20-Point,Checklist,for,New,Hom DIY A 20-Point Checklist for New Home Businesses


When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in


You're eager to start your home business and bring in some extra income. Although you're probably bursting with ideas and enthusiasm and want to jump right in, take some time to plan and prepare for your new venture. Here's a simple checklist you can use in the startup phaseof your home based business. Feel free to add additional checkpoints of your own! 1) Assess your personality. Are you the entrepreneurial type that will do well with your own business? Are you self-motivated, disciplined, and willing and able to put forth the effort, time, and money? Are you the type that can get up after a failure and try again? There are many quizzes available to help you decide whether or not you're ready for a home business. Try http://quiz.ivillage.com/work ests/areyouready.htm 2) Appraise your skills, knowledge, and experience. Make a list of businesses you think you would be capable of building. 3) Know your interests. If you're doing something you love, you are more likely to work harder and enjoy yourself. A good place to find unique business ideas is here: http://homebasedwork.com/cgi-bin/a .cgi?bizideas4) Figure out what type of business you want to run. Out of the huge number of possibilities, select one that works well with your skills and your interests. An excellent manual with 16 different Internet 'business models' that you can copy is available at http://buildyourhomebiz.com/rd/senze.html 5) Do some market research. Is there a demand for the product you plan to sell, and at the price at which you want to sell it? After your (projected) expenses, will you be profitable?6) Check out your competitors. How will you distinguish yourself from them? Why should customers come to you instead of to them? What are they doing right or wrong, and how can you improve upon them?7) Select a business name. Make sure you don't infringe upon someone's trademark! You can research trademarks at http://www.marksonline.com/ . Consult with a qualified legal professional for more information.8) Know the zoning regulations in your area. Make sure that you are permitted to operate a business from your home. Some areas may also place restrictions on the type of business that can be operated from your home.9) Find out what licenses, registration, or permits you need to operate your home based business.10) Research any additional regulations applicable to your product. Find out if there are restrictions on producing it from your home. For example, if you're a caterer, the authorities may not allow you to prepare food in your home if you have pets running around!11) Select a business structure, such as sole proprietorship, partnership, or corporation. Again, you may want to consult with a qualified professional to determine what's best for your specific situation.12) Assess your financial situation. Do you have enough to finance a business startup? How will you handle emergencies? Don't forget about marketing expenses -- the success of your business will depend in large part on how well you market it.13) Secure additional funds, if necessary. Loans, lines of credit, grants, savings, and employment income are some ways that entrepreneurs can finance their businesses. The US Small Business Administration has a useful list: http://www.sba.gov/starting/indexspecial.html14) Prepare a business plan to help you define your goals and stay focused. Again, the US SBA offers help at http://www.sba.gov/starting/indexbusplans.html 15) Investigate the costs associated with purchasing the necessary equipment, materials, and supplies. Contact several suppliers to compare quality, prices, and service. 16) Talk to your local tax office. Ask for any relevant information on how your home business will affect your tax situation. 17) Consider purchasing additional insurance to cover your business assets.18) Set up your home office. Establish rules and 'office hours', when customers can generally expect to reach you. Consider setting aside a room specifically for your office space.19) Talk to your bank about a business account, to keep your business and personal income and expenses separate.20) Consult with professionals. Depending on your situation, you may need to use the services of lawyers, accountants or bookkeepers, insurance agents or brokers, and others. For additional information, read the US Small Business Administration's 'Small Business Startup Kit' availableat http://www.sba.gov/starting/indexstartup.html . Article Tags: Home Business, Small Business

20-Point,Checklist,for,New,Hom

DIY

Soil testing as important as oil changes are for engines

When you have a vehicle that you are driving a lot, you know that oil changes are something that you need to do on a regular basis to keep your vehicle in good condition. This is the same as soil testing. Soil testing ensures that your soil ...

DIY

Foam bitumen - Sustainable Eco-friendly Roads

Dont you think it will be great if we have eco-friendly roads that will be sustainable and durable as well? If there are roads that are not harming the environment anymore? This isnt just something that is for the future. There are countrie ...

DIY

Soil Testing: It’s all about that soil

Soil testing. The success of your harvest is all about the quality of the soil. And, the only way to ensure that you have the best soil, is to know what your soil needs.Many dont think that soil testing is needed. They are only adding nutrie ...

DIY

Mobile Work and Aluminum Platforms That Fit Your Needs

There are many domestic, trade and industrial applications where an extension ladder is the best and safest choice. Although many people try to make do with tall stepladders, most don't know it's hazardous to stand on the top work platform o ...

DIY

Truck Access Platforms That suitable for you

Looking to plan and specialist a few kinds of platforms that give your workers safe access to single or multiple hatches on an assortment of Tank Trucks. In the event that your administrators are as of now getting to the highest points of tr ...

DIY

How to Choose a Custom T-shirt Printing Company?

Be it a family event, a noble cause, company event, or personal interest, wearing custom t-shirts gives importance to it. The fame of personalized shirts is soaring high with this. More and more men and women are wearing custom shirts while ...

DIY

Moving Jurney By Interm Packers and Movers

They perceive the ins and outs of transferring so it's a protected option to allow them to deal with your whole belongings as a result of they'll do it proper and do it with care. When you might be in a predicament corresponding to not havin ...

DIY

Use a Vacuum Excavation for an Unearthing Project

You may very well get yourself that you have to utilise a vacuum excavation for an uncovering venture. This can be anything from disposing of a channel that is blocked or to penetrate a gap in the ground without harming the encompassing zone ...

DIY

Detailed Information about Non-Destructive Digging

At the point when you consider digging a gap in the ground, the principal thing that rings a bell is this ordinarily winds up a total wreckage around the gap.Be that as it may, there is one technique called non-destructive digging. This is t ...

DIY

A Complete Guide to buying a Vacuum Truck

Buying a vacuum truck are something that you should consider on the off chance that you are searching for another business opportunity. There are a few advantages to having this sort of business in the event that you have a completely prepar ...

DIY

Best Methods of Underground Cable Detection!

While we are continually fabricating and remolding properties, unearthing is unavoidable and can be attempted for an assortment of reason. What we are going to discover right now while playing out an exhuming, you should discover any undergr ...

DIY

Vacuum Trucks Can Deal with Exact Unearthing Needs!

Some intriguing data about vacuum trucks. That it will have the option to give in your precise excavation and drilling needs. You may imagine that those enormous trucks won't have the option to penetrate precisely, without harming anything a ...

DIY

Utility Locators - Locating Underground Cable

There are numerous reasons why it is imperative to locate underground cables. Also, if the Cables can't be found effectively, the fiasco will be immense and can be destroying.This is the reason you have to ensure that you know however much a ...

DIY

Important Information about Hydro Excavation

Hydro excavation is the way toward expelling or moving soil with pressurized water. An air movement or vacuum is then used to move the dirt or trash to a garbage tank. This takes into account a non-damaging and progressively exact approach t ...

DIY

Foam Bitumen - Lab Tests for Pavement Construction

Foam Bitumen. Something that you probably won't have found out about. All in all, for what reason would it be advisable for you to consider what the different lab tests on bitumen for asphalt development are? But on the off chance that you a ...

DIY

Soil Testing & analysing Is Worth the Effort

There's nothing of the sort as a free lunch, even in the nursery. Contingent upon your soil's local ripeness and what you develop, your plants may perform for quite a long time without requiring extra manure. Be that as it may, at some point ...

DIY

Soil Testing For Construction

Soil testing is a significant piece of building and street development. Truth be told, no development task can continue without first ensuring the soil can bolster the heap. Subsequently, the reason for soil testing for construction is to de ...

DIY

Soil Testing Services for Construction Projects

Regardless of whether you are building your fantasy home, making an expansion to your current home or building up a business property, there is one thing that is of most extreme significance, soil testing. There are various building consulta ...

DIY

Property Insurance

Property is Peoples HopeIt is not wrong to say that property is a hope and main aim of every person. People put all their efforts and then purchase some property for time ahead reliability and safety. This property is result of a long term s ...