Home From School
Vital Information ____________________________________________________________________________ Start-up Investment Low - $1500 (personal computer, good laser printer) High - $165,000 (several full-time employees, 3 months salaries, equipment and rent) _______________________________________________________________________________ Break-even time - Two to six months _______________________________________________________________________________ Estimate of Annual Revenue and Profit Revenue $25,000 - $400,000 (solo at low end, with twenty full-time employees at high end) Profit (Pre-tax) - $15,000 - $200,000 ______________________________________________________________________________ The American Dream -- a Dilemma? And that is just what a lot of enterprising moms and dads are choosing to do. For example, a prospective client may call asking what you charge for 4 single spaced pages. You answer 45.00 per page, straight text. You may find yourself doing a lot of list maintenance and merge letters or you could be doing work primarily for doctors, or attorneys. How convenient is your location for your clients? An office outside the home will allow you to separate your work from your home-life, but means you aren't available when the kids come home from school, you have to commute to the office, and you will not have the flexibility to work at odd hours to finish outside a project that is coming due. Nothing will ruin your business quicker than not meeting your deadlines. And this business tends to be one where your clients need their work back yesterday . The computer and software industries are constantly upgrading their products and youll have to keep up or risk being left behind.
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