So, you’ve decided to start a home-based business. Congratulations! Welcome to the fast-paced world of entrepreneurship. While there is a lot to learn, your effort will be well worth it. The thrill of growing your business, the freedom and flexibility to set your own hours, and the possibilities of ever-increasing financial rewards are all wonderful reasons to start your home-based business.
Dealing With Working at Home
Deciding to work at home is the first step of forming your own independent business. Now that you’ve decided to start your business, you might be wondering how you can kickstart yourself right away. Here are six helpful tips to situate yourself:
1. Set up a separate working space.
Since you’re working in your own home rather than in a workspace, you may feel a little too comfy to seriously work for your business. It’s important to understand that even though you’re having your own flexibility, you still need to define your own space for working. It’s best to designate a separate room or space in your home as your workspace. This can be a desk in the corner of your bedroom, your guest room, or even your basement — it doesn’t matter. The important thing is to have some space that you can designate as your working area. This will give you space and room away from others living in your home and will help you be able to work in your own home.
2. Have the essential materials and supplies.
In your workspace, you’ll need to make sure you have all the supplies you need to make your business a success. This may sound self-explanatory, but really, this is crucial to kick-starting your business. These supplies are not limited to just materials, but also tools and resources you and your business will need. You don’t want to be missing anything that you’ll potentially need for attracting clients or advertising your business. For example, if your business will be focusing on providing products online, make sure that you have all the shipping materials you will need before a customer orders from you, not after. Essential supplies can also include business cards, promotional items, shipping materials, and other supplies.
3. Set up firm working hours. What days and hours will you work? When will you market? When will you provide services or products to clients? How will you keep all of this straight? If you’re working alone, allow yourself some comfort room when setting up your working hours. You want to make sure your potential clients and customers know how to reach your business if they have any inquiries. Besides that, these working hours are just for your guidance so you can maintain on the right track.
4. Network like crazy. One of the fastest ways to grow any business is to make connections with other people. Networking can help your business expand locally and also allow yourself to reach out to other business owners in similar situations as you. Be sure to share your passion and enthusiasm with others at every opportunity; let people know who you are and what you offer. As a startup business, you will need to network both online and locally to advertise your business.
5. Present a professional image. If you want to be treated professionally, present a professional image. This image can be a professional image of yourself that will be used as your business picture — this image can be on your business card for your business as well. Your professional image should be consistent and should also represent more than just yourself. As a business owner, you now have to represent your business so you will have to work on promoting your business’s name. You can also separate your personal information and accounts from your business accounts to avoid confusion between your personal and business matters. This includes setting up a separate bank account for your business, installing a separate phone number, email, and fax lines, and creating professional marketing materials.
6. Automate your business as much as possible. Granted, right now you’re a one-man-show so you may not have a lot of extra time to take care of all the gritty details of your business. However, you’ll only continue to get busier and busier in the future as you take on more roles. You’ll have to figure out how to automate your business so you can take care of the different aspects of working. One of the most common pitfalls to successful entrepreneurship is getting too caught up in action without enough planning. The best approach is to plan your next couple of goals and then work backward to create step-by-step action plans to reach them. Once you have the plan, then it’s time to take the action. It’s best to set up automatic systems and processes right from the start to free up your time to concentrate on the most profitable activities.