Tuesday, 4 June 2013

8 Mistakes to Avoid When Starting a Business From Home

Image credit: Blue Jeans
 
Launching a business from home can provide tremendous flexibility and the kind of work-life balance that we all crave. But the reality is that home businesses bring their own set of challenges, says Caroline Daniels, lecturer for entrepreneurship and technology at Babson College in Wellesley, Mass. For example, "doing your business on your own from home can get stale. It's hard to keep feeding the imagination all on your own."
Here are eight mistakes to avoid when starting a business from home:
Spending Too Much Time at Home: Loneliness is the number one complaint from people who work at home, says Anne Alexander, a small-business coach in Brevard, N.C. "Many people are not prepared for the isolated working environment." While it may seem easier to do everything virtually, that isn't the best approach. Instead, take time away from your home office for face-to-face meetings that will help build your business. Plan lunch dates, attend networking groups or work from coffee shops to build a social element into your day, Alexander says
Keeping a 24-7 Work Schedule: When Leon Oks co-founded iCanvasART, an online seller of custom canvases, he and several employees spent day and night working from his dining room. It's a recipe for burnout. "You're feeling guilty that you're not working, and there's no disconnect," Oks says. Eventually, he asked employees to leave by 6 p.m. and made sure to schedule free time into his day. But this year, he moved his Niles, Ill.-based company to an office space because the growing business was becoming difficult to manage at home.
Related: Simple Time Management Tips When You're Overwhelmed
Allowing Interruptions: Without a boss breathing down your neck, it's easy to take a phone call or two from family and friends. But when you're constantly in "interrupt mode," it hurts your business focus, Daniels says. To combat disruptions, she recommends setting aside blocks of quiet time throughout the day when you don't allow phone calls or email alerts. You also need to be careful about getting pulled too often into distracting chores like laundry or childcare. Remind family members and babysitters of your work hours and explain you'll be answering only urgent requests.
Depending Too Much on Loved Ones: Without coworkers around, you can easily fall into a habit of talking out your business problems with your spouse or friends. But loved ones may get weary of talking about your business. What's more, they may not provide the best advice because they don't always understand your business, Alexander says. So, try to connect with others in your field to develop an informal network of advisors. "Build a mastermind group of others with home-based businesses," Alexander suggests.
Related: How to Stop Over Thinking and Get Things Done
Failing to Create a Separate Work Area: Even if you don't live in a huge home, set aside a space reserved almost entirely for work. Opt for a little-used room or even an empty corner of your living area to create a physical divide between work and home. If you must work in a common area of the house like the dining room or kitchen, put away personal objects to set a professional tone for the day, Daniels says. "Even if you don't have a separate space, you can create it."
Letting Employees Abuse Your Home: You risk damage to your home if you don't establish rules for how employees should behave there. For example, Oks got stressed out over how his workers would eat lunch in his living room, walk on his light-colored carpet with their shoes on, and tack notes onto the walls. Instead of scolding employees later, it's better to set expectations from the get go, Oks says. "Set up rules you're comfortable with." Oks began asking employees to take off their shoes and clean off their workspace at the end of the day so he could use his dining room table each evening.
Related: To Do More, First Slow Down
Getting too Busy to Stay Organized: As work piles up, it's easy to let organization slide, says Tata Harper, who started an eponymous skincare line at her home in Shoreham, Vt. "It is easy to succumb to disorganization when you are working in the same place that you live since it is a private space that you don't often share with" coworkers or other visitors, she says. Harper files papers away before they pile up and stores only business-related items there. In addition, she finds that decorating and brightly lighting her office motivates her to keep it clean.
Starting the Day Without a Plan: "Without conscious decisions about how to spend your time, your day can slip away without much to show for it," says Elaine Quinn, Chicago-based author of There's No Place Like Working From Home (Calloran Publishing, July 2011). Instead, give time to both short-term actions and long-term goals so you run your business in a more balanced manner. Create a schedule and stick to it. "Rather than making to-do lists, enter tasks directly into your [daily] planner," which allows you to set a specific deadline for completing each task, Quinn says. Also, make sure you leave unscheduled time in the day to deal with important but unexpected issues that crop up.

Monday, 3 June 2013

Helpful Advice On Developing A Plan For Your Home Business

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If you want to achieve success in your home business, you need to first lay out a sound business plan. Your business plan should be your roadmap to success. It should lay out the strategies that you plan to implement in your operations. It should be a document that you refer to periodically to make sure that you are staying on track. A good business plan provides sound direction. If you have never written a business plan before, this article will help you on some of the basic elements that you should include.

Your business plan should include a clear description of your vision. What do you want your business to look like in five, ten or fifteen years? Do you want be an industry leader in your niche? Will your scope cover the global marketplace, or do you intend to just stay local? These are questions that you need to ask yourself. Having a clear vision of your business should be is very important because that helps you stay on course.
Describe your business concept in detail. Are you selling a product or a service? Why do you think consumers need what you are offering? How will you deliver to your customers what they want? Most importantly, how will you earn a profit? The more details you can include about your business concept, the more you are able to refine it.

Describe the audience of your target. What are their demographics, and why do you think this group makes a good target? What do they like and dislike? How will they benefit from what you are offering? The more you know about your market, the better you are able to compete in it. Gather as much information as you can about your target market's behavior, their interests and the challenges that they face. If your business fits their needs, you will have a very strong chance of success.

You should describe what your operational budget looks like. Describe all the areas that will have recurring charges. Typical items to include would be your office rent, utility bills, supplies, and personnel costs. If you plan to advertise regularly, your ad costs will be included as well. If there are any special projects that will incur a one-time initial investment, write those down as well. This gives you an idea of how much money you will need to run your business. If you want to earn a profit, your sales will need to exceed your operational costs.

Do not make your business plan too long. Be concise and clear about each point that you make. Your document should be no more than 25 pages.
Make realistic projections of your profit potential. There is nothing wrong about being ambitious, but be careful about setting profit goals that are unattainable.
A well-developed business plan is the guiding light to your business success. Learn these tips and borrow a book from the library on business plan writing. Once you understand what you should include, writing it will be very easy.

Article Source: http://EzineArticles.com/?expert=Agusta_Santoso

Friday, 31 May 2013

The Stepping Stones To Unveiling Alluring Home Based Business Ideas


Expert Author Jikly Batista
Every great idea takes work otherwise any time someone thought up something, they could profit off of it. But once that light bulb clicks, the hundreds of ideas that were nothing more than just that will have paid off. Here are the stepping stones to getting that light bulb to click for you so you can create alluring home based business ideas that are worthwhile.
The starting point to identifying a laundry list of home based business ideas for you to pursue is writing out your goals. What is it that you want to accomplish? What do you hope to achieve with whatever business you may start up? Understanding your short-term and long-term goals will help you recognize what path to take.
Now that you know where your goals stand, the next step to take is writing out your interests. It should come as no surprise that people succeed far more often in something they care about as opposed to something that is nothing more than a job. Determine where your interests lie and match them with what is in demand today and you will have yourself a true opportunity.
Once you have mapped out your goals and interests, the true grunt work begins by taking the time to research and identify what the market is looking for. Jump into forums, network on Facebook and blog as often as possible to learn what people are looking for and what questions they need answered.
Through efficient research you will be able to determine who your customers will be, what products to promote and who the competition will be regardless of what home based business ideas you decide to pursue.
It is important to write down anything and everything that comes to mind in the early stages in order to clear your noggin and lay it all out on the table. From there, eliminate the poor ideas and narrow in on the home based business ideas that make the most sense for you and your target market. It is also important to keep in mind what kind of a budget you are working with, how feasible it will be to start that particular business and whether or not you think you can have success with it.
The final step to beginning your path toward success is putting your head down and running full steam toward your goals. There are going to be obstacles and challenges along the way, but perseverance will prevail! As long as you believe in yourself, the company and your abilities and are willing to put in the time and energy needed to succeed, you can and will do just that with any home based business ideas that may arise.
Reveal The "Secret Formula" That Took Me From Being Over $40,000 in Debt, to Traveling Around The World and Making a 6-Figure Income From My Computer - See more at: http://www.Jikly.Biz

Discover the Benefits of Working From Home


If you are stuck in a traditional 9 to 5 job, you may be considering a different way to go for a career option. There are many pluses when you work in a traditional job, just as there are negatives.
With your traditional job, you are basically assured of receiving a paycheck every week. You go to work, work your set hours and get paid for it. That suggests a certain amount of stability. You know that paycheck will come so that you can pay your bills. That's the up-side of working a traditional job.
Also with your traditional job, you may be in a field you really enjoy. You could be a medical professional, working in a doctor's office, or perhaps even in social work. Those types of jobs can be rewarding in themselves, especially when you get to help people when you are working. That is another good thing about working a regular job.
But, when you think of it, there are a lot of down-sides too. Your 9 to 5 job may not offer you a lot of room for advancement, which also means that your pay scale may be limited. You may not earn enough in your traditional job to keep on top of your bills, or even earn enough to allow you to take vacations or get those extras you want in your life (nice clothes, cars, jewelry, etc.)
Working a regular job doesn't always give you the stability you want or may need. In today's tough economy, there is a lot of down-sizing. You may become a victim of that. Or the company you work for may go out of business. Also, you may be older and could be replaced by someone younger, with recent educational knowledge. There is no guarantee that the job you have today will be there for you tomorrow.
Another down-side to working for someone else is that you have to leave your family to go out into the working world. If you have young children this can sometimes be a problem. You have to arrange babysitters or day-care for them. Not only does day-care present you with an extra expense, you aren't at home with your children to raise them as you want or experience their milestones (such as taking their first baby steps).
You may also have to commute to work. Some commutes can be long, tiring and very draining, with stop-and-go traffic and long lines of other commuters. Commuting can be very strenuous and take up a lot of time - time that you could be spending with your family or doing your own fun things.
Working for someone else also means that you are not in charge of your own hours. You have to work when someone else tells you to. Most regular jobs have set hours. And you can't always take vacations when you want. You may have to compete with others at work for your vacation hours.
There is also the cost of work apparel when you work outside of your home. Work apparel can be expensive. You can spend a lot of money on having the right clothes to go to work - clothes that are not always the most comfortable. Do you have to dress for the office, in a nice outfit or a jacket and tie?
One of the main things many people object to when working in a traditional job is having to put up with other people at work and terrible bosses. If you work from home you don't have to deal with this problem.
With all of the above, many people like you are making the move to find work that they can do at home. If you consider the benefits of working from home, they are far more appealing than working at a regular job.
Working from home allows you time to be at home with your children when they are young... and you have no day-care costs. You can be there when your kids need you and you can be there for all of their events (like ballet recitals, ball games, etc.) Working from home gives you a lot more time with your family. You don't have a long commute. You can get up in the morning and walk across the hall to your own home office.
If you have a job where you can earn money working at home, your earnings potential is unlimited. It is up to you how much money you make, considering how much time you put into your own business. (But of course, you have no guarantee of a set income either.)
Working from home can save you money. You don't have to spend a lot on clothes or uniforms for work. You can work in your pajamas if you want to. You also don't have to invest in gas for the car to get to work, pay for commuter trains, dish out money for parking lots, or have to spend a lot more on car maintenance repairs.
There is also the 'freedom factor' when you work at home. You can spend your time as you wish. You can work the hours you want to. You can even work in the middle of the night if you wish (depending on the type of business you run from home). You can also take vacation time when it suits you. And you can work from wherever you want - even from a vacation location (if your home business is internet friendly).
There are a lot of benefits to working from home. Before you consider giving up your regular job, however, you should consider all the ramifications involved. Can you make enough in your home business to support you and your family... and have it live up to your dreams? It is all basically up to you. You have to decide what the benefits of working at home are compared to your present traditional job. Working from home can be a great thing, but it is not for everyone. You have to decide how much work you want to put into your own business and you have to live up to your own expectations.

Thursday, 30 May 2013

Planning Your Working Day At Home


When you're working at home, it's easy to find the day just flies past in a blur. Perhaps time is taken with domestic distractions, or you find it hard to settle. Or maybe your working pace just slows down. Everything can take much longer than expected. (Particularly common when working for yourself, not accountable to a Manager.)
If you regularly reach the end of the day with major tasks outstanding, adding more routine and structure to your day will help. These tips will help develop a routine that works for you.
  • Decide on your working hours
One of the challenges of working at home is that your working day can stretch at either end. It's hard to 'switch off' properly when you can easily check e-mail into the evening and weekends.
But over time, it's exhausting (and unfair on your family if they live with you).
'Working Smarter, not harder' is an overused expression. But it's better to work for a focused 7 hours a day than an exhausting 10 hours that delivers less. So decide your core working hours, and plan work within them.
If you're employed, these hours will probably reflect normal working time to fit in with your Colleagues. But if it's your own business, you have more flexibility. Choose to work when you're at your most energised, to fit in with your family or perhaps when it's best for communicating with your customers and suppliers. As long as the work gets done, it's up to you when.
  • Divide Your Day Into Blocks Of Time
Many people are surprised how much they miss the routine of organisation life when working at home, and drift through the day without urgency. (I've heard many horror stories from home based workers of how easily an hour disappears on social media!)
Scheduling in specific tasks to be tackled, and when, helps retain clear focus. I recommend you do this at the end of the day before, to get the day off to a 'flying start'.
If you find it helpful, use a kitchen timer set to 'ping' every time you reach the end of the time allocated. This reminds you to refocus, switch activities and maybe have a break, before moving on to your next task. I find the self-imposed deadline of this schedule keeps me focused and keeps up the pace.
Using the timer keeps me moving as I become surprisingly competitive with myself as I want to 'beat the clock'. It's helped me become much more realistic and accurate when estimating how long a task needs.
  • Plan In Your Breaks
Give your day routine and structure by allocating time for regular stretch, refreshment and lunch breaks. Put these into your daily time plan. This will help keep your levels of focus and interest high.
Use your breaks for handling some of the distractions that surround you at home if you like, such as putting on a load of washing, quick burst of washing up, a walk round the garden for some fresh air or a coffee break with your partner. Just keep the break to the time allocated!
  • Set Groundrules For Availability
When working from home, family and friends can struggle to understand. If interruptions from friends ringing to chat or popping in for coffee becomes a problem, explain working from home isn't a soft option. The key word is 'working' after all. Maybe you can meet for lunch or catch up later in the day?
Even partners and children can be confused, imagining you're now available for the school run, adhoc babysitting and other domestic matters. The freedom to do all these things is the bonus of working from home but setting boundaries about when and how often might be needed.
If clients and colleagues are calling you at home, you may want to set boundaries with them too about availability. A separate phone number (or ring tone) could help so you can filter calls or switch to voicemail when it suits you.
Working from home can take getting used to, and these tips will help you to keep your focus and motivation so you enjoy the rewards.
© Copyright Mosaic Learning Ltd. 2009 - 2013 All rights reserved
About Rosie Gray;
Rosie Gray specialises in helping her Clients master Time & Pressure, to increase Personal Productivity. As a result, they feel less overwhelmed, back in control & achieve much more of what really matters. So if you never seem to reach the end of your 'to do' list, return every phone call & even sacrifice personal time to catch up, download your free copy of her e-book 'Seize Back Your Time!' http://www.seizebackyourtime.com/index.html
Article Source: http://EzineArticles.com/?expert=Rosie_Gray
http://ezinearticles.com/?Planning-Your-Working-Day-At-Home&id=7748344

Tuesday, 9 April 2013

Ways to make money while sitting at your desk

Making money is on most people's minds.  This is especially true with the economy in a pinch.  No matter what trade a person is in, making money can be a difficult, yet necessary task.  Some people go out of the home to jobs, and that's okay.  However, many people desire to sit at home in their pajamas at a home office desk and make money.  This is alright too.  Many people will say the possibility of working from home is just an unattainable pipe dream.  It doesn't have to be unattainable.  There are several ways to sit behind a desk at home and make money.  Some require internet service and a computer.  However, not all of them do. Here are a few ideas:

1.  Ebay-With ebay, one can sell items with intent to make a profit.  To get started with ebay-clean out the closets and garage.  Sell anything you don't want or need on ebay.  Then, take the profit and use it to bid on cheap, ending auctions.  When these are won, resell for further profit.  Repeat this.  This will get an immediate start at money making from a desk.  One can also use dropshipping services such as Doba or SMC and sell their merchandise.  No inventory is needed for these.  One just lists their items, sells them, and these services ship them.  If someone has their own product, it can be sold via ebay as well.  Either way, ebay is a quick start for money making from home.

2.  Affiliate Websites-Many websites will pay for referrals or sign-ups to their sites.  They will pay commissions for their products that are sold online.  The marketing can be done online through several marketing sites.  These advertisement places include traffic exchanges, safelists, and free classifieds.  Commissions earned are paid by check or paypal usually.  A few of these affiliate websites that are reputable are Clickbank, SFI, Global Domains International, and Commission Junction.  These are all very easy to work with.  Some give affiliates advertising websites to use as marketing tools.  In a sense, they help the affiliate to succeed.   Some of these sites offer free start-up. Succeeding means making money.  Isn't that the primary goal?

3.  MLM's-Multi-level marketing can be done from the comfort of one's own home.  Amway, Avon, and GDI(Global Domains International) are all examples of MLM's.  These can all be advertised online through the same means as affiliate websites.  These products can even be advertised on facebook and other social networking sites for profit.  The more sales made, the more profit it made.  Multi-level marketing is very simple to get the hang of as well.  This is a little easier than most of the affiliate websites.  Most of these require a small start-up fee to get up and running with your own business.  The small start-up fees are well worth sitting at home working from a desk in pajamas, huh?

4.  Crafty?-Anyone who is crafty can make a profit from home.  Make hairbows?  Crochet?  Sewing?  These items can be made at home and sold at home.  They can be sold on ebay(at home).  They can also be sold on the etsy website.  Get crafting, and get to making that money!

5.  Writing-Have a talent at writing?  One can write books, poetry, or articles at home.  Get the books published and reap the royalties.  There are several writing websites online that will pay for articles.  These include Helium, Bukisa, and Associated Content.  Some of these offer writing contests for extra money potential.  Royalties are also made off of these articles everytime someone reads one of them.  This can add up if a significant amount of articles are published.  These are all free to start.
Several of these work from home ideas are very simple.  Many can be done at once to make even more money.  Most of these ways to make money from a desk at home are cheap or free to start.  Cheap and free business start up is priceless.

http://www.helium.com/items/2294942-ways-to-make-money-while-sitting-at-a-desk

Ten of the best ... ways to make money from your desk

Is money too tight to mention? Jasmine Birtles suggests some ways to earn extra readies in your lunchtime

A finger hits the pound sign key of a computer keyboard
Use your time online to make money. Photograph: Corbis

1. Get paid to surf the net

You surf the net all the time so why not make money every time you click on "search"? Yahoo powers searches which pay a small amount every time you run one – it is willing to do so because it wants to break down Google's domination. There is a search at Moneymagpiesearch.com. If you recommend your friends you will also make commission on their searches. The payments are small but we know people who have made around £30 in two months by searching regularly. You can choose whether you receive your money through PayPal or by bank transfer.

2. Take part in online surveys


Again, this is pocket money while you're on the internet, but it can be fun too. It is simply a case of answering questions about a particular product or company, or about your shopping habits. Be careful which surveys you use – some are fraudulent. Among the best of the genuine ones is panelbase.net, which will pay between 50p and £3 a survey, Valued Opinions, which pays between £1 and £5 a survey, and Ciao-surveys.co.uk, which pays up to £5.

3. Get paid for social networking

You can make money by keeping in touch with friends, and making more friends, on social networking site Yuwie. Set up a profile, write a blog, upload photos and videos and do what you usually do with any networking site. The difference with Yuwie is that it pays you to do all these things using advertising revenue. The amount you get paid depends on the number of times you and your friends view your pages. If you have lots of friends the views mount up and you can make some worthwhile cash.

4. Recycle your mobile

Have you got a useless old mobile in your desk drawer? Most of us have at least one hanging around the office or house, so make money from yours. Send it to Mopay and make between £2.50 and £200 depending on its make and condition. Even rubbishy old battered models can be worth a few quid if they can be sold on for spare parts.

5. Sell adverts on your blog


If you are a regular blogger and have built up a bit of a following, you could make money selling advertising around your posts. You can make cash quickly by putting Google Adsense on it. If you get enough traffic you make money every time people click on the ads. Blogs are also great for selling any products you have, promoting your services (it could be anything from sales training to web development or maternity care) and selling eBooks you have created yourself.

6. Sell your photos


If you have a nice collection of digital photos you could sell them over and over again through online agencies. Send them in to one or more agencies and any they like they will upload to the site. When people buy them you get a commission; you could end up getting paid for years to come. Picturenation say many of their photographers make hundreds of pounds a month, and some are simply good amateurs. Also try Fotolia and iStockphoto.

7. Rent out your stuff


Everyone knows about selling stuff on eBay, but how about renting it and making money over and over again? Sites like RentNotBuy.co.uk and RentRino will let you advertise anything from a baby bath to a ball gown. It is a new phenomenon, so it could be a while before anyone rents your power tools or your DVD player, but if you have a spare minute upload your details and later on you could make some regular cash.

8. Complain to gain


We don't complain enough in this country, which is one of the reasons why service can be so bad. However, those who complain constructively have worked out they can even make money through it. A well-crafted, reasonable letter including a request for financial compensation can make you money. Write to a company's CEO explaining the problem and set out the amount you feel you should receive in compensation. If it is refused write again, and even write a third time if necessary. Usually by the second or third letter they cave in and give you about half of what you were asking for.

9. Answer text questions


If you're a bit of a trivia king or queen you could make money by answering people's text questions. It is flexible work and you just have to be a bit knowledgeable and quick at searching the net (make extra by following point 1 above). On average, question answerers make about £10 an hour. The questions vary enormously: you could get anything from "Where's the nearest pizza place?" to "Who won the 1962 world cup?" and "Will I ever find love?". Visit ansanow or Textperts to see if you are quick enough to be part of their teams of knowledge hunters.

10. Get cashback


If you use your lunch hour to buy essentials, make sure you get paid to do it. Shop around first to find the best deals, then look on cashback sites to see if you could get money back by buying through them. Start with sites that give you instant cash just by signing up, such as Rpoints, which gives you £5, Cashback Shopper, which gives you £5, and ecashback, which gives you £2.50 immediately.

http://www.guardian.co.uk/money/2009/mar/12/make-money-on-the-internet