Great Business Ideas - Make Money with an 800 or 900 Number

These are still great business ideas. Information, Information, Information, we live in the information age and delivering information through 800 and 900 numbers is still a great business idea. Various industries that once spent money to give information away are now using 900 numbers and making money selling the information that they once gave away. These industries include health care, banking and finance, government, entertainment, manufacturing, and computer technical support.

In the 800 and 900 numbers business you are selling information, and it is transmitted electronically. When you have an 800 or 900 number information business, you are an Infopreneur.

What Will It Cost

$799.00 one time set up fee (including first months maintenance fee)

$50.00 monthly maintenance fee (one extension)

There will also be a per-call price depending on the plan you choose.

You should compare prices because service bureau prices can vary.

What You Need to Know

• There no need to worry about inventory.

• No office space needed

• No warehouse

• No need for employees

• The only overhead that you really have is advertising.

The service bureau should supply:

• Real time billing and credit card authorization systems

• Forwarding live calls to multiple telephone line

• Web based software that automates and tracks the entire process of each call.

• Handle simultaneous calls with the ability to expand as the need arises.

• Set the maximum time allowed for each call.

• Handle per minute calls and/or flat rate calls

• Set business hours of operation

• Direct deposit revenue into your account each month

There are various ways to charge for your services

Flat rate billing-Charge callers on a per call basis:

Examples

$20.00 per call

$25.00 per call

$30.00 per call

$34.95 per call

Per minute billing- Charge on a per minute basis

Example

$1.99 per minute

$2.99 per minute

$3.00 per minute

$4.99 per minute

Custom billing –Combination flat rate and per minute billing

What You Need to Do

Contact a service bureau for prices, services

Think about what you want to sell, some service bureaus, will advise you about what will sell and for what price, because they know what works and what does not.

Examples:

• Advice lines

• Psychic lines

• Computer support lines

• Business consulting

• Law Line

• Live Medical Information

• Financial Advice

• Government Live Programs

Recorded Programs (information is pre-recorded)

• Music Line

• Stocks / Investment Line

• Joke of the Day

• Recipe Line

• Medical / Weight Loss Information

• Fund-raising

• Movie Hot-line

Put together a business plan and decide where to setup your phone

Start advertising in classifies in tabloids and niche magazine that are associated with your niche. You can also advertise through you own website, e-zines, business cards and as your business grows you can advertise on local cable stations.