10 Necessities for a Home Based Business
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
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.
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spin Ready
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10 {Necessities|Requirements|Needs} for {a Home Based|an Online|a Home|a Home office} {Business|Company}
When you make the {decision|choice} to {earn|make|gain} {income|earnings} from the {internet|web|net} you {will|will certainly} {need to|have to|should} {go through|undergo|experience} {a set up|an established} {process|procedure} to be {ready|prepared|all set} for {business|company}.
{Following|Complying with|Adhering to} are the {basic|fundamental|standard} {steps in|come in} {setting up|establishing} for {home business|home based business} success.
1. {Attitude|Mindset|Perspective}
The {key|secret|trick|main|primary} to your {business|company} success is your {attitude|mindset|perspective}.
{Treat|Address|Manage} your {business|company} like {a business|a company}.
{This is {critical|vital|crucial|important|essential} whether you are {working|functioning} part-time or full-time. {One of|Among} my {colleagues|associates|coworkers} is {a mother|a mom|a mommy} {who|that|which} {works|functions} from {home|house|residence} around her {family|household|family members}. She {has|has actually} {always|constantly|consistently} {put|placed} her {family|household|family members} {first|very first|initial} whilst at the {same|exact same|very same} time {developing|establishing|creating} her {business|company}. She {says|states|claims|shares}, “I {work|function} part-time, {but|however|yet} I have {a full-time|a permanent} {attitude|mindset|perspective}.”.|One of my {colleagues|associates|coworkers} is {a mother|a mom|a mommy} {who|that|which} {works|functions} from {home|house|residence} around her {family|household|family members}. She {has|has actually} {always|constantly|consistently} {put|placed} her {family|household|family members} {first|very first|initial} whilst at the {same|exact same|very same} time {developing|establishing|creating} her {business|company}.}
{Put another way|Rephrased}, “If you have {a hobby|a pastime|a leisure activity|an interest} {attitude|mindset|perspective} you {will|will certainly} have {a hobby|a pastime|a leisure activity|an interest} {income|earnings}, if you have {a business|a company} {attitude|mindset|perspective} you {will|will certainly} have {a business|a company} {income|earnings}.”.
You {can|could} be {successful|effective} {working|functioning} part-time and you {can|could} be {successful|effective} {working|functioning} full-time {but|however|yet} it is {highly|extremely|very|strongly} {unlikely|not likely|extremely unlikely} that you {will|will certainly} {be successful|succeed} working in your “{spare time|extra time|leisure|downtime}”.
2. {Working Environment|Workplace}.
{A space|An area|A room} that you {can|could} call {your own|your very own}, {free from|devoid of} {distractions|interruptions|diversions} for your scheduled time.
{A comfortable|A comfy} chair and {organized|arranged} {desk|workdesk}.
Stationery {supplies|materials|products} as {required|needed|called for}. {{For example|For instance|As an example}:. |:.}
– pens.
– highlighters.
– stapler.
– {hole|opening|gap} {punch|strike|blow}.
– {sticky|tacky|gluey|viscid} tape.
– note {book|publication}(s).
– {a simple|an easy|a basic|a straightforward} {filing|declaring} {system|device}.
– ring binders.
– manilla folders.
{Consider|Think about|Take into consideration} the {value|worth} of a broadband {connection|hookup}. Your time is {valuable|important|useful|beneficial} and a broadband {connection|hookup} {can|could} {allow|enable|permit} you {to get|to obtain|to buy} {more|even more|additional} {done in|performed in} {a given|a provided|an offered} {time frame|timespan|period}.
3. {Schedule|Routine|Timetable}.
{{Develop|Establish|Create} {a schedule|a routine|a timetable} that {works for|helps} you, your {family|household|family members} (or “{significant others|better halves|loved ones}”) and your {business|company}. When you {allot|allocate|set aside} a block of time for {work|job} {then|after that} {use|utilize|make use of} that time for {work|job}. {Equally|Similarly|Just as} {important|essential|crucial|vital} is to {schedule|arrange|set up} time for your {other|various other} {commitments|dedications} – {family|household|family members} time, self {education|education and learning} (reading, {listening|paying attention|listening closely} and {viewing|seeing|checking out|watching}), “{health|wellness|health and wellness} time” ({exercise|workout|physical exercise}, {cooking|food preparation} and {eating|consuming}), and {leisure time|free time|leisure}. {During|Throughout} these {other|various other} times {don’t|do not} {work|function}. {{After all|Nevertheless|It goes without saying} if {one of|among} the {reasons to|needs to} {work|function} from {home|house|residence} is to {spend|invest} {more|even more|additional} time with your {family|household|family members} {then|after that} you {don’t|do not} {want|desire|wish} your {working|functioning} at {home|house|residence} time to {consume|eat} your {family|household|family members} time.|If one of the {reasons|factors} to {work|function} from {home|house|residence} is to {spend|invest} {more|even more|additional} time with your {family|household|family members} {then|after that} you {don’t|do not} {want|desire|wish} your {working|functioning} at {home|house|residence} time to {consume|eat} your {family|household|family members} time.}|{Develop|Establish|Create} {a schedule|a routine|a timetable} that {works|functions} for you, your {family|household|family members} (or “{significant|considerable|substantial} others”) and your {business|company}. {Equally|Similarly|Just as} {important|essential|crucial|vital} is to {schedule|arrange|set up} time for your {other|various other} {commitments|dedications} – {family|household|family members} time, self {education|education and learning} (reading, {listening|paying attention|listening closely} and {viewing|seeing|checking out|watching}), “{health|wellness|health and wellness} time” ({exercise|workout|physical exercise}, {cooking|food preparation} and {eating|consuming}), and {leisure|convenience} time.}
{You are {working for|helping} {yourself|on your own} and your {schedule|routine|timetable} (by your {choice|option|selection}) is your “{boss|manager|employer}”. When you have {people|individuals|folks} calling you or {dropping|going down} around {unexpectedly|suddenly|all of a sudden} or {maybe|perhaps|possibly} out-of-town {visitors|site visitors} {may|might|could} {want to|wish to|intend to|would like to} {catch up with|overtake} you {then|after that} you {need to|have to|should} {make a choice|choose|decide}. Are you {committed|dedicated} to {your own|your very own} {business|company} success? {What|Exactly what|Just what} will be your {choice|option|selection} in these {situations|circumstances|scenarios}? {Only|Just|Simply} you {can|could} {decide|choose|determine} {what|exactly what|just what} {is important|is essential|is very important|is necessary} to you.|You are {working|functioning} for {yourself|on your own} and your {schedule|routine|timetable} (by your {choice|option|selection}) is your “{boss|manager|employer}”. Are you {committed|dedicated} to your {own|very own} {business|company} success?}
In {a family|a household|a family members} {environment|atmosphere|setting} you {may|might|could} {need to|have to|should} {negotiate|work out|bargain|discuss} with your {partner|companion} and {children|kids|youngsters} to have your {business|company} time {agreed upon|decideded upon|set}, {during|throughout} which you {will|will certainly} not be {interrupted|disrupted|disturbed}. {Put|Place} this {schedule|routine|timetable} {prominently|plainly|conspicuously} {somewhere|someplace} so all {family members|relative|member of the family} {are aware of|know|understand|recognize} your {work|job} {schedule|routine|timetable}.
4. Describe Your {Business|Company}.
{Be able to|Have the ability to|Manage to} {describe|explain} your {business|company} {concisely|briefly}; {a powerful|an effective|a highly effective} {one or two|a couple of|1 or 2} sentence description that {someone|somebody|a person|an individual} {can|could} {repeat|duplicate} in {describing|explaining} your {business|company} to others. {An unique|A distinct|A special|An one-of-a-kind} and {memorable|unforgettable|remarkable} {tag line|punch line} {can|could} {also|likewise|additionally} be {invaluable|important|indispensable|vital} for {promoting|advertising|marketing} your {business|company}.
5. Know Your {Product or Service|Services or product|Product and services|Service or product}.
{{Once|When|As soon as} you {have|have actually} {selected|chosen|picked} your {product or service|services or product|product and services|service or product} to {sell|offer|market}, it {may|might|could} or {may|might|could} not be something that you {use|utilize} {yourself|on your own} {but|however|yet} you {need to|have to|should} {know|understand} your {product|item} {intimately|totally|thoroughly}. If you are {selling|offering|marketing} ebooks {then|after that} {know|understand} the {content|material} and its {value|worth}. If you are {selling|offering|marketing} {software|software application|software program} {then|after that} {use|utilize} it {know|understand} it “{inside out|completely}”. You {will|will certainly} {develop|establish|create} {a reputation|a credibility|a track record} of {providing|offering|supplying|giving} {quality|high quality|top quality} {information|info|details} and {because of|due to|as a result of} your {product|item} {knowledge|understanding|expertise|know-how} you {can|could} {become|end up being|come to be} the {preferred|favored|recommended} {supplier|provider|vendor}.|{Once|When|As soon as} you {have|have actually} {selected|chosen|picked} your {product|item} or {service|solution} to {sell|offer|market}, it {may|might|could} or {may|might|could} not be something that you {use|utilize} {yourself|on your own} {but|however|yet} you {need|require} to {know|understand} your {product|item} {intimately|totally|thoroughly}. You {will|will certainly} {develop|establish|create} {a reputation|a credibility|a track record} of {providing|offering|supplying|giving} {quality|high quality|top quality} {information|info|details} and {because|since|due to the fact that|considering that} of your {product|item} {knowledge|understanding|expertise|know-how} you {can|could} {become|end up being|come to be} the {preferred|favored|recommended} {supplier|provider|vendor}.}
It is not {practical|useful|functional|sensible|efficient} to {use|utilize|make use of} {certain|specific|particular} {products|items} ({for example|for instance|as an example} {a woman|a lady|a female} {may|might|could} {choose to|decide to|opt to|prefer to} {sell|offer|market} {man|guy}’s {shoes|footwears} or {vice versa|the other way around}) {in which|where} {case|situation|instance} the {seller|vendor|homeowner} {won’t|will not} be {a product|an item} {user|individual|customer}, {however|nevertheless|nonetheless} the {seller|vendor|homeowner} {can|could} still {know|understand} the {benefits|advantages|perks} and {features|functions|attributes} of the {product|item} {intimately|totally|thoroughly}.
6. {Administration|Management}.
{Use|Usage} {good|great|excellent} {record|document} keeping {practices|methods|techniques}.
{This {may|might|could} {involve|include|entail} {a consultation|an assessment|an examination|an appointment} with a tax {advisor|consultant|expert|specialist} {who|that|which} {can|could} {let|allow|permit} you {know about|learn about|understand about|find out about} the {optimal|ideal|optimum|superior} {way|method|means} to {set up|establish} your {financial|monetary|economic} {records|documents} and {what|exactly what|just what} {records|documents} {need to|have to|should} be kept. Your {advisor|consultant|expert|specialist} {will|will certainly} {also|likewise|additionally} {recommend|suggest|advise} {record|document} keeping {systems|devices} and you {can|could} {find out|discover|learn|figure out} {what|exactly what|just what} {software|software application|software program} {may|might|could} {simplify|streamline} this {aspect|element|facet|component} of your {business|company}. {Additionally|Furthermore|In addition} your {obtain|acquire|get} {advice|guidance|recommendations|suggestions|insight|assistance} on {the best|the very best|the most effective} {arrangement|plan|setup} for your {bank accounts|checking account|savings account}. You {will|will certainly} {most likely|probably|more than likely|likely} be {advised|recommended|encouraged|suggested} to have {a separate|a different} {bank account|checking account|savings account}.|This {may|might|could} {involve|include|entail} {a consultation|an assessment|an examination|an appointment} with a tax {advisor|consultant|expert|specialist} {who|that|which} {can|could} {let|allow|permit} you {know|understand} {about|regarding|concerning} the {optimal|ideal|optimum|superior} {way|method|means} to {set|establish} up your {financial|monetary|economic} {records|documents} and {what|exactly what|just what} {records|documents} {need|require} to be kept. Your {advisor|consultant|expert|specialist} {will|will certainly} {also|likewise|additionally} {recommend|suggest|advise} {record|document} keeping {systems|devices} and you {can|could} {find|discover|locate} out {what|exactly what|just what} {software|software application|software program} {may|might|could} {simplify|streamline} this {aspect|element|facet|component} of your {business|company}.}
You {will|will certainly} {also|likewise|additionally} {need to|have to|should} {keep track of|monitor|track|keep an eye on|take note of} your {various|different|numerous} logins, usernames and passwords. {A very|An extremely|A really|A quite} {handy|useful|helpful|convenient} little {software|software application|software program} {tool|item|device} for this is Treepad {available|offered|readily available} as either the {free|complimentary|cost-free|free of cost|free of charge} Lite {version|variation|model} (without password {protection|security|defense}) or the {commercial|industrial|business} Plus or Biz {versions|variations|models}. http://www.treepad.com.
There are {other|various other} {useful|helpful|beneficial|valuable} {tools|items|devices} for this {also|likewise|additionally} from {a simple|an easy|a basic|a straightforward} paper {notebook|note pad} to {free|complimentary|cost-free|free of cost|free of charge} and {commercial|industrial|business} password {keepers|caretakers}. One {popular|prominent|preferred|well-liked} {solution|option|remedy} is Roboform that {will|will certainly} remember your login {details|information|specifics} and {can|could} {automatically|immediately|instantly} {fill out|complete|fill in} your login and {other|various other} registration {forms|types|kinds}. http://www.roboform.com.
7. {Computer|Computer system|Pc} {Protection|Security|Defense}.
Your {computer|computer system|pc} is the lifeline to your {business|company} {dealings|transactions|negotiations|ventures} and {must|should|need to|have to} be {protected|safeguarded|secured|shielded} {including|consisting of|featuring} the {data|information} that is {stored|kept|saved}.
You {need|require} {a virus|an infection} scanner, {personal|individual} {firewall|firewall software|firewall program}, anti-spyware and anti-adware and {preferably|ideally|if possible} {an email|an e-mail} scanner with the {ability|capability|capacity|potential} to {delete|erase|remove} suspect of spam {email|e-mail} from the {server|web server} {before|prior to|just before} it is {downloaded|downloaded and install} to your {computer|computer system|pc}.
Some {suggestions|recommendations|ideas|pointers|tips} 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|E-mail} Scanner: http://www.mailwasher.net.
8. {A Domain Name|A Domain}.
You {will|will certainly} {most likely|probably|more than likely|likely} {need|requirement|demand|necessity} {a domain name|a domain} for your {business|company} and one {cost effective|affordable|budget-friendly|economical|inexpensive} registrar is GoDaddy, http://www.godaddy.com.
9. {Payment|Repayment|Settlement} {Processing|Handling}.
You {will|will certainly} {need|require} {a way|a method|a means} to {process|refine} {credit cards|charge card|bank card}; that {may|might|could} be {using|utilizing|making use of} {services|solutions} such as:.
– PayPal https://www.paypal.com.
– {Storm|Hurricane} Pay http://www.stormpay.com.
– 2 {Checkout|Check out} http://www.2checkout.com.
– Clickbank http://www.clickbank.com or others.
This is the most {economical|cost-effective|affordable|efficient|money-saving} {way|method|means} {to get|to obtain|to buy} {started|begun}. {Once|When|As soon as} your {business|company} {picks up|gets|grabs} you {may|might|could} {need to|have to|should} {look into|check out|explore|check into|consider} {your own|your very own} {merchant|business} {account for|make up} {credit card|charge card|bank card} {transactions|deals|purchases}.
{Consideration|Factor to consider} {may|might|could} {also|likewise|additionally} be {given to|provided|offered to} {other|various other} {forms|types|kinds} of {online|on-line|on the internet} {currency|money} such as eGold http://www.egold.com.
10. {Email|E-mail} accounts.
{Once|When|As soon as} you have {your own|your very own} {domain|domain name} you {can|could} {use|utilize|make use of} {an associated|a connected|a linked} {email|e-mail} account. This {can|could} {further|additionally} {assist|help|aid} in the {promotion|advertising|promo} of your {business|company} and {promotes|advertises|markets} {a more|a much more} {professional|expert} {business|company} {image|picture|photo}.
As {a final|a last} {comment on|discuss|talk about} {continuing|proceeding} in your {internet|web|net} {business|company}, {conduct|perform} your {business|company} {ethically|fairly}, {provide|offer|supply|give} {extraordinary|remarkable|amazing|phenomenal|unbelievable} {service|solution} and be {proud|happy|pleased|honored|glad} to {put|place} your name to the {products or services|services or products|product and services|service or products} that you are {selling|offering|marketing} and you {will|will certainly} {be on|perform} track to {developing|establishing|creating} {a sustainable|a lasting|a maintainable} {long term|long-term|lasting} {internet|web|net} {business|company}.
She {has|has actually} {always|constantly|consistently} {put|placed} her {family|household|family members} {first|very first|initial} whilst at the {same|exact same|very same} time {developing|establishing|creating} her {business|company}. {Develop|Establish|Create} {a schedule|a routine|a timetable} that {works|functions} for you, your {family|household|family members} (or “{significant|considerable|substantial} others”) and your {business|company}. {Equally|Similarly|Just as} {important|essential|crucial|vital} is to {schedule|arrange|set up} time for your {other|various other} {commitments|dedications} – {family|household|family members} time, self {education|education and learning} (reading, {listening|paying attention|listening closely} and {viewing|seeing|checking out|watching}), “{health|wellness|health and wellness} time” ({exercise|workout|physical exercise}, {cooking|food preparation} and {eating|consuming}), and {leisure|convenience} time. Are you {committed|dedicated} to your {own|very own} {business|company} success? Your {advisor|consultant|expert|specialist} {will|will certainly} {also|likewise|additionally} {recommend|suggest|advise} {record|document} keeping {systems|devices} and you {can|could} {find|discover|locate} out {what|exactly what|just what} {software|software application|software program} {may|might|could} {simplify|streamline} this {aspect|element|facet|component} of your {business|company}.
