GSB-16: How to Add 5 Income Generating Mini Businesses in Your Gas Station and Earn Extra 1k/Month -Part 1

In this episode and the very next one I will be addressing again how to generate extra income. Especially how to add income to our bottom line by simply adding some extra income generating mini businesses to our existing business. The ideas I will be talking about today does not only apply to gas stations but most other brick and mortar retail businesses can try these and see some extra monthly income in their pocket. So stay tuned.

The 4 Mini Businesses I mention in this episode are:

  1. How to open a Mini Vape Shop
  2. How to Find and carry highly profitable Novelty and Health Related Products
  3. How to Carry Premium Cigars in your store
  4. How to have a Mini Wine store inside your store
  5. Red Box Video Rental

So far we talked about 5 ideas, like e-cigarettes, novelty and health related products, Cigars, wine and then Red Box movie rental booths. Take this as ideas and then do your own market research and find out what other similar items that you can sell in your store. You are not limited to these items there are plenty of other items that may do very well in your area. I am here to have you think outside the box.

Next week I will talk about few other avenues I use to generate extra income and those are mostly in two specific categories like Food and Money related. So make sure to check back and download next week’s episode.

The book I want to recommend today is written by Dave Ramsey, I am sure all of you know who Dave Ramsey is; he is not only an author but one of the best personal financial advisors, who has his shows on

Radio for many many years. The book is called The Total Money Makeover” This book is about how to organize your personal finance in and live free and happy. Those of us are in business, I think we need to be more in tune with our finances and be smart so we can enjoy some financial freedom. Enjoy the book.

Thanks again for listening to this episode, next week I will be finishing up the 2nd part of this mini business series. Until then, take good care of yourself and make sure to work smart and not hard.

 

Business 911

Coming Soon! "Small Business 911" Sign up for the newsletter to know when it's here!

Powered by Kit