A home-based business is the ideal set-up for housewives, retirees, part-timers and anyone looking for additional sources of income. It’s easy to set up, inexpensive, convenient and helps pay the monthly bills.
While there are infinite ways to earn money while working at home, none can be as lucrative as being a small business marketing consultant. Here’s why:
* Low start-up capital
Your greatest asset in consultancy is not cash or equipment (although you will need a basic computer setup with an internet connection to start with) but your knowledge, skills and mindset. The best way to earn money is to provide a solution to a problem. Small businesses constantly need fresh input for marketing their products and services in the Internet. With your knowledge in Internet marketing, you can provide concrete solutions for which these small businesses are willing to pay.
* No inventory
Unlike most home-based businesses that sell items on the Internet, you won’t need to maintain an inventory of goods at home because your product is your skill or service. Your consulting business can continue without you having to replenish or buy new stock.
* Recurring monthly income
When you are a small business marketing consultant, you get paid monthly for your advice and services. Typically, once you are retained as a consultant, your client is bound to pay a monthly service fee at the start of each month. You not only get paid monthly, your services are prepaid as well!
* No transportation hassles
Sellers on eBay, Etsy and other eCommerce sites may be earning money from retail or wholesale but they also contend with transportation or delivery costs. While these costs may be transferred to the buyer, sellers have to step out and get their items delivered.
As a small business marketing consultant, rendering advice or providing a service is often done over the phone, by email and on the Internet. By working entirely at home, you spend less on gas and parking fees and won’t have to suffer through daily traffic jams. With virtually no commute time, you contribute to a cleaner environment as well.
Almost anyone can be a small business marketing consultant these days. Stock knowledge in Internet marketing is a plus but there are excellent resources nowadays that teach the basics and advanced techniques in short and easy-to-follow courses. There are many ways to make money from home, but if you are on a shoestring budget and love helping people, then starting a consulting business is the one for you.