Certain Tips For Work At Home
BE A GOAL SETTER!
No success can be gained if you
don't have any set direction to enter into.
There are two
basic steps you can take to convert goals into
achievement:
- You can decide on a specific dollar amount; and
- You can set a time frame for obtaining the dollar amount
you want. Your goal should indicate, What, When, and Where.
After making a list of every possible way you might
accomplish a goal, select the method that best suits your
situation. Starting a business at home is an economical way
to start a small business that can easily grow into to a
larger one.
SELECT THE RIGHT PRODUCT OR SERVICE
Take a close look
at your interests and abilities, and then decide what type of
marketing you want to enter into. For example, do you want to
sell directly to people; or would you prefer selling wholesale
to retail outlets? If you prefer doing piecework or assembling
items for manufacturers, make certain it's something you enjoy
working with. If you enjoy one-on-one sales, then test the
product out on your friends, relatives, and neighbors. The
object is to find out what has the most appeal.
DEVELOP A GOOD MARKETING TECHNIQUE
A good marketing
technique means the ability to properly market a product or
service, which is actually more important than the product
itself. Even an inferior product can be a financial success if
marketed properly. Seek out the advice of everyone in your
field.
Experience is the best teacher. With good advice
and a salable product, you should be able to develop a winning
marketing plan.
FINANCE YOUR HOME-BASED VENTURE
The first place to
look for financing is right at home. Take an inventory of
items you don't need and have a garage sale. Next, turn to
members of your family or close friends or individuals in your
community who have faith in you and want to see you succeed.
Offer to repay them through
profit-sharing. If you have
a good credit history your banker should consider you a good
financial risk.
Two other excellent sources would be
your local Small Business Administration (SBA) and Chamber of
Commerce. SBA has low interest loans available for qualified
applicants and your Chamber of Commerce can assist you with
referrals and other helpful information.
