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[T1120]Top Business Ideas 2009

by Charles Fuchs, Cha

So you want to start a profitable home based business, but you want it to be profitable quickly. While most business do take a period of time to become profitable, there are some businesses that allow you to break-even faster than others. Here are the top 5 home based businesses in which you can break even in two months to one year:

Profitable Home Based Business #1: Business Plan Writer - While others have great business ideas, they may not be the best at putting together a winning business plan. If you have a good combination of writing skills, business expertise, and creativity you can use them to create a profitable home based business. You will most likely be working for entrepreneurs that are seeking loans and investors, so you will need to understand how to create a plan that effectively relays strategies, market position, financial needs, and start-up costs.

Your start-up costs, though, will be very low. You will basically need to purchase liability insurance to cover any predictions that do not come to fruition. Yet you can earn anywhere from $2,000 to $25,000 per project.

Profitable Home Based Business #2: Public Relations - Do you have great social skills and an ability to promote things? Then starting up a public relations company may be right for you. The possibilities are endless in the niches you can fill. Some public relations firms focus on government affairs, lobbying, media, public affairs, publicity, advertising, and more. You should try and invest in professional accreditation, and your own promotional ability can lead to incomes ranging between $65,000 and $175,000. There is little overhead with a maximum of 20 to 40 percent of your income making this a profitable home based business.

Profitable Home Based Business #3: Financial Planner - If you have some finance experience, you can get the qualifications needed to become a certified financial planner. In this position you will help people make informed decisions as to what they should do with their money and investments. While a broker looks mainly at stocks, you would be looking at a person's whole financial pictures. You should look into what areas of financial planning you want to focus on and get certified, as it will help you build clients. It is also a good idea to take continuing education classes. Still, your expected income could be in the range of $40,000 to $90,000 per year.

Profitable Home Based Business #4: Personal Chef - Got a knack for creating healthy and tasty meals? Then you may want to consider starting a personal chef business. Many people are too busy today to do their own cooking, and hiring someone to cook meals for $7 to $8 per meal is much cheaper than going out to eat. The job takes a budget conscious and creative cook, but many personal chefs have a profitable home based business making anywhere from $3,000 to $4,000 per month.

Profitable Home Based Business #5: Real Estate Appraiser - A real estate appraiser is the person who determines how much homes, properties, and buildings are worth. They are required before lending companies will provide real estate loans, and are used in foreclosures and bankruptcies. The job requires some research skills, and some states a license. You will need to check with your state as to what is required. Appraisers often earn between $35,000 and $75,000 per year, but commercial appraisers can often build an even more profitable home based business.

Today, the entire outlook of people towards work is changing. Gone are the days when people had to step out of home and work for 7 to 8 hours to make a decent living. Today there are more people working from home and making lots and lots of money. In the United States alone, there are close to 36 million people who work from their homes. This number has grown at an alarming rate in the last few years. There are no secrets involved in this business. You too can work from home and make money if you wish to. But you need to know which business to start and how to work at it. Here we will take a look at the top 5 lucrative work from home opportunities that are gaining popularity across the world.

Affiliate Marketing
It is a total misconception that you need to have wares to sell in order to make money online. You can make money by selling other people's wares and programs as well. Affiliate marketing is one of the most sought after Home business ideas. With certain affiliate programs awarding as much as 75% of the total retail price, you can earn profits as much as 100% with targeted advertising. The principle behind affiliate marketing is very simple. There are vendors who want to sell their wares and are willing to pay decent money to anyone who can get them customers. You can be that person. The first step in becoming an affiliate is joining an affiliate network. As most vendors prefer an affiliate who is part of a network. Membership is free.

Data Entry
After Affiliate marketing, this has become one of the most sought after avenues for working from home. Today there are many companies who need to have their data entry jobs done and the lack of skilled data entry workers is forcing them to sub-contract the work. Today most skilled workers into data entry work from home. Besides typing and data entry, there are other tasks like proof reading, editing and writing. The best part about this work from home business is that you really do not need any infrastructure other than a computer and an internet connection. Along with these, a willingness to work can reap excellent benefits.

Be a freelance contractor
You can become a freelance contractor and offer your services to other companies. These services might depend on the skill sets that you possess and your ability to market these skill sets. It may be as simple as offering billing services to something as complex as designing a complete flash based website. Once again, with the right amount of planning and dedication you can easily make lots of money.

Blogging
Though blogging is relatively new as compared to the other tried and tested work from home opportunities, it is fast catching on and replacing other more conventional forms of work from home. Blogs can help you pump in money in the thousands. All that you need is a blog that can drive in traffic and money will flow.

Surveys
Surveys cannot be called as a full time home business opportunity, but they work really well if you wish to work part time. In fact there is nothing that pays you more than surveys. You can get paid for everything that you can dream of.

Article Source : Pg. 30

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Both Charles Fuchs & Williamking are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Charles Fuchs has sinced written about articles on various topics from Fitness, Work From Home and Home Based Business. . Charles Fuchs's top article generates over 110000 views. to your Favourites.

Williamking has sinced written about articles on various topics from Real Estate, Property Investment and computers and the internet. William King is the director of ,. Williamking's top article generates over 110000 views. to your Favourites.