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About Startup CostsThe startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.![]() Keep track of advertising competition for other businesses. Business OverviewDid you know that companies that compete within the same industry regularly retain the services of an advertising clipping service to keep them up-to-date on how, why, and where the competition is advertising? Here is your opportunity to capitalize financially by starting an advertising clipping service. The key to success in this business is not to overcharge clients, but to work in volume. Charging clients a mere $30 to $40 per month to belong to the service will guarantee that you retain existing clients and attract new clients to the service very easily. Collect advertisements from newspapers, directories, magazines, and now the Internet and fax them to clients on a weekly basis. Securing and maintaining 100 regular clients can generate an income of as much as $35,000 per year.Related Business IdeasRelated ArticlesHow to Name Your BusinessWhat's in a business name? Plenty. Not only must your name reflect your brand and be memorable, there are also a host of legal issues to consider. Here's how to choose a name that'll best suit your business.
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