~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Home Based Business Start Up Secrets Newsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ June 2003 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Written by Shaunta PLeasant President, TL Manage Inc. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you’re new to affiliate programs or are planning on joining one, I strongly recommend you start with the “Affiliate Masters” email course. It’s about 100 pages of excellent information, based on what successful affiliate marketers do. To get it, simply send a blank email to: tamstlmanage@sitesell.net ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ *********Table of Content********** Writing A Mission Statement   12 Steps To Starting A Successful Home Based Business It’s Your Life ********************************* Writing A Mission Statement A Mission Statement is the description of your business. It is the present and future task that your business plans on accomplishing, in about a paragraph or more, up to one page. You should mention the reason your business is in existence. There are 8 key components that you can include in your Mission Statement. Note: you do not have to put them all in your Mission Statement. You can include only the ones that you feel are important to the mission of your business. The Main Parts Of Your Business Plan Your Business Plan should include; Cover Sheet Table of Contents Executive Summary Mission Statement Marketing Plan Product Or Service Operations Information On Your Business Financial Plan The Main Parts Of Your Mission Statement The Mission Statement is the forth part of your Business Plan. It is the heart of your business.  It helps you keep pumping through until you have obtained your mission. Your Mission Statement should include these components; Customer/Marketing Product or Service Geographic Domain Technology Concern For Survival Company Philosophy Self (Business) Concept Public Image Lets look at an example of each component to see how that component can be incorporated into your Mission statement. Customer/Marketing We believe our first responsibility is to provide the best help to men and woman that are considering starting their own business. Product/ Service Our products and services are intended to help people to grow their businesses. Our products include business self help and motivation. Geographic Domain We are an Internet based business. You may obtain our products by downloading them off of our web site. Technology We use the most up to date technology. It is just a matter of a few clicks with your mouse, and you can find, pay for and download our products in no time flat. Concern For Survival We have targeted a specific market of people. At this point our marketing efforts are starting to do very well. We are also adding other marketing efforts to keep us aware of the changes in our marketing environment. Company Philosophy We work hard, so that you don't have to. Self (Business) Concept We love what we do, therefore we work at making sure you visit us again and again. Public Image We believe and treat people the way we want to be treated. We pride ourselves with the daily emails we receive from our customers and clients about all of the great information and services we offer them. Putting The Mission Statement Together Lets put together all of the components of the Mission Statement that we talked about above. You can actually use just a few of the components or you can use them all. It is up to you. All of them may or may not be needed in your Mission Statement. Sample Mission Statement (With All Components) We believe our first responsibility is to provide the best help to men and woman that are considering starting their own business. Our products and services are intended to help people to grow their businesses. Our products include business self help and motivation. We are an Internet based business. You may obtain our products by downloading them off of our web site. We use the most up to date technology. It is just a matter of a few clicks with your mouse, and you can find, pay for and download our products in no time flat. We have targeted a specific market of people. At this point our marketing efforts are starting to do very well. We are also adding other marketing efforts to keep us aware of the changes in our marketing environment. We work hard, so that you don't have to. We love what we do, therefore we work at making sure you visit us again and again. We believe and treat people the way we want to be treated. We pride ourselves with the daily emails we receive from our customers and clients about all of the great information and services we offer them. Sample Mission Statement (With Some Components) We believe our first responsibility is to provide the best help to men and woman that are considering starting their own business. Our products and services are intended to help people to grow their businesses. Our products include business self help and motivation. We have targeted a specific market of people. At this point our marketing efforts are starting to do very well. We are also adding other marketing efforts to keep us aware of the changes in our marketing environment. We believe and treat people the way we want to be treated. We pride ourselves with the daily emails we receive from our customers and clients about all of the great information and services we offer them. For more information about the 8 fold mission statement program; http://www.yourbusinesspal.com/mission_statement.html ********************************* How Do I Write A Business Plan? This is the question you will need to ask yourself over and over again. And once you come up with the answer that is right for your business, you will be ready to get started... The idea of a plan is to help keep you mentally focused.  In a sense it is sort of like a goal.  You write it down, follow it and make changes and updates as needed.  To download our Business Plan Workshop go to; http://www.yourbusinesspal.com/start_up_business_plan.html ********************************* 12 Steps To Starting A Successful Home Based Business Step #1. Get Organized         The first thing you need to do is make sure you have all of your  finances in order. Set up a planning notebook to keep track of all of your transactions. This notebook will also help you organizes your home internet based business opportunities appointments as well. Step #2. Decide On The Type Of Home Based Business You Want To Start Make a list of twenty things you are interested in. Pick five of them that  you feel you would enjoy the most. Finally, pick the one that you want to do the most. I suggest you picking  home internet based  business opportunities doing something that you enjoy doing.  If you pick one you like, it will not be so tedious. It will be a joy.  You can search home internet based  business opportunities magazines, your local newspaper, ask people you know or the Internet to help you find a business opportunity that you are interested in starting.  Step #3. Choose A Legal Form The four basic legal forms are sole proprietorship, partnership, limited liability company and corporation. The most common is the sole proprietorship.  But, I recommend the corporation. Step #4. Determine Where The money Will Come From There are three ways to finance home internet based business opportunities start-up costs: use your own money, obtain a loan, or find investors.  It is better for a small business to self finance your business.  This is a better choice because you will have less debt, therefore, helping your business bottom line financially. Step #5. Make Sure You Investigate And Research Any Home Based Business Opportunity  There are so many scam artist out there in the world and they will take your money. So, call the company, call the BBB, call the Chamber of Commerce, check the Internet, the library, just make sure you are dealing with a legitimate company.. Step #6. Get Commercial Business Insurance Contact a commercial business insurance agent and get home internet based business opportunities  insurance.  This is insurance for your business.  It works similar to car insurance.  If for some reason someone sued your business.  This insurance policy would fight for your businesses rights. Step #7. Choose A Mailing Address Using a post office or drop box as the business address down plays the fact you are an home internet based business opportunities. It also prevents customers from dropping in at all hours. Step #8. Pick A Business Name, Then Register It If the home based business name you choose is different form your name, file an assumed (or fictitious) name certificate with the state. You are notified if another business already has that name, so you can select a new one.  Contact your Secretary of the State Office, they can help you  with the forms you will need to file. The cost for your fictitious business name is very inexpensive. Step  #9. Write A Business And A Marketing Plan   A good business plan should include a description of what you are selling, who your prospective customers are, how you plan to promote your home internet based  business opportunities and how much money is need for start up costs. A good marketing plan should explain the total market for your product. Who your target market is and how you plan on marketing them in great detail. Step #10 Create A Record Keeping System  Put together a simple and effective bookkeeping system for income and expenses. Use a pocket divider for each month's receipts, bank statement, deposit tickets, and canceled checks. Keep your personal records separate from your home based business records. Contact a qualified record keeper for information about obtaining their services.. Step #11 Get A Business Lawyer  A business lawyer is a must.  They can help you with the start up of your home internet based  business opportunities.  They  can make sure that all of your Law issues are handled properly.  They can help you with just about every aspect of  your businesses activities. Step #12 Obtain Licenses And Permits It's very important not to overlook any necessary licenses or permits. Some cities and counties require a general home based business license. If the product or service you sell is taxable, you need a state sales tax permit. Contract your local government office for more information. http://www.yourbusinesspal.com/home_internet_based_business_opportunity.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ********************************** How Do I Write A Business Plan? We have put a huge emphasis on training. As long as I can remember I was being trained on something or another. From the early beginnings I can recall my mom and dad telling me "No, No, No!" or "Stop That!” I guess they were training me to keep my hands off of their stuff. So as you can tell training has always been a part of all of lives. That's why we have put together this Work Shop. The intentions of this program is to direct you in the right direction to help you start your business in a successful manner. This Work Shop is also a good training opportunity for someone that already has a business, but needs a boost to get it moving into a more profitable direction. To Download Now, Go to the link below: http://www.yourbusinesspal.com/home_internet_based_business_opportunity.html ********************************** For a free copy of the SBA/IRS The Small Business Resource Guide 2003, What You Need To Know About Taxes And Other Topics at: http://www.irs.gov/businesses/small/page/0,,id=q28,00.html ~~~~~~~~~~~It’s Your Life~~~~~~~~~~~ You can choose what to do with it.  It’s really up to you, not to any one else.  Living stretches into a long road.  Don’t let it be hard a one. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ See you next issue. :-) All the best, Shaunta http://www.tlmanage.com http://www.yourbusinesspal.com __________________________________________ The Top rated business to start is a Net Auction Business. This is the perfect business for start ups. You can and will learn everything you need to know to help with a new or an existing business. For more details about this opportunity go to: http://mynas.sitesell.com/tlmanage.html