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Career and Personal Coach

Help bring out the best in people as a career and personal coach.

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Business At A Glance

Career and Personal Coach
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

As a career and personal coach–a combination mentor, cheerleader, sounding board and advocate–you’ll work with clients to help them achieve success in their business and personal lives. You’ll spend a half-hour to an hour per week listening to their ups and downs and providing both business and personal goal orienteering and guidance.

You might work with people in transit from one career or lifestyle to another, with SOHO startups or with employee teams at large corporations. Coaching is a hot business, with the demand for coaching and coach training more than tripling in a single recent year. U.S. News and World Report recently rated career and personal coaching as one of the country’s hottest consulting activities.

The largest consumers of coaching services are baby boomers who, having reached midlife, have also reached the realization that to achieve all those dreams they started out with, they need to start taking immediate action. Gen Xers are also coaching consumers but not to the extent that boomers are.

The advantages to this business are that you can work at home, you can start part time and you can be a part of people’s lives, helping them grow financially, emotionally and spiritually. All you really need is people skills–the ability to listen to your clients, help them brainstorm through problems and provide cheerleading coupled with good business and personal advice. You should also, of course, have a knowledge of how various businesses work.

The Market

Your clients can be corporate types experiencing downsizing, startup entrepreneurs, or large companies that sign you on as an employee enabler. Target the downsized and corporations by sending brochures to human resources departments; follow up with phone calls to set appointments.

About-to-retire military people also make good targets. You can reach SOHOs, as well as your other targets, by giving seminars and workshops, writing articles for business publications and sending press releases to local newspapers. Network among professional and civic groups in your area. Introduce yourself to the staffs at business incubators.

If you live near a college, post fliers on bulletin boards. And if you’re near a military installation, place ads in on-base newspapers.

Needed Equipment

You don’t need formal training or a license, but you can get lessons on A+ coaching through various facilities around the country. Although it’s not required, certification as a psychologist or counselor is a major bonus, and experience in human resources, resume writing or other career development fields can also lend credence to your list of credentials. Besides your own skills and experience, you’ll need a computer, a laser printer and a fax machine.

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Business Services

Errand Service Business Opportunity

Help busy people get through the day by providing an errand service.

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Business At A Glance

  • Business: Errand Service
  • Start-up Costs: Minimum
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? Yes

Business Overview

Let’s face it; today’s busy lifestyles mean that a lot working people just don’t have time for even the simplest of errands, such as taking the family pet to the veterinarian for a routine checkup, buying AuntSue a birthday present, or picking up the kids after school.

Which is great news if you’re a multi-tasker looking to start your own simple,inexpensive, yet potentially very profitable business. An errand service can be operated with nothing more than a cell phone and reliable transportation.

Land clients by networking and by creating a simple marketing brochure explaining the services you provide along with your contact information.
Related: Start A Small Business, Become Self–Employed

The brochures can be pinned to community bulletin boards, hand-delivered to homes and businesses and distributed with the local newspaper.

A few promotional items such as pens and memo pads emblazoned with your company logo, name and telephone number given out to potential customers will go a long way as a daily reminder of your fast, reliable and affordable errand services.

This is the kind of business where growth is fuelled by referrals, so customer service and satisfaction are the most important goals.

The Market

Busy individuals who need a little help getting their day to day errands done. You can also market your services to small business owners.

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Business Services

Trade Show Displays

Help your clients attract attention at trade shows with eye-catching displays.

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Business At A Glance

Trade Show Displays
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Trade shows are a multibillion dollar industry in North America. All companies and organizations that display or promote products and services at trade shows each year have one thing in common. They all need to have an exhibit display designed, constructed, or rented in order to display and promote their products and services. And the best way to capitalize on the demand for trade show displays is to simply start a business that manufactures custom one-of-a-kind trade show displays and off-the-shelf, mass-produced, generic trade show displays. This type of manufacturing business is very easy to establish, as the components needed to build trade show displays are readily available from a wide range of manufacturers. Additionally, a homebased workshop is more than sufficient space to construct the displays, at least initially. Profit margins are excellent for this type of product, especially on the custom one-of-a-kind orders, and finding clients should not be difficult, due to the simple fact that there are an estimated 100,000+ trade shows each year in the United States alone.

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Business Services

Medical Billing Service

You can work from home while handling billing and tracking down unpaid claims for medical facilities.

Entrepreneur

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Business At A Glance

Medical Billing Service

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

The medical billing industry is extremelycompetitive. However, for the determined entrepreneur there is still agood opportunity to earn $40,000 per year or more operating a homebased medical billing service.

All medical billing is processedelectronically and sent directly to Medicare clearinghouses, socomputer equipment will be required as well as medical billing softwareto operate the service.

Additionally, you’ll have to familiarizeyourself with the diagnostic and procedure coding systems used bydoctors and health-care professionals on medical claim forms toindicate the type of service being billed.

Currently, medical billingservices are charging clients in the range of $2 to $3 per claimprocessed, and the overall profit potential for the service is good,providing you can process medical claims on a volume basis.

 There’s asteep learning curve for operating a medical billing service andcareful planning and research techniques will have to be practiced.

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