In today’s economy, telephone-based businesses offer entrepreneurs the opportunity to start a venture while cutting many of the costs associated with traditional business models. This type of business is also very flexible and can be adapted to serve many situations or needs. Businesses such as technical support, consulting or catalog sales are especially well suited for this business model. Telephone-based businesses can offer a lucrative opportunity to experience positive cash flow in a short time frame.
Determine the type of telephone-based business you wish to start. The type of business you decide on will determine many details of your start-up plan. If you are undecided about what type of business to start, consider your educational background, work experience, hobbies and interests. The success of a new business will be affected by your ability to run it effectively and apply enthusiasm into your work.