Want to work from home but not sure what you can do? The Hot Home Business Directory helps you find a business to run out of your home, lists the skills you need to do it and tells how to get started and where to get more information. Read on to find out if this Hot Home Biz is for you!
What You'll Do:
You'll set up an online magazine that will focus on a particular subject or will be targeted to a specific market. The subject matter should be something that you find interesting as you will probably be contributing content and overseeing the editorial direction as well as the general look and feel of the site.
Skills You'll Need:
You'll need solid writing and editing skills. If you are going to build the site yourself, you'll need to know HTML (the language used to build websites). The skills associated with a "traditional" editor's job (organizing ideas, choosing topical subject matter, dealing with writers, etc.) are relevant to online editors as well.
Equipment You'll Need:
A good computer. You will probably be running several different programs at once, so your machine will need a fair amount of processing power. If you're planning to host your site out of your home, you will need to investigate server options. Be fore-warned, this is an expensive undertaking. Server costs start at $2,000 and remember, when something goes wrong - you don't have that handy tech support person to turn to. You're it. Going with a good ISP - Internet Service Provider - is highly recommended. If something goes wrong, a reputable ISP will have your problem solved in no time. This will save you in terms of both money and headaches.
A good computer will run anywhere from $1,500 to $3,000. Some computers have an internal fax as well. If an ISP is hosting your site, monthly rates are on average $20 a month. Your marketing costs will vary depending on your chosen methods. A lot of free marketing options are available on the web, in terms of content trade-offs between sites and tapping into different communities that might promote your site by word of mouth.
How Much You Can Expect to Make:
This depends on your business/advertising model. If you are able to get a lot of sponsors and advertisers to commit to your site, then you will be able to make a profit. This all depends on the subject matter of your site and whether taking out ad space will be profitable for potential advertisers. The range could be anywhere from $5,000 on up.
Interested in other home businesses? Browse the hottest ones right now!
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Then get a jump on your business with help from other iVillagers on the Getting Started board.