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hotbiz word processor

Home Based Business Idea

W O R D   P R O C E S S O R: 


Business Description:
No more nine to five grind working your finger to the bone on someone else's hysterical deadlines and mission critical projects - not for you.  For now on they will be your deadlines and you will work your fingers to the bone because you want to.  Taking administrative tasks and word processing jobs home is still work but now you choose who to work with, the types of projects and the hours that best suit your needs.  You have the flexibility of choosing when to work.  You can enjoy a stress-free summer if you like by minimizing your task load and selecting fewer assignments.   

As a word processing expert you will create, format and edit documents utilizing document processing software on your home computer.  You will be expected to produce a high quality/professional copy for your clients.  You can expect your clients to request anything from a simple resume, to large corporate assignments that include flow charts and detailed graphs.  You may even be expected to input information on an ongoing basis for product catalogues or even an author's novel.  The assignments will be varied as will the types of clients you deal with.  Once you have submitted a completed project it can be reproduced by the client for general distribution.

Your Unique Skills:
An absolute MUST is the mastery of the art of organization.  Of course there are tools that can help, including all of the office gadgets that keep you organized and software for maintaining your files but you need to know where to go to find them.  You should also be an excellent typist and very skilled in the latest document processing skills and layouts.  If someone brings you a rough copy with chicken scratches all over it you will need to patiently and diplomatically be able to ask the client "What's this?".  

Speaking of proofreading you should be able to quickly and effectively peruse a document and make the final corrections so that the document is the piece of art the client is paying for.  You will need to be competent at correcting grammatical errors as well as editing for some clients.  If a client finds one error that may well be the end of your relationship.  You must be extremely detail-oriented. Speed is of an essence if you expect to be paid well for your time.  

A well paid and sought after typist takes a leadership role in creating the perfect layout for their client.  You can use your industry connections and knowledge to get your foot in the door to certain sectors.  If you have worked in the financial arena - initially seek out those types of clients they will see the benefit of not having to explain certain terms and knowing some of the inside information that they are so familiar with.

Tools of the Trade:
You should invest in a good computer.  You will be well-equipped if you have the maximum amount of hard drive space, a fast CPU, a zip drive, a CD burner, and at least a 17" screen.  Don't skimp here.  If you are serious then equip yourself with what it will take to get the job done.  For printing you should have a high quality desk jet printer at a minimum.  Most of your clients will ask for the final product to be sent electronically or on disk so a laser printer is not a must.  Adding good quality paper and a final draft with copies can be an add-on product if you produce resumes/reports. You will need the latest version of Microsoft Word for professionalism and compatibility. Even though word-processing applications have the spell check and thesaurus built in you will still need a series of reference books to verify usage and selection by the author.  Any industry specific reference books and documents may be needed also.

If you need to brush up on your skills then take a class.  Most community colleges offer continuing education calsses and there are even online course that assist you in improving your typing skills, speed and accuracy.  There is special software that is developed to check your timing and errors.  Ex.  Keyboarding Pro by Southwestern Publishing.

Getting Your Foot in the Door:
The potential market for creating specialized communication documents is huge.  Every business is built on their ability to effectively communicate their products and services.  There is always someone looking for the perfect job or some small company trying to sell the latest and greatest widget to the rest of the world - but the problem is communicating it effectively.  

Get the word out.  Use every contact you have to let them know that you are available.  You must have a portfolio of your work that you can either email clients or meet in person to show what you are capable of.  Advertise locally and join networking groups to establish business contacts.  Post a flyer in the library, community center or college.

Set Yourself Apart:
The most successful word processing agents are flexible, and kind.  Having a great attitude will win you the business.  Of course you must have all the skills to back you up but when push comes to shove they will call the person who they enjoy dealing with.  

Show Me the Money:
The rate of pay that you can charge will vary by region, type of document and specialization of the project.  With all of these factors evaluated you can set your rates from $15 to $25 per hour or by the job.

For More Information:

Word Processing Profits at Home  by Peggy Glenn. Aames-Allen Publishing, $18.95.

 "Words from Home: How to Operate a Home-Based Word Processing Business," by Diana Ennen. $24.95

Submitted by: admin
Hits: 0
Added: Sun Jul 31 2005
Last Modified: Wed Aug 10 2005

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