Internet Based Business Plan Writing Service

There are an abundance of budding entrepreneurs out there with great ideas but who lack the writing and organizational skills to produce a professional business plan. The Internet is the ideal medium to provide this service, so why not create a business plan writing service online? Start-up businesses pay thousands of dollars to have business plans developed when they are trying to get a loan or receive funding for new projects.

A poorly written business plan can seriously hinder the chances of receiving money from anyone, which is why most businesses choose to have their business plans written professionally. Since this market refreshes itself, there is a tremendous opportunity to make a lot of money with this home business.

Expert writing skills and knowledge of regular business practices are a minimum requirement for operating this type of business. The ability to develop financial projections can be developed through your business, may be outsourced, or would be provided by the client. Knowledge of how to work with bank officers and lenders is also an asset.

The costs associated with starting this type of home-based business range from $3,000 to $4,500. This covers the cost to design, build, and host your Web site as well as the necessary investment in computer hardware and software. Additional costs may result from promoting your services online and offline, as well as overhead costs such as office supplies and telecommunications bills. One full-time capable writer is needed to run this form of business. It can initially be started as a part-time endeavor.

This home business opportunity has some international potential. Not only will people in your country be interested in this service, internationals looking to invest in your country may also need a professional business plan prepared.