Tag: home

Locating your business at home #business #administration #jobs

#at home businesses

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Locating your business at home

It may be possible for you to start off working from home, especially if you are providing a service. With modern telecommunications and computer technology, locating a business at home is increasingly popular.

You can deliver services and products to customers world-wide.

Types of home-based businesses

In South Australia 60,000 businesses operate at, or from, home. The types of home-based businesses include:

  • consulting
  • book-keeping
  • writing and editing
  • design
  • IT
  • health-related services
  • small-scale manufacturing.

Many tradespeople operate their businesses from home. They travel to their job sites daily and keep their equipment at home and in their vehicles.

Financial issues

Owning a home-based business is, for the most part, just like owning any other business.

Regardless of location, every business must have a market for its products and services and generate sufficient sales to cover operating expenses and make a profit.

The level of profit must be sufficient to:

  • reward the business owner’s time
  • repay any loans
  • accumulate capital for expansion
  • reward the capital invested
  • pay any taxes applicable to net income.

Operating a business at home may mean lower overheads and therefore the selling price of your goods and services can be lower.

It is also possible to claim tax deductions for a portion of:

  • mortgage interest costs
  • council rates
  • water rates
  • strata rates
  • telephone expenses
  • energy costs
  • building insurance premiums.

Consult your accountant or tax agent.

Review the viability of your business idea by preparing a business plan.

This ensures you consider all possible costs of your business operation and calculate your overheads accurately.

Legislation for home-based businesses

Planning regulations may impact on your ability to run a business from home.

If customers or clients gather at your house, or the noise level is excessive, you may breach planning regulations. Your local council could order you to cease trading. They can fine you for every day you contuinue to trade against an order.

There are some specific restrictions on businesses operating at a residential property. You must not:

  • employ more than one person over and above the owners of the property and business
  • occupy more than 30 square metres
  • use machinery drawing more than 0.4 kilowatts
  • impose greater load on utilities than would be the
    case for a residence
  • create any noise or nuisance
  • generate more than normal vehicle traffic in a residential street
  • display a sign without consent of the local council
  • display goods for sale outside the house
  • involve the use and parking of a vehicle greater than three tonnes tare weight.

There may be additional zoning controls imposed. Check with your local council.

You must consider specific insurances for your business. Household insurance does not cover business activities, such as customers coming to your home.





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Work From Home as a Franchise Owner #business #awards

#work from home ideas

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Home-Based Franchise

You want to launch your own business, but you’re not sure where to start. You don’t have a business plan, and you’re not sure about the logistics of marketing, sales, human resources, customer service, accounting, legal compliance AND you d like an opportunity that has a low-risk potential. A home-based franchise may be the perfect home business solution for you!

A franchise is basically a business-in-a-box or business model that can be easily replicated. That s the beautiful thing about a franchise; all the hard work has been done for you; you basically pay for the franchise, and you’re given a detailed manual, training, and tools on how to replicate the business exactly. Many franchises have well known established brand names too, so you spend less money on marketing your business.

You ve heard of famous franchises like Starbucks and McDonald s, but there are also some great franchises out there that will allow you to work from home. With over 1,500 different franchise companies in the USA, you re bound you find one that fits your interests and skills.

Now that you re sold on the idea of a home-based franchise there are some important factors to consider before you make the leap.

Franchise Costs and Fees.

The downside of owning a franchise is the initial cash requirement is generally a substantial amount, and many franchises require you to pay monthly maintenance costs. Besides the initial cost and ongoing fees, you ll want to look into the profitability of the franchise. Talking to individual franchise owners can be a good place to start, but know that location can sometimes be a big factor in how successful your franchise is. Before you start looking for funding options ask for a comprehensive earnings list of current franchise owners so that you can evaluate the real earning potential of the franchise.

Again, the great thing about a franchise is it s an easily replicated business with a proven business model so you ll want to find out all of the nitty gritty details.

Here are some questions you ll want to ask:

  • Is training in-person, online, or via printed materials?
  • Do they offer on-going support?
  • Does the company provide location/territory exclusivity?
  • What are the royalty fees? Are there on-going marketing fees?
  • How are you allowed to market your franchise?
  • Whats systems do they use for marketing, bookkeeping, payroll, content management, and legal advice.

Determine if You Have the Right Personality to Be a Franchise Owner.

One of the downsides to owning and running a franchise is that you don t have complete freedom over how you execute the business. You ll need to adhere to rules and policies set forth by the franchising agent. If you re found breaking the rules you could end up in mediation, arbitration, or your franchise contract could be terminated. This is why it s so important to make sure that you fully understand all the terms and policies before signing a contract. If you re the type of person who wants more creative freedom, starting your own business from scratch may be a better option.

What Home-Based Franchise Opportunities Are Available?

Here s a list of some of the home-based franchises with low to moderate startup fees. Please note, this list does not cover ongoing fees associated with each franchise you ll need to check with the individual companies for complete, up-to-date information, prices, and related fees.





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Home – Small Business Association of Australia #online #business #loans

#small business association

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WELCOME TO THE SMALL BUSINESS
ASSOCIATON OF AUSTRALIA

Launching your own business is never easy.

It is like starting a new chapter in your life. And to start a new chapter, sometimes, you have to take a leap of faith and get out of your comfort zone. For some of us, doing these things is not exactly easy. But what if there is someone to lend you a helping hand and offer you solid support as you navigate your way towards becoming a successful and prolific business owner?

Created with Snap

Kevin Nice Telecommunication Specialist

Ian Howard

Craig Tschirpig Accountant and Financial Adviser

James Stoke Commercial Lawyer

Leigh Bernhardt Industrial Relations Specialist

Ken Khatib online marketing and web development

Kira Duff Media, Communication and Events Assistant

Belinda Wilson Business Manager

David Power SBAA Strategist

Lionel Barden SBAA Policy Chair

Anne Nalder CEO and Founder

Dear Anne, It has been a great pleasure to be introduced to you five years ago. Your first impression to me is your advocacy attitude and knowledge about the protocol of small business in Australia. Your organizational ability is well demonstrated in each of the events and meetings coordinated by your organization under your strong stewardship. You have been very supportive to our Australia-China Chamber of CEO Inc by squeezing your invaluable time to attend our strategic partners’ meetings and events. Australia-China Chamber of CEO Inc is very much appreciative of your role in ACCCEO as the Advisor of the Small Business. Looking forward to more collaborations and support with yourself and your organization to Australia China Chamber of CEO Inc as well as my personal business Holiday International Golden Travel. Yours sincerely, Sally Chung Executive Vice-Chairman Australia-China Chamber of CEO Inc

Sally Chung Executive Vice Chairman of Australia – China Chamber of CEO Inc

“Small Business Association Australia is an active and progressive organisation seeking positive change for the betterment of small businesses everywhere. Founder Anne Nalder is making a real difference because she understands what owners must endure to become established and successful businesses. She is a genuine advocate of their cause in recognition of the essential contribution they make to our economy which is often overlooked – we need more ‘doers’ like Anne!”

Colin Coverdale Small Business Strategist, Opportune NFP Limited

It is essential that small business has a voice at a national level so specific concerns are raised. A concentrated focus on solid outcomes will make a difference, thanks to SBAA.

Paula Brand Small Businss Networking Events and Expo Owner

Today we are rebiulding our business and the future looks very bright all thanks to the support of the “Small Business Association of Australia”

Nic Dirubbo Marlborough Park

How Can We Help?

The Small Business Association of Australia (SBAA), understands how challenging it is to start your own business. This is one of the things that continues to motivate us to provide support and assistance to owners of small and medium enterprises or SMEs to help them succeed in their chosen endeavour.

The Small Business Association of Australia is one of the fastest growing and widely recognised organisations in the country specialising in supporting and advocating for the SME. We firmly believe that SMEs are making significant contributions to the growth of the national economy and are a vital component of Australia’s future. We continually see that owners of small and medium-sized businesses are not receiving the support and recognition they deserve, so we have taken up the challenge to help them in every way we can.

Setting up a small business in Australia is challenging at best, but with the assistance of SBAA, SMEs can grow and secure their future.

Better educate business owners.

We believe that education and knowledge are key ingredients of a successful business, so apart from organising networking events, we also host educational events and learning programs for our members. We provide various learning resources and tools to help members enrich their knowledge of running a successful enterprise.

Connect and Establish Strong Working Relationships with Like-Minded People.

SBAA regularly organise networking events that will enable members to connect and foster relationships with other business owners on a local, national, and international level.

Be Heard

SBAA serves as the “voice” of SMEs by expressing their concerns to the government. We also seek the assistance of key stakeholders on their behalf to encourage policymakers to create economic policies that will benefit and help SMEs. The launch of the SBAA Think Tank focuses on the fields of research, education, policy, and practice for small business in Australia.





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Home – Federal Business Opportunities: Home #how #do #business #loans #work

#business opportunities

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Accessibility Information

Search more than 38,000* federal opportunities.

SAM.gov REGISTRATION IS FREE: There is NO FEE to register, or maintain your registration, in the System for Award Management (SAM.gov). If you receive an email from a company claiming to represent SAM.gov, be cautious. If you get an e-mail from a company offering to help you register in SAM.gov asking you to contact them and pay them money, be cautious. These messages are not from the Federal Government. It is FREE TO REGISTER in SAM.gov for any entity.

ATTENTION: Agency users are responsible for properly uploading controlled, unclassified materials to FBO using the access control procedures for document packages and attachments detailed in the FBO Buyers Guide. Do not upload ANY classified materials to FBO.

Important Password Update – Users and Interfacing Systems must reset their passwords as required every 90 days or the account will be disabled IAW GSA IT Security Policy, (CIO P 2100.1). Registered users will receive an email notification to remind them of this requirement. If your account has been disabled, contact the Federal Service Desk at 866-606-8220 (Monday – Friday 8 a.m. to 8 p.m. ET).

NOTE: If your account was re-enabled after contacting the FSD, you must reset your password before midnight on the day of the call to prevent it from being disabled once again.

Buyers / Engineers

Government users may post, manage, and award opportunities.





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Home Based Small Business Ideas for Women In India #business #telephone #systems

#home business ideas

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Business Ideas for Women in India

The veiled entrepreneurial abilities of women in India have witnessed steady alterations with the increasing sensitivity to her role and economic standing in the society. Almost all countries have seen an upsurge in Women owned businesses over the last few decades. The three chief reasons for a woman to undertake business ventures are expertise, understanding of her domain and flexibility.
A women Entrepreneur is an individual who undertake exigent role to fulfill her personal requirements and in the process become financially self-sufficient. A women entrepreneur always aspires to do something fruitful and positive in the field of business besides bestowing values to family and social life.

With the arrival of media and diverse prospects, the modern women are fast growing from job aspirants to job creators. They are making their marks as interior decorators, journalists, garment manufacturers, fashion designers, etc and are equally contributing in the nation’s economy. But unlike their western counterparts, who are acknowledged and are more well-known in the business world, women in India are lagging behind due to some major limitations like – lack of confidence, market-oriented risks, social-cultural hindrances, etc. Hence, it is advisable to keep these negative aspects aside and make a promising start of your business.

Small Business Ideas for women entrepreneurs

Some of the small business ideas for women in India that can be managed from home are listed as under:

Boutique

Opening a Boutique is the first thing that comes in any woman’s mind. Even though there isn’t any lack of boutiques in any city, the customer base of such stores keep increasing every day; as customers want better quality and variety in the types of clothes and accessories they wear.

Beauty Parlor

This small business only needs a little investment on training, quality products and basic equipment. One can easily turn a spare room into a cozy beauty salon. This beauty business suits women of every age.

Fitness Center (Gym)

This business requires a bit extra investment to set up, but, the resulting profit is great. The gym equipments are expensive but are a one-time investment. Since almost everyone is health conscious these days, the business will be profitable. It will be to your added benefit if you are a yoga expert or a trained aerobics trainer.

Consultancy

If you are well aware of the market around you and have a good network of contacts with professionals from different industries, you could set up a consultancy firm and share the information with others. Setting up doesn’t need much investment. A small room can be turned into your business office.

Internet Business

The Internet has changed our lifestyle. There are many ways to start earning online. One can put their skills to use and start freelancing on the web writing blogs, articles and feeds for websites. Also e-stores generate a lot of revenue if they are marketed well. You can open a cyber cafe too. All you need are some computers and an internet connection.

Restaurant

Most women are talented and passionate about cooking. Therefore this business idea will work for them. Women can start their own restaurant or café. They can also start a catering or take-away service too.

Daycare/creche

Women love children, hence they can start up a small daycare center or creche at their homes. Spending the day with kids could be fun and profitable at the same time. Plus balancing work and home life would be easy.

Gift Shop

No prior experience is required in setting up a gift shop business. Everyone knows what to expect in a gift shop, so order things from a trusted dealer accordingly or search the Internet for latest gift items and build up your stock in your store to sell.

Interior Decoration Store

Women have a good sense of designing and keep their homes beautiful, hence they can open an interior designing business. Keep things you would ideally decorate your house with, and capitalize on local art and crafts in your shops and find good clients for the promotion of your business.

Pet Shop

Owning a pet is becoming popular these days and pet lovers are more than willing to spend on accessories and knick-knacks for their pets. So this business is also profitable. Start a shop to cater to the needs of pet owners with items like pet foods, accessories, clothes, cages, kennels, etc.

Other Miscellaneous Business Ideas

Apart from these women can join up with the banking sector as earn money by becoming an insurance agent. They can also be agents to sell cosmetic and branded plastic cooking utensils like Tupperware. Women can also open up home tuition in the field she is expert in. She could teach subjects or open a music, dance or an art class.

Guidelines to be followed before You Start a Business

Develop confidence

Women in India lack self-assurance in their potency and proficiency. However, over the last few years the outlook of Indian women is changing and they are fast emerging as potential entrepreneurs.

Manage home and business effectively

A woman’s personal life sometimes acts as a great hindrance in their business career. Hence it is advisable to manage your family and career proficiently, bestowing equal and sufficient amount of time to each of them.

Self-motivation is the keyword

For establishing successful businesses learn to take risk and change your attitude towards business society by taking up social responsibilities. Understand the government business policies and get monetary help from public and private institutions.

Know your market and market-oriented risks

Learn more about your market and competition prevailing in the market. Promote your product through advertising and other popular media channels. Acquaint yourself of the fast changing market conditions by making optimum utilization of media and internet.

Understanding of Business Administration

Women should be highly educated and trained in their area of knowledge so that they can attain expertise and understanding of all the major operational aspects of business administration. This will assist a woman to take balanced decisions beneficial for expanding her business network.

Knowledge about monetary assistance

It is important to know various institutions in the financial industry which give their assistance in the form of loans, low rate interest scheme, incentives, etc. This will not only help you to kick start your business venture but would also ensure constant supply of capital.

Attend training programs

Workshops and training programs are of great help for every type of industrialist. Attend the training programs through social associations which are informative for prospective entrepreneurs who are aspiring to commence a small or medium scale enterprise.

Last Updated on May 26, 2015

How to Start a Company in India





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Buy a Home Based Online Business Opportunity business for sale on #business #venture #ideas

#online business opportunity

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Home Based Online Business Opportunity For Sale

View all 3 photos

No expensive Franchise Costs and ongoing Franchise Fees
No Industry experience required
No 5 year lease agreements, no expensive equipment to purchase
No stock holdings or staff necessary
Make 80% Up Front Profit per Sale
Genuine GLOBAL opportunity with NO restrictions and
You call the shots!

We are an established Global Market Leader in a $65 Billion dollar industry. With our recently fully accredited Leadership Development program spanning in over 50 countries and boasting 50,000 plus satisfied customers, we are still enjoying exponential growth and ongoing success.

This is a Home Based, Online business opportunity positioned in the Personal Development and positive media Industry.
Successful partners in this business come from all walks of life – from Sales and Marketing, to Law, Accounting, Health Professionals, Teachers, Trades people, General Management, Hospitality, Customer Service, previous Business Owners, and stay at home mums and dads, not wishing to return to previous work environment. It is for entrepreneurial minded people who wish to really take charge of their lives and career, by creating a financially rewarding lifestyle you always knew you deserved!

Home Based and online opportunity.
A proven simple system to follow
A lucrative revenue plan which consists of Upfront, Leveraged and ongoing Residual Income streams. Profits of up to 80% per sale paid upfront (ranging from $1828 – $19,000USD).
Flexible hours, you choose, full time or part time.
Low set up costs – to kick start this business all you need is a phone, computer and internet not to mention a real desire and belief to finally earn what you are really worth.
International travel opportunities.

WHAT WE ARE NOT

NOT MLM, we are in the Direct Sales Industry
NO Cold Calling
NO Hassling Friends and Family
NO Pressure Selling
NOT a Get Rich Quick Scheme
This business is not for everyone, it requires commitment and dedication.

12 month home study, accredited, personal development course
5 Day Live Wealth Creation Seminar
8 Day Live Personal and Leadership Development Seminar
Annual product updates.

TO BE SUCCESSFUL YOU MUST HAVE

A burning desire to achieve more and really get paid for your work.
Be self-motivated to succeed.
Be a self-starter.
Be a leader.
Willingness to learn, grow and help others.
Possess the highest levels of Honesty Integrity, and
Be fluent in English.

If you feel you tick all the boxes, simply contact us using the form below to register your interest today.





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Home Based Business Opportunity – Work From Home #business #acquisition #loans

#home business opportunity

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The WorldVentures Work-at-Home-Opportunity

When you hear the phrase “work from home business ,” what image pops into your mind? Do you see yourself twiddling your thumbs, waiting for a call to come through as you try to sell magazine subscriptions? Or maybe you think of trying to store loads of inventory in any spare space you can find, hoping to unload it before dust covers it—again. If you’re seeking a work-from-home business opportunity, ask yourself this question: What if you could bypass the inventory, sell a product that you’re truly passionate about and manage your business from anywhere in the world? Sound like nirvana?

Well, WorldVentures has given the home-based business opportunity a new twist, taking Representatives outside the four walls of their home and making the world their office. For more than seven years, we’ve shown thousands of people the world over how direct sales is ideal for selling vacation club memberships. Today, we have Representatives in 23 countries worldwide who relish the product. They not only sell, but showcase the experience of travel at some of the most breathtaking destinations in the world, and are now living life on their own terms.

“I wanted the time and financial freedom to teach my kids history, not from a history book, but to take them places in the world where history happened,” WorldVentures Representative Matt Morris says.

If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

And we’ve leveled the playing field―the opportunity is open to anyone, regardless of age, background or education. Make no mistake, there’s real potential here. All you need is the desire to build your business and the commitment to put in the time and hard work necessary to establish a solid foundation. If you’re looking for an opportunity to spend more time with your friends and family, and to experience more from life―this is it!

Start Your Home-Based vacation Club Business

Opening your own home-based vacation club business can be lucrative, and it can also give you the chance to travel the world—if you start your business with WorldVentures!

A home-based business allows you the flexibility to make a schedule that works with your life. Not to mention, WorldVentures’ direct-selling model makes it easy to set up your business, and with our mobile apps, your business can go with you. No matter where you travel, you’ll always have access to the most up-to-date news, account information, social media tools, training and, of course, the latest DreamTrips that have been added to our lists!

Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base.

Selling vacation club memberships with WorldVentures is not only convenient, but also offers a wide array of products and packages for your customer base. No matter who your customers are—retirees wanting to explore a new country, families needing an affordable getaway, newlyweds planning their honeymoon, or even college students looking for Spring Break options—we offer various levels of DreamTrips Memberships. each tailored to member usage and budgets! Our selection is what provides your business value, resulting in satisfied customers.

So, get ready for all of the convenience and fulfillment that a home-based business can bring and get ready to find more fun, freedom and fulfillment with WorldVentures!

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The Best Work at Home Business – Arise Work From Home #magnetic #business #cards

#best home business

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When you think of starting a work-at-home business, what comes to mind? Tupperware parties? Trunk shows? Cosmetics sales? Does that stop your daydreaming in its tracks?

We’re happy to report that there are options on the horizon that don’t require selling products or hosting parties. The best work-at-home business currently trending is the type where 1) you are in control of how much you earn and 2) is fulfilling.

The time-consuming tasks associated with traditional forms of work-from-home opportunities (e.g. the afore-mentioned makeup sales, trunks shows, Tupperware sales, etc.), are eliminated when you start a small business in the customer service space. The days of hunting for new leads, event organization, and setup, are out the window as calls come to you directly in the comfort of your own home.

Inbound customer service can be the best work-at-home business

The rapidly growing work-at-home business opportunity, customer contact support (providing customer service support to companies from the comfort of your home), can be an ideal small business opportunity. Home-based customer service businesses allow you to apply multiple skill sets, and don’t involve the pressure of sales. Options for entrepreneurs starting work-at-home businesses in the customer service space can range from customer service to tech support—there is a niche for almost any specialty!

Virtual customer service isn’t just about being on the phone

A work-at-home business providing customer service keeps things interesting. Whether it be via phone, chat, or email, there is no limit to the unique questions and concerns that your business will encounter. Many small businesses find a niche responding to email inquiries, or providing chat customer service and when you own your own business there’s no “9 to 5”; customer inquiries are routed strictly on your time, based on the hours that you choose.

Phone support for a roadside assistance or security systems client, for instance, can be done at any time of the day; morning, afternoon, or night. Business hours are constructed on the timetable that you personally set as a business owner to take these incoming calls.

Although there are many trades that can be done from home, the best work-at-home business is one that suits your expertise, enables you to earn money, and above all else, keeps you interested. Working from the comfort of your own home is a trend that has boomed in popularity in recent years, but entrepreneurship is a long-term goal, and traditional avenues of work-at-home businesses, such as makeup sales, or clothing and jewelry trunk shows, are often short-term solutions. Home-based customer service businesses are a welcome alternative for those seeking a better option.

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Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the

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Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the Home Party

If you are a direct sales or home party plan consultant, you know that the power of your business lies in the party. However, there are times when your calendar might be a little bare due to the season or cancellations or you might not be able to do as many in home parties or demo s. There are many ways that you can build your direct sales or home party plan business outside of the home party. These ideas can be used for incremental sales every single month or to rev up your business when home parties are low.

Here are Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the Home Party:

1. Host a Mystery Host Party at your house one night or afternoon! Everyone who attends and orders is entered to be the host of the party and get all the host credits and bonuses OR you could even draw for a winner of a FREE Business Kit use part of your commission from the sales to pay for the kit keep part of the host credits for yourself to gain a new recruit!

2. Set up a Stop n Shop party at your office or a local restaurant after work one day (or offer to do this for your customers, friends, hosts)! Set up your kit, set up some games and prize drawings and let your friends stop in and see the newest products, catalog and sales fliers and shop! If you have or can sell cash carry, bring some products and offer them as bonus buys with a minimum purchase amount.

3. Mini Parties! Get 12 friends or customers to collect $150 in orders for you. Put all the orders in one party order split the host credits between those who collected and submitted orders. Depending on how your host program works, each person would be able to receive $20-$50 in free items! (You’ll make a great commission from this too!)

4. Set up an online party and share the link on Facebook, your website, networking groups, your customer email list Offer daily order specials, share product tips and gift ideas on the event. You could do a mystery host party through the online party too. (Be sure to personally invite people, don t just add them to the event and if you do this in a FB group, definitely do not add people without their permission!)

5. Hold a fundraiser for your church, school, favorite charity or family in need. If your company does not offer a Fundraising program, consider donation a portion of your commission to a worth cause.

6. Hold a special themed / seasonal sale sale! (back to school, valentines, labor day, etc…) Offer for customers to get 15% off any 1 item of their choice when they place at least a $15 order with you by a certain date OR everyone who places an order by a certain date gets entered to win a $25 surprise pack OR gets free shipping or a free gift… Get creative be excited (but don’t give away too much of your commission either you don t want to devalue your products or lose income).

7. Don t forget about vendor events look for festivals, bazaars, fundraisers, events you can set a booth up to work to get leads, meet new people and market your business. Read more about how to have Successful Vendor Events here.

The bottom line though is to Just do it ! We can do and achieve anything we put our minds to. If we want to make something happen, we will. Be excited, share the excitement and believe that you can earn all the great prizes promotions that your company offers plus a great income. Get to work! You can do this!

Want more tips, tools training to help you with building a successful direct sales business?
Sign up for my FREE 8 Day Online Success Course Below:

Ready to take your Direct Sales Business to the next level? Want to develop the Mindset of a CEO of Me®, master authentic Marketing online offline, Vendor Events, Parties, Recruiting, Team Leadership more without the struggle of learning the hard way? Would you like to get 1 on 1 coaching from me and small group mastermind support from other like-minded and driven direct sales leaders? Enroll in my Direct Sales Party Plan Success Course!





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Starting a business from home #business #card #templates

#business from home

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Starting a business from home

Home-based businesses are a popular option for many types of smaller business. Generally the costs will be lower and you can avoid travel expenses. You also have the freedom and flexibility to work the hours you choose in an environment that you create yourself.

Advances in technology mean that many kinds of business can be run from a home base.

This guide will help you decide whether starting a business from home is right for you. It also suggests options you may want to consider when starting a home-based business.

You can get support for starting a business by using the MyBusiness app. Get the MyBusiness app from the App Store.

Becoming a home business owner is a common choice for people who only need a small office. They may spend most of their time working on their clients’ premises.

However, working from home may not be an option if it significantly changes the use of your home, or affects your local area, for example if you have lots of visitors. If you rent your home, your lease may include restrictions on using it for business purposes.

Advantages and disadvantages of home-based business

The major advantages are that you:

  • don’t have to spend a lot of money on office rental or office purchase
  • save time and money by cutting your commute
  • can be flexible around the hours you work

The disadvantages are:

  • it may prove difficult to keep work and home-life separate, and there may be domestic distractions and interruptions
  • a lack of contact with other people and businesses
  • you might end up working long hours
  • your mortgage, home insurance and tax situation may be affected

Addressing the disadvantages

It’s important to keep your home and work life separate, especially if you have a family.

If you’re feeling isolated from other people, Business Gateway and other organisations can provide you with details of networking events. You can also network with other businesses using social media .

If you do not yet have a home business idea, ask yourself three questions:

Is there a gap in the market? Have you tried to buy something that you just can’t find? Others may be looking for that product too.

What is my passion/skill/hobby? Can you find a way of making a living from it?

Can I do something better? Have you seen someone offer a product or service that you think you can offer better yourself?

Popular home business ideas

Consider opportunities in your local area for services such as child care, tutoring, translation, editorial services, dog walking and alteration services.

Other common home-based businesses include:

  • consultants
  • website designers
  • arts and craft makers
  • publishers
  • caterers
  • virtual assistants who provide professional assistance to clients from a home office

You could also consider investing in a franchise. The benefits of being a franchisee are that you are your own boss but also have the benefit of working with a central team. There are a growing number of home-based franchise opportunities that you can explore.

Working ‘five to nine’

You may want to consider starting a business while in full or part-time employment, using the evenings and weekends to build your business. This means that you will have money coming in while your business finds its feet. However, you might find it difficult to manage the extra hours and the extra work.

Your business plan

Once you have worked out a business idea, you need to create a written business plan .

You may need to buy, lease or rent equipment for your home office and any materials you need for the service you are supplying.

Finding and keeping in touch with customers can be a major issue, so investing in a good computer with relevant software and a broadband connection may well be a priority for you.

The most common costs to consider when starting out are:

  • a computer
  • broadband access
  • mobile phone
  • office desk or chair
  • business cards
  • stock – if you’re supplying products

When you’re factoring software packages into your start up costs, consider much cheaper or even free options – open-source software such as OpenOffice, Zoho, Google Docs and StarOffice.

Your work environment

It’s important to create dedicated work space – it allows you to work without distraction and close the door on work at the end of the day.

Workspace priorities

You might consider marking the area you use for work. A spare room with a lockable door or an outbuilding are popular choices enabling home business owners to:

  • deal with clients in a professional manner
  • resist demands from other members of the household
  • keep work equipment separate from home equipment

Allocating part of your house as a workplace can have tax and insurance implications.

You can create a space to call your own by:

  • using office equipment in a general area of the house and putting it away when not in use
  • housing your workstation in a cupboard, wardrobe or under-stair space with lockable shutters or doors

Work equipment and workstation setup

When setting up your work area you may want to consider:

  • a fully adjustable chair and desk suited for computer use
  • that your desk should be big enough for your computer, keyboard and monitor
  • storage to keep office clutter free
  • keeping your feet flat on the floor and your back straight when sitting at your desk – the top of your monitor should be at eye level

Home business and planning permission

If you’re making substantial changes to your home to accommodate your business it may be prudent to get in touch with your local authority regarding planning permission.

  • complete your tax returns easier and quicker
  • pay the right tax at the right time
  • avoid paying unnecessary interest and penalties

If you’re using part of your home for business, it is important to keep your utility bills to keep track of the amount spent on your business.

If you re running a business from home, it s important to get the right IT systems.

Building a website

Websites are a must-have marketing tool for most businesses, and are particularly important when selling products online .

For more information on building a website, read our guide on web design .

Networking

Social media like Twitter and LinkedIn provide great opportunities to keep in touch with other business owners. This will alert you to business development opportunities and help develop your network with the wider business community.

Email and internet forums can help you network. You can blog on your own website or syndicate articles to other sites your customers are likely to visit.

Working away from home

IT doesn t just allow you to build a professional office at home – it enables you to work on the move. WiFi, smart phones and Skype means that you can work wherever you choose.

Cloud computing provides businesses with a way of managing data and software requirements over the internet – in the cloud . This makes your business information accessible from any computer or mobile device with an internet connection and web browser. Cloud computing can provide a cost effective and flexible solution to your IT requirements.

There are many different opportunities that allow you to grow your home-based business.

Outsourcing

You can grow your business without increasing headcount or expanding your premises, by outsourcing, for example:

  • accounts
  • administration
  • telemarketing – for generating leads
  • PR
  • design and copywriting

Developing relationships

The more you communicate with customers, suppliers and other entrepreneurs, the more business opportunities you will identify.

Social media can help you stay in touch with your customers and other businesses.

Meeting spaces

As your business grows, your home may no longer suitable for your business needs. Business centres can provide rented managed workspace and meeting facilities for occasional. These can be found in central locations in many towns across the UK.

For more information on growing your business, read our guide on options for growth .

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