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June 29, 2007

What To Do When You Feel Like Quitting Your Business

Have you had it? Ready to pack it in and start sending out resumes again? Sometimes working for yourselves turns out different than you expected. Don't throw in the towel yet. Step back and get a new perspective on working.

It's time to motivate yourself. Don't throw away what you have accomplished so far. All small business owners get frustrated at some point in time. A lot of small businesses fail due to owner burnout. What can you do to get out of the rut? Here are a few ideas. Being stressed out is a big factor in wanting to quit. Try taking a few deep breaths. Deep breathing relaxes the mind and body. You might want to try some form of exercise daily.

A massage once a week is also a great stress reliever. Maybe it is time to turn the computer off or take a break from your work. Get away for a few minutes or even a few days. Getting out of your element will refresh you. Try a picnic, a weekend camping trip or a few days at the beach. Taking your mind off of business can and will refresh you.

Don't have the ability to leave home for a while? Try some motivational reading. There are lots of books out there about successful business owners. Exploring how others have overcome their obstacles may help you overcome your own. Reading how others have decided not to quit, can make you decide not to quit as well.

Now is not the time to give up. You could be only one step away from success. Don't get desperate. Desperation can get in the way of your reasonable thinking. Keep taking those steps. You never know when the next step will lead to success. Try telling yourself you are a winner. Winners don't quit. You have to tell yourself that you are a winner and believe it. If you don't believe in yourself, then no one else will.

Deciding to keep your business is a step in the right direction. You must realize there is no "quick fix". Succeeding involves your emotions, desires, thoughts or focus, and your beliefs. Be sure to nurture each of these areas. Each successful business person goes through processes to feed each of these areas. It is up to you to find what successfully feeds each of yours.

Motivation is the driving force to succeeding. You will need to learn to motivate yourself each day. Learn to respect the challenge and invent your energy in your under taking. Overhaul your beliefs, journal log your experiences and read lots of books on your subject. The biggest thing is to have lots and lots of patience. Believe in yourself and go out and succeed.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 28, 2007

The Risks Of Running A Business Yourself

Running your own business can be a challenge, and it can also be frustrating. If you don't have experience in running a business yourself, you may find yourself with more problems than you can handle, especially if you choose an area in which you are not familiar. Because of the risks of running a business, it's important that you make sure you develop as much knowledge as possible before you venture into the world of the unknown.

Running a business yourself has both risks and bonuses, with one of the greatest risks being the fact that you are now in charge of your own destiny. There is no employer to provide a paycheck or benefits; it's all up to you. That means you must make certain you bring in enough work to take care of your financial needs, something that can create a great deal of stress, especially if you are the only wage earner. Some fields are routinely busier than others, and thus not as volatile to downturns in the economy. Unless you are in one of those field, or are a professional such as an accountant or a lawyer, you want to be sure that you have some cash set aside before you give up your full-time job to start a business of your own.

Another risk of owning a business is that of losing your personal possessions, especially your home, over business debts. It's important, even if you are operating a home-based business, to make sure that you protect your personal assets from business seizure by incorporating. If your business is rather small, it may not be of much importance, but if you're running a rather substantial business, especially one that involves the purchase or any kind of products and supplies on a credit plan, make sure that you pay for the extra protecting your personal assets from seizures. You must follow the laws in your individual states because not all states have the same regulations. However, if your state is one of those that only allows business creditors to touch property that is assigned to the business, you definitely want to consider that as an option.

Loss of income due to illness is another risk involved in owning your own business. You are no longer protected by the employer's sick time and short time disability, so you have to assume those risks on your own either by setting money aside in case the need arises or investing in insurance to protect you from those kinds of things. The same holds true for health insurance—having a business means that you are responsible for all of the costs of your health and illnesses. It also means there will be no money coming into the household from the business unless you have others working for you if you aren't able to work.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.

June 27, 2007

What Is A Business Plan?

When you have a home business, you might not have thought about a business plan, but you are going to need one, and you should do your best to make sure that you have one set up before you start with your business. This is something that you need, no matter what type of business you have, and no matter how you plan on going about your future with the home business. A business plan is going to be a must, so be sure that you have one set up.

What Is It

When it comes to your business, you are going to need a business plan. Remember that a home business is always going to either offer a product or offer a service in exchange for money. This is an over-simplification, but it is the one rule that you can stand by. You need to be able to make money, so you need people to pay you for your service or for whatever item you sell. The business plan, then, is a way of setting this up and making sure that it is going to work. In your home business plan you are going to want to list the service or product that your business is going to provide, and how much you are going to be paid for it, minus how much you are going to need to pay to either put the product together or deliver your service.

The idea of a business plan, therefore, is to write down what you are selling, how much you are selling it for, and how much it is going to cost you to do whatever it is that your business is doing. By looking at the figures you come up with in your business plan, you can actually see what kinds of profits you can think about having, and you can decide whether or not your business is going to be a success.

Of course, a good business plan is going to be able to be modified whenever you need to make changes in your business. It isn’t something that should remain set in stone, because the business that can’t grow is going to end up in a lot of trouble. This means that you have to take pains to be sure that you are developing a business plan, and a business, that can actually change and grow with the times. This is something that is very important for you to remember when you are putting your business plan together. As long as it makes sense, and as long as it can grow and change, your business plan is only going to lead to your success in your home business.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.

June 26, 2007

Teen Business That Grow Into An Adult Business

Having a small business can be very challenging as well as enjoyable for kids. More than ten years ago, selling lemonades, cleaning lawns, delivering newspapers, selling cookies and other forms of enterprises keep teenage entrepreneurs busy. As the years pass by, young entrepreneurs evolved and some graduated from the traditional businesses of selling cookies and cleaning lawns to become full fledge business people. As these enterprising kids grow up, most of these enterprising kids continued their business and become successful at it.

One of the best examples of a teenage business that grows into an adult business is that little girl who used to sell cookies around the neighborhood and grew up to be the proud owner of two successful bakeshops across town. From earning a few coins selling cookies each summer around the neighborhood, that little girl turned her business into something that brings about thousands of dollars in profit every year. The secret of her success is that at an early age, she was already exposed to the nitty-gritty of finding good suppliers of ingredients for her small business and had established a good relationship with these suppliers. Furthermore, when she was still a teenager and did not have any pressing needs to earn a living on her own, she had all the time to experiment in baking different types of cookies and pastries that she was able to come up with some really good recipes.

Advantages of Starting Young

There are many advantages of getting into business at a very young age. Teenage entrepreneurs learn their trade early and have more time to hone their business skills. After years of engaging in their teenage businesses, these young people develop a system of their own when it comes to handling their business affairs. These systems will then play a vital role when the teenager later on decide to pursue his or her teenage business and turn it into a full fledge adult business. According to studies, most young entrepreneurs used the skills that they learned early on to expand their business when they get older.

Another advantage of starting a business at an early age is that teenage entrepreneurs gain loyal customers over the years. It is not uncommon for people around the neighborhood to feel an affinity for the young entrepreneur thus they will not really think twice when it comes to supporting the younger entrepreneur. Since teenage entrepreneurs have already established rapport and good relationships with their clients, keeping these clients will not really be hard for them. In fact, some loyal clients will prove to be very useful when it comes to advertising the business expansion of the young entrepreneur. Note that a good word from a very satisfied customer will always bring in more business.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 25, 2007

Taking Risks, While Making Money With Your Business

At sometime in everyone's life, they dream of being their own boss, owning their own company. The trick to being your own boss is to enjoy what you are doing and making money at the same time. Starting your own business as a risk, but learning to minimize the risks is using your head.

Evaluate your talents. Select a career that uses your creativity and talent helps insure your chance of success. Doing what you enjoy will prolong your interest in your work. It also guarantees that what you are doing is not exactly like anyone else. Stepping out on your own means no more company benefits. One of the biggest benefits is insurance. Select several insurance policies to protect you for different areas of your business, Make sure you get enough life insurance to cover your family's obligations, if something should happen to you. Disability insurance is good in case of illnesses or accidents. Some insurance companies give discounts for multiple policies. Taking a partner will help minimize the risk of starting your own business. Find someone who shares your passions and skills. A friend or acquaintance who enjoys doing what you enjoy makes a great business partner.

Do your research. Explore different possibilities. Is one side of town better than another? Do you want to use your home as your home base or rent a place? Which fabric works better, can everyone use this product, etc. Using other peoples experiences will reduce your chances of failure. Get rid of all your negative thoughts. Relax. Be optimistic. Focus your thoughts towards setting and obtaining your goals. Learn to prioritize your time, money and abilities. While spending a great deal of your time working towards your goal, take some time for yourself. By doing this, you won't become burnt out.

Do you need luck to succeed? Maybe a little, but don't depend on it. Get some training in areas that you don't necessarily know, such as accounting or management. Make a yearly plan and re-examine it periodically. Luck is a matter of odds. Do what you can to improve yours. Learn to act accordingly in times of uncertainty. It doesn't hurt to play it a little safe at the beginning. Start out with small risks, then move to larger ones. Items that seem impossible at first, may seem smaller with time and more experience. Get some feedback from others. You never know when a good idea will surface from a comment made in passing.

Take that jump, step out to a new future. Just remember to plan, organize and work hard. Most of all stop dreaming and make that dream a reality.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 24, 2007

Small Business Organizations To Join

For the small business owner, keeping up with all of the available benefits can be difficult. In addition, how does one meet the requirements for a minimum number of employees in order to find good rates on insurance? Unlike the larger companies, it's not as simple as calling someone and knowing you qualify to participate. Many insurance plans require a minimum number of participants in order to offer group rates, so often times the small business owner is left in the cold.

This is the point where a small business can take advantage of some of the various organizations that exist just for them. Various organizations offer different benefits for the small business organization, including those who come together as an association so that small business can take advantage of benefits previously only offered to large businesses. For examples, some credit unions offer insurance benefits to their members at group rates, while labor unions quite frequently have plans already in place for their members, no matter the size of the individual organization.

Each existing small business organization has its own function and plan for helping the small business owner. Some offer training in order for the business to grow in its knowledge of the product it produces, while others offer working capital to allow the business to develop and flourish. The government operates some of these organizations, while others are privately owned or non-profit organizations that are funded by major corporations. Whatever the needs may be for a small business, there is an organization there to meet those needs. The difficulty is not in an organization being in operation to assist with those needs, but for the small business owner to have the capability of locating these organizations when he needs the information. Thanks to the Internet, this process has become easier, but for a start up business, access to online sources may not always be an option. Fortunately for those who do not have online access, or choose not to utilize it, various books and publications are available to assist a small business in locating organizations that are specifically geared toward helping small businesses succeed.

When you are just starting out, it is very difficult to know all of the places to search for information, so another good source of information is your local university. Quite often the business development centers of the universities offer many different services to small businesses in the private sector. This includes information about start up funding, different types of financing based upon the scope of the business and its ownership, and training in essential areas of business ownership. In some areas, these classes are even sponsored in cooperation with the Small Business Administration and other small business development organizations.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 23, 2007

Should You Attend Home Business Seminars When Starting A Business?

When someone is getting ready to start a business, whether a home-based business or one in the traditional brick and mortar building, they should consider attending business seminars. Regardless of the amount of experience they have, there are always things to be learned from others. The type of business being started there are numerous common issues that all businesses will face and professionals offering advice may be able to present new points of view for old problems.

For those beginning a business for the first time, the best seminar they can attend would be on time management, learning how effectively to share time between the business and the family. Developing an efficient work-life balance will not only benefit the business but may also save a marriage and other family relationships. Everyone knows that when a new business is started there is a lot of work to be done, and the owner will spend more time working for themselves than when working for someone else, but learning how to manage the time can help save a lot of stress.

Making decisions will be vital part of every business and while some may seem insignificant, such as where to buy copy paper, others may have an impact on more than only the person making the decision. The attitude of being the business owner and only their opinion matters will not last long in the business environment. Attending home business seminars when starting a business can show how some decisions may affect suppliers and customers as well as employees. By attending decision-making seminars the best ways to communicate the changes can be learned.

Many times when running your home business there will be some issues that may seem pretty complex and difficult to solve. Business seminars on problem solving can outline ways to see problems from different angles and approach them from different perspectives in order to each a conclusion that will benefit all the people affected by the decision. Additionally, with business seminars you can also learn how effectively to brainstorm with others to reach a conclusion and develop a plan to fix the problem.

One of the most important parts of operating a home business is communications since most of it may be by telephone or email and effectively communicating your point on any issue will help insure others understand the point being made. Communications seminars can also be related to family members, especially when the line because I said so does not work anymore.

Creativity and changes in the workplace are also typically offered for business owners to help them through the progress of business growth. Whether through self-development courses or group business seminars, every business owner should take advantage of every opportunity to learn more about the basics as well as the fine points of running a home business.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 22, 2007

Should Relatives Go into Business Together?

There are many asking if relatives should go into business together and the answer is elusive for many reasons. Depending on how closely related they are and how close they are personally can have a direct effect on their ability to work together as equal partners in a business. Different people have different personalities and the person with the most dominant personality will end up being in charge, whether planned or not, which can cause friction when running a business together.

If the relatives have known each other a long time and are well acquainted, they should already know who the stronger of two is, but in a business managing by intimidation is never a good performance standard. Before entering the business climate, they have to talk through the good and bad of being in business together, knowing that if they end up unable to work things out it will now only wreck a friendship, but can cause discord within the entire families with people taking sides in any dispute. However, they will still be related when it is over.

Being in a business as a “family” may have worked for the so-called mob, but in that scenario there was a firmly entrenched order and violations of that order had very swift and severe consequences. Not the management flow chart that operate a successful business. If persons hoping to go into business together cannot agree on the basics of who will be in charge of what, then the answer is no, relatives should not go into business together,

Family members with similar personalities often find themselves unemployed and view going into business together as a viable means to support their families. Understanding the strengths and weakness of both, they can use that to establish a management chart to determine who will be in charge of what aspect of running the business. They may also find there are portions of running the business with which they have no experience and may need another person to help fulfill those needs.

By sitting down and outlining the needs of starting a business and what each person can bring to the business table, they will be better prepared to deal with any issues that arise with being related in operating the same business. There will be conflicts as there are in any business relationship, but the fact they are related should never enter any business-related discussion. Additionally, there must be the attitude of what happens at work stays at work. Complaining to the spouse or other family members can lead to inner-family arguments that probably are not worth fighting over in the first place.

One of the biggest problems faced when relatives are in business together may be in scheduling. When there is a family function, both people will most likely want to attend and as owners of the business should not be a problem, but there may be times when the needs of the business require one to be available, the need to work out who will go and who will work may rock the relationship boat.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 21, 2007

Running A Home business & Working Full Time Outside Your Home

Very few people will claim they are bringing enough money home to meet all their needs and wants. Several will begin a home business to supplement their income while remaining at the full time job outside. This can take a toll on the personal life as well as the health of just about anyone running a home business and working full time outside the home.

One of the first considerations should be is the home business in conflict with the full time job as many employers will not tolerate competition from one of their employees. For example, a person working in a retail environment in nearly any capacity may find themselves in conflict with company policies if they begin an online retail outlet. Or someone working for a carpet cleaning company starting a home business offering cleaning services part time as a home business. Being in conflict often forces the employee to make a choice of keeping their full time job or finding work elsewhere.

There are many home business opportunities available that will not conflict with outside work environments, but the time involved in operating the home business will need to be examined to determine if it can be done effectively while working full time. The business operator will only have limited availability as well as time to spend on the business and the time needed to run the business will have to be reallocated from another part of the day.

A person with a family will need to know that any time needed to run the home business will have to come from time usually used for family functions or just spending time with the wife and kids. The full time employer will not tolerate someone spending time on their home business while being paid so dividing the time between work, running the business and family may or may not be worth the extra income from a home business.

In some cases, there are home business opportunities that require little time and enable it to be run at the convenience of the owner. With these jobs time can be arranged in which to run the business without losing time with family and friends, although sacrificing sleep or relaxation time may be necessary. Overall, there will be some sacrifice of time and personal involvement when running a business and working full time outside the home.

Time management will be essential in creating work-life balance as well as remaining organized so as not to allow important aspects of work, home business operation and family slip through the cracks. A single schedule guiding the commitments for all obligations will be needed in order to accomplish everything that needs done and to stay ahead of the work.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 20, 2007

Renting Your Office Space Can Be Wise

When you have a business, there are several things that you want to think about. When you are first starting out, you might decide that you want your business to be at your home, which means that your office would be at home and you’d be dealing with all of your customers through home. Sometimes this makes sense, because you really can get a lot done and you can really take the time to be at home, which means you can also take the time to do other things that you have always wanted to do. However, there might come a point when your business has grown, or when you are ready to move further forward with your business, and when this happens you might decide that renting out office space is your best option when it comes to where your business is.

Why Rent?

There are many reasons that you might want to think about renting out your office space. First of all, this is something that can be done that is not permanent. If you can find the right kind of lease, you can pretty much determine when you have your office there and when you are done. If you are on a month to month lease, it will mean that if you ever decide you want to move your business back to your home, or change locations, it is fairly easy to do so and doesn’t require a lot of work. This is only one of the advantages to renting your office space.

Another thing that can be great about renting your office space is that this is relatively cheap and can usually be written off as a business expense. This means you will find there is little to no worry about what you are doing and where the money to do it is coming from. You can find office space quite cheap, and it can be a good way to get your business farther along.

There is another good thing to having your home business located in an office that you are renting. It is often too easy to work too much if you have a home business, because you can always go to your home office and work. This might be good for some jobs, but if you find that you are taking time away from your family, and working too often, moving your office to a rented space is a great way to make sure that your home business hours don’t take over your whole life. If you find that you are having trouble not working for 24 hours straight, moving to a rented office is a great way to stop this and to allow you to have better control over when you work and when you don’t work.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 19, 2007

Meeting With Investors About Your Business Idea

Raising money for your business can be very challenging especially if you are not the type of person who is comfortable marketing your business ideas. If you are one of those people who are not really very good at communicating you ideas verbally, it would be a good idea for you to spend a lot of time and efforts in preparing your business presentation to make sure that you have everything under control. When it comes to preparing your business presentation, you may need to the help of a business presentation expert just to make sure that you are able to get your points across clearly. Always remember that first impressions count when making business presentations so be sure to create a good impression in your potential investors.

When preparing your presentation for your meeting with the investors, make sure that you do not just present your business ideas, you should also them the potential profit that you can derive out of this business idea. Always remember that investors are very much concerned about profits so given them an idea of how you will mostly likely to earn and how it will take you to achieve this goal. Be realistic in your projections. Note that the investors will scrutinize these projections extensively and if they found out that you are bloating your projections, you will most likely lose their trust and their money.

Packaging Yourself

Investors are interested in you and your business. When the investors take a personal interest in you, it will be easier for you to convince then to finance your business venture. It is not uncommon for investors to invest in someone’s business simply because they know and trust that person. On the other hand, there have been cases where investors shy away from a good project simply because they do not like the person present who is making the business presentation. Since you as a person can make a big difference when it comes to convincing potential investors to pour in some money into your business, you make it a point to package yourself in such a way that the investors will like you and trust you. Now, do not attempt to gloss up your appearance. Investors will know it you are being phony so be honest about who you are and what you are.

Potential investors are not just interested in you; they are also interested in the members of your team. If you can bring some of the members of your team with you during your meeting, do so. A lot of investors are very concerned about how your team works so make sure that you demonstrate to them how you deal with the members of your team.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 18, 2007

Learning How To Run Your Business From Expert Business People

One of the best things that you can do as you start a business, no matter what you are doing for your business, is to talk to people who are good at this, and people who already have successful businesses. This is a great way to learn about the business world, and to learn how you can fit into your own home business and be a success with the things that you have learned.

Find Them

As you go to start your own business, one of the things that you should look for is people who are good at what they do. This might be an older friend or a relative, or someone who started a business a long time ago. No matter who it is, there are going to be valuable things that you can learn from them and you are going to be able to get a great idea about how your business should be run and the things that you can do to make your business even better as you go ahead and try to compete in the world today.

Ask Them

When you have found someone who you can get advice from when it comes to your own business, all that is left is for you to talk to them. Make a list of questions that you want to ask them, and then simply go to talk to them about the things that you want to talk about. This is something you can do in one day, or even you can do over a longer time period. No matter what, you’ll find that talking to someone who already has been through the things that you are going through is a great way to get some advice and to get some idea of what you should be doing with your life and what you should be doing with your business.

You might even end up finding a mentor who can take you under their wing and who can support you through your business and through your life. This is a great way to network and a great way to build up your skills when it comes to being a networking agent and being someone who is viable and important in the community as a whole. There are many things you can do to make sure that this happens, and the more than you can do when you are talking to people, the better off you are going to be as you start your own business.

Remember, there are always going to be people who are willing to help you. All you have to do is to go out and find them wherever you can, and take whatever advice they have to offer you. You will simply find this is the best way to be, and you are going to be able to be very successful.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 17, 2007

It Doesn't Take A Man To Run A Business: Women Business Owners

Owning a business used to be a man's world, and many of them still think they have a monopoly on business ownership. The truth is that as more women enter into the world of business ownership, men are finding that they have to compete with an equal partner who knows just as much if not more than he does about running a business. This is likely the result of more women attending college and pursuing degrees in business that make them at least equivalent to a man in terms of business expertise. Certainly many men do not like to admit that, but many women have the personal skills to work better with the public than their male counterparts. As women, and especially mothers, we have more when dealing with issues than our male counterparts. This is especially true of a retail business that requires a large amount of problem solving.

Does the fact that more women are beginning to own businesses mean that men will feel more of a competitive edge? Possibly, but then again, having a little competition is good for business, and if a man knows his competition is female, he is quite often having his ego tested, so therefore works harder to overcome the fear of a woman-owned business becoming more profitable. The government knows the potential for women-owned business, and as such, they fall under one of the special categories for funding for minority-owned businesses. Though women are not likely to join the male-dominated construction or car repair-type businesses, they are definitely going to give them a good run for their money in accounting, legal, and medical fields. Law firms, accounting firms, and doctors are all fields once dominated by males, but the last thirty years has shown a boom in the number of women who enter these fields. In fact, statistics indicate that women are better in business math, which gives them an edge over males in the accounting field. Women are also less likely to back down when pushed into a corner, a quality that makes them good in the legal field. If they are also parents, they are more skilled at determining the guilt or innocence of a client, having faced it at home on many occasions.

With more women opting for business-ownership, men can no longer consider themselves the "experts" in this vocation. In addition, it's something that should not require the use of gender selection in order to determine abilities, but should be based solely on skills. After all, we have evolved beyond the generation when a woman's sole function was to get married and raise babies. In the 21st century, a woman has an expanded role, and she assumes that role in her rightful place next to every man who is doing the same function.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 16, 2007

Inexpensive Advertising Techniques For Businesses

When you have a business, you should know that your advertising is something you have to focus on to make sure you are getting as much business as possible. If you are trying to advertise your business, you want to be sure that this is something you can do. One of the best ways that you can advertise is to try to do it without spending too much money, because if you spend more money than you should be spending on advertising, it isn’t going to be worth it.

There are several ways you can advertise inexpensively. The best thing you can do is to focus on the free advertising that you can get. If you have an online business, this can be even easier, as long as you are willing to take the time to do it. If you can go to chat rooms, blogs, or other interesting places and keep your website or your business name as your signature, even if that is only seen by a few people it is still a free way to advertise. You can also post your name on various threads and in various places that will allow you to post your website.

By large, advertising online is usually very cheap. The key is to find a place online where lots of your customers are going to go. In order to do this, you have to be sure that you know who your demographic is and who is using your business. This might require some work on your part. Once you have identified who the people are that are using your business, you can go to other sites that these people are also going to be using, and you can advertise on these sites, quite easily.

The other way to advertise cheaply is by word of mouth. This might require you to be online for a long time ,simply going to sites and talking about your business and how good it is. This is something that requires time and energy, but in the end you will find that it is actually a very inexpensive way to advertise.

If you have the time and money, you can also advertise out in the world, not on the internet. This is something that you can do by way of posters, billboards and flyers and by other methods as well. The main idea is you should find out where your customers are going to be, and locate them, whether it is in the real world or whether it is online. Once you have located your customers, you can go ahead and start advertising in ways that they are going to understand, and ways that they are going to be able to take advantage of.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 15, 2007

Reorganizing Your Business When It’s Just Not Working

Sometimes, no matter how hard you try, you will find that your business just doesn’t work the way that you want it to. No matter how well you have done on your business plan, and no matter how much information you have that tells you’re your business is going to work, you are probably going to find yourself in a situation where you need to reorganize your thoughts, as well as some of your business, in order to make sure that it is going to be profitable like you hoped that it would be.

Don’t Get Stuck

One of the most important things that you can do as you own a business is to try hard to not get stuck with the way that the business works and with the way that it is set up. Getting stuck with the way that you think a business should be is a mistake that lots of people make, and it something that can be a disaster to you if you don’t allow yourself to change and grow with the times.

You have to be sure that you are always keeping tabs on your business and that you are evaluating how well it is working and what you can do to make it better. If you come to a point in time in which you don’t think your business is working at all, you are probably going to have to completely reorganize it, no matter how hard this might seem. This is something that you might have to do, and it is something that you are going to want to do because sometimes the only way to save your business is to overhaul it and reorganize it.

The first step in this process is going to be taking a look at your business and seeing what you could perhaps do to make it better. This means that you have to be sure to take a look at the various types of work that is coming in, how you are processing it, and how it is working. This is something that you should be doing on a regular basis. However, if you find that it just isn’t working, this is the time that you are going to want to take to change it so that it works better.

Remember that when you reorganize your business, it isn’t completely like starting from scratch, but you might want to treat it like it is. Take the time to write a business plan that shows you how you can succeed, and then make the changes that need to be made so that your business isn’t failing any more. Don’t be afraid to start completely over on some of your projects, because this just might be the tip that you are all looking for to make sure that you are going to be a success.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.

June 14, 2007

Outsourcing Your Work To Profit More

One of the things that you might want to think about as your home business grows is the idea of outsourcing your work so that you can make more profit. This is a big step for a home business, because most of the home businesses start very small. You might begin by doing all of the work yourself, and this means that you have total control over every aspect of your business. However, because you are just one person, and because you can only do so much, no matter how good you get at your job, you are eventually going to hit a ceiling as far as how much money you can make on your own. When this happens, you have two choices. You can either be content with the amount of money you can make by yourself, or you can begin to outsource your work, and make even more profit.

How It Works

You might think that you are going to lose money by having others do it, because you will have to pay them. However, you have to look at what you can accomplish. If you yourself can produce 100 units of whatever you sell per week, that means each person you hire can produce 100 units. Even if you have to pay each person that works for you a percentage of the 100 units that you sell because of them, you are getting money for them working for you because of all of the extra orders that you can take. The best way to outsource is to find people who are just breaking into whatever field your business is located in, because they will be willing to work for less money than you do since they are just starting out. How it works is that you hire them, and then you continue to take orders as you always have – except if you have hired 10 people you can now produce 1000 of whatever you are making instead of simply 100. You pay the people a percentage of what you make on the units, and you keep the rest as profits. This is the best way to build your profits up, and to build your business as well. Eventually you will have to replace some of your employees, because the longer people work for you, the more experience they are going to get, and when it comes right down to it, eventually you will have to either pay them more, or find other workers who are just starting out and will work for less. However, the longer you do this, the more and more orders you are going to be able to get, and the more employees you can have. As long as you are good at organizing invoices and payment schedules, you can become the head of a huge corporation, and make even more money.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 13, 2007

Making Time For Your Kids When You Own A Business

When you own a business, no matter if you run it from your home or if you have an office building that your business is located in, making time for your kids is always something that you want to focus on, and it is always something that you are going to be concerned with.

If you want to be able to be there for your kids, you have to be sure you are making time for them. With a home business or a small business, this can be very hard because there might often be times in which you simply have to be where ever the business is, and you can’t afford to not be there. This is something that you might find very difficult because if you take time away from your business, your business is going to suffer; therefore, you won’t have the money to help your kids have the kind of life you want them to have. However, what good is the money for your children if you don’t’ spend enough time with them and you don’t know them very well?

There has to be a balance between spending enough time with your children and spending enough time to make sure that your business is doing well and that you don’t’ have to worry about making money for your children. The best way to do this is to make sure that your business, even if it is located in your home, has regular work hours that you can follow. The best thing for you to do would be to try your hardest to get all of your home business work done while your kids are at school. This is a great way to make sure that your schedules match. If you work hard, most days you should be able to be done with work for the day when your children get home from school.

However, we all know that with a home business there are some times when this isn’t possible. In order to be a success for your family, you often have to work long hours, and this might cut into the time you have set aside for your family. A good solution for this is to get your family involved in the business. If you have school aged children, they can come to your business after school and do small chores while they wait for you to finish your day of work. This is a great way to get them involved, have them learning, and spend time with them all at once. No matter what your home business is, if you need to work longer days, it is always a good idea to get your children involved, even if all they are doing is taping boxes shut or taking out the trash. They can always do something.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 12, 2007

Learn How To Take A Day Off When Running A Business

When you are running a business, the tendency you are going to have to fight the most is the one that tells you to work all of the time. It is a funny paradox because a lot of the times a person goes into their own business so they don’t’ have to work so much, and so they can set their own hours. This happens very often – however, when a person decides to have a home business, what happens next is that they come up with something they love, and something they are very passionate about. This, coupled with the fact that the business is now located in their home or very close to their home makes lots of people feel like they should work all of the time. There is a real tendency that you have to fight to work for 24 hours a day and to never take a day off.

Good To Be A hard Worker

First of all, be proud of yourself for wanting to work so hard. If you have found something that you love to do, and you are enjoying your job, that is a great thing for you and for your future. You should feel good about the fact that your job means a lot to you, and you should feel like you have accomplished something by allowing yourself to be happy in your job.

However, you have to remember no matter how much you like your job, and no matter how happy you are with what you are doing for a living, you simply have to take a day off now and then, and you have to give yourself vacations. You might not think they are necessary if you love your job, but if you don’t give yourself the proper amount of time off, you are going to find that you get burned out much more easily than you would normally do. No matter how much you enjoy what you do, if you don’t take a break now and then, you won’t be able to do it for very long.

The biggest thing you have to deal with when you are taking days off from a home business is the guilt that goes along with knowing that every moment you are not in your home office, you are missing out on chances to make money and to make your business better. However, you have to remind yourself that part of the reason you are taking control of what you do is that you want to be able to have a flexible schedule. You have to work really hard at letting yourself take time off, and at being okay with that.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 11, 2007

Is It Possible To Run Your Business At Home?

Many people wonder if a home business is for them, and the reason a lot of people hesitate is because they aren’t sure they can run a home business, as well as running their home. Part of having a home business is that you should be able to be at home to take care of the things you normally wouldn’t be able to take care of, at the same time you are making money off of your home business. However, there are several things you should think about so you can do both of these things at once. There are several keys you can use which will make this process much easier, and if you do it right, you should easily be able to run your home business as well as your home, with very little hassle.

Keep It Real

The first thing you have to be sure to do is to make time for your home business and to make time for your home as well. When you work from home it is very easy to simply work for days at a time because since your business is at home, it can be open 24 hours a day especially if you are online. You might be tempted to take on other projects or orders to do more so you can make more money. However, if you don’t set limits for yourself, you’ll find that you aren’t able to run your home as well at the same time.

In order to avoid this problem, first you have to be sure you are taking a good look at the hours you want to work. Just like a regular office, your home business should have office hours and hours when you are not available. It is simply too easy to work all of the time, even if you need the money. But keeping hours and making sure you keep them regularly is a good way to make sure you will also have time to run your home, as well as your home business.

Own Office

Secondly, you have to remember that you are going to want to be sure you have your own office space for your home business that is separate from your actual living space in your home. Even if you devote a corner of your kitchen or living room to your home business, there should be an area that is only for your business, which will make it much easier for you to keep the two things separated. If you can keep your home and your home business apart, you’ll have a much better chance of doing them both well.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 10, 2007

How To Write Up A Yearly Business Plan

It's important to have a business plan for your business each year so that you can see what your needs are for the coming year, and to show yourself and the bank how far you have progressed since your original business plan was written. A new business writes a business plan in order to show their intentions to operate and to provide information to financial institutions in support of start up capital and funding for other operations. In most cases, the banks want to see three to five year projections showing your intention for the funding. Depending on the scope of the business, they may only finance the first year, and will want additional proof that the business is progressing along the terms of the original business plan before they will advance any more funds.

Since you are not able to really show much in the way of financial records, having a business plan also shows potential creditors what you anticipate for the future of your business. They can then compare this to your original plan to verify if you are moving along as planned. They do not want to be stuck with an uncollectible loan by advancing funds to a business that has no potential of becoming successful. Even if you are a little behind your original projections, they are able to see if the potential is there for improvement, and may even make suggestions for helping you reach your original goals. On the other hand, if your progress is way behind original projections, that can be a sign that your business is failing, so it's likely that you will not receive any more funding until you can prove the business is on its way to profitability.

It's normal for any business to take three to five years to turn a profit, but if you aren't showing improvement, that is an area for concern. As you enter into your second year, you should be showing less of a loss and more of a profit even if you don't yet show a net gain in income. Even if you aren't looking for additional funding, you should look at this as a warning sign and start making some changes so that you can earn from your business what you originally intended. It may mean your prices are too low, or your expenses are excessive for the amount of business you have and need to be cut. For instance, if you are selling products from a website, investigate what others are charging for the same type of items to see if you are in line with the industry standard in pricing. If you sell services, find out what others are charging for the same service—maybe your prices are too high, and thus people are going elsewhere for the same service. In reality, these should have been checked first, but some people in their haste to begin a business forget the most important step of price comparison.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 9, 2007

How To Stretch Funds When Business Is Slow

One of the main things that you have to know about running a home business is that you will need a plan for how you will stretch your money when business is slow. This is something you to think about no matter what you are doing or what you are selling. There are going to be periods of time in which you simply can’t make ends meet, and it is always a good idea to be able to have some tips as to how you can handle this.

Tips

One of the things you can do at the very start of your business to make sure you are able to sail through the times when money is tight is to make sure you have built these times into your business plan. There should be a part of your business plan that details how you are going to save money when business is booming. You should have a set amount of money you are putting away each time you are making profit, and these funds should be what you can fall back on during times when you aren’t making as much money as you thought you would make.

Another thing you need to remember is you should always be on the lookout for savings you can make. You might want to hire people for occasional work, yet not make them full time employees. This will help because you can use them when you can afford to pay them and when you have enough work for them to do, and they wont’ expect to work all of the time so when business is slow, you can do all of the work yourself and make more money because you don’t have to p ay your employees.

You can also look for ways to save money when business is slow by networking with other small business owners and seeing if there are services that you can trade each other. For instance, if you are a writer, you might want to offer your skills to the owner of a design company in exchange for them giving you some designs for free. If you are able to have enough networking skills, you can find ways to make sure that you are able to stretch the money that you do make in the off seasons as far as it will go.

Remember you are in control of your home business, which means you are going to be able to decide what you save and what you spend. Keep this in mind, especially if you have a business that tends to have good days and bad days – like most businesses do. Simply spending less when you have more money allows you to be able to save more for the times when you don’t have too much business.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 8, 2007

Setting Up Your Own Home Based Catering Business


Are you one of those people who love to cook? If you love cooking, you might want to put your talents to work and set up your own home based catering business. The good thing about setting up your business at home is that you get to earn money while keeping an eye on the kids.

Formulating your business plan

Before to start your business, be sure that you have a sound business plan. Always bear in mind that your business plan is very important if you want to succeed in your business. You don’t really need a complicated business. All you need is a list of things that you need to do to get things started, have a business goal, a timeframe and a budget. Now, don’t runaway yet, it’s not really as complicated as it sounds. You don’t need to have a PhD to write your business plan. To make a simplified business plan, just get a piece of paper and divide it into four columns. The first column should be allocated for particulars where you will write all the things that you will to do, the second column could be for time frame where you get to write the time and date when you will need to perform the task that you listed in your column for particulars, the third column will be for your expected expenses and the fourth column will be for your expected output.

When formulating your business plan, make sure that you list all the things that need to be done, preferably in a chronological order or in your order of priorities. For instance, since you are setting up a home based catering business, you will need to get cooking equipments. On your fist column, you may write purchase of equipments and cooking utensils. Make sure that you identify all the equipments and utensils that you need. You may write them according to your priorities. On the second column, write when you will purchase these things. In case you are not planning to purchase all your equipments all at the same time, write the different target dates you have. For your third column, estimate how much money you need to get you equipments. You may also write in your business plan where you intend to get the money from.

The fourth column of a simplified business plan can be a bit tricky. Here you will make some business projections. If you are buying equipments, you will need to project how you will be able to recover the cost of your investment. Be realistic in your projections. Always bear in mind that it will not do you any good to be overly optimistic. Always be conservative when making projections. It is always better to exceed your projected income than to fall miserably below it.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.

June 6, 2007

Reasons To Have A Home Business

If you are thinking about starting up a home business, chances are you don’t need to be convinced. However, you have to be sure you are doing the home business for the right reasons, and you aren’t going to be surprised by anything that might happen while you are working with your home business. Make sure you are doing it for the right reasons, and you are going to be more likely to be happy with the way your home business turns out.

Reasons

There are many reasons to have a home business. You need to make sure you are doing it for a good reason, and this is going to fit into your life. You shouldn’t decide you want to open a home business, for instance, if you simply want to work at home. There are many ways you can work at home without having your own home business, and so if you simply want to have the freedom of working at home, then a home business might not be the best option for you. However, if you really have the drive and ambition to not only work at home, but to be able to create a business from scratch, then it is something you should consider.

You also should not open a home business simply because you are angry with the way your boss is running his business. A good reason to open a home business might be that you have new and innovative ideas for whatever field you are working in, and this might be why you want the home business. However, if you are simply doing it so that you can do what your boss does, only try to do it better, you are not going into the business for the right reasons.

You should be opening a home business because you want to make a difference in the field, and also because you truly enjoy what you are doing and think you are going to be able to do it very well from home. These are all reasons that you might want to consider starting a home business. The idea of working from home and being your own boss should simply be something good that goes along with it. Remember no matter what, once you start a home business it is going to be apart of your life, and it is going to be something you have to plan for in the future. This means a home business is something you need to think through and plan carefully before you decide it is for you for sure. This is very important to remember.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 5, 2007

Working A Joint Home Based Business With Your Spouse

Sometimes a home-based business is not just something a mother does to spend time with her children. It can be an idea husband and wife develops in order to have something that they can do together. How well they can work together depends upon the strength of the marriage and the couple in general because some people cannot work together and live together at the same time.

What kind of business is typically that of a couple? Men are not typically the in-office kind of people unless they come from an executive background. It is more likely to find a married couple working in the construction or remodeling business with the husband
doing the work while the wife handles the accounting and paperwork end of the business. Another business that is becoming more popular with husbands and wives is that of operating a web building and hosting business. Quite often what happens in that kind of
business is that one of the team works on the website building while the other team member will recruit writers to write the content for the client sites that they build.

It's important to remember if you are considering operating a business with your spouse that it means you will not have any time away from each other, especially not if the business is one that is done solely in the home such as accounting or other types of
computer based businesses. Many people are even working at home today as credit card processors, data entry clerks, secretaries, and even lawyers. The opportunities for working at home have increased substantially with the introduction of the internet, and with gas being so high, more couples are choosing to work at home together. Of course, you have to be aware of potential problems that can arise unless you separate the business from the personal side. If you are working with your spouse, you should work as if he or she was just any other business partner rather than your spouse. Working together in a professional capacity will help keep the premise of spending all day and all night with your spouse.

Teamwork can be quite satisfying as long as you work with each other and not against each other. No one should be totally in charge unless you choose to separate duties such as the actual project work and the office work, and whatever you do with division of duties should be agreed upon by each of you. Make your home business pleasurable rather than allowing it to breakdown the marital bonds. Learn to work together as a team, and you will accomplish what many couples don't: making your business a huge success without straining the relationship.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 4, 2007

Tips In Financial Management For Your Home Business

Financial management is one of the pitfalls for people who are engaged in a home business. Even if your have chosen a good home business but you have no idea on how to manage your business financially, you will most likely end up losing a lot of money. Since you cannot afford to waste your money, you better shape up and take care of your finances early on. It will not really do you any good if you just keep working on your business not really knowing if you are making enough money to compensate for your efforts.

Getting Started

The first thing that you need to do to get your financial systems in place is to open a separate bank account for your business. A lot of home business owners keep their personal funds together with their personal accounts that they end up drawing money which should have been for the business and vice versa. The practice of mixing up your personal funds and the funds for your business is very dangerous because you will not have much control over you business and personal finances. By opening separate bank accounts for your business and for personal use, you will be able to manage your money better.

Aside from setting up a separate bank account for you business, you must see to it that you also set up a separate funds for your business expenses. Since you are working form home, try to separate all the expenses that are related to your business from your home expenses. For instance, your business phone should be paid by money coming from your business account. You might also want to “bill” your business for utilities and rent. You can do this by setting a certain amount every month for utilities and rent then take this amount from the business account.

Out of your business earning, you might also want to set up a certain amount which you can draw out as your salary. The good thing about setting a certain amount of money every month as your salary is that you will be able to determine if you are indeed making enough money to pay for all your business expenses and at the same time pay yourself for your efforts. Make sure that you only draw-out the extract amount of money from the business for your salary. Even if your business is doing well and you have plenty of money in the business account, do not be tempted to draw more than you should. Keep the money in the business account for future use. You might want to expand your home business later on.

At the end of the year, you might want to give yourself a bonus. If you have been religiously following your own rules regarding your finances, you will be surprised at how much money you will have left in your business account at the end of the year.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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June 2, 2007

Tips For Marketing Your Home Business

Anyone who starts a home based business has high hopes for success. Many feel that with just a few simple ads the business will boom and take off into a major business. However, many find that customers are actually few and far between when it comes to a home based business. With the following tips you can help to market your home based business and turn it into a success.

While family and friends can be helpful when it comes to a home based business you should also look to expand your network. To do this consider the places where you can find good customer. Some ideas include local civic associations, regional trade shows, professional conferences and chamber of commerce meetings. If you have an online business then you may want to consider checking message boards to help build your online mailing list.

Whenever you find someone and the situation calls for it, talk to them. Everyone has the potential of being a customer if you just talk to them. The possibilities are endless and it gives you something to do instead of just waiting around for a bus or airplane. Just striking up a conversation can bring you in a lot of additional business.

Even if you don’t have an online business, one of the best advertising methods is online. Whether you are selling a local product or not, online is a way to get in contact with millions of potential customers from the comfort and convenience of your home computer.

When discussing your business it may be a good idea to leave out the fact that you have a home based business. Although a great many companies are starting up home based aspects of their companies many people still view these businesses as unprofessional. Rather focus on the product or service you are selling since this is what is important and this is what the customer wants.

Depending on the service you are offering consider doing a few local demonstrations. This can help increase the publicity for your business. Or you can offer to do a local service featuring your talents for free such as decorating a local restaurant. This way you can increase your popularity and possibly gain further sales later.

For the top marketing techniques consider attending meetings that focus on your business industry and talking with people about their successes and problems. This can help you learn what to do and what to avoid for your business. Another option is to read any trade publications for your business industry. Getting into the industry allows you to find someone you can go to with a specific question or problem you may encounter with your business. Just always remember to follow up with the individual and thank them for their help so they know you appreciate it.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.

June 1, 2007

The Three Golden Laws of Home Business

Starting, running, and turning a profit out of a home business does not have to be the tall task that most people make it out to be. While it certainly isn’t easy, it doesn’t have to be overly difficult either. With a little bit of forethought and planning, even the hardest, most complex of things can become relatively simple.

There are three golden laws in running a home business. If followed, these laws will help you create a dynamic home business, one that allows you make a decent living. If ignored, these laws will ensure that your home business does not rise above average operating results.

First, plan all the way to the end. You must have a concrete vision for the business. Where will it be five, ten, twenty years from now? What sort of scale will it have? What will it be doing differently, and what things will remain the same? Try to envision all the obstacles that may come up and prepare plans to meet them. To be sure, you will be unable to foresee all the crises that will occur. But mentally, you must be prepared for them as they come. Circumstances should not catch you completely off-guard; you should have a measure of preparation against ever-changing situations.

Second, work hard – and make your people work hard as well. With your home business, everything will start with you. You must work to become the greatest, most capable individual that you can become. Spare no expense in your education, within reason, as long as such education is helping you prepare for the future. Then, be sure that you work as hard as you can, learning all the ins and outs of the trade of which you are in. A good work ethic is important to success, and you should not neglect it. A corollary to this is that you should hire people who are just as hard-working as you are. Be sure to set targets for both yourself and others, and measure what gets done. Give reward liberally to those who achieve.

Third, utilize the power of personal networks. There is an old adage that says “It is not what you know, but whom you know.” While we may rebel against what this truism may imply, the fact remains that worldly success depends on a high degree to the number and quality of people who are kindly disposed towards you. Your personal network, as well as the networks of the people who work for you, should be utilized to their full potential, in terms of advertising and sales efforts. Treat those in your personal network well, provide the necessary services, and they in turn may promote your business to those in their networks.

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About the Author:
Sheila enjoys working part-time from home. She also enjoys sponsoring and mentoring others, and helping them find success with their work from home base business. Click here to contact Sheila and learn how you can start a work at home-base business.
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