Entrepreneurial Ways to Make Money

Making Money Ideas For Small Businesses

Ways To Make Money - David Siqueira
Ways To Make Money - David Siqueira
Need some new ideas on how to make money? Read these quick tips to get a creative jumpstart.

Are there really any easy ways to make money when it comes to owning a business? It depends on how one looks at the process. Either a business is already making money - and therefore can hire someone to bring in business or sales - or a business is struggling financially - and will therefore need to invest some time into more ways to make money. For those in the second category, this article is meant to suggest ways and ideas to increase sales as quickly as possible with a little bit of time and not a lot of cash.

How to Make Money Idea #1: Get Customers to Say Yes

When direct questions that have a yes or no answer are unavoidable, make the questions asked ones that are most likely going to be answered with a yes. After a yes or three, it is much easier to get a client to continue their roll and agree to some sort of purchase, or at least a commitment to look further into the product or service in question.

How to Make Money Idea #2: Stay In Touch Regularly

There's no need to have every contact with a client end in a sale. Instead, stay in touch to see how things are going so as to anticipate future needs. Then, follow up as needed and regularly. As well, the more contact with a customer - even if brief - the more times the business is being positioned as an expert in the field, making it a go-to whenever a specific need is required. Even a two minute phone call or monthly newsletter can make this tip an excellent one in a businesses' arsenal of ways to make extra money.

How to Make Money Idea #3: Offer a Guarantee

An easy way to make money fast is by offering customers a guarantee or trial offer so they can test out a product or service without worrying whether or not it fulfills a specific need immediately. Plus, confidence is contagious - so if the customer already knows a business person has absolute faith in whatever they are selling, their confidence in the product or service soars as well.

How to Make Money Idea #4: Open Doors With Smaller Sales

If the entrepreneurial venture in question is new or relatively unknown, one of the easiest ways to earn a new customer is to focus on the smaller sale or by offering an inexpensive taste of the product or service being offered in the form of a freebie. This way the lead can test the business to determine fit and function, as well as have something concrete to discuss with their teams and/or clients to determine if a longer business relationship or larger sale is warranted.

For more ways to make money, try: Where To Get Money - Fast, the Money Making Elevator Pitch, and the Make Money Challenge.

Photo of Bonny Albo, Entrepreneur, Bonny Albo

Bonny Albo - Bonny offers 20 years of writing experience to her readers. CNN, MSNBC, The LA Times and Macleans all reference her for expert advice.

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