📺 Stream EntrepreneurTV for Free 📺

How do I get paid for an online consulting business?

By Lena West

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

I would like to start an online consulting business, and I'm not sure where to begin. I have contacts who work for popular websites and local popular radio stations, and I plan to sit down with them and discuss ideas. But I'm stumped on ways I can receive compensation for providing consulting services online.

It's great that you're already thinking about ways you can leverage your network.

I would highly suggest that you write a business plan to help you map out exactly what you're going to be doing in your business, the best way for you to deliver your services and your revenue streams.

Many people balk at writing a business plan, but it doesn't have to be a stuffy process. A book that makes it fun and interative is The One Page Business Plan by Jim Horan.

Or, if you prefer to use software, I highly recommend the website bplans.com, engineered by the folks at Palo Alto Software.

Good luck

Lena

Lena West is the CEO and Chief Strategist of xynoMedia Technology, a New York-based firm that helps high-growth companies leverage the power of social media, blogs, podcasts and online communities.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Productivity

You Won't Achieve a Work-Life Balance Without Doing These 10 Things

Reach the perfect balance between work and life by following these strategies.

Money & Finance

Young People Should Take 2 Steps If They Want to Buy a House Without Generational Wealth, Says Financial Educator Who Paid Off $50,000 Debt in 2.5 Years

Giovanna Gonzalez, The First Gen Mentor and author of 'Cultura and Cash,' reveals how to improve net worth despite a "different starting line."

Business Ideas

Don't Have Time to Eat Healthy? This Entrepeneur Has a Fix for That.

Luke Saunders, founder and CEO of Farmer's Fridge, built a company to make eating fresh food on the go as easy as buying a bag of chips.

Growing a Business

Get Babbel for $150 for One Week Only

Connect to more qualified leads using a language-learning app.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Employee Experience & Recruiting

Feed Your Company Spirit with This $200 Restaurant.com eGift Card That's Only $35

Use it at thousands of restaurants around the U.S.