Copyright Donald N. Lombardi
Starting a home based business is much the same as starting a traditional business. It will require intelligence, courage, market research, product development, marketing, advertising, sales, planning, time, energy, commitment, perseverance, and lots of patience. You are not going to get rich overnight regardless of what you hear or read. The opportunities are there but so is the competition. You will need to work full time at developing and implementing the strategies necessary for success.
Before you begin you should have a goal in mind. Why are you starting this business? What is your business objective, and how are you going to accomplish it? Who is going to manage the business? How much time and money are you going to devote to the business? Where in your home are you going to set up your business? When is the best time for you to conduct your business in your home? Most people dislike having to get up in the morning at set times to go to work. Well, having a home base business may give you some flexibility as to a starting time for work, and eliminate the commute, but you are still going to work some long hours initially to get...