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So You Want To Open Your Own Home Based Business.
Starting up your own business can be exciting and yet scary ! The online world can make it easier for you, and yet you need to be careful as it can also scam you!  Do you want to open a new business today ? NO NO NO NO NO NO NO !!
You want to to do the following FIRST !!!

1. Write down ALL your reasons for wanting to open a business.  Doing this will help you remember why you wanted to do this when times get rough :)

2, Write down ALL the business you would consider running. This way you can get all the needed information as you take the below steps on everything at once instead of going back and forth on each idea.

3. Find yourself a support partner. Maybe your spouse, a family member or a friend. Just find someone who will believe in you, and allow you the time and support you need to bounce ideas off them, and vent when need be.

4. If your business is online. Go online and check out your competitors, and see how they are doing. Ask yourself can you compete with them? How can you make your service better then theirs?

( OOPS ! I almost forgot to tell you : Write down everything on paper ( that way it's with you when you need it ). It won't take long.  Trust me you can forget half or more of what you have already researched.

5. If your business is not to be online, then check out your competitors in your area. Also check out the want/need for this type of business. example : you live in a small town of say 700 people, and there are 5 day cares, 3 cleaning businesses and 2 tax offices, then you probably shouldn't do those type of businesses in your area. UNLESS you believe you can GREATLY improve on those businesses !

I will tell you my secret here: I use to call my competitors and have them give me information thinking I was a customer. Sneaky.... well probably... :)


6. Go to your search engines and type in needed information. ASKJEEVES.com is a great tool for this. You actually go there and type in your questions. Not just the subject as with most search engines

7. Visit your local court house and get the needed information on permits, licenses etc etc.

8. Visit your local IRS office ( yes you have to do this ) Come on, they really don't bite! Mine have been very helpful to me. Tell them what types of business you are thinking about and that you need to know what to do next if you would open this. Just keep really GOOD records or they may not be so helpful the next time you see them :)

9. Make a list of NEEDED supplies/equipment to get this business STARTED. Figure out the costs.

10. Ok now your almost there. Get a cup of coffee and all your papers. Don't forget your support partner. Go over everything you have collected.

11. Ask yourself these questions :

a. will any of these ideas fit into my family life?
b. do I think any of these ideas will work?
c. can I afford to do this?
d . why/how to reasons A. B. C. ( write this down as your talking )

12. Ok you now have a match right ? Your ready to go !!!

Oh you can't afford it after all..... so your done right ?
NO NO NO NO NO !

Ask yourself these questions next.

1. how bad do you want to do this? REALLY BAD???? Ok now then ask yourself theses questions.

a. can you get a part time job to support the cost of the business at first?

b. can you open a different business for right now to pay for the one you really want? Ok your already working long hours and can't take a another job on.... now ask yourself this.

Can you redo your game plan and start out smaller at first?

YES YOU CAN !!!!! IN ANY BUSINESSES THIS CAN ALWAYS BE DONE TO A CERTAIN DEGREE ! You don't have to have everything other companies have when you first start out. This may make your job rougher but if you really want it..Go for it !!!!


Resource box: Beth LK is a freelance writer on many different topic areas. Home Businesses, Work At Home and Women's Issues are her three priorities. Her web sites are: http://www.aworkathomecommunity.com &
http://www.awomanscommunity.com

 


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