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Is this a possible fastlane business? Help

Alferez

Contributor
Read Rat-Race Escape!
User Power
Value/Post Ratio
86%
Nov 27, 2018
42
36
Hello,

I need your opinion. I'm going to launch a business of speech therapy materials.

I know that many people look for this kind of material (several webs have free material available, and this webs have about 10K visits a day).

So my proposition (I got the idea because of my gf, one day she was preparing materials and said it was exhausting to prepare them) is to prepare the material and send it to our costumers. Appart from that, I have other ideas to provide more value to the parents and professionals that visit our web. (a forum, a blog, more materials, etc, anything that provide more value to our niche).

In the beginning I think that we could prepare the materials ourselves. But I think that we should research some manufacturer to do it.

What are your thoughts, you think it could become a good business? Or maybe the expenses are too much for what I may charge for this materials?

Thank you all.
 
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Mark98

Contributor
User Power
Value/Post Ratio
112%
Oct 27, 2015
26
29
30
Seattle
Hello,

I need your opinion. I'm going to launch a business of speech therapy materials.

I know that many people look for this kind of material (several webs have free material available, and this webs have about 10K visits a day).

So my proposition (I got the idea because of my gf, one day she was preparing materials and said it was exhausting to prepare them) is to prepare the material and send it to our costumers. Appart from that, I have other ideas to provide more value to the parents and professionals that visit our web. (a forum, a blog, more materials, etc, anything that provide more value to our niche).

In the beginning I think that we could prepare the materials ourselves. But I think that we should research some manufacturer to do it.

What are your thoughts, you think it could become a good business? Or maybe the expenses are too much for what I may charge for this materials?

Thank you all.
 

Mark98

Contributor
User Power
Value/Post Ratio
112%
Oct 27, 2015
26
29
30
Seattle
Yes, it sounds as if it would be a strong, dependable business. If one person feels the pain of putting the materials together, then many will feel the pain. 3 things to keep in mind though when pricing

1. Charge for the immediate cost of what you are selling

2. Remember to include the selling & administrative costs in your prices

3. Remember to include a reasonable profit in your prices for you
 

Alferez

Contributor
Read Rat-Race Escape!
User Power
Value/Post Ratio
86%
Nov 27, 2018
42
36
Yes, it sounds as if it would be a strong, dependable business. If one person feels the pain of putting the materials together, then many will feel the pain. 3 things to keep in mind though when pricing

1. Charge for the immediate cost of what you are selling

2. Remember to include the selling & administrative costs in your prices

3. Remember to include a reasonable profit in your prices for you
Thank you for the replay Mark. I was thinking exactly what you are saying. I am doing maths this week and hope to launch at the end of summer.
 
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