How do I get paid for an online consulting business?

By Lena West

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.

Editor's Pick

Related Topics

Science & Technology

5 Mistakes I Learned to Avoid When Working With ChatGPT

What I learned from using ChatGPT for business purposes day-to-day across my content websites.

Business News

Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire

Judge Pauline Newman, a highly respected figure in patent law, has been suspended for one year by her colleagues due to mounting concerns about her mental fitness.

Business News

Uber Eats to Roll Out New Payment Options in 2024, Aiming to Enhance Access to Fresh Groceries for Vulnerable Populations

Starting in 2024, Uber Eats will allow individuals with EBT cards to use their Supplemental Nutrition Assistance Program (SNAP) benefits to pay for grocery delivery orders.

Business Process

10 Ways to Reimagine Retail and Virtual Shopping Since COVID-19

In the post-COVID era, virtual shopping experiences are revolutionizing the retail landscape, merging the efficiency of technology with the personal touch of traditional shopping.

Cryptocurrency / Blockchain

Why the Next Crypto Bull Run Will Be Like Nothing We've Ever Experienced

We are on the precipice of what could be the greatest transfer of wealth that has ever happened in human history.