Home Based Business Opportunities - Business Services
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Business services refer to different kinds of services for development of any business. Many business opportunities exist for growth and expansion of business. You could be a business plan writer or public relations specialist. Starting and running services for businesses require only low investments and you can operate it as a home-based business.
You can become a business plan writer if you understand nuances of business, look at business opportunities from profitable angles, have in-depth knowledge of financial statements, and can write many business plans. You offer your business services to clients seeking franchisee opportunities, taking up sick business units or seeking finance for expansion of existing business. As a public relations specialist, you advertise products or services of your clients through events, press conferences, or releases. Initially, get a professional accreditation in public relations and then do publicity coverage for charity shows and businesses of friends to get a footing in the industry. You incur little expenses as you work more with your talking skills.
Setup costs for business services are low if you have a fax, computer, and Internet access. Major expense for a business plan writer is availing professional liability insurance. This protects you in case any of your business plans or recommendations turns wary. Similarly, overhead expenses are low for public relations specialist and amounts to about twenty to forty percent of your income.
Business services offer good returns depending on your capacity to tap good sources. Home-based public relations businesses can rope in $65,000 to $175,000. Initial earnings of business plan writer range from $2,500 to $5,000 for every business project according to your writing capacity and necessary research. You can earn as high as $25,000 for a project if you work for big business houses.
All business services need time to establish and develop goodwill. You could write free business plans initially, and then contact bankers, investors, and organizations with your business programs to develop clientele and expand your home-based business.
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