The concept of fractional ownership is nothing new. Fractional ownership can be defined as collective ownership of an asset.
Consider NetJets, which created the concept of fractional jet ownership. While the convenience and flexibility made sense to own your own plane, the finances didn’t. However, through co-owning, it takes away the financial issues but still offers the same benefits of owning a plane minus the headaches. NetJets also takes the responsibility of hiring pilots, hangaring the aircraft, and maintenance for a fee.
Try thinking of something you can apply the concept of fractional ownership. You may hit a jackpot.
Website: www.netjets.com
If you have a large empty facility that you are unsure what to do with it, why not convert it into a storage space for rental. As houses becomes smaller due to rising cost of real estate, house dwellers may end up accumulating too much stuff till they would not be able to fit everything in their house. As such, there will be a need for storage facilities.
Take for example Public Storage, a US company. Founded in 1972, Public Storage has grown to become the world’s largest owner and operator of self-storage facilities. Public Storage also provides a full range of related products and services such as truck rental and packing supplies (moving boxes, bubble wrap, packing tape, locks, and etc).
Why not consider turning your empty facility to a public storage warehouse?
Website: www.publicstorage.com
Dealing with death can be a difficult thing. Not everyone knows how to arrange for a funeral when the time comes. The experience can be quite an unpleasant one. Such bad experiences gave the founder of Nirvana Memorial Centre the inspiration to develop a memorial park. Spurred by the idea of providing a peaceful and aesthetic resting-place for the departed, he founded his company which finally became public listed.
Website: www.nvmc.com.my/index.asp
This company offers a domain name-finding service to those who are too lazy to think of their own domain name. This is how the service works. You deposit 50 dollars and tell them about the site you need a name for, what the site does or will do, how many letters or words in the domain you want max and other criterias you want to set. Then they will dispatch this information to their contributors and a list of available domain names will be sent to you via e-mail. If you see a name that’s a perfect match for your website, register it and let them know the domain name. If you don’t like any of the domain names they suggested, they will simply refund your 50 dollars upon your request.
A simple but yet a money generating business idea.
Website: www.pickydomains.com/
