Sabtu, 15 Januari 2011

Getting Your Home Business Enterprise off to a Good Start

When you have taken the first step to strike out on your own with a home based business, it is particularly important that you set a high standard for yourself by setting realistic goals and a solid a plan to work with. It is alright to start your home business on a part-time basis, and is often actually preferable. But while it is o.k. to do it part time in the beginning, you can't do it in your spare time. You have to work a set number of hours each week if you wish to fulfill your goals. I suggest you have a clear set of standards and protocals set up to guide you through every situation. That is what the successful corporations do and you would do well to follow their proven example. Even though your home business will start out small, you should treat it like a big business. That means detailed planning, properly entity selection and so on. This will give your business room to grow. Think of it as a tree that must be watered until mature. But once mature it may bear fruit for many years and require far less effort to maintain.

How Secure Is Your Source Of Income?

After many years of hard work, you find yourself at the top of your field. All your income is riding on one customer, one job, or one avenue of revenue. Does this sound like your situation? If you answer yes, then you must consider creating multiple streams of income.

What if one day, unexpectedly, you are “down sized”, “cut loose”, “let go”. Call it what you like, but you find yourself without a job, without income. I know how it feels, it happened to me.