5 Things to consider before starting-up your Home Business

Do you feel that the moment you have been dreaming about for so long has finally arrived? And are you up on cloud number 9 thinking that the timing just couldn’t be more perfect for starting up your own home business? Well best to step down to the ground, at least for a minute, and consider whether you have really thought things through to the fullest extent. It might indeed be the ideal time, and you might really have a brilliant, core-shaking idea, as you probably keep saying to yourself – but the truth is, it’s the details that will make all the difference.

1. Get Advise on your Business Plan
No one said a business can’t be a successful one-man show, particularly with the vast supply of experienced freelancers to now supplement areas of work remotely. But it is not a good idea to get started without having someone hear your idea and business plan out. No matter how smart you are, there’s always the possibility that someone will see something that you missed – be it an advantage of your business or a disadvantage. And if you don’t trust the experts – then at least turn to family or friends and let them tell you what they think. It can’t do any harm.

2. Spend Time building up your knowledge
Sometimes, if you are writing up an essay it’s best to just pick up the pen and start writing, and the idea will come to you eventually. But an essay is not a business. So before you jump into it, read about it! Spend time building up your experience and knowledge of the industry, research similar businesses, ask people who have attempted to work in the same way that you are planning to… The more you know, the more prepared you’ll be for any obstacles that come your way.

3. Upgrade your Broadband
If you’re starting up your own home business and plan to do a lot of work online, be it marketing, communicating with partners/prospective clients, or even merely research for your niche, then you should most definitely upgrade your home broadband to office standards. In the Internet -dominated work era we have now reached, slow broadband means slow business!

4. Work out your daily programme of work
Sure, you may be thinking ‘what better work-life balance could one dream of than working in their own home however and whenever they want to’, but the truth is, one needs to be very disciplined in order to put in quality working hours in their own home. And this applies particularly to working mothers who have hectic, crying, screaming child chores to fit in between their working hours.

5. Set Up a suitable Home Office
It’s not just the prospect of switching on the telly or lying down for a while – sometimes it’s the whole office environment that can keep you going even if you’re so tired that you feel like your eyelids are carrying the weight of a whale. Working in the kitchen or on the couch won’t work. So set up your home working space so that it feels like a real office, even if this just means fixing up a small corner of your home so that it’s quiet and clear of possible daily distractions.

Better to be late than sorry!

Kelly Jane
Kelly Jane
PeoplePerHour
Kelly is PeoplePerHour marketing expert. She has a wealth of experience in digital and social media marketing. As a freelancer, she has been committed in helping small businesses grow by offering them agile and result-driven marketing services.
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Darryl Coleman
Darryl Coleman

I’ve been reading along for a while now. I just wanted to drop you a comment to say keep up the good work.

Call Center Philippines
Call Center Philippines

Your tips and guidelines here are surely helpful. Setting up and running a business is a time consuming task – you need to be dedicated and focused and able to structure your time in order to be successful. The rewards of starting up your own business can be great, but think carefully if you have the attributes and right sort of personality to cope with going it alone.

Regards,
Tina

Michael Mitchell
Michael Mitchell

One problem with a work from home is when there is a business interruption event – network failure, road works outside, power cut, floods, etc. There is usually no Business Continuity Plan and no ‘homebase’ to relocate to when the ‘office’ is down for whatever reason.

Sarah Muda
Sarah Muda

I need to get a mentor (or mentors)

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