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Have you ever considered the fact that worms and leeches might bring you more cash than any other business? If you are already disgusted by the fact, then maybe this business is not right for you. Otherwise, think about the job of creepy crawlers selling at a profitable price.
Interested? Good. You should know by placing traps or a seiner net in rivers, shiners and other bait minnows can be easily caught. If you have the space, then it's better for your business. You can setup a minnow breeding pond of your own. But before proceeding any further, you will have to go through the simple step of getting a license from the Department of Fisheries for raising bait. Your local regulations might not need it though, so be sure to check them thoroughly.
You can also raise another type of bait, dew worms, in boxes full of soil and moss. You also have the option of buying these worms in wholesale quantities. You can also make good profit selling leeches; they can be easily raised or bought in large amounts, and they are very popular for fishing.
Although this business is quite lucrative in the long run, you will need an opening capital of several thousand dollars to establish your business; you need to buy the proper equipment that is required for a bait shop. Your business will particularly flourish if you live near a lake or river popular for fishing. If that is the case, you can sell your bait regularly to fisherman for a nice profit.
After you have establish your bait shop and it is now making you a nice profit every month you might consider expanding your business to offering fishing gear equipment.
If you can get in contact with the right manufacturer, you can buy fishing rods, knives, lures, waders, traps, vests, and many more items for a decent price.
You should make yourself known to all the fishermen in the area. Inform them of your bait shop and let them know what you have to offer. After you have established some regular customers, they will be coming to you to buy bait and your fishing gear.
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Source by Jane Benitez
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