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Saturday 25 May 2013

How To Start Your Own Profitable Home-Based Computer Business


How To Start Your Own Profitable Home-Based Computer Business



Anyone who owns a computer has the means to earn a sizable
full-time income from the comfort and privacy of his/her own
home. That's because, practically anything you can do for
yourself on a computer, you can also do for someone else --
for money! Therefore, the hundreds of services which can be
provided with a computer present the opportunity of a
lifetime to achieve independence and financial security.
Of course, starting your own homebased computer  business
will require careful thought and planning. Some services are
more feasible than others and you'll need to be as certain as
possible that there is a demand for the services you intend
to offer. The first thing to consider when picking a
computer service to offer are what you do best and what you
enjoy doing. You'll need to be certain you are capable of
providing a quality service.
After all, your success will largely depend on the quality of
your work. Therefore, you should stay away from offering those
services for which you are not qualified.
After you decide on what service(s) you want to offer, there
are several other factors to consider before taking the big
step of actually starting up. The first of those factors is
profit potential, or how much income you can reasonably
expect. The particular service(s) you provide and your own
personal initiative have a lot to do with how much money you
can make, but you should also be aware that service business
income can be limited by the number of hours you can
realistically work each week.
It may be difficult to bill more than 30 hours a week when you
are not only doing all of  the work, but you are also "soliciting"
work, running the  business, and keeping your own books and
records. With that in mind, it's usually a good idea to try to
provide services for which the hourly fee is high. Of  course,
once you've established a sound reputation, you can also
begin taking in more work than you can handle alone.
This extra work can be subcontracted out, and your total
income increased.
The next consideration is what kind of demand there is for
the service(s) you plan to offer. This will require some
basic market research on your part. Find out for yourself,
as best you can, just how many people there are who are
interested in your proposed service, and would be willing to
pay a "fair" price for it. It's important that you be able
to define your market and pin-point your customers.
Once you've conducted 2 to 3 months of market research
and, to your satisfaction, feel that there is indeed a
potentially profitable market for your services, your next
step should be toward "fleshing out" your overall business
plan. Your business plan should outline how much capital you
will need as a start-up investment, monthly operating
expenses and procedures, an advertising plan, and a detailed
breakdown of your work schedule.
The success of your computer business will come a lot more
easily if you have a specific and detailed plan before you
actually start up. Too many home-based businesses fail
because their operators "jumped in" before they understood
that the costs involved and the time required were beyond
their means and abilities. If you have everything down on
paper before you start, you have a much better chance for
success.
You should also have a good idea of how well your business
will do in especially tough economic times. In order to
achieve long-term success, your business will need to be one
that provides economic security even during periods of
recession. It's essential that the computer service(s) you
plan to offer will have a stable demand throughout any type
of economic conditions and, in fact, have a good growth
potential.
After all these considerations, before you start your
business, you must be certain that you have the capital and
time to sustain your business throughout the first six to
twelve months of operation. In order for your business to be
profitable, your living expenses must not come out of your
business until it is on solid financial ground. And that
usually takes 6 months to a year. Generally, once you have
been in operation for 9 months, you can start giving
yourself a monthly salary. Until that time, all the money
you make from your service, should be re-invested in your
business so it will grow and reach its planned profit potential.
Obviously, no one home-based computer business will excel in
all the areas described in this report. That's why choosing
the business that is best for you may require finding one
that is the most desirable in light of the importance of
factors such as what you are qualified to do, what you would
enjoy doing, profit potential, demand, capital required to
start-up, and resistance to low economic cycles. And, as
mentioned before, there are hundreds of such computer
services from which to choose.
Some of the more standard home-based computer businesses
include desktop publishing, tax preparation, resume writing,
word processing, and freelance writing. Starting up any of
those services is relatively easy. As long as you already
have the necessary computer and equipment, your biggest
expense will most likely be in advertising your service.
Once you have your market targeted and you know who your
customers are going to be, you'll need to determine exactly
how you are going to reach them. In general, your most
effective advertising for computer-based services will come
from classified or display ads in national magazines, and
less frequently, newspaper ads.
Some other computer-based businesses that currently present
viable long-term opportunities include computer consulting,
mailing-list service, medical-billing service, collection
agency, and a brokerage service. All of these businesses
have excellent income potential, good-to-high demand, good
resistance to recessionary periods, good-to-excellent growth
potential, and relatively modest start-up costs. While a
medical billing service requires a special knowledge, the
other businesses listed above have only moderate
qualification requirements.
You may also want to investigate the possibility of some
other relatively new computer-based businesses such as
desktop video production, an export agency, a medical
transcription service, real estate appraisal service, and a
temporary-help service. All of these services are
experiencing increased demand, and present home-based
entrepreneurs with above average profit potential.
Whatever computer service(s) you decide to offer, you'll
need to have your business plan properly organized before
you begin. Once you've implemented and followed your plan
for about one year, you may be able to consider hiring other
people to take over at least part of your workload. Of
course, that decision will be entirely up to you. Operating
your own home-based computer business should ultimately
give you the independence and the financial security that will
enable you to choose between running the entire operation
and doing all the work yourself, or hiring other people to
do the work for you while you relax and collect a regular
income from your original investment.
Depending on the type of computer service(s) you offer, you
can realistically expect to make an annual income of $20,000
to $100,000 and more. Your desire and initiative will go a
long way in determining just how much profit you make. The
opportunities for success in operating a home-based computer
service are expanding every day. Any enterprising person who
has a computer and who is willing to do the necessary
research and planning, can achieve success and financial
security with a home-based computer service.

HOW TO MAKE UP TO $5,000 A WEEK JUST TALKING TO PEOPLE Seminars and workshops are today's main mode of learning for adults who are beyond the formal educational system. These short-term formats serve information quickly and efficiently. You can run seminars on any subject you care to. With seminar fees ranging from $5 to over $500 a day per person, you can generate thousands of dollars a day in revenues, with net margins of twenty percent or more. All you need is a telephone, typewriter, filing cabinet, and some forms and supplies. If you capture people's interest, you can sell a $500 seminar more easily than a $49.95 one. Fees for seminars vary widely, but two thirds of them fall between $100 and $500. Your concern, however, is profitability more than total revenues. Set your seminar price as high as you can without participation tailing off dramatically. And don't pass the point where more participants cause your costs to rise so much that profitability suffers. Your major advertising will be by direct mail. Direct response advertising, which includes direct mail, motivates the reader quickly. A good example of direct mail packaging is the Reader's Digest sweepstakes. Your meeting space should convey a sense of intimacy. You neither want a huge room that looks empty even with a good crowd in it, nor a too-small room that can't accommodate the crowd. The site doesn't have to be fancy, but it must be easy to find, comfortable and safe. The length of your meeting should be based on the amount of solid content you can provide. Don't try to puff up the length of the seminar, particularly if it means an overnight stay for the participants. To evaluate the best length, calculate your costs for half-day and full-day programs. You may find you can deliver the message effectively in a half a day, cutting costs and improving profitability. One risk in the seminar business is that you must commit to room space long before you know your revenues. Be sure if you reserve a room that you know the final date for backing out of the reservation. You want your attendees to leave feeling they have gotten some valuable information and been at least mildly entertained in the process. Will it be cost-effective to hire a speaker? At the beginning of your career in putting on seminars you may want to deliver the seminar yourself, not only to cut expenses, but to get a feel for what works and what doesn't. A good presenter has a solid grasp of the information being covered, a touch of showmanship, and is reliable and prompt. For a topic, you can show people how to present their own seminar. You can spice up the delivery with examples from your own experience, giving them a firsthand look at the field. Determine if your attendees want networking time. For many participants, the contact with other people of similar interests is the primary reason for attending. Finally, the seminar provides a great environment for generating other revenues. You can make money from back-of-the-room sales of computer disks, books, tapes, videos or other materials related to your seminar. Such sales can add thirty percent or more to your total receipts.


HOW TO MAKE UP TO $5,000 A WEEK JUST TALKING TO PEOPLE

Seminars and workshops are today's main mode of learning for
adults who are beyond the formal educational system. These
short-term formats serve information quickly and efficiently. You
can run seminars on any subject you care to.
With seminar fees ranging from $5 to over $500 a day per person,
you can generate thousands of dollars a day in revenues, with net
margins of twenty percent or more. All you need is a telephone,
typewriter, filing cabinet, and some forms and supplies.
If you capture people's interest, you can sell a $500 seminar
more easily than a $49.95 one. Fees for seminars vary widely, but
two thirds of them fall between $100 and $500. Your concern,
however, is profitability more than total revenues. Set your
seminar price as high as you can without participation tailing
off dramatically. And don't pass the point where more
participants cause your costs to rise so much that profitability
suffers.
Your major advertising will be by direct mail. Direct response
advertising, which includes direct mail, motivates the reader
quickly. A good example of direct mail packaging is the Reader's
Digest sweepstakes.
Your meeting space should convey a sense of intimacy. You neither
want a huge room that looks empty even with a good crowd in it,
nor a too-small room that can't accommodate the crowd. The site
doesn't have to be fancy, but it must be easy to find,
comfortable and safe.
The length of your meeting should be based on the amount of solid
content you can provide. Don't try to puff up the length of the
seminar, particularly if it means an overnight stay for the
participants.
To evaluate the best length, calculate your costs for half-day
and full-day programs. You may find you can deliver the message
effectively in a half a day, cutting costs and improving
profitability.
One risk in the seminar business is that you must commit to room
space long before you know your revenues. Be sure if you reserve
a room that you know the final date for backing out of the
reservation.
You want your attendees to leave feeling they have gotten some
valuable information and been at least mildly entertained in the
process. Will it be cost-effective to hire a speaker? At the
beginning of your career in putting on seminars you may want to
deliver the seminar yourself, not only to cut expenses, but to
get a feel for what works and what doesn't. A good presenter has
a solid grasp of the information being covered, a touch of
showmanship, and is reliable and prompt.
For a topic, you can show people how to present their own
seminar. You can spice up the delivery with examples from your
own experience, giving them a firsthand look at the field.
Determine if your attendees want networking time. For many
participants, the contact with other people of similar interests
is the primary reason for attending.
Finally, the seminar provides a great environment for generating
other revenues. You can make money from back-of-the-room sales of
computer disks, books, tapes, videos or other materials related
to your seminar. Such sales can add thirty percent or more to
your total receipts.

How to Make Money on What Other People Throw Away - Your Own Junk Hauling and Removal Service.


How to Make Money on What Other People Throw Away - Your Own Junk Hauling and Removal Service.



America is a throw-away society.  We all know that.  We all have a lot of
junk that we do not need, and just about all of us have things piling up
relentlessly in out attics, garages, basements, closets and even in the
wide open of the back yard.
A lot of people try to ignore the problem until they can no longer get into
their garage, or when they find it impossible to squeeze one more item into
the attic.  They have too much junk and they need to get rid of it.  Often,
they will pay someone to do just that.  This means an opportunity for you.
You can make a decent living by helping people get rid of their junk.
To get started, you need a strong back and something to haul with, such as
a pick-up or a small trailer to pull behind your car.  That's about it.  If
you don't have a pick-up, consider buying a used one cheap.  You could
easily find something for less than $1,000.  An even less expensive
alternative is a small trailer for your car.  Trailers can be had for just
a couple hundred bucks or less.
How To Get Started:
This is generally a very community or neighborhood oriented business.  Take
out an ad in your community newspaper saying that you will haul away
unwanted items or that you will clean garages, basements or attics for a
fee.  You can also print up a one-page flyer and place them on houses
door-to-door, or on the windshields of cars.
What You Need to Know
You will need to find  a place for all the junk you collect and remove.
Find out where the local landfills are and what their policies are.  They
may charge you a fee for bring stuff is, but you can charge that fee back
to you clients.  You also may need dumping permits in some areas, so check
with your local city or county offices.
It's also a good idea to learn about dumping regulation.  Some items are
more difficult to get rid of than others.  For example, you can't just dump
a refrigerator or an old stove anywhere.  Old tires are another hard-to-
dump item.  There are specific places for specific things.  Find out what
goes where.  Once you have it all down, however, you have it made.
You should be able to earn from $7 to $10 an hour.  You will not be able to
charge by the hour, however, because people may give you a problem about
the pace at which you work, and how much time they feel you should take to
get the job done.  Instead, make an estimate based on your own judgment on
how long it will take you to clean out that garage or attic.  Once you have
done a few, you will have a good idea about the time involved.  Then give
an upfront estimate.  If it will take you a complete day, or eight hours,
ask for $80 to $100.
Remember also that one man's trash is another man's treasure.  You may find
a market for some of the items many people just want to get rid off.  So
explore the option of sales to second hand stores, or the possibility of
starting up a second-hand store of your own.  Such stores can be lucrative
like you would not believe.  There's big money in junk - and in getting rid
of it.  It takes no special knowledge or education, and you can get started
with a minimum investment.  All that's left for you now it to get busy!