There are many home based businesses that help you to earn a handsome amount while staying at home. Various factors are responsible for the success of a lucrative home based business. The amount you invest, the demand for the business in the area, the skill to market the business, management abilities etc. are some among the factors. Let us discuss some of the home based businesses which are highly profitable.Event or Meeting Planner – An event or meeting planner is responsible for coordinating events and meetings for companies, associations etc. handling all the arrangements including reserving rooms, picking up guests from air port, taking care of food and entertainment etc. Sales meetings, conferences, trade shows, fund raising functions, hospitality events etc are skillfully organized by an event planner. The tasks are wide and varied like establishing meeting objectives and design, finalizing the site and required facilities, preparing the budget, establishing registration procedures, arranging food and drinks, getting the meeting materials printed, doing the necessary advertisements etc. In order to succeed in the business, it is important to have a keen eye for the details. It is also necessary to have several contacts in the travel, transportation and hotel industries. Negotiations skills and handling crisis with patience are qualities to be developed to become successful in the field.Business Plan Writer – Those who have a combination of business acumen, writing skills and creativity can take up business plan writing service. The main role is to develop a blueprint regarding various plans for development, market positioning, financial needs and investment costs to either start up a new business or expand an already existing one. A sound business background, ability to understand the business, sound knowledge of financial statements etc are needed to be become a successful business plan writer.Medical Transcriptionist – Medical transcription business is available for those who are interested in typing and the medical lingo. It is the job of a medical transcriptionist to document the medical records dictated by a healthcare professional. People with excellent listening skills, fast typing speed and aptitude for science and language can succeed in this field.

Green is in! The environmental movement is at the forefront of every major trend right now. Cities, businesses, and homes are all going green. We even get tax breaks for buying green cars and building green houses. And, we should! With global warming, pollutants, and environmental conditions being responsible for mutations and birth defects this is the best movement we could ask for! So, how do you capitalize on it in your home based business or MLM? Go green and use this movement to your advantages. Here are the top 4 advantages to going green in your home based business or MLM:Advantage #1: Going green in your home based business or MLM sends an important message.Having a positive influence and using and providing quality, healthy products is highly valued by others. MLM’s and home based businesses create networks – networks of people who use a service or product and like it enough to tell others. Those people use the service or product and like it enough to tell even more people. And, so the cycle goes of promoting, using, and believing in products and services that are good for us, for our businesses, and for the Planet. We are creating behavior and habits that will be around for years to come. It will influence the youth population and will make a positive difference in our environment.Advantage #2: Going green in your home based business or MLM is cost effective.It may cost a bit more up front to develop green products but in the long run you’ll make more due to increased sales and demand. Green Squad Consulting in San Francisco supported this theory when it declared that it may cost on average 3% more to build a green building but you’ll save 30-40% on utility costs. Consumers value and understand green products. And, the trend is only gaining momentum.Advantage #3: Going green in your home based business or MLM provides a loyal customer base.Eco-entrepreneurs not only create and sell value-based products, but they tend to be very loyal to these products. People who purchase eco-friendly products have a strong sense of community, open communication channels, and tend to share ideas and product recommendations. Green businesses generally have a higher brand image and attract more new clients and as a result see higher profits.Advantage #4: Going green in your home based business or MLM gives you an entrepreneurial advantage.The environmental movement is huge. Embrace it and become healthier and wealthier. Green businesses and products improve a business image, attract more new referrals or clients, and reap higher profits because people are generally happier, healthier, and more productive. An online home based business or MLM that has green products is especially smart. According to Forrester Research, online retail sales will go from $172 billion in 2005 to $329 billion by 2010. Take advantage of these two huge movements (ecommerce and the green movement) with a green Internet MLM or home based business.Find the right home based business, and to learn why 97% of home business owners fail and how to be a part of the 3% who succeed, – you can’t afford not to!