To put this another way, assume your new home business will be a successful one, and then make plans to assure that success. As has been said, "if you fail to plan, you plan to fail."
Yikes! Don't let that happen to you!
The United States Small Business Administration has many resources available to you for absolutely free to get your home business off to a good start. In fact there are pages and pages and pages of valuable, essential information to help you formulate your business plans.
One of the greatest advantages of a home based business over a brick and mortar business is the cost of overhead. In a traditional brick and mortar business, you either buy or rent space, and then add utilities, insurance, furniture, inventory, and whatever else. That cost alone has done in more than one small business. When you work out of your home, you have none of those expenses above and beyond what you are paying in your home, anyway. There will be a financial investment that you will have to make, but it pales in comparison to starting a traditional brick and mortar business. Financial success may take months or even years, depending on what type of business you are starting. Being aware of that and planning on it not only will enable you to "ride it out" but will help you avoid discouragement.
In addition to financial planning, you need to plan what you will actually do on a typical day. If you are starting an internet business, will you write? Will you network? Will you research? Will you maintain your website?
If you are starting a home business dealing with either a product or a service, plan how to attract and even more importantly keep customers. Plan your advertising strategy.
Refer often to that SBA website. It will help you get your business off to a great start!
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