A Business Plan for a Home Business

by James
(North Shore, Chicago)

I saw your series on internet business plans and it really caught my attention. I am looking for a business that I can do at home. I'm no dummy I've got a Ph.D. and 20 years of experience. But I don't have a job. The business that I am looking for should be one that I can run myself. I don't need to make millions of dollars at it, but a reasonable income would be great. Will the home based internet business fit the bill?
Answer
James, not only is an internet business possible, but it is absolutely the perfect solution for many, many entrepreneurs. For what it is worth, I know dozens of online entrepreneurs in just your situation: lots of experience, but no jobs are out there. There are a lot of reasons that a home based internet business just "works", such as:
~ Flexibility in time. Spend one hour a day, or twenty, as you choose.
~ Knowledge. You know your stuff. Use it.
~ Flexibility in web structure. There are dozens of different kinds of sites, from pure retail to international consulting to MLM to myriad hybrid models. Choose the one that fits you.

Business Plan Master uses SBI as our web host/ business partner. Take a look. Thousands of people have found success there. We wish you success as well!
CJ and the Business Plan Master Team

Comments for
A Business Plan for a Home Business

Click here to add your own comments

Jul 22, 2009

Home Business Plan
by: CJ, Business Plan Specialist

James, if you are still looking at ideas, we've got a brand new publication that may help you as you plan and grow your business. Take a look at the start up workbook for business . You will find lots of information about how to start a business, worksheets, costs, etc. It is designed especially for small business entrepreneurs, with an emphasis on home business opportunities.

Feb 20, 2009

Your Home Based Business Plan
by: CJ

An internet based business is often the ideal solution to having a home based business. The hours are flexible. Income potential is very high. It uses skills and knowledge that you may already possess. There is one thing to really remember: internet business are not get rich quick schemes. Building an internet business is like building any business: it takes time to build a solid customer base.

With that in mind, let me tell you two possible approaches.

One is to use your knowledge and turn your business into a regional or international consulting business. This is probably the fastest way to generate income. (See http://www.businessplanmaster.com/online-business-plans.html )

The other way is to build a more traditional affiliate or sales or information organization. (See http://www.businessplanmaster.com/internet-business-plan.html)

Business Plan Master actually has about ten business plan in the internet home business area that may help you on your way.

Good luck with your new business!