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.
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