Starting a home-based business

Jerry
July 20, 2009

Starting your own business can be quite a headache. So many things need your immediate attention.

The main driving factor right now is that most people are losing their jobs and looking for a way to maintain that old income level. Hundreds of them are trying to start their own business, but do not really know what steps to take to do it. Well, here are seven steps to help you get started.

Talent and Skills

Everyone was born with some kind of talent and has acquired some sort of skill during their life. Stick to what you know and be sure to know what you are in business to do.

Know Your Competition

You have to know if there is a market for you business or if you have a chance to succeed against the level of competition that you will face.

Make a List

Write out a list of all of the things you will need to start your business. Be professional about it and thorough. The more things that you anticipate the better.

Know the Legalities

Research the zoning laws and protect yourself. Form a relevant business platform like a limited liability company.

What Are Your Startup Costs

You will need to write a business plan before you do anything. Especially if you intend to seek funding in any way. Grants will require this as much as a lender will. It will also help you to be extremely realistic about how much cash you will need at startup.

Support

You are going to need the support of family and friends if you are ever going to be successful. This isn't just financial, but emotional and physical support. Physical in that you will need to be treated as if you are at work and not disturbed during business hours.

Advertise

This one is self explanatory. You have to make use of flyers, postcards, business cards. Whatever printed material you can afford has to be used to advertise your new business.

These are only seven steps that you will need to follow to start a new business from your home. There are many more, but if you consider these you will be well on your way to success.

What other steps would you suggest?

Jerry's picture

About Jerry Brisinger

I am the Marketing Director of a small media development company. We deal with hardware,software, and hard goods. As part owner of that company, I am able to see many of the true inner workings of the decision making process. Over my years in the marketing field I have striven to show simplify people's way of thinking on the subject. Many executives and small business owners try to over complicate the entire idea. They are wrong. In my posts I hope to show you what it is that I mean.

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The PsPrint Blog is a resource for graphic designers, freelancers, small business owners and fans of print marketing. You'll find helpful techniques on printing everything there is to print, including business cards, postcards, brochures, stickers, invitations, greeting cards, door hangers, magnets and more. The PsPrint Blog shares creative ways to improve your design and layout skills, and useful tips for marketing your business in any medium. We also like to have a little fun, sharing design inspiration and spotlighting some our favorite customers' printed pieces in our "Hot Off the Press" series.