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How to Make Money

Chapter 8: ROOMS
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About This Book

A practical compendium of short, runnable business plans and money-making ideas aimed primarily at individuals seeking small-scale enterprises. Each section outlines startup steps, suggested supplies, costs, promotional copy and selling tactics for ventures such as a neighborhood pantry, homemade candy, custom shirts and neckties, tea rooms, real estate sales, dyeing services, kindergartens, lamp shades and newspaper bargain columns. Emphasis is placed on cash trading, sample handbills, scripts and simple marketing moves like introductory free offers, sample placement, and buying wholesale. The tone is instructional and focused on actionable checklists and scaling suggestions to help readers launch and expand modest enterprises.

ROOMS

In a recent magazine there appeared an article written by a girl who had made a tremendous success operating rooming houses. Here was her plan:

She found ten girls who were rooming at private homes and taking their meals out the same as she. She told these girls if they were willing to pay her two weeks’ rent in advance, she would rent a home and furnish it. Each girl was to have a large bedroom completely furnished, and was to have access to a well-equipped kitchen and laundry. Cabinets were provided in the kitchen for each girl to keep her food and utensils in and a large refrigerator was also installed, which was always full of ice. Two large rooms downstairs were furnished as a parlor and reading room.

With her first two weeks’ rent, which she collected in advance, she paid one month’s rent for the house and made her first payment on the furniture which she bought on the installment plan. To-day she is operating six of these houses and is now serving meals to each roomer.