The Outdoor Billboard Business – How To Make A Fortune Working In Your Spare Time
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Free PDF Download The Outdoor BIllboard Business - Make Money Purchasing Existing Billboards - By Frank Rolfe |
If you're like most people, you pass by outdoor billboards every day and probably don't think too much about them. However, did you know that those same billboards could change your life? If you own just a few billboards, you might be collecting checks in the mail every month rather than worrying about how to pay the bills next month. And investing in outdoor billboards is not as difficult to do as most people think.
The outdoor billboard business is a very easy business model. The primary goal is secure the rights to build and operate the sign from the land owner. You pay the land owner rent to use his space.Then, you build the sign and rent it to an advertiser. After paying a few bills, you keep the difference. The "difference" is where your fortune lies. It can range from a few thousand dollars per year to over $100,000 per sign.
Although most of the prime locations in the major metropolitan cities have been gobbled up, there is still significant opportunity in the outdoor advertising industry. Every time a property is rezoned, or a highway built, there may be a new opportunity to introduce a billboard. I also look for opportunity outside the city or underperforming signs in the big cities.
Here's another trade secret insiders do not want you to know. One of the best opportunities right now is small wooden billboards in smaller to mid-size cities. It general costs about $4,000 to $8,000 to build these billboards. They should cash flow about $3,000 per year each. If you had just four of these signs, you would have an extra income of $1,000 per month. Ten would yield $30,000 in additional cash flow. There are some individuals who have 100 or more signs and receive over $300,000 in cash flow per year!
Is it difficult to break into this industry? Not really!The outdoor billboard business is a game of strategy, not determined by the person who has the biggest checking account. It's also a business in which the big, public companies have no advantage over the individual. There are no scale issues or barrier to entry. In fact, the small guy has a distinct advantage over the big company because the small guy can move faster in neogtiations and build a relationship with the land owner.
The outdoor billboard business is something that can easily be done in the evenings or even just on the weekends. This isn't meant to be a full-time job as it is not really time intensive. When you build a sign, you do it once. When you rent the advertising space on a sign, you only do that one time per year. It is a business that revolves around thought and strategy -- not a whole lot of time in the field. Many people manage their billboard empire by putting in only a couple hours a week.
The billboard business is very enjoyable and rewarding. It is a true win/win business because you help advertisers sell their goods and services, and at the same time, help land owners maximize their income from their property. If you don't enjoy sitting at a desk for hours on end, this is the perfect business for you.It requires that you leave the office and go out into the field.
Your spare time, properly focused, can yield great financial and satisfaction rewards through outdoor billboards. Just a few of these things can improve your life. So don't ignore those billboards you see on the side of the highway every day. Instead, think about how this business can change your life. You'll be glad you did.
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Free PDF Download The Outdoor BIllboard Business - Make Money Purchasing Existing Billboards - By Frank Rolfe |
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About the Author: Frank Rolfe RSS for Frank's articles - Visit Frank's website Frank Rolfe became the one of the largest private billboard operators in the Dallas/Fort Worth area. He eventually sold his billboard empire to a public company 14 years later and is now sharing his expertise to anyone interested in getting involved with outdoor billboards. Rolfe is the author of the book, "Big Bucks from Big Signs", which teaches you the secrets of building a successful outdoor billboard business. Click here to visit Frank's website. Big Bucks from Big Signs |
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