town.

Start-up and ongoing costs: After liability insurance, you’ll need duplicate sets of linens, towels, dishes and silverware for all rooms. Ongoing expenses include gas, water, heating, food and cleaning (if you don’t feel like doing that yourself).

Income: Inns charge anywhere from $100 to $400 per room per day, depending on the location, amenities and season.

Tip: Run the largest inn you can afford–there is operating scale here.

Laundromat
Unlike a dry-cleaner, you don’t need to understand the art of stain removal to run a coin-operated laundromat. Nor do you have to spend all day at the office.

Start-up costs: Existing laundromats sell for up to several hundred thousand dollars, depending on location. Heavy-duty washers that can handle 50 to 75 pounds of clothes (four to eight typical home loads) cost up to $5,000 apiece; dryers, maybe $3,000. Maytag, Whirlpool and Speed Queen each have local distributors.

Income: Depends on the number of machines and how often they run. A 50-pound capacity washer will bring in up to around $7.50 per cycle (15 cents per pound of clothes); a 25-pounder, about $3. A busy laundromat can keep its machines running 30% of the time. Typical operating margins: 20% to 30%.

Tip: Downtime is a killer, so have competent maintenance people at the ready.

Nightclub Promoter
Socialites on steroids might like this gig, which involves rounding up partiers to drink and dance at local hotspots. And with all those viral social networking sites, you don’t even need a big Rolodex to start.

Start-up costs: Mainly your time. Work everybody–the doorman, wait staff and possibly the club owner–to land your first gig, says Noah Tepperberg, the owner of Marquee nightclub in New York City.

Income: Promoters get paid a flat rate or on a commission basis, depending on the number of people they bring in. Snag a high-roller and you might even get a percentage of what he or she spends. The best promoters in New York City pull in a few thousand dollars in one night.

Tip: It’s easy to get ripped off in this business. Work only with club owners you trust.
 

Business Tips

Writing Down Your Goals Increasing the Odds of Success

If it is not written, then it is not real. This was a common saying of the famous self-help guru Tony Robbins and it is a very accurate assessment. When we travel forward in life without really planning out our goals, the ability to succeed can prove elusive. This is why it is helpful to plan your goals and write them down. The latter is an important point because while we will often plan our goals, we will not write them down. However, writing goals down will often lead us to taking them more seriously. If we take our goals more seriously, then the odds increase that we will follow through and make our goals happen.

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