Are you a savvy communicator with basic business knowledge? If so, then you might have what it takes to work part-time as a business plan writer. Despite the economic recession, aspiring entrepreneurs are looking for new ways to make money, which means there is a growing demand for business plans.
Writing a business plan is an important part of any new venture. That is why working as a part time writer is a great way to make some extra income. This is a home-based business that is recession resistant because so many people are looking to change careers or make big money with a new idea.
As a part-time business plan writer, you will work one-on-one with entrepreneurs who have great ideas that need to be organized into a strategic plan. Being a part time writer is a rewarding job that will challenge you to think creatively and solve problems.
Writing business plans also affords opportunities for you to learn new things about financing, organizational development and the fundamentals of business. Because aspiring entrepreneurs are enthusiastic and energetic about their ideas, there will never be a dull moment when working as a part-time business plan writer.
A business plan writing service is in high demand, and it is a simple home-based business that has the potential to generate extra income. With advances in technology and the internet, you need not even be located in the same state or country as your prospective clients. You can start your home-based business and work remotely with aspiring entrepreneurs all over the world!
Skills Required: basic business knowledge, writing skills, organization and time management skills
Running a business plan writing service takes a variety of skills, from fundamental knowledge about business to writing and organization skills. In many communities, you can take a free course that will train you on the basics of business plan writing. These courses are often offered in conjunction with the Small Business Association, local community colleges or professional societies. In addition to business know-how, you will need excellent communication, organization and time management skills to work as a part time writer.
Startup Expenses: $100
The startup expenses for a part-time professional business plan writer are minimal. You might want to purchase some printed resources, such as guidebooks containing examples of good business plans or computer software manuals to help you in your business endeavor. Finding clients is as easy as searching online in discussion forums, job boards, and networking face-to-face at meetings with other business professionals in your local area.
Monthly Revenues: $500-$3000 per month
There is a high demand for skilled business plan writers right now. Being a part time writer has the potential to generate thousands of dollars in extra income.
Monthly Expenses: $50
Monthly expenses for a home-based business plan writer are very minimal. With a fully equipped home office, your expenses will be limited to items like paper, staples and ink, as well as any fuel costs associated with attending networking events.
Time to Break Even: 2 months
Within two months, you should be able to secure your first clients and write a great business plan for them.
Working as a home-based business plan writer is a great way to become an expert in the business field while exercising your communication skills and earning extra income. Explore your potential for success and help aspiring entrepreneurs accomplish their goals and dreams as a part-time business plan writer.