8 August 2008

Work At Home Business Opportunity

Work At Home Business Opportunity
by: Elias Georgi

There are literally thousands of business opportunities for entrepreneurs and small business owners to develop. Choosing a home based business that allows you flexibility and convenience can also be rewarding. Evaluating and building your work at home business opportunity into a successful business can be one of the most exciting activities in your career!

We will examine several of the phases of startups that everyone should know about in this business article. The main phases of any new business whether it is a home based business or a business that begins in a factory or elsewhere are conception and initial funding, preparation for launch, initial operations, significant growth and maturity. Not all business ideas will make it through all of these steps and some new business owners may not even realize they are moving through these stages.

Regardless of the type of business, most will spend time in each and depending on the growth rates, some will spend more time in once phase or another. Conception is the phase where most people come up with an idea and take this new business idea into a full-grown plan. They will need to do a business plan at this stage, especially if they need to find funding to support their startup phases. This stage also includes preparing your plans for how you will launch your company or home based business.

Taking the time at this stage to properly plan all of your activities will ensure that there is better chances of success for you're new work at home business. Preparing for launch involves everything that needs to be completed before you actually begin producing whatever you are going to produce. Whether it is software or widgets, you need to ensure that you have the right tools, space, employees, funding etc to ensure that on the day that you launch your business you are ready to be productive and deal with your customers in a professional way and ensure that your customers are 100% satisfied. Launching your business can sometimes be almost anti-climatic if you have really done all of your homework.

The first 30 to 60 days are critical; since this is when you begin to establish your customer base, establish your customer satisfaction and word of mouth sales etc. Many businesses will fail in these early days simply because the revenue did not come in and they ran out of funding. Pay particular attention to all of your operating details and ensure that your customers are extremely satisfied. At some point successful home businesses are going to reach the curve of the hockey stick. This is when sales and business volume, which has been growing steadily, suddenly begins to take off sometimes in an exponential manner.

This is nirvana for small business owners and entrepreneurs, however it can also be a death sentence as well if you are not prepared. Business planning at this stage is critical to ensure that you are growing your company in a manner that meets demand without over extending your finances, while still maintaining customer satisfaction levels. Many work at home business opportunities have the potential to mature into successful business if they are manage carefully through all phases.

About The Author Elias Georgi is an experienced and successful sponsor, mentor and coach for many thriving, tested and proven home businesses. Elias offers proven Internet opportunities and strategies. Visit his Website: http://www.eliasg.com/ , he also runs the http://www.exclusive-article.com/ article directory.

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How to set up a home office ...

Before you set up a work station at home, check out our Seven Top Tips on how to work from home:

Your Home Office
Ideally, you will have a spare room to create a home office. If not, a corner of another room, will be fine as long as you are not constantly distracted in the family fast lane. Set up your kitSet up your computer, files and phone to give you maximum comfort for long hours. Have enough plug points for PC, printer, phone, scanner, mobile charger, fax machine and answer phone. Even better get an all in once mod con to save on a jumble of cables and wires.

Pick your desk location
You should be able to see the door of the office from where you are sitting or at least more of your surroundings. Beware of facing the garden and the bird bath – too tempting to watch the world go by! A hard chair will give you backache so spend a little extra on a good one.

Working Hours
Working outside 'normal' working hours helps to balance your work and home life so don't feel guilty dashing off to take the lads to footie after school, as long as you get your work done. Catching up in the early morning or later in the evening works well, but also watch out for going OTT. Make sure you close down and walk away at some point or the family will go hungry.

Have a breather
No matter what kind of work you do or what home you do it in, you can go bonkers if you spend 24 hours a day at it. Get out, whenever you can, to clear your head and to see other people. Use lunch time as a good break to pop down to pick up groceries for dinner, step outside to feed the birds during your coffee break or walk the dog around the block to clear the cobwebs. This is also a great way to mull over a document or get inspiration for new ideas.

Keep in Touch
Have no fear that your social life at work comes to an end if you leave your office to work from home, in fact in some cases your relationship with your colleagues may improve. Email is instant but be careful of 'funnies' – they can eat up a huge chunk of time. Chat through business issues by phone and meet for a quick bite every now and then.

Goal scoring
Give yourself little goals and objectives and then reward yourself when they are complete. Make sure family and friends know your hours or days of working at home and stick to that. Don't be tempted to pop over for a coffee or cook a large meal. Give yourself this time as a reward for getting up early on a Monday to finish a long-winded report. Or if you score well with a new client take five to put your feet up before the school run. Whatever incentives work for you, use them to motivate yourself to balance your time around your other responsibilities.

If you have any suggestions on working from home, please submit your articles to grace@remoteemployment.com.

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