In this consulting business, you evaluate the expertise, experience, business idea, finances, and future business plans of either home-based entrepreneurs or those considering starting a home-based business. Home based business consultant is responsible to provide them with financing options, market breakdowns, sources for products and supplies, and advertising strategies. With the growth of home-based businesses expected to continue, the services of a consultant specializing in this field will be in demand. Home-based business consultant provides the authentic advices to run the business according to the feasible options of the clients how he may maintain the home-based business.

Start-Up Costs And Financing Sources

* $3,000-$5,000.
* Personal savings, lines of credit on your credit cards.

Pricing Guidelines

You can charge a one-time consultation fee or an hourly fee. Average is $100 to $150 for the one-time consultation and evaluation fee; $50 per hour for as-needed consulting.

Marketing And Advertising Methods And Tips

* Place ads in local publications and on cable television.
* Teach courses on business start-ups and offer consulting to your students when the course is over.
* Give presentations on starting a home-based business to local women's groups.
* Rent a booth at a small business fair.

Essential Equipment

Computer with modem for on-line information about home-based businesses; database of home-based business resources; copier; business telephone line and answering machine or service; fax; books on marketing, writing business plans, and start-up manuals and publications on specific home-based businesses; suitable office or room in which to receive clients.

Recommended Training, Experience, Or Needed Skills

* Take entrepreneurial courses at business schools or local community colleges.
* Attend small business fairs.
* Be familiar with home-based businesses and their special requirements or problems.

Income Potential

$25,000- $40,000 or more

Type Of Business

In-home except when giving talks, courses, or attending shows.

Best Customers

People who are looking to start a business from their homes: young mothers, the physically challenged, recent retirees.

Helpful Tips

* Help people become more effective time managers (or recommend a course they can take).
* Teach them the tools to find the information they may need in the future and how to make the most of their available money and resources.


Types Of Home Based Business Consultants

Debt management consultant home based business provides the reliable solution of the debts by managing the negotiations with the creditors. Debt management consultant home based business has to manage such plans to reduce the tension of the debtors by efficient dealings with the creditors and business owners. The professional advisors provide very good and helping hand to pay off all the debts of entrepreneurs and to run the business smoothly. The consultant helps to settle all the financial problems and debt issues according to the situation which is created by the creditors and debtors dealings. Debt management consultant home based business manages the negotiations with the business creditors for the planning of new payments on the basis of business investments with the less interest rate.

Internet marketing consultant home internet based business is committed to boost up the scope of the profitability of the customers by using the latest wide-reaching internet technologies on the basis of the highly skillful administering qualities. Home based business consultants give very precious tips of internet marketing business, online marketing strategy, search engine optimization and also administer all informative data to get start, flourish and manage the online home based business. Scrapbook consultant home based business offers the starting business tips according to the specific interests and hobbies of the entrepreneurs. Scrapbook consultant home based business offers the invitation of seminars to know the basic skills of scrap-booking in accordance with the improvement of your business by naming the list of suppliers.