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Should You Start a Home Business?
1. Money setting up a small home business will involve putting
up some money. Do you have this? If not, try sticking with your
9 to 5 until you earn enough to do so. And even if your home job
does not require any start up capital. You will still need money
to cover food, the rent, and all your living expenses (you wont
be receiving a paycheck anymore remember?). You may want to have
a moderate amount to be able to dive into uncharted waters.
You also have to remember that these businesses wont make money
overnight; you will have to stick with it for a few months
before you can make enough to live on. Take this into
consideration when starting a business.
2. Time having your own business can be attractive because you
are your own boss. Does this mean that you get to work less
since you are no longer tied up to the Bundy clock anymore? By
all means, no. Having your own business means you own your time
you get to call the shots when and where however, it does
not mean that you will work less. You will probably mean you
will work the same amount of time per day as a day job. It might
even mean you will get to spend more time trying to make your
business work.
3. Security businesses can fold up. Yours might too. Can you
deal with this sort of risk? At your day job (which of course is
run by a business that is stable and less likely to fold), you
are assured of your job and will only look forward to cashing in
on paychecks every month. And in the end, you will only have to
look forward to your pension when you retire.
Having your own business means having no dental plan, no medical
insurance, and no pension plan. Are you willing to risk these
all? If those who are willing, great financial rewards could
come. However, not everyone finds that pot of gold at the end of
the rainbow. You will have to assess your chances at succeeding
before diving headlong into the fray. In a way, starting a
business is a gamble. If you do choose to gamble, make sure you
make an educated gamble, and try to minimize risks while
maximizing opportunities.
4. Need do you already have a small business in mind? Or were
you just attracted to the prospect of being your own boss. If
the latter is in your mind, then you should, by all means, go
back to your day job. In the case of the former, you will have
to explore whether there really is a need for the business you
are thinking of. Try doing a study or a survey on your target
market to see if there really is a need. If you do find it so,
then on to the next part!
5. Where to start the Chinese have a nice way of starting
their businesses. They have their friends and families commit to
supporting these businesses by having them become the first and
most committed customers. When you start your business have your
friends and families help out and become the first customers.
And while they are at it, have them bring their other friends
and families. This is a surefire way of expanding the network of
customers you have.
6. Advertise let other people know you exist, and make your
advertisements as attractive as possible so that the people will
come knocking at your door just for your service and products.
7. Please Your Customers - Go the extra mile. Make pleasing your
customers your primary objective. If you do so, you wont have
to beg them to come back. Youll soon see your business swamped
by so many orders and request that youll have to bring in some
help soon.
About the author:
Daegan Smith the owner of
Net MLM Articles and the leader of the fastest growing team
of successful home business enterpernuers on the net. Find out
how we're creating financial freedom all across the globe and
how to get in on the action FREE =>http://www.comlev.com