20 Business Ideas for Stay-at-Home Parents Gift Basket-Making Business From corporate parties to baby showers, holidays and birthdays, gift baskets can be tailored to suit the taste of anyone. Gift basket entrepreneurs need a flair for the creative and the design ability to buy gifts and tuck them into baskets, decorative tins, boxes or bags. Attractive packaging is an important part of the gift basket business. You can't just throw some objects together and stick on a bow. Market your gift baskets by taking photos of them. Prepare a brochure listing the contents of each basket and its price. You can sell your baskets online, to corporate offices, through mail order and in local shops. Graphic Design Duties of a graphic designer include designing flyers, informational pamphlets, product catalogs and advertisements. Graphic designers also consult with printers or publishers to identify the best choice of paper, cover stocks and printing processes for any given assignment. Market your services to ad agencies, publishing companies, small magazines, corporations, product manufacturers and individual entrepreneurs. Grant Writing Business The grant writer is the vital link between a funder and a grant seeker. Grant writers work as independent contractors, full- or part-time development officers, and freelancers. Nonprofit organizations account for the largest percentage of grant seekers. Grant writers can apply for a myriad of categories of funding, including project grants, general operating grants, endowment grants, restricted grants, startup funding, matching grants, and challenge grants. Some websites that will help you start researching funders are www.fdncenter.org, www.tgci.com and www.fundsnetservices.com. Home Health-Care Agency An 80-year-old wants to live in his own home but has trouble bathing, fixing meals and cleaning the house. As a home health-care business, your responsibility is to send an employee to assist with the daily tasks of living. Home health care is a rapidly growing business with today's skyrocketing costs of assisted living facilities and live-in nurses. Find out the legal requirements to run a home health-care agency in your area. Always be up to date on the laws for administering any kind of medication. Advertise your services at local community centers, rehabilitation centers, doctors' offices and hospitals.
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Writing the Business Plan: The Financial Plan The Financial Plan Section of the Business Plan It's at the end of your business plan, but the financial plan section is the section that determines whether or not your business idea is viable, and is a key component in determining whether or not your plan is going to be able to attract any investment in your business idea. Basically, the financial plan section consists of three financial statements, the income statement, the cash flow projection and the balance sheet and a brief explanation/analysis of these three statements. This article will lead you through the preparation of each of these three financial statements. First, however, you need to gather together some of the financial data you'll need by examining your expenses. Think of your business expenses as broken into two categories; your start-up expenses and your operating expenses. All the costs of getting your business up and running go into the start-up expenses...
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