We’ve stumbled upon this great article relating to a Home Based Business Opportunities down the page on the net and thought it made good sense to talk about it with you over here.
Home Business Tips That Everyone Should Know
Home businesses are a perfect example of the entrepreneurial spirit. Home businesses let ordinary citizens create their own company. They can be their own bosses, set their own hours, and create their own pay scales. If having a home business sounds interesting to you, then pay close attention to the tips in this article.
You will want to rent a post-office box for receiving any mail related to your home business. It is not safe to publish your address online, and you need to be careful. Having a PO box is a security measure and will prevent someone you don’t know from coming to your home unannounced.
When trying to figure out what home business to start, you are best served by finding an untapped niche. A niche is a market that needs a certain product or products. Try and look for niches that are not saturated with competition. The less people selling your product the better, as long as it is a product that people will want to buy. No matter what type of home business you start, you must have a marketing plan ready to put into action. Most every business today requires a relationship with the internet, and there are many marketing packages available on the internet as well as through local and national media. A successful business is never without a successful marketing strategy.
If you want to make money with a home business, you must be the type of person that is able to learn new things easily. No matter how much you know about the area your home business specializes in, you will still constantly need to learn new things in order to grow your business. If you are not the type of person that is willing to learn, your business is sure to fail.
Do you have the drive and determination to make a home business work? If you are like many people and want to be your own boss and work from home, then find something you like to do. It may sound easy, but it isn’t. While passion for something is a good thing, the passion to work with it and the willingness to see it done are even better.
Be professional in advance. Get everything you need to show that you are a professional business person in advance, This includes business cards, a business phone and business email address. Make sure that all the pertinent information is printed on your business card, and when you hand one out, try to take the name of the person that you have handed it to.
If you are an artist and trying to make your art a home-based business, there are several ways you can build your reputation. You should join a local arts organization, and have some solo shows. Have some postcards of your artwork printed up and distribute these, giving your contact information. Local libraries are a good place to put them. If you are ready to form your business, think about what legal steps you are required to take. You will need to decide if you want to form your business as a sole proprietorship, partnership or corporation. Your business will need a license or permit, in order to operate. Depending on the type of business, you might need to get special insurance. Making sure that you address all the legal issues, will protect you and your clients from any legal misunderstanding.
Budget your advertising carefully. While advertising is very important, it is easy to let advertising costs overrun your home business expenditure. Avoid over-spending by setting a clear, established budget for each part of the advertising materials you would like to purchase. This will allow you to plan in advance and purchase materials as you are able to finance them.
To maintain a professional image for your business, be really careful what information about you can be seen on social networks. Remember that these days social networks are a popular way for potential customers to check up on you! If you are going to let clients see your Facebook or Twitter accounts, then make sure that everything that you post – from your profile picture to daily updates – reflects positively on your professional persona.
The benefits of a home business definitely outweigh any negatives except of course the risk. A reliable paycheck is often what keeps so many people from reaching for their dream of a home business, but hopefully this article has given you the inspiration and information you need to build and run a home business that can sustain your needs and satisfy your dreams!
Business must invest in cyber for remote work: Theta Global advisors
Since lockdown was imposed in March last year, all shops in IT park have stayed closed
THIRUVANANTHAPURAM: With IT companies in Technopark here entertaining work-from-home culture since the pandemic hit, the past 10 months have been a nightmare for people running non-IT businesses inside the park. Since the lockdown was imposed in March last year, all the shops, including restaurants, in Technopark have stayed closed. The work-from-home policy adopted by the government and IT firms has hit around 50 vendors who depend on the techies for revenue.
While the government intervened and provided the vendors a three-month rent waiver from April to June last year, the Technopark authorities later asked them to either pay the pending rent or quit.“Around 50 shops, including restaurants, in Technopark depended on techies. Now, our future looks bleak,” said Tigy Tankachan, secretary, Technopark Vendors Association (TVA). “Even IT companies are promoting work from home as they are making profits and the productivity of employees is good. None is concerned about our plight,” he said.
The Group of Technology Companies (GTech), the industry body of IT and Business Process Management organisations in Kerala, has said employees can come to office after getting vaccinated. While the decision would benefit the vendors, they are unsure about an immediate turnaround in their situation.Most of the vendors are engineers and other professionals providing support services like restaurants, automatic car wash, laundromats and tailoring shops.
“We cater to several techies and our services are exclusively offered to employees in Technopark. We are fully dependent on them. We invested substantially in our ventures and are employing over 1,000 people in all the units, besides indirectly employing more than 3000 people. Though we reopened some restaurants in January, we could not make decent revenue,” Tigy said. Vineeth Sankar, a laundry shop owner in Technopark, said all the shops closed in March last year, immediately after the state government announced the lockdown.
“We immediately sent our employees home and paid them salaries for a few months. Now, we have no resources to pay them. Since our shops are inside Technopark, there is a standing instruction from authorities that we cannot cater to people outside. We are fully dependent on employees here,” said Vineeth.
The TVA filed a memorandum in January before Chief Minister Pinarayi Vijayan, ministers Kadakampally Surendran and T M Thomas Isaac, the IT secretary and the Technopark CEO seeking exemption from rent till March. However, it is yet to get a response. IT secretary Mohammed Y Safirulla told TNIE that the requests of non-IT establishments are under the government’s consideration.
“We already gave them a six-month waiver from April 2020. They have submitted a petition now and it is under the government’s consideration,” he said. Vendors said they got only a three-month waiver.
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