Tag Archives: advice on a part time business

The Home Office – Focus on Business

The Home Office – Focus on Business
by Daniel D Lotts

While it’s so much more relaxed and casual to work from your home office, you still need to keep in mind that it is for the purpose of business that you are there. As part of focusing your mind on the work you need to do to develop and maintain a business, what you see in front of you is directly related.

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Why add continually navigating chaos to your work-related tasks every time you do something? It wastes time and energy, not to mention causes you to lose focus on what you need to be doing. Make staying organized part of your work day and put things away! Get folders for things and even if all you have is a box or plastic crate, put your folders or important papers in there. ‘Out of sight out of mind’ has special relevance here. If your workspace is organized you will think and see things more clearly. Remove anything that is not related to business out of your office space entirely if you can.

There is more than one reason for creating a focused environment in your home office. For tax purposes, particularly if it is the case that you only make part of your income from home, when you are claiming home business deductions (which you should) then you have to have a clear delineation to separate ‘home’ from ‘business.’ In fact, an actual door on your office is required. (For those lucky enough to earn their entire income from home, you don’t need the door but you still need to have an area dedicated only to business.

In any case you can figure the square feet in your living space and determine how much is used exclusively for business. Then you can deduct expenses based on that percentage for rent, utilities, insurance, etc., in addition to directly related business expenses such as office supplies, equipment, etc.

Business
Business

Just be sure you have receipts for every penny you claim. Another element to organize and to keep a folder marked ‘Taxes’ where you put receipts and invoices all year long, so you are not scrambling at the last minute, and maybe even missing something that would have been a deduction to your self-employment income taxes.

Be sure that part of your organization and focus involves committing your time (scheduling) – where you will sit and work and do nothing else. Turn on your voice mail and be sure that your family and friends know and respect your hours of business just as they would have to if you were going off to a job. If you have little kids then obviously this time allocated to your business should be when they are at school or sleeping if possible.

You really won’t get as much done, or retain as much information if you are constantly being interrupted by the doorbell, phone, kids, dog, etc. Of course the kids (and dogs) are some of the main good reasons you have for starting a home business; and of course you can’t always have 100% control over them, but with a little planning and mutual respect you can have more time for them and still have a successful business.

Oh – and don’t forget to rest – when you shut down (and put everything away) at the end of your work time, shut the door – even if the door is only in your mind. You have to have a time where you are OFF work – to relax and enjoy the other facets of your life. Resist the temptation to log back on your computer every time you get a bright idea. Just write it down and take care of it next time you go back to work.

More Information:

Daniel Lotts is the owner of www.dreamaffiliate.com and is dedicated to helping you succeed when starting a home based business. 100% Proven Online Profits! Visit today for more info or check out the site’s #1 home business at: http://www.PlugInProfitSite.com/main-18923

Source: http://www.PopularArticles.com/article464310.html

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What Is The Easiest Way To Start A Spare Time Business?

What Is The Easiest Way To Start A Spare Time Business?

by Jon Allo

More and more people are starting their own spare time business, and many are doing it without giving up the day job. Starting out with a new part time business has, in fact, never been easier, and it’s a great way to earn some extra money in your spare time. In the past, the set up costs of product research and development, stock, fulfillment and other material items made it very expensive to get a spare time business off the ground.

Affiliate marketing

But now, the digital online business world has made many home business opportunities accessible to people from all walks of life who want to unleash their inner entrepreneur.

Starting A Part Time Business.

Did you know that you can start a spare time business even without any of your own products to sell? You do not have to buy any stock and somebody else will take care of all the fulfillment and customer queries. This business model is called affiliate marketing and is one of the most popular and easiest home business opportunities to start.

Affiliate marketing is when you promote other people’s products or services and when you make a sale, you earn a commission. You find a product or service that you think is good and that people will buy and you start to promote it to a target audience. Promoting is when you raise awareness by encouraging potential customers to visit the product owner’s website so that they can consider making a purchase.

But, one of the quickest routes to failure for any part time business is to pick a market that does not have the potential to bring in the income you’re looking for. So how do you know which products or services to promote?

Finding The Right Market For Your Spare Time Business.

All online business opportunities require a little bit of research before you get started. Ideally, you want to choose a market that you’re personally interested in – even if it’s one that you don’t know a lot about. You can always learn what you need to know, but if the market is too technical or you consider it boring, it’s going to be a challenge to work on it as a part time business.

Spare time business
Spare time business

Choose a market that not only interests you, but one that you feel excited about working on. That way, you’ll stay motivated and will look forward to growing your business in your spare time.

Go online and see what the hot selling items are in your chosen market. You don’t have to know this off the top of your head. Look for these top selling items on websites such as Amazon or eBay or other market websites. The bestsellers list will tell you what the pulse of the people buying is. So for example, if you see that on Amazon, a product sells well enough to be in the top ten, you know you’re onto something. Let’s say one of those products was a brand new fitness gadget and they were selling like hotcakes. It might be the best home business opportunity for you as there will be plenty of potential by tapping into that market.

You’ll want to check out the self-help books to see what’s selling there. Books on depression, weight loss, and relationships always provide good home business opportunities. The market is and always will be wide open for self help products and services.

When you become an affiliate for a product, you’ll want to check the amount you’ll earn by becoming an affiliate rather than the percent of commission. You’ll earn more money that way. Remember as an affiliate you can sell both tangible and intangible (like online video training, ebooks, etc.) products as well.

More Information:

Success in business is mostly about marketing, especially online. Great marketing can sell an average product but poor marketing cannot sell a great product. To learn more about marketing that will work for your part time business and how to find the right products to sell and the right customers to buy them, visit http://www.jonallo.com

Source: http://www.PopularArticles.com/article463737.html

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