Will this biz idea work??
Here's what im thinking of doing with my boy..
Call up small companies on the phone, (i got access through salesgenie), then tell them that we'll build a website + domain for them for free, and in return all they have to pay for is hosting/server and what we get out of it is that we increase our exposure by putting the site is designed and maintained by xxxx at the bottom..
Basically the money will come from selling the hosting for $50-100, while my true cost is like $5/month..
It sounds difficult but we will be targeting very small businesses, so most of the sites we'll do will be a small template.. My friend is REALLY good and can knock out 3-4 simple websites day..
The point is that if we do this for a while, we can get up to 100' companies signed up paying $50-100/month, and then the money starts adding up.
It might look like we are taking a loss by offering the website for free, but if they pay $50 a month for hosting, thats $600 a yr, profit of $500/yr for us.. In 2-3yrs thats way more than they woulda paid for a regular website..
WIll also pitch that we maintain the website, make sure it stays up, etc,
Tell me legal issues/problems i might have..
The website wont be too fancy, just simple layout with info about company, contact us, our staff, etc..
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