Are You 100% Ready for a Work At Home Business Opportunity?

September 6, 2008 at 10:13 pm (business, entrepreneur, marketing, network marketing, success, work at home, work at home business opportunity) (, , , , , , , , )

Before you take the plunge and pursue a work at home business opportunity, make sure you’re ready.  Are you up to the challenge that running your own business involves? 

Start by being honest about your strengths and weaknesses.  You need to be the boss, the office manager, the accountant, and the computer tech all rolled into one – can you handle these responsibilities?  If not, is there anyone with whom you can share the responsibilities? 

Don’t just think about your business, commit it to paper.  Having an abstract idea is one thing; planning a business that will succeed is another.  Have a working plan of what you hope to accomplish, the money and supplies you need, and a timeline for meeting goals is important so you can see the strengths and weaknesses of your work at home business opportunity

Think about the support that you have in place.  Do you have friend or a person that you can turn to for an opinion?  If you select the right work at home business opportunity you should have a mentor within that business that guides you in the initial stages of your business development. These details are vital to your success. 

A work at home business opportunity can be the answer to all your prayers; take some time before you start to plan and prepare.  It will make your business stronger. 
 

To Your Future,

Sandra MacDonald

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Home Business Plan #1 Strategy

September 6, 2008 at 4:07 pm (business, business plan, marketing, network marketing) (, , , , , , , , )

The business world moves at a breakneck pace.  Why bother to write a Home business plan when it will quickly become outdated?  A business plan allows you to gain a thorough understanding of your industry, competitors, and market, as well as your own goals and strategies.  To make sure it stays relevant, you need to continually monitor you plan. 

Just like your body needs checkups, so does your home business plan.  Set aside time regularly (weekly, monthly, quarterly, annually) to review your goals and determine how much progress you’ve made towards achieving them. 

If your business needs have changed, revise your business plan to reflect these changes.  For example, if you’ve made excellent progress in one area but lag behind meeting your objectives in another, you can revise your plan to include more strategies and timelines for the latter.  Also, have your funding needs changed?  Have other areas of the network marketing industry changed that require you to rethink how you do business?  Now is the time to plan how to meet these new realities.   

home business plan is not like homework: when you’re done, you don’t just stick it in a drawer and forget about it.  It is a document that grows and changes with your business and should continue to be a valuable tool for you. 

 

 

To Your Future,

Sandra MacDonald

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