Monday, August 19, 2013

A Successful Home Business

By Ake Dahlstrom


As with all other businesses, operating a successful home business1 requires much commitment and effort. Both these attributes are very vital if you want to turn an idea into a reality. A major challenge faced by many business enthusiasts, however, pertains to office space. This quality invariably requires a substantial amount of capital that is not always readily accessible. Despite this, the good thing is that launching and running a home based business remains a viable option. After establishing the business, you must thoroughly market it in order to make the entire venture worthwhile, though. Following is the formula to go about doing so.

Use Your Personal Network

As a business owner, the people who are best able to help you get started are your family and friends, since they are the ones closest to you. They can let potential customers know what you are doing and where you are located. Word of mouth is a great marketing tool, and you should not overlook this powerful strategy.

Use relevant publications

Every business is intended to cater for a specific target market and you should invest time and money into reaching your intended audience. A good way to make your business known to those you are selling to is to market through publications they usually use. Publications can include magazines, newspapers, blogs, websites and other media.

You need an online presence

Unlike prior years where you had to rely upon mainstream media for advertising, the Internet's inception has made the whole process much easier. Via the Web, you may reach many potential clients for almost no cost. Therefore, no valid reason exists for you to fail to capitalize on social network media, blogs, and commercial websites.

Be Professional

When you work from home, you need to maintain a business persona and present yourself as a professional at all times. You should establish regular hours for your home business1, dress neatly and be ready to greet customers or clients during work hours. Be courteous, provide excellent customer service and return calls and email messages promptly. While you are able to set your own work hours, and may not need to be so formal as you were in a corporate office, it is still important to follow good business practices.




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