How to Make Money on a Worm Farm
Some people begin a worm farm out of curiosity and for an obscure and unique hobby. Since worm farms can be started with zero investment, it's easy to see why a successful worm farm hobbyist would want to take it one step further to make a profit. After a worm farmer has an established stock of worms, he can begin to explore his markets. Knocking on doors of potential customers may earn the determined worm farmer significant revenue.
Instructions
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How to Make Money on a Worm Farm
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1
Create a business outline that describes your worm farm business. Include location, address, telephone numbers, fax number, email address, type of worms, pricing, minimum order amounts, delivery method, hours of business and any other relevant information.
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2
Generate an attractive business profile using the information contained in the outline and make copies. The profile should resemble a resume. It is essentially used for the same goal: to procure work.
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3
Brainstorm potential customers and make a list. Include sporting good stores, bait and tackle shops, garden centers, farmers markets, farm supply stores and private sectors.
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4
Expand the potential customer list by researching potential customers outside your local area.
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5
Advertise your business locally and via farming/gardening magazines. Take advantage of free advertising through the Internet.
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6
Promote your business by advertising the benefits and uses for worms. Offer incentives to existing customers who spread the word.
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7
Offer tours to elementary schools. Young children will advertise for you as they share their educational experience with parents, family and friends.
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Tips & Warnings
As customers are established, communicate and network with them to acquire new leads for potential customers.
