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Inventory Service: The idea of an inventory service is intriguing. A small business that catalogs household goods, jewelry, art, electronic equipment, cameras, etc. for the homeowner or apartment dweller.

Should there be a fire or theft, a record will exist of the items. This is a great tool for every homeowner or apartment owner to posses. It's exactly what will be needed to properly file insurance claims.

This is a business that requires attention to detail. Nothing must be left out of the inventory. The homeowner/ apartment dweller is presented with a CD-ROM or even a DVD with all of the information-written and visual. For an additional fee the entrepreneur will keep a copy of the disc for future updating and/or security purposes.

An inventory service can be launched with a laptop computer and a digital camera. Inventory services can charge anywhere from $25 to $50 per hour or even more if the market will bear it. A per-day flat fee could be set, too.

Potential clients are everywhere. Develop an advertisement for the local newspaper and consider placing an ad on a local cable television station. (It's a lot cheaper than you think.)

Your customer list could grow to include small business owners. Assess your tools and develop a format for your inventory business. Start with your own home and fine-tune your format until you have it just right.

This is a business you can start on a part-time basis and grow into a fulltime income. You can run your service from home without any overhead for an outside facility.

You can also provide your clients with inventory forms and they can fill them out. You can offer to video the home and give that to the client. We found a service online that charges $149 for the inventory forms (the client fills them out) and a two-hour video of their homes' contents.  

Do a search on the Internet and see what other inventory services charge. Factor in your market and develop the proper fees for your area.