ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Top 10 Home Businesses You Can Start Online Cheap: Business Plan Writing

Updated on June 30, 2009


The number of individuals who are interested in launching their own business is increasing steadily as the economy worsens and more and more people lose their conventional positions at companies where they were previously employed. There are countless potential entrepreneurs and investors seeking new business possibilites every day. This market can provide you with a lucrative opportunity to profit from this demand for the business plans all entrepreneurs require as a prerequisite to starting their own business.

Many companies pay thousands of dollars to have their business plans developed when they are attempting to secure seed capital from venture or bank sources, or obtain funding for new projects. A badly written business plan can handicap or totally eliminate the possibilities of securing the financing required, which is why most entrepreneurs elect to have their business plans written by acknowledged professionals in the field with a strong portfolio and solid references.

This market is constantly in the process of renewing itself as there are always companies who are in the embryonic start up stages, there is a considerable opportunity to profit from this type of enterprise.


Advanced writing skills and a comprehensive understanding of normal enterprise practices are a minimum requirement for operating this type of service. The accounting and bookkeeping background to develop logical and attainable financial projections can be generated directly through your enterprise, may be outsourced to a third party, or would be provided by the customer. Comprehension and experience working with bank officers and private lenders is also a considerable benefit.


The expenditures associated with launching this type of enterprise range from $1,000 to $4,000. At first you will have to pay to design and develop your website (unless you have the skills to do that yourself) as well as confront all expenditures associated with this process, such as a hosting service. If you want to develop the database, there will be additional expenditures involved, and the total cost will be determined by the number of features and searchable fields you implement. Additional expenditures associated with launching this enterprise include online advertising expenditures and any offline promotion that you may require to launch, as well as the various overhead expenditures such as office supplies and any telecommunications bills you may incur.


One full-time experienced and highly skilled researcher and writer is required to run this type of enterprise. At first it can be launched as a part-time business.


A typical obstacle to start-up businesses is that the various financial establishments and venture lenders are unwilling to invest in the concept behind the business. When that occurs, entrepreneurs often walk away from the business concept along with any financial and legal commitments they have incurred while attempting to start the company. This tendency to abandon the process could seriously affect the profitability of your business, therefore to avoid this difficulty you should always demand approximately 50 % deposit of all funds payable for the project at the outset. The remainder of the payment can be collected once the business plan has been completed to the client's satisfaction.


In addition to drafting business plans, you can also structure a referral service to some of the other enterprise service providers in your local area such as accountants and lawyers. You can receive a referral fee for every company that you refer to these professionals, and they can provide reciprocal clientele as well, which is a good way for your company to obtain additional clients and revenue.

Check Out The Entire Top 10 Home Businesses You Can Start Online Cheap!

Top 10 Home Businesses You Can Start Online Cheap: Senior Services
Top 10 Home Businesses You Can Start Online Cheap: Niche Tourist Information
Top 10 Home Businesses You Can Start Online Cheap: Residential Rental Locator
Top 10 Home Businesses You Can Start Online Cheap: Business Plan Writing
Top 10 Home Businesses You Can Start Online Cheap: Community Events Website
Top 10 Home Businesses You Can Start Online Cheap: Recipe Website
Top 10 Home Businesses You Can Start Online Cheap: Organization Management
Top 10 Home Businesses You Can Start Online Cheap: Motor Vehicle Advisor
Top 10 Home Businesses You Can Start Online Cheap: Website Ad Designer
Top 10 Home Businesses You Can Start Online Cheap: Business Opportunity Center


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)