With all of the latest and greatest concepts, seminars, webcasts, and "How-To" books vying for your attention, you would think that growing your business was as complicated as building the space shuttle.
If you are ready to venture out on your own and be your own boss, there are 10 essential steps you need to follow to be set up for success. I will list these steps then go into detail about each step. These steps apply to all small, home-based businesses.
- Determine what area you would like to do business in
- Write a business plan
- Come up with a business name
- Get a business phone number, Address and Checking Account
- Register Your business
- Get Insurance and Bonding
- Get office/business supplies
- Build a Website
- Start Advertising
- Meet with your first customer
There are some ways to take your homebased business to new heights without sacrificing your business's profitability or losing your peace of mind.
Follow these 10 steps to grow your homebased business into the personal and professional success it was meant to be:
.1. Focus on a single product or service, and then market it, sell it, promote it-do everything you can to increase sales of that one product or service.
2. Expand your product line to offer complementary products or services
3. Find ways to increase sales to your existing customers
4. Hire someone to help you out-an employee, a freelancer, an intern, an independent contractor, even your kids.
5. Create a Web site to advertise your company or sell products online
6. Join forces with another business to promote your company.
7. Target other markets
8. Find new and different ways to market your business through e-mail newsletters or by doing guest-speaking gigs or by teaching a class.
9. Expand to another location.
10. Think about turning your business into a franchise or business opportunity.
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