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Latest Breaking News - Business - Viewing: Cotton Candy Cash - How Sweet It Is! Friday, November 20, 2009 I love Cotton Candy Machines, I mean I really love cotton candy machines. I first discovered the power of cotton candy in 2001 when I invested in one machine. I quickly realized that I did not have enough machines to meet the demand so I invested in 4 more. The next week we kicked off a promotion that offered cotton candy, Balloons, and a bouncing castle for $199, which became an instant hit. My thrill over the success of this promotion lasted only for one week, to be exact it lasted until that Sunday night. Even after we spent extra time at each delivery explaining how to operate the cotton candy machines correctly, the customers still managed to burn out the motors on 4 out of the 6 machines. All of the machines were under warranty, but the problem was now the the turn around time for a replacement was 3-4 weeks. I did not have the luxury of time due to the fact that all of the machines were booked out for the next weekend. So imagine a grown man crying like a 4 year old child, and you have just capture my mental breakdown moment. It took me about 48 hours to pull it together, I was at the very bottom a pessimistic pit. I did not want to buy 4 new cotton candy machines in order to replace the damaged units therefore, I had to come up with something really fast. Whenever your faced with catastrophes in you rental operations I want you to approach it from the positive position of what resources do we have that will minimize the impact to future obligations. When I applied this problem solving principal to my current situation I came up with the following solution. Four out of the six cotton candy machines were destroyed the first weekend out. This left me with two good machines to cover six parties. So I came up with a plan to split the two machines in between both parties. I then called each customer and announce that their party has been selected to receive a free concession server to operate the machine for one hour. The customers all loved the ideal because their biggest concern was how to operate the machine without making a huge mess. I have had plenty of good ideals over the years but this one was, and is still the greatest of all time. I recruited my brother to take three parties, and I even paid one of my drivers to get in a Winnie The Pooh suit for one hour. The plan was a hit and we totally excited the entire party, business cards were flying everywhere. I discovered with this method that I actually made more money on each machine than if I were to rent the unit to one customer for the entire day. Once the replacement machines finally arrived I hired a cotton candy / costume crew to entertain 18 parties per day, at a charge of $229 each. The Recording Artist Seal 1991 song "crazy" says "were are never going to survive unless we get a little crazy". In our business "crazy'' represents creative thoughts. If you allow your creativity to flow no matter how crazy it make seem, you will enjoy the taste of sweet profits.
Bouncing N Cash Inflatables Sales & Training http://www.bouncingncash.com Note: You are free to reprint this article as long as the text links remain intact. Article Views: 29 Related Articles Choosing The Right Office Space For 2010 Choosing the right office space for your business or company can be a rather difficult business. There are, after all, numerous considerations and with the downturn in the economy continually on the horizon and hanging over the heads of millions of businesses and companies all around the world, saving money is more important than ever. Make Money Real Estate Investing Australia | Working With Real Estate Agents If you are like many people, chances are good you looked around different neighborhoods, saw a few homes that were for sale, maybe visited an open house or two, and then felt stuck. What is the next step when you want to make money real estate investing in Australia? Approach the home owner? Visit a real estate agent? Finding the right real estate agent when buying a home depends on what you are looking for in a home. You may have to visit several real estate agents before finding one that listens to your wants and needs. Make Money Real Estate Australia | Using The Housing Market To Your Advantage By paying attention to current housing trends and keeping a watchful eye on the homes in your area, you will be able to make an offer on a home that will be accepted. Learning how to calculate the most realistic and profitable offers to make is crucial to being able to make money real estate investing in Australia and elsewhere. Make Money Real Estate Investing Australia | Information Real Estate Agents Should Tell You There is plenty of information that real estate agents can tell you about the homes you will be viewing when you shop around for properties to make money real estate investing in Australia. To Make Money Real Estate Investment Is About Finding Good Deals Real estate investments are often treated as one the best ways of investing money. However, what you are looking for is not just any real estate investment, but a great property to make money real estate investing that can give you good returns. Buying From China - A Guide To Business Success Using Wholesale Lists Retailing is when you get loads of something that everyone wants and sell each individual piece at a better price so that you make a profit. As easy as that! And if you are thinking of starting your own business and standing on your own feet retailing is the best option you've got. Buying From China Using The Internet With The Help Of China Trade Database Are you aware that the retail industry of the United States is one of the most lucrative businesses to get into? How better can you earn more money in the US than by selling goods that are made in China? Choosing A Storage Space Company Today, families are shifting base for several years at a time, across continents, never knowing if they may return or not. While some people prefer to sell off their stuff immediately, others prefer to retain a few or all of their belongings for a while, until they can make up their mind or dispose of them in other ways. Businesses, on the other hand, are fast spreading across the world, and they may need some storage while they are in the process of setting up. How To Start Your Own Record Label From Scratch - A How To Guide It might surprise you to know that many famous record labels were started not by wealthy music impresarios but by music-loving individuals with only a limited capital and a dream of recording bands they loved and bringing them to the attention of a broad audience. Five Tips On Office Relocation Thinking of relocating your office for business reasons? Be sure not to be too hasty. Being hasty will just create more problems for you and your fellow colleagues. Here are five tips on how to relocate a running office. |
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