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Learn from Golf... Create More Revenue
| Guest post by: Jenny Stilwell |
Article Overview: When you get to the golf course, you can play golf. Eighteen holes or nine holes. Hire a cart, or not. There’s also a shop with golf clubs and accessories, clothes, and food and drink as well. All revenue streams for the club.
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Learn from Golf... Create More Revenue
When you get to the golf course, you can play golf. Eighteen holes or nine holes. Hire a cart, or not. There's also a shop with golf clubs and accessories, clothes, and food and drink as well. All revenue streams for the club.
The core service is fairly straightforward, with a few options, just like many consulting and service-based businesses.
But, what I think is creative is the way that lessons are packaged, which all service-based business owners can adopt.
1. One-on-one lessons.
Pay a premium, but a minimum number of lessons because any less is futile.
Buy them for yourself, or as a gift for someone else.
2. Bring-a-friend lessons.
Have fun and bring a friend so you can learn together, then play together. Help each other after the lessons as well. Bringing a friend keeps you accountable to the learning process.
Less expensive than individual coaching; still have the option to purchase lessons in batches (minimum 6 lessons for example). Keeps people coming back and the lessons become an experience as they get to know the golf coach and improve their skills/position.
3. Group lessons
Don't have a friend who wants to learn with you, prefer not to have the lessons on your own...join a group.
Least expensive option, less option, less individual attention, but different dynamic with the group and opportunity to meet new people and make new friends. Golf plus social benefits!
4. Clinics
Group classes at special times of the year and to focus on specific techniques - driving, putting, long game, short game etc.
These clinics can be targeted at different groups - niche ‘products' for niche groups - kids, corporate groups, etc.
All of these options create new and ongoing revenue streams for individuals and groups. They can be purchased for immediate use, and as gift vouchers.
What could you do with your own offerings to repackage and create new revenue streams for your business?
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Article Tags: revenue streams
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About the Author: Jenny Stilwell RSS for Jenny's articles - Visit Jenny's website Want to use this article on your website or your own ezine? No problem! But here's what you MUST include: Jenny Stilwell is the founder of BOSSMENTOR®, a mentoring consultancy providing advice on strategy and business growth for professional, lifestyle-oriented business owners who want to grow the value of their businesses and ultimately spend less time working in them. To get your complimentary copy of Jenny's special report ‘3 Ways to Dramatically Increase Your Income & Business Growth' and receive her fortnightly information on marketing and business strategies that will help you create a better business, visit http://www.bossgroup.com.au Click here to visit Jenny's website   8 Ways to Generate New Business Start Building Your Brand 5 Steps to Focusing On Your Business Priorities Which Client Are You Success How will you know when youre there |
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hiring an employee
- You may want to consider contracting out instead of actually hiring.
Some factors to think about if you hire someone as an employee and you put them on payroll you will be required to pay CPP and EI, as well as deducting CPP, EI and Taxes from their paycheck and remitting them to Revenue Canada.
So you will need to
1. Register with Revenue Canada so you can make the remittenances 2. make sure you keep really good track of these deductions
3. it you don't have the time to do payroll you may need to hire a bookkeeper.
or
you could contract out the hours that you would need an assistant. The would be able to work from their space or your office.
There is another option that you might want to consider some of the community centers offers training programs for new immigrants or anyone wish to change professions some of these programs require that they offer their services for 6 or 8 weeks (no charge to the employer). If you need someone short term this may help you and provide extra training for someone else.
Microskills is one of the Community Centers that offer such programs. they train customer service personal, bookkeepers.
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- Hi Evan,
I see a new link for Ad Revenue Sharing - on Firefox this is killing the layout.
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- Hi Martin
I know it must be confusing going through the process of setting up an advertisement when you're not actually going to use it, but it's how it seems to work.
For anyone else who has problems with this process, simply follow these instructions courtesy of magnify.net and make sure you have created your Adsense Account and it has been approved.
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Now enter that number into Evan Carmichael Revenue Sharing Program and you'll be setup.
AdSense revenue sharing
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2007 Goals
- 1. Web site complete, fully operational
2. Revenue stream from both individual and corporate
3. Business Plan complete
4. Full marketing strategy complete and implemented
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