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10 Money-Saving Tips for Home Businesses
by Lesley Spencer, MSc; Founder & President HBWM.com Inc. One of the most common obstacles many home-based working moms face is trying to start or run a new business on a limited budget. The first few years of a business are usually the hardest...
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Tips For Starting Your Home Based Business
There are many reasons why people choose to start a home-based business. Some of these are: 1. Dissatisfied with your present employment situation. 2. Out of work due for whatever reason. 3. You need to be home to care for young children. 4. You...
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10 Steps to Success in Your Home Based Business


Need help getting your Home Based Business on track? Are you feeling that you got lost along the way, and canít find your way back? Iíve been there. Here are 10 Steps to Success in starting or restarting your Home Based Business.

1.What is your WHY for doing this business? Write it down, speak it out loud to yourself, and remind yourself of it EVERYDAY.

2.What are your goals and dreams, personal and financial, and how soon do you want to achieve them? Write them down, first personal, then financial. Put them up on your refrigerator, or somewhere you will see them everyday. Adjust them as needed along the way to success.

3.Create a 90 day chart for your 90 DAY PLAN of action, with your forms of advertisement, whether talking to people, putting out flyers, ads, etc. How many people do you plan to talk to a day, how many flyers, ads, etc. per day; write it down for each day on your 90 DAY PLAN. Also, write down your financial goal for these 90 days.

4.In a daily planner, plan your day in 15 minute increments for each day, including your advertising in the days as plotted on your 90 DAY PLAN. Do not deviate from your plan unless in an emergency situation. You are YOUR OWN BOSS, so treat yourself as your own employee. DO THE JOB AS YOU WOULD FOR SOMEONE ELSE, only better.

5.Each day on your 90 DAY PLAN chart, jot down your progress (how many people you actually talked to, 10/day suggested, ads & flyers put out, etc), and how many people responded, how many were contacted, how many& how much sales per each form of advertisement.

6.At the end of your 90 DAY PLAN, divide how many sales were made by the number of each form of advertising done. Now, did you meet your quota set for your advertising and financial goals? If not, begin a new 90 DAY PLAN of action, increasing each form of advertising .
EXAMPLE: Goal $1000.00 profit, for 100 flyers put out, $50.00received; need to increase number of flyers to 2000 to reach the goal of $1000.00.($1000 ł $50.00 = 20X100=2000)

7.By using the 90 DAY PLAN and the formula given above, and making adjustments as indicated for the 2nd 90 DAY PLAN, YOU CAN PROJECT WHEN YOUíLL REACH YOUR GOALS, providing you do not deviate from your 90 DAY PLAN, and your daily planner.

8.Now that you have that down, ALWAYS, follow-up with your customers. INITIAL FOLLOW-UP should be within 24 hours to prevent loss of leads.

9.DUPLICATE,DUPLICATE,DUPLICATE. Are you involved in a COMMISSIONS OR RESIDUAL INCOME business. If you are, DUPLICATE YOURSELF by showing others how to build their business & obtain their dreams. This is very important for stable growth & maintenance of your business.

10.If youíre not involved in a commissions or residual income business, WHY NOT? There are many, many such opportunities available with FREE sign-up. The Internet is full of them, and they can offer a steady, multi-stream income.

http://www.pushbuttonpublishing.com/affiliates .php?rid=11815


About the Author

Mother of 3 sons, and owner of a Home Based Business.

More Reading:

Basics of Starting a Home Based Business

Persist In The Right Way To Succeed In Your Online Home Business

Offline Promotions For Your Home Business

Home Business Operation Basics

Certification for Women Home Based Business Owners

The Work At Home Dilemma Should It Be A Job Or A Business

Christian Home Business and Home Businesses

Tax advantages of a homebased business

How to Create Multiple Revenue Streams for your Home Business

Free Home Based Internet Business

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Additional Reading

Copyright 2005 Judy Thompson Are you looking for a home-based business? This could be a wise decision since there are countless advantages to having your own home-based business. Or it could be an unwise decision for you if you get caught up in one...
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Blogs And Your Work From Home Internet Business
As a work from home internet business entrepreneur you have several really good tools on the internet you can take advantage of in order to build your work from home business. A blog is just one of those tools that you can use and should be...
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It's Your Home Business - Will it Sink or Swim?
Businesses fail for many different reasons. Hereís what you should be thinking about so that your business is not one that sinks, but one that swims and stays afloat! If youíre looking at a new business, make up a business plan, include your goals...
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