How to Start a Home-based Service Business for under $200?
Ideas
A right business idea is crucial to the success of your new
venture. The most important thing in choosing a business is to
follow your heart. The business you are in should be the things
you're passinate about. Second, you have enough knowledge
experience and talent to compete. Finally, it's to start small
and to choose a business that can generate small and steady
income without heavy initial investment while having the
potential to grow to eventually support your family. Freelance
writing, Web design, online marketing, freelance programming,
bookkeeping are just a few ideas to consider.
Registration
In United States, registration of a business is required in many
states unless you do business in your own name. The registration
may cost about $50, and it's free if you register with your
state online. Next step is to obtain a Tax Identification Number
from IRS if you operate as a business not an individual. Again
it's free.
Promotion
For a new business, promotion is where you need to spend money.
Distributing business cards is
one of the most popular and inexpensive ways to market or
advertise your service. Though you can do business card printing
yourself using many different business card templates, it's wise
to spend a little money to order professional designed business
cards. For as little as $20, you can order 500 business cards.
Color business cards will cost a little bit more.
A professional Web site is next thing you must have to promote
your service so that the prospects can obtain information about
your business 365 days a year and 24 hours a day. Affordable Web
hosting costs as little as under $50 a year. For another $80,
you can have one or two simple Web pages. We still have $50 to
spend for the promotion. If it's a local business, spend it on
flyers. If the prospects are likely looking for the service on
the Internet, spend $50 on Pay-Per_Click (PPC). $50 on PPC will
actually bring you a few customers and generate some revenues.
Starting a home-based service business isn't all that harder.
It's lot of trial and error. It takes a lot of harder work to
truly succeed.
Copyright @2005, 4th Media Corporation
You have permission to publish this article electronically free
of charge, as long as the bylines and links in the body of the
article and the bylines are included.
About the author:
Natalie Aranda is a freelance writer. She has great experience
with using business cards to promote her website that offers Christmas gift ideas and anniversary gift
ideas. A color business card works even better.