Home business start up success or failure often relies on the most fundamental operations. These fundamentals are often the details that get overlooked. And while there is no shortage of advice for home business start ups on the internet, one of the challenges for anybody who wants to start a home business is finding a reliable source for that information. To make it easy for you, I have compiled the Top Ten Easy-to-Follow Steps to help you realize success with your home business start up:
1. Plan, Plan, Plan - Take time to make plans for every potential circumstance that may arise. List everything from natural disasters, to unexpected financial problems, to potential family problems. Then make a plan you can follow to get you through any difficult time.
2. Have Enough Capital - Don't start your home business with wild ideas of overnight success. That isn't going to happen. You'll need funds to draw on as your home business grows. Make sure you have the capital to sustaining you in your life and to contribute to your home business as it is growing.
3. Develop Time Management Skills - Being a successful home business owner means managing your time wisely and well. Initially you will be spending extra time making your home business a reality. Make sure, that, that you don't sacrifice personal and family time during that start up period.
4. Organize Your Space - You can't run a home business effectively if you're wasting time looking for an important receipt under stacks of loose paper and post-it notes. Take time to organize your home office and make sure you can function efficiently and effectively.
5. Stay Focused - Distractions come from family responsibilities, chores, TV, and the warmth of your own bed. All can take you away from the tasks you need to focus on for your home business - especially during your start up phase. Eliminate as many of your distractions as you can. You need to maintain your focus for success with your home business start up.
6. Know the Tax and Legal Options - If you get in trouble, it's too late and the IRS is not terribly forgiving when it comes to ignorance for tax codes. Do your research and talk to a professional so you'll be prepared for tax time.
7. Advertising - You can't afford to wait for your customers to come to you. You need to get out and get your home business known. Advertising is an investment so make sure you know what you're doing. (And the are many low and no cost ways to advertise.) Spend wisely but spending money now to effectively advertise your home business can pay big dividends in the future.
8. Have the Equipment You Need - The right equipment is a must if you are going to have home business success. Make a list of all the things you think you'll need, ie, a computer, home office phone, FAX machine, etc. Some of them will be 'must haves' and some will be on your wish list. Start with the 'must haves' and shop around for the best deal. Expand as your business allows and supports the additional expenditures.
9. Insurance And Risk Management - Some disaster will happen - big or small. Don't wait till after the fact when you stand to lose everything. Talk to your insurance agent and find out what you need to protect your business and your personal assets. Make insurance part of your home business start up plan.
10. Keep a Positive Mental Attitude - Success is not an overnight thing. For home business success you will need to have dedication, be prepared to hard work, and expend a lot of effort to make your home business a reality. When you feel discouraged, call on your support team. Avoid the people in your life who bring negativity in about your home business start up. Your attitude may well be the single most important factor in your home business success.
1. Plan, Plan, Plan - Take time to make plans for every potential circumstance that may arise. List everything from natural disasters, to unexpected financial problems, to potential family problems. Then make a plan you can follow to get you through any difficult time.
2. Have Enough Capital - Don't start your home business with wild ideas of overnight success. That isn't going to happen. You'll need funds to draw on as your home business grows. Make sure you have the capital to sustaining you in your life and to contribute to your home business as it is growing.
3. Develop Time Management Skills - Being a successful home business owner means managing your time wisely and well. Initially you will be spending extra time making your home business a reality. Make sure, that, that you don't sacrifice personal and family time during that start up period.
4. Organize Your Space - You can't run a home business effectively if you're wasting time looking for an important receipt under stacks of loose paper and post-it notes. Take time to organize your home office and make sure you can function efficiently and effectively.
5. Stay Focused - Distractions come from family responsibilities, chores, TV, and the warmth of your own bed. All can take you away from the tasks you need to focus on for your home business - especially during your start up phase. Eliminate as many of your distractions as you can. You need to maintain your focus for success with your home business start up.
6. Know the Tax and Legal Options - If you get in trouble, it's too late and the IRS is not terribly forgiving when it comes to ignorance for tax codes. Do your research and talk to a professional so you'll be prepared for tax time.
7. Advertising - You can't afford to wait for your customers to come to you. You need to get out and get your home business known. Advertising is an investment so make sure you know what you're doing. (And the are many low and no cost ways to advertise.) Spend wisely but spending money now to effectively advertise your home business can pay big dividends in the future.
8. Have the Equipment You Need - The right equipment is a must if you are going to have home business success. Make a list of all the things you think you'll need, ie, a computer, home office phone, FAX machine, etc. Some of them will be 'must haves' and some will be on your wish list. Start with the 'must haves' and shop around for the best deal. Expand as your business allows and supports the additional expenditures.
9. Insurance And Risk Management - Some disaster will happen - big or small. Don't wait till after the fact when you stand to lose everything. Talk to your insurance agent and find out what you need to protect your business and your personal assets. Make insurance part of your home business start up plan.
10. Keep a Positive Mental Attitude - Success is not an overnight thing. For home business success you will need to have dedication, be prepared to hard work, and expend a lot of effort to make your home business a reality. When you feel discouraged, call on your support team. Avoid the people in your life who bring negativity in about your home business start up. Your attitude may well be the single most important factor in your home business success.
About the Author:
Laura Hess is a Master Certified Coach and works with people to improve the quality of their lives. She focuses her work on Homepreneurs? - people who are or want to become home business owners. For resources, tips, and advice on creating your own home business start up success, visit her web site: http://HomeBusinessStartUpSite.com.
No comments:
Post a Comment