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Home Business: Starting A Home-Based Business|
Posted Jan 21, 2004 - 06:49 AM
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I never cease to be amazed at the number of people that seem to think that some magic is somehow created when you put the words "home based" in front of the word "business". It's still business... it just happens to be based in the home.|
There are numerous reasons why people choose to start a home-based business. Some of those reasons include:
First off, you need to come to grips with reality... be realistic in your expectations. Far too many folks read advertisements that are hype and imply quick money, and lots of it, from a home-based business start-up. It will certainly take a year, and in some cases it may take up to three years, before you begin to truly make a significant profit from your business.
- 1. Dissatisfied with their present employment situation.
- 2. Out of work due to being laid off or downsizing by their employer.
- 3. A need to be home more with young children, an infirm family member, or aging parents.
- 4. A yearning to be their own boss. Whatever your particular reason for exploring a home-based business, there are a few common steps you need to take in order to launch your business.
I have helped a large number of people start up their own home-based businesses using the Internet. Over time, I have come to recognize two of the most important factors for identifying people that should NOT start a home based business. If a prospective entrepreneur says something like...
"I'm broke and need to make some money, fast!"
"I want to start a home-based business, but I don't want to spend anything on it until after I start earning some money."
...it is certain that they have not addressed reality and, with that mindset, they will most certainly fail.
It takes a lot of time to successfully market and promote a new business. If you are planning a home-based business in order to spend a lot of time with young children or care for the elderly, a full-time business (and income) may not be a realistic objective.
Second, spend some time researching your business idea. Make sure there is truly enough of a market for your product or service.
It's easy to fall into the trap of having a hobby or passion for something that you like to do and just assuming that you can turn it into an economically viable business.
Third, learn as much as you can about small business. There is a wealth of information available on this topic and the US Small Business Administration is probably as good a place to start as any. Just go to http://www.sba.gov/ and navigate to the sections
dealing with home based businesses.
Fourth, write a business plan. It is your roadmap to reaching your objectives. There are numerous articles on the Internet and in libraries that can assist you in developing your business plan as well as addressing the many other issues involved with starting and operating a business from home.
As a starting point, here are a couple of Small Business Administration website locations that should prove useful:
And last, but not least, seek the advice of a tax professional.
Your first reaction may be that you can't afford such expenses right now; but, in reality, you can’t afford not to seek such advice from the very beginning of your home business start-up.
They can advise you about ways you may be able to reduce the amount of taxable business income at the end of the year.
Paying for an hour or two of consultation with a tax professional at the beginning will probably save you much more than that amount later on down the road.
I never cease to be amazed at the number of people that seem to think that some magic is somehow created when you put the words "home based" in front of the word "business". It's still business...it just happens to be based in the home.
Kirk Bannerman operates a successful home based business and resides in California. For more details, visit his website at http://business-at-home.us
Publishers Note : on this website we recommend the SFI Business Opportunity that is free to Join.
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make $800,000 or more in a matter of weeks
by mustiraz on Jan 22, 2004 - 10:06 PM
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Make $800,000 or more...in few weeks. Its 100% legal. $$$ MAKE THOUSANDS OF DOLLARS ........ ALL LEAGAL$$$ $$ EARNING POTENTIAL UPTO
$800,000!!!!!! If you keep using this system then within months you could become a millionaire. $$$ MAKE QUICK MONEY EASY & SAFE, you could make thousands of dollars within
weeks with only an initial investment of $6.00! :You send $1.00 to each of the 6 names and:
address stated in the article. You then place your own: name and address in the bottom of
the list at #6, and: post the article in at least 200 newsgroups "what have u got to lose
except 6: stamps and $6.00, right?" invest: $6.00. &. Within few days, you’ll start:
getting money in the mail! Let me tell you how this works and most importantly, why it
works.... Also, make sure you print or save a copy of this article NOW, so you can get the
information off of it when u need it. I promise you that: if you follow the directions
exactly, then you will start: making more money than you thought possible by doing this so
easily!Follow the: simple directions and watch the money come in! It's easy. : It's 100%
legal (are u a little skeptical and little worried about the legal aspects of it all. check
it out with the: U.S. Post Office laws - refer: to Title 18 Sec.1302 & 1341 of the Postal
lottery laws) STEP 1: Get 6 separate pieces of paper and write the: following on each piece of paper "PLEASE PUT ME on YOUR MAILING LIST." Now get 6 US $1.00 bills inside EACH of the 6 pieces of paper so the bill will not be seen through the
envelope (to prevent thievery). Next, place one paper in each of the 6 envelopes and seal
them. : You should now have 6 sealed envelopes, each with a piece of paper stating the
above phrase, your name and address, and a $1.00 bill. What you are doing is creating a service. THIS IS ABSOLUTELY LEGAL! You are requesting a legitimate service and you are
paying for it!
So Mail the 6 envelopes to the following addresses:
1) Rich Trine P.O. Box 471034 Tulsa, Ok. 74147-1034
2) Richard Overton P.O. Box 18818 So. Lake Tahoe, CA 96151
3) Delvita Sawyer P.O. Box 27073 Harbour Island,Bahamas
4) Venus Vacharakitja 235 Chenango St. #D5, Binghamton, NY 13901
5) Abhishek Anchal E-2 Pines ,1025 Carolina Road, Conway, SC 29526
6) Mustafa Razvi 9310 Find Horn Court, Houston, TX 77095
STEP 2: Now take the #1 name off the list that you see: above, move the other names up (6 becomes 5, 5 becomes 4, etc.) and add YOUR Name as number 6 on the list.
STEP : 3: Change anything you need to, but try to keep this article as close to original as
possible. Now, post your : amended article to at least 200 newsgroups. (I think : there are
close to 24,000 groups) All you need is 200, : but remember, the more you post, the more
money you make! REMEMBER that this program remains successful because of : the honesty and
integrity of the participants and by their carefully adhering to the directions.
---DIRECTIONS ----- FOR HOW TO POST TO NEWSGROUPS------- : Step 1) You do not need to
re-type this entire letter to do your own posting.
Simply put your cursor at the beginning of this letter and drag your cursor to the bottom
of this document, and select 'copy' from the edit menu. This will copy the entire letter
into the computer's memory.
Step 2) Open a blank 'notepad' file and place your cursor at the top of the blank page.
From the 'edit' : menu select ' paste '. This will paste a copy of the letter into notepad
so that you can add your name to the list.
Step 3) Save your new notepad file as a .txt file. : If you want to do your postings in
Read the rest of this comment...
Re: if you are interested in working from home
by shaundra on Jan 25, 2004 - 04:52 PM
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email me at email@example.com
Re: Great Information
by momoo on May 18, 2004 - 02:26 PM
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Terrific information, Kirk. I hope many readers here take it to heart. There is certainly opportunity out there, but it takes hard work and perserverance.
Thanks for the informative article!
Re: HOW TO MAKE $15,000 IN 30 DAYS AS PROVEN BY OPRAH & 20/20
by singlemommy97 on Apr 24, 2006 - 10:07 AM
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Oprah Did A Show On This Topic, It Really Works MAKE FAST MONEY WITH PAYPAL !! Please Read on, this will change your life!!!!!
LET ME TELL YOU THAT THE FOLLOWING SCHEME WILL CHANGE YOUR LIFE IF READ CAREFULLY AND FOLLOWED HONESTLY. PAYPAL VERIFIES THAT THIS $6 INVESTMENT SCHEME IS 100% LEGAL AND IS A BIG HIT THIS YEAR. TURN $6 INTO $15,000 IN ONLY 30 DAYS...HERES HOW.
1) an email address
2) a PayPal account
STEP ..1 - Setting up your FREE PayPal Account It's extremely safe and very easy to set up a FREE PayPal account! Copy and paste this to the address bar: www.paypal.com
STEP ..2 - Sending PayPal money "It is an undeniable law of the universe that we must first give in order to receive." Now all you have to do is send $1.00 by way of PayPal to each of the six email addresses listed below. Make sure the subject of the payment says... *PLEASE PUT ME ON YOUR EMAIL LIST* (this keeps the program 100% legal so please don't forget!)
Remember, all of this is ABSOLUTELY LEGAL. You are creating a service! If you have any doubts, please refer to Title 18 Sec. 1302 & 1241 of the United States Postal laws.
STEP ..3 - Adding Your Email Address After you send your six $1.00 payments, it's your turn to add your email address to the list! Take the ..1) email off the list that you see above, move the other addresses up one (6 becomes 5 & 5 becomes 4, etc) then put YOUR email address (the one used in your PayPal account) as ..6) on the list. **MAKE SURE THE EMAIL YOU SUPPLY IS EXACTLY AS IT APPEARS IN YOUR PAYPAL ACCOUNT.**
STEP ..4 - You are now ready to post your copy of this message, to at least 200 newsgroups, message boards, etc. All you need is 200.
HOW TO POST TO NEWSGROUPS & MESSAGE BOARDS
Step..1) You do not need to re-type this entire letter to do your own posting. Simply put your CURSOR at the beginning of this letter and drag your CURSOR to the bottom of this document, and select 'copy' from the edit menu. This will copy the entire letter into your computer's temporary memory.
Step ..2) Open a blank 'Notepad' file and place your cursor at the top of the blank page. From the 'Edit' menu select 'Paste'. This will paste a copy of the letter into notepad so that you can add your email to the list.
Step ..3) Save your new Notepad file as a .txt file. If you want to do your postings in different sittings, you'll always have this file to go back to.
Step ..4) Use Netscape or Internet Explorer and try searching for various newsgroups, on-line forums, message boards, bulletin boards, chat sites, discussions, discussion groups, online communities, etc. EXAMPLE: go to any search engine like yahoo.com, google.com, altavista.com, excite.com - then search with subjects like ?millionaire message board? or ?money making message board? or ?opportunity message board? or ?money making discussions? or ?business bulletin board? or ?money making forum? etc. You will find thousands & thousands of message boards. Click them one by one then you will find the option to post a new message.
Step ..5) Visit these message boards and post this article as a new message by highlighting the text of this letter and selecting 'Paste' from the 'Edit' menu. Fill in the Subject, this will be the header that everyone sees as they scroll thru the list of postings in a particular group, click the post message button. You're done with your first one! Congratulations! THAT'S IT!!
Tips to Benefit from Desired Business Outcome
by hudsonmichael95 on May 20, 2014 - 11:01 PM
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In order to enjoy online success, you are supposed to take into account a number of things into account. You need to focus on the desirable updates, as well.
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