Profitable Home Based Business Home Business Articles | September 11 Tyrann Mathieu Jeysey , 2006 So you want to start a profitable home based business, but you want it to be profitable quickly. While most business do take a period of time to become profitable, there are some businesses that allow you to break-even faster than others. Here are the top 5 home based businesses in which you can break even in two months to one year.
Profitable Home Based Business #1: Business Plan Writer - While others have great business ideas, they may not be the best at putting together a winning business plan. If you have a good combination of writing skills, business expertise Frank Clark Jeysey , and creativity you can use them to create a profitable home based business. You will most likely be working for entrepreneurs that are seeking loans and investors, so you will need to understand how to create a plan that effectively relays strategies, market position, financial needs, and start-up costs.
Your start-up costs Darwin Thompson Jeysey , though, will be very low. You will basically need to purchase liability insurance to cover any predictions that do not come to fruition. Yet you can earn anywhere from $2,000 to $25,000 per project.
Profitable Home Based Business #2: Public Relations - Do you have great social skills and an ability to promote things? Then starting up a public relations company may be right for you. The possibilities are endless in the niches you can fill. Some public relations firms focus on government affairs, lobbying Khalen Saunders Jeysey , media, public affairs, publicity, advertising, and more. You should try and invest in professional accreditation Juan Thornhill Jeysey , and your own promotional ability can lead to incomes ranging between $65,000 and $175,000. There is little overhead with a maximum of 20 to 40 percent of your income making this a profitable home based business.
Profitable Home Based Business #3: Financial Planner - If you have some finance experience, you can get the qualifications needed to become a certified financial planner. In this position you will help people make informed decisions as to what they should do with their money and investments. While a broker looks mainly at stocks, you would be looking at a person?s whole financial pictures. You should look into what areas of financial planning you want to focus on and get certified Mecole Hardman Jeysey , as it will help you build clients. It is also a good idea to take continuing education classes. Still, your expected income could be in the range of $40,000 to $90,000 per year.
Profitable Home Based Business #4: Personal Chef - Got a knack for creating healthy and tasty meals? Then you may want to consider starting a personal chef business. Many people are too busy today to do their own cooking, and hiring someone to cook meals for $7 to $8 per meal is much cheaper than going out to eat. The job takes a budget conscious and creative cook Wholesale Chiefs Hats , but many personal chefs have a profitable home based business making anywhere from $3,000 to $4,000 per month.
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