How to Tackle the Three Major Stresses Associated with Every Home-Based Business

Owning your own home-based business is by and large a very rewarding, exciting endeavor. You can set your own schedule, and be where you want, when you want. You can oftentimes forego the commute to a “regular job” and save money on gas and other “niceties” that are expensive in the work-a-day world, such as lunches, parking fees, etc.

There are unexpected pitfalls and disadvantages, though, in the owning and operating of a home-based business. Some are psychological, some are emotional, and others are purely physical. The unexpected stresses of a home-based business are really one of the major obstacles that need to be overcome by business owners. Many new business owners are unprepared for just how much stress is involved, actually.

Home-based business stresses usually fall into three overall categories:

1. Psychological : Employees, Finances, Legal, and Operations

2. Emotional: Family, Friends, Change of Personal Routines, Personal Disruptions, Isolation

3. Physical: Sedentary Lifestyle, Poor Eating Habits, Overwork

Many business owners, in order to prevent the psychological stress will have plans in place for dealing with these particular stress factors, prior to their occurrence. This is a proactive approach that is infinitely better than having a reactive approach to these occurrences.

Each business owner should have a financial plan in place for the times when orders or clients are few and far between (slow times), as well as a good accountant to call when necessary. Each business owner should also have a lawyer who they trust and can turn to for advice if necessary (we do live in a very litigious society). And each business owner should have a plan for sickness among employees and hiring and firing protocols firmly in place. Machinery and replacement of business supplies should also be well planned in advance, and purchased according to well laid out plans for expenditures.

Leadership skills will need to be developed, as a new business owner who is used to being part of a team, will find working alone and “being in charge” a somewhat difficult transition at first. Books on leadership skills abound and it is a good idea to do readings on the development of these to proactively avoid the psychological stress that comes with this change in roles. Working alone and making decisions alone is quite different from the conformity and decisions made within a group.

If a proactive approach is taken, the psychological stresses of a new business can easily be prevented, or at least lessened.

The emotional stresses of a home-based business are usually a bit more difficult to ascertain and tackle when they occur. Some of these stress factors can come directly from well-meaning family and friends, unfortunately, and the approach is of course, much different. Since a home-based business is directly tied usually to the home life of an individual, there is less chance to escape these stresses, than with a traditional method of employment. A new birth in a family, a death of a loved one, illness, or simply a change of schedule of another family member, can greatly impact the daily workings and routine of a home-based business.

In addition, family and friends may view the business owner as “being at their disposal” all day now, as the business owner is now “home” much of the time. These well meaning individuals may call or visit all the time, and also expect the business owner to take care of their needs before the needs of the business. This is simple human nature, but is very distracting for the business owner. The only way this can be successfully overcome is to make plans well ahead of time for any changes in routine, if possible, and adjust the schedule accordingly as the changes occur. Well meaning family and friends need to be told with certainty that there are “business hours” and “personal hours” and a business owner needs to remain firm in their resolve in regard to these issues.

Stressing over emotional stress will just escalate an already stressful situation.

Another unexpected emotional stress comes many times from the feeling of isolation and loneliness that business owners may experience. Business owners many times are unprepared for the time they now find they spend alone within the parameters of their home-based businesses. A home-based business owner, while relieved to leave the workforce, sometimes does not realize that the workforce provided social opportunities that are now missing from their lives. Many hours may be spent alone each day, which can lead to loneliness and even depression in some cases.

How Writing Articles Can Help Your Home Based Business Succeed in the World of Internet Marketing

The world of internet marketing has gotten highly competitive these past couple of years as individuals seek other alternatives to make money, preferably, from home. In order for a home based business to become successful, there is one important tool that every home based business website must have and that is Traffic. If your marketing efforts is focused on a certain niche, you will want to make sure that you get the right kind of traffic for that category or you will be shooting blanks at your website, hence, you will not make any money. It is the goal of every affiliate marketer to get a high position on every search engine that is out there, but with everyone competing for that coveted #1 spot, it may seem impossible. In this article, I will share with you one promotion strategy that will drive highly targeted traffic to you website.

Here is one way that you can get free traffic and quality back links to your website and score high in the search engines: Article writing!!! Whether you are an experienced article writer or someone who is just beginning to write, writing articles is top-notch and the most important strategy that you can use. Here are some ways in which article writing can help you achieve success with your work at home business.

1. You can reach people worldwide.

A simple idea that you jot down on a piece of paper can be a start to a good, quality article in the making. Just keep writing and typing and don’t be afraid to share them with other individuals. Your written work of art can be shared on your blog, website or submitted to an online e-zine website for all the people of the world to read. Share you expertise about a particular subject, remember, that people use the internet to find information they are looking for; once they come across your website and their needs are met, they will share your article to others and that is how your business will succeed.

2. Get free advertising when you write an article.

When submitting an article to an e-zine publisher, make sure that it is informative and does not contain any kind of marketing pitch. When you do this, you are making a good impression on the reader and they will click on the link that leads to your website. Writing a good quality article that is rich on content and in quality is far better than posting an ad on a classified site. This is how you get free advertising.

3. Writing good, quality articles will help you achieve a high-ranking on all search engines.

Do some homework on the type of keywords that you want to use on your article. When Google made its penguin and panda updates, it killed a lot of people who did not have good quality websites or articles. Write an article that is 500+ words; have the right keywords and that is rich in content. Make sure that your article flows smoothly that it will not only appease Google, but also, it will keep the reader’s interest. If you just throw together an article that is filled with keywords while the main body does not make any sense, even though your website or article is #1 on all search engines, you will quickly lose your reader’s interest and you will not make any money for your home based business.

4. Writing articles will help build a good, strong reputation for your business.

When you constantly write more articles that is unique and original, you will brand yourself as an expert in that particular field and people will look to you for more information. This way, you will leave a good impression on your readers and you will build a good reputation for you and your business.

5. Writing articles will help improve you credibility.

Having an excellent credibility will mean that people will develop that trust and loyalty. When any visitor leaves a positive comment on your article, record them and use them on you website or blog for promotional efforts. This way, you will attract new customers and increase you sales.

So, now you have this knowledge on how writing articles can help you succeed in the competitive world of internet marketing, go to my website to find out which home based business would work for you and start writing articles to help your business achieve financial success.

Six Tips On Running A Successful Home Based Business

Plan for the unexpected. It never fails that things are going along smoothly, then BAM, a home based business owner gets broad-sided with something they never dreamed would happen. It could be anything from a flooded basement where they have their home based business office to the computer getting struck by lightening–or just an electrical outage at the busiest time of the day. So take the time to make back up plans for every eventuality. This doesn’t mean you have to become pessimistic in your outlook, just that you have a backup plan for most any emergency that may come along. Having a plan means you’ll be prepared just in case.

Have money put aside. When your home based business profits are pouring in, it’s easy to let your spending get out of hand. Then when the computer does get struck by lightening, you don’t have the money for needed repairs. So you need to put aside some money each month while you’re growing your home based business to help you through any bad times you may have–and you will have them. Every business, home based or otherwise, has good times and bad. Having the financial resources to see you through them is essential to keeping your home based business operating, and growing.

Use your time wisely. With a stay at home business, it’s easy to get distracted by the television, the telephone and the family. It’s also easy to let paperwork slide. A lot of home based business owners become like Scarlet in Gone with the Wind and think there’s always tomorrow. What happens is when things pile up, a home based business owner can easily get overwhelmed. After all, there’s no one else to take care of things. So make sure you organize your time, make a schedule–and stick with it.

Get and keep your office organized. Home based business owners don’t have time to waste. And an unbelievable amount of time is essentially thrown away when you have to spend precious time looking for things. Organize your home based business office so that it maximizes your efficiency. Little things like making sure you always have a pen and paper by the phone can save an enormous amount of time. Also, having a good filing system is vital for the same reason: the time you spend looking for things you need is time you could be spending attending to business.

Make sure you have insurance. This is crucial in case something should happen to your home based business inventory or equipment. A home based business can afford not to have the proper insurance. That basement flood mentioned earlier could easily put you out of business for good unless you have insurance. So you want to have the best insurance you possibly can, even if it means scrimping on other expenses. If you don’t already have it, get on the phone or go online and get adequate insurance as soon as possible.

Plan for taxes now. If you haven’t already discussed your taxes with an accountant or other home based business financial advisor, you want to do it as quickly as possible. And you want to check in with them frequently to make sure you stay up to date on important tax laws that may affect your home based business. You want to be sure you’re setting aside enough money to pay your taxes and you also need to know if you should be filing taxes yearly or quarterly as many self-employed people do. Also, if your home based business has employees, you’ll want to make sure you’re withholding the right amount of taxes for them as well. Taxes are a fact of life and the sooner and more efficiently you plan for them, the better off your home based business will be. The last thing you want is for that tidy little nest egg you’ve saved for your home based business to be gobbled up by the tax man!

5 Tips For Setting Up An Internet Business

Today, the internet offers many opportunities for entrepreneurs to look at setting up an internet business. Let’s take a look at some of the statistics. Reports show that the holiday season online retail spending for 2012 was a 16% over 2011.

This includes November 26 (aka Cyber Monday) which became the biggest online spending day on record at $1.4 billion, Tuesday, 4 December reached $1.3 billion and Monday 10 December was $1.2 billion.

These three billion dollar spending days currently rank as three of the four heaviest online spending days in history. And they all took place last year. So what does this mean for those setting up an internet business? It means that 2013 and onwards will see more of the same. More people buying online, more money being spent online, more success for online businesses.

However, setting up an internet business does involve a bit more than putting a website online with a few products and waiting for a flood of customers to come and buy from you.

Here are 5 tips to setting up an internet business

1. A Business Plan

In the same way that you have a business plan for an offline business, the starting point for setting up an internet business is to create a business plan.

You need to know your target market, know your competition, know how you will fund the business, have access to good resources, build consumer loyalty and forge alliances with strategic partners.

2. Your Market

One of the most important elements of setting up an internet business is knowing if there is a market for your idea, product or service. The internet is very competitive so you do need to work in a niche market where you can attract like-minded customers.

3. Your Website

The cost of setting up and creating websites can vary considerably. There are now many programmes available that make it much easier for new online entrepreneurs to create their own website. If building your own website is not an option, try searching for web designers online, or ask friends and colleagues for recommendations. However you create your website, keep the site clean and simple as people will buy from you if they trust the site and can find what they want. Make sure you update your website’s content constantly and make it easy for people to get in contact with you.

4. Marketing

When you are setting up an internet business you have to use marketing to attract customers to your website. There are both free and paid for methods that you can employ. Marketing is usually where online businesses fail as they spread themselves too thin with lots of different marketing techniques and channels. The key is test each channel on a small basis. If it works, scale it up. If it does not, drop it and move onto the next one.

5. Training and Education.

You would not start a new job in a traditional ‘bricks and mortar’ business without somebody showing you what to do and how to do it correctly. Your internet business should be no different. Take time and recourses to invest in your online business education to learn from those who have gone before you. It will save you a huge amount of time, frustration and money.

The internet has certainly revolutionized the way we live our lives, and offers a place where individuals can compete with global organisations. But setting up an internet business and becoming successful does take time. As a new online entrepreneur, you’ll need lots of energy, enthusiasm, determination and passion.