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How to start a home based business

Written by: Peter Geisheker

Article Overview: From the owner of a successful home-based business, here is my advice for starting a home business or a small business...

How to start a home based business

Here is my advice for starting a home business or a small business:

1. Stay away from Internet "get rich overnight" programs that are marketed all over the Internet. The only people making money off of these programs are the ones selling them. If you want to start a home based business, do your homework and buy quality bookstore books on how to start a home based business and subscribe to the magazines "Home Office Computing" and "Entrepreneur."

2. Understand that starting a business is a financial risk and 80% of all new businesses go out of business within 5-years. So before you decide to start a business, you need to decide if you can financially survive if your business fails because the odds are stacked against you.

3. If you do decide to start a small business, get into something you really enjoy. Magazines like "Entrepreneur" will show you many different types of small businesses you can get started in and that include educational manuals that guide you every step of the way from starting your business to how to market it and handle operations.

4. One of the best types of home businesses is to become a consultant in an area you have expert knowledge. Opening a consulting business out of your home is quite inexpensive as your main expense is marketing. And, the great news about marketing your consulting services is you can start on a very small scale using a direct marketing tool such as sales letters and/or postcards, sending out a few hundred each week or month. Also, there are many outstanding books on how to start a consulting business such as "Guerrilla Marketing for Consultants" by Jay Conrad Levinson and Michael W. McLaughlin.

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Article Tags: bookstore books, consulting business, direct marketing, educational manuals, expert knowledge, financial risk, guerrilla marketing, home businesses, home office computing, how to start a home based business, jay conrad levinson, many different types, marketing tool, new businesses, outstanding books, overnight programs, quality bookstore, sales letters, starting a home business, types of small businesses



Related Forum Posts
How can I start home-based business? - hi all, I have a PC at my home with internet connection. Want to start home-based business. What kind of business should I start so that I get regular commission. What’s advisable to start, anyone have experience please share and explain. Thanks,
How can I start home-based business? - I am not sure what you mean by home-based and how my story can help but my home-based business is my web design business. I can work from home and go out to meet my clients. These times (When I'm out) is the most 'dangerous', because if clients need some files or if something didn't get through email, I'll need to find the nearest internet hot spot (i bring my external hard drive everywhere) to service the client or come up with an excuse. initially it was difficult, working from home and starting up. work was scarce but I knew it was only in the beginning. after 5 months, I have quite a constant flow of work but still the cheques are not that regular but its getting there. I met other people who has started home-based business and they range from travel agents to company secretaries. hope that helps
Insurance for Home Based Business? - Apparently homeowners insurance and liability insurance may not be enough to cover your at home based business. Especially if you are running the business out of a detached garage or other dwelling on your property. Does anyone have another type of business insurance for their home based business or know anything about this?
Re: How To Pick Keywords To Rank For - Good advice Tanny, one can also use the same keywords and turn them around a bit so that the phrase is a bit different such as internet based home business, or home based internet business just as an example. MichelleJ
Re: How can I start home-based business? - [quote="lane_hug":ofg29bj2]I am not sure what you mean by home-based and how my story can help but my home-based business is my web design business. I can work from home and go out to meet my clients. These times (When I'm out) is the most 'dangerous', because if clients need some files or if something didn't get through email, I'll need to find the nearest internet hot spot (i bring my external hard drive everywhere) to service the client or come up with an excuse. initially it was difficult, working from home and starting up. work was scarce but I knew it was only in the beginning. after 5 months, I have quite a constant flow of work but still the cheques are not that regular but its getting there. I met other people who has started home-based business and they range from travel agents to company secretaries. hope that helps[/quote:ofg29bj2] Have you ever thought of hosting the files online incase you need to download it? It's pretty easy to setup. Email me and I'll give you more info if you need it.


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