I make no comment on the morality of any of the following ideas, but assert that all of them are legal. All of them are being employed in make money in the library library, but so far as I am aware no library employs all of them. Some will be a diversion from your real job and not worth the effort.
Only you can be the judge.
- 50 Ways Librarians Can Make Money with a Library Job
So without any view of their morality or effectiveness, I simply want to give twenty examples in twenty minutes of money raising schemes.
You will note that for some of them you have to invest capital, so a little market research is a good idea. For others the objective is as much to broaden the range of services you offer to the client group. But almost without exception the intention is to identify your assets and then make them work. The most obvious of these is fines, which may hardly be worth the effort, unless you have a fairly large population of users. It is always worth remembering that fines are wholly self-inflicted and should be set at a level to deter abusers of the system.
In some libraries fines are set so low that students treat them as a hire charge. So make money in the library that fines protect the innocent as well as punishing the guilty. Another small area is a penalty charge for the extra administration involved in such things as buying replacement books, make money in the library missing reader cards, providing out-of-hours access, letters of accreditation, answering genealogical enquiries and so on.
You'll never get rich on this, but it is arguably correct to charge for the diversion of resource away from good readers to the propping up of the socially inadequate, such as senior professors or senior registrars. And make money in the library sure you charge the full cost and not some notional sum. By extension they cause a disproportionate amount of work.
A legal requirement here which is all too often misunderstood. You are not only required to charge the full cost, but also to make a profit. Under the new CLA Licensing scheme readers may not really even go and make copies on departmental machines which they will claim is cheaper.
You can increase the revenue by making current or recent issues of journals reference only, thus forcing users to make their copies on library machines.
The use of card based systems such as flexicard also brings in a bonus in that the money comes up front rather than in arrears. You can also use things like the matriculation process to sell cards to almost all new students.
Some of them will not darken your doors, hence giving a profit.
- Random Article!
- How do authors make money from library books? - Marketplace
- Libraries objected to high prices, especially for e-books, and publishers moaned about decreasing profits.
We also find that income exceeds expenditure, which leads us to conclude that most students leave the institution still with some credit on their card. Again profit to us. Membership schemes. These will not apply universally, but where you have a large external clientele, you can charge.
Depending on your location you can target the local business community. Make money in the library this case we find that a request for cash donations is more effective than a membership scheme. Lawyers prefer us to crawl and grovel on an annual basis. Then what about a Friends of the Library. That can again bring in small but worthwhile bits of revenue. More importantly if you want something special, you can launch an appeal to or through them. On-line services. There is a range of options here.
You can offer a free service, but charge for more than, say, twenty, references.
Get Rich With: Your Local Public Library
You could charge for time, beyond half an hour. You can charge for materials or telecommunications. You can charge for some CD activities. We charge for mediated CD searches - just a few people do actually want them. You can use your photocopy card to charge money make video CD printout.
You can charge for SDI services in any medium. Now that some services such as Science Citation Index are becoming freely available to the end user, you can charge for value added services such as training or publications describing these services. Then there is the potential for screen-savers which advertise. At least two companies have just begun to market this binary options trading strategy 30 seconds. Publications and souvenirs.
There are always some even if only postcards and Christmas cards. You might do a deal to receive review copies. Nature gave us some for allowing use of the library by their staff; then there is clothing [Edinburgh sweatshirt]. There is even a journal devoted to promotional materials.
You can have pens, ties, key-rings, rulers, calculators, umbrellas, badges, torches, wine and so on, all with your logo and all at affordable prices. People will buy anything, just look at a Blackpool souvenir shop.
The BL now says we should charge, at least for those items supplied as photocopies. We at least have decided that a flat rate charge is easier. But why not dress it up and offer expensive rush services and fax services, even hand delivery in some institutions.
Loan of CD and video. The obvious areas are work related, but you can branch out into lending music Make money in the library, cassette and videos. Why should the public library have a monopoly on recreational services. These are intended for use with data discs such as Medline. Charges for reservations are common in public libraries. Its worth looking at, if only to recover some of the postage from those who wont use the internal mail and who require material delivered to a home address 9.
Training and agency services. Training is perhaps the biggest potential growth area. As on-line services grow, the need for quality training grows with it. You can charge departments for training courses - if they are good enough. Lampeter gets one third of students to attend a first year course on information management.
Library staff run the course and the Library is paid accordingly. More difficult is to offer to act as consultants for local or specialised businesses. This is a very crowded field and so you have to be good. Another service is co-operative purchase. For example we purchase tattle-tape triggers for the University of London and doing this in bulk attracts huge discount. We then sell on to others, splitting the saving.
This is very beneficial to small institutions who otherwise pay the top undiscounted rate. But if you have the space you can do this for everything from photocopier paper to lightpens. External reference services to industry and commerce.
Again another obvious one. In it I would also include charging out, especially to the NHS, for the provision of basic services to major client groups for which you make money in the library not funded. Here its also worth trying to put together a local consortium with other libraries, so that you can cover a range of services.
Science Parks are another obvious target. Creating a specialised but necessary database is another area which can provide a lucrative commercial outlet. Offer your research services to film and tv companies.
There are a lot of them now and they need accurate research. Service charges. We have introduced charges for PhD students who want to use the library for a period beyond that for which they are registered. You can charge for holding institutional archives and making them available.
You can charge students of genealogy and, as already mentioned for lost books and reader cards. You can up revenue by having a minimum fee or a handling charge for everything, irrespective of quantity. Book sales of withdrawn items. Again another obvious but lucrative area, whether a trolley at the desk or are selling to the book trade.
My proudest sale was the Book of Mormon in Norwegian. Once you have a collection management policy NB NOT a collection development policy stock withdrawal and sale becomes routine. If you are lending CD and videos as suggested previously, they too can be put in with the second hand material.
Room and exhibition hire space. You can sometimes persuade publishers to display their latest material. Some will leave the book display rather than pay a fee.
Why not hire it out? As importantly if you are giving it away for free at present - why? Have you got an agreed and argued reason for doing so? Reproduction fees. This covers everything from someone using a portrait for a frontispiece in his obscure memoirs to reproduction of an make money in the library on TV in a programme with a million pound budget, so fees have to be scaled by potential audience rather than the intrinsic merit of the auto programs for binary options. This also shows that archive and realia make money in the library can be exploitable and make money in the library just a nuisance.
Rental of books. I know little about this, but it has been done at the University of Surrey via local bookshop as a way of making extra copies of textbooks available to students.
The cases where it will be workable may be small, but it is possibly worth exploring in disciplines with a make money in the library set and stable booklist. Rental of equipment. You can do almost anything here. The possibilities are almost endless. Rental of space and sale of materials. Space has a price, so why not charge for the prime space such as lockers and carrells. Similarly you can charge for materials. People have always come to issue desks looking for the loan of a pen; sell them one.
These days they come needing things like floppy disks; why not sell that too.
Cheap binding at least is open to everyone. Students will flock to a service which does things as simple as spiral binding for reports and project work.
You can also act as trading robots order middle man in having things bound properly at your own commercial binder. This tends to be a small but lucrative area since there is little overt competition and the general public have neither the machines for cheap binding nor the contacts for proper binding. This will perhaps tend to be a non-paying service.
You can protect books by giving away or selling carrier bags which advertise you or perhaps your services [example]; You might even get a bookseller to pay for their production if they can advertise on the other side.
Also Included in
People like banks will put their logos on student cards and pay for them, thus saving you money; bookmarks will be supplied free if they carry advertising.
This can save by preventing toast, bacon or even less desirable items being used as bookmarks, thus extending the life of the book. Some advertising may just not be desirable. Could a hospital library take money from Rothmans? Schools have recently been encouraged to put advertising hoardings on their walls.
Do you have wall space that could carry advertising?