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These people are living the new American dream of owning a business and avoiding the high overhead and start up costs of a commercial business location. If the idea of working from a home internet based business opportunities are appealing, but you don't know where to begin, here is a step-by-step guide.
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.
What Are The Two Powerful Words That Can Mean The Difference Between Your Home Based Business Being Successful Or Not... I can recall a time in the past when I worked for a local utility company. I was a worker in a mostly male dominated field. First of all being a female was interesting enough. Every time I worked with a different person I had to try to figure out where they were coming from, so that I could figure out how I was going to work with that person. I would go to work, get my job assignment and my partner for the day. Go to my job assignment and do my very best everyday. As time went on I started to get kind of tired of working. Maybe I was just a little burned out with it. I started to wonder if the company I worked for cared anything about me. Or was I just another number to them? Did they appreciate anything I did for the company? What I very much needed the company or my supervisor to simply tell me was, thank you. Or thank you for a nice job today. Or thank you very much for all of the work you did today. How hard is it to say thank you? Not very. Dont you think a person would give their employer 100% just because they feel appreciated. Say it to yourself, say it out loud, just say it... Thank you! Thank you! Thank You! Make sure you use it in just about every aspect of home based business ownership. It can help you build business relationships that are worth more then you can imagine..
Home Internet Based Business Opportunities
All around the world, people who want more control over their lives are starting home internet based business opportunities. These people are living the new American dream of owning a business and avoiding the high overhead and start up costs of a commercial business location. Small Businesses Practical Help
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