Beginning a home business can be a daunting task, especially if you have a family or another job to take care of.
The distractions you have to overcome have the possibility to prevent you from accomplishing anything you set out to do. It is important to establish a plan of attack that gives your business the best chance of success.
Develop a Business Plan. No, I’m not talking about a 110-page detailed report on how you plan on paying back your investment. Those things never work out the way they should anyway. I’m talking about outlining your plan of attack. In this short business plan you should:
1. Describe your product or service you are offering. List the price, availability, estimated time to produce or provide the service. These can be bullet point half sentences, nothing official here, folks. This is meant to be an internal document, but also one you can easily pull out of your desk drawer and reference from time to time to make sure you are on the right track.