Leicester, United Kingdom (PressExposure) September 27, 2009 -- The key to achieving financial success in the medium term with a home business is to find an idea that gives you multiple ways to generate recurring income streams.
Hi, my name is Zak Daud and I work from home. In 2007, we launched the CityLocal home business opportunity in the UK and shortly afterwards, we launched it in Ireland. We now have over 40 franchisees working from home on the internet.
CityLocal offers many different ways to create multiple income streams. Your first income stream can be created by selling local businesses, full page adverts on your website. Your customers simply set up a monthly standing order form and you get paid regularly.
You can create your second income stream by building websites for local businesses and then helping to promote them on the internet. You can charge your customer a one off fee to build the website and then a monthly fee to host it and promote it on the search engines for local search terms.
Your third income stream comes from hosting your very own networking events. You charge visitors a fee each time they attend. These meetings can be held fortnightly or monthly either at lunch times or evenings. You collect money at the door and you can then sell the attendees advertising space on the CL website as well as building them a website too!
Your fourth income stream can come from your mail drops. You distribute mail drops and charge local businesses a fee to include their special offer. These leaflets / booklets get distributed to thousands of local homes in your area. In each booklet is space for up to 24 vouchers. You use a distribution company like the Royal Mail to handle delivery. Businesses can choose how often they want to be a part of your mail drop campaigns.
Most businesses at some time in their life cycle will have a need for one or more of the above services you can provide! It is possible to build a significant monthly income stream with the CityLocal home business.
Have a browse throughout our franchise website at http://www.citylocal.co.uk/businessfranchise/ and then give Sarah a call on +44 8448 844 815 to discuss how you too can create multiple income streams. We look forward to meeting you soon.