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Entrepreneur Tips: Top 7 Lucrative Paper Businesses You Can Run

By J. Stephen Pope

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Why not run a lucrative paper business? Paper businesses do not require large investments of capital for expensive equipment, inventory, and buildings. Many paper businesses can be run from your own home. A paper business is a business that can be operated mainly using pieces of paper, such as contracts, invoices, shipping documents, et cetera. Here are seven excellent paper businesses that you can operate.

  1. Consulting: Consultants charge large fees for their
    knowledge, expertise, skills, connections, experience,
    and other assets. This business can be operated from
    home with little more than standard office equipment
    and supplies. Consulting is a paper business because
    your product is an intangible service. Your results
    are often summarized in a written, paper report and you
    use written contracts to protect your interests.

  2. Finding: A professional finder finds something needed
    by a business or individual for a finder`s fee. The
    finder doesn`t invest in product inventory because he`s
    not selling it. He simply collects a fee for arranging
    to introduce a buyer to a seller. The finder conducts his
    business using contracts and other written documentation.

  3. Drop Shipping: Another business (or method of business)
    where you don`t invest in product inventory or retail
    space is drop shipping. When your customer buys from you,
    perhaps through the mail, by phone, or on the Internet,
    you simply contact your supplier, who then ships the order
    to your customer. Your paper business involves taking the
    order, billing and collecting from your customer as well
    as ordering, giving shipping instructions, and paying your

  4. Affiliate Programs: With affiliate and associate
    programs, you collect commissions from the sale of other
    peoples` products. Again, you have no investment in
    product inventory or expensive facilities.

  5. Webmastering: Another knowledge-based paper business
    is webmastering. Whether you design websites, perform
    Internet marketing, or render other needed services, your
    business is again mainly intangible services backed up by
    paper records and contracts.

  6. International Trade: Many times import and export
    transactions can be conducted on a commission basis.
    It is also possible to buy, sell and ship merchandise
    without ever having even seen it. Letters of credit,
    bills of lading, and other agreements are needed in
    this paper business.

  7. Licensing: Instead of trying to finance the manufacturing
    and marketing of your invention, why not license it to a
    company with the expertise and capability required? You will
    then receive royalties in return for your idea. As well, you
    could become a licensing agent, arranging licensing deals on
    behalf of other companies and individuals, taking a
    percentage of sales as compensation.


J. Stephen Pope, President of Pope Consulting Inc., has been helping
clients to earn maximum business profits for over
twenty-five years.

For valuable Work at Home Small Business Ideas,

Article Submitted On: December 12, 2004