| 10 Things Every Home Based Business Owner Needs |
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by:
David A. Bailey, Jr
When
you make the decision to earn income from the internet you will need to
go through a set up process to be ready for business.
Following are the basic steps in setting up for home business success.
1. Attitude
The key to your business success is your attitude.
Treat your business like a business.
This is critical whether you are working part-time or full-time.
One of my colleagues is a mother who works from home around her family.
She has always put her family first whilst at the same time developing
her business. She says, "I work part-time, but I have a full-time
attitude."
Put another way, "If you have a hobby attitude you will have a
hobby income, if you have a business attitude you will have a business
income."
You can be successful working part-time and you can be successful
working full-time but it is highly unlikely that you will be successful
working in your "spare time".
2. Working Environment
A space that you can call your own, free from distractions for your scheduled time.
A comfortable chair and organized desk.
Stationery supplies as required. For example:
- pens
- highlighters
- stapler
- hole punch
- sticky tape
- note book(s)
- a simple filing system
- ring binders
- manilla folders
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Consider the value of a broadband connection. Your time is valuable
and a broadband connection can allow you to get more done in a given
time frame.
3. Schedule
Develop a schedule that works for you, your family (or "significant
others") and your business. When you allot a block of time for work
then use that time for work. Equally important is to schedule time for
your other commitments - family time, self education ( reading,
listening and viewing), "health time" (exercise, cooking and eating),
and leisure time. During these other times don't work. After all if one
of the reasons to work from home is to spend more time with your family
then you don't want your working at home time to consume your family
time.
You are working for yourself and your schedule (by your choice) is
your "boss". When you have people calling you or dropping around
unexpectedly or maybe out-of-town visitors may want to catch up with
you then you need to make a choice. Are you committed to your own
business success? What will be your choice in these situations? Only
you can decide what is important to you.
In a family environment you may need to negotiate with your partner
and children to have your business time agreed upon, during which you
will not be interrupted. Put this schedule prominently somewhere so all
family members are aware of your work schedule.
4. Describe Your Business
Be able to describe your business concisely; a powerful one or two
sentence description that someone can repeat in describing your
business to others. A unique and memorable tag line can also be
invaluable for promoting your business.
5. Know Your Product or Service
Once you have selected your product or service to sell, it may or
may not be something that you use yourself but you need to know your
product intimately. If you are selling ebooks then know the content and
its value. If you are selling software then use it know it "inside
out". You will develop a reputation of providing quality information
and because of your product knowledge you can become the preferred
supplier.
It is not practical to use certain products (for example a woman
may choose to sell man's shoes or vice versa) in which case the seller
won't be a product user, however the seller can still know the benefits
and features of the product intimately.
6. Administration
Use good record keeping practices.
This may involve a consultation with a tax advisor who can let you
know about the optimal way to set up your financial records and what
records need to be kept. Your advisor will also recommend record
keeping systems and you can find out what software may simplify this
aspect of your business. Additionally your obtain advice on the best
arrangement for your bank accounts. You will most likely be advised to
have a separate bank account.
You will also need to keep track of your various
logins, usernames and passwords. A very handy little software tool for
this is Treepad available as either the free Lite version (without
password protection) or the commercial Plus or Biz versions.
http://www.treepad.com
There are other useful tools for this also from a simple paper
notebook to free and commercial password keepers. One popular solution
is Roboform that will remember your login details and can automatically
fill out your login and other registration forms.
http://www.roboform.com
7. Computer Protection
Your computer is the lifeline to your business dealings and must be protected including the data that is stored.
You need a virus scanner, personal firewall, anti-spyware and
anti-adware and preferably an email scanner with the ability to delete
suspect of spam email from the server before it is downloaded to your
computer.
Some suggestions are:
AVG Anti-Virus: http://www.grisoft.com
Spybot S&D: http://www.safer-networking.org
Microsoft Anti-Spyware:
www.microsoft.com/athome/security/spyware/software/default.mspx
Adaware: http://www.lavasoft.com/
Mailwasher Email Scanner: http://www.mailwasher.net
8. A Domain Name
You will most likely need a domain name for your business and one cost effective registrar is GoDaddy, http://www.godaddy.com.
9. Payment Processing
You will need a way to process credit cards; that may be using services such as:
- PayPal https://www.paypal.com
- Storm Pay http://www.stormpay.com
- 2 Checkout http://www.2checkout.com
- Clickbank http://www.clickbank.com or others.
This is the most economical way to get started. Once your business
picks up you may need to look into your own merchant account for credit
card transactions.
Consideration may also be given to other forms of online currency such as eGold http://www.egold.com
10. Email accounts
Once you have your own domain you can use an associated email
account. This can further assist in the promotion of your business and
promotes a more professional business image.
As a final comment on continuing in your internet
business, conduct your business ethically, provide extraordinary
service and be proud to put your name to the products or services that
you are selling and you will be on track to developing a sustainable
long term internet business.
[ Submitted with ArticleSubmitter Pro - http://www.articlesubmitterpro.com]
About the author:
Are you an internet marketer
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