Home Based Business Tools You Need For Success

Home based business tools are not an option, they are necessities. If you have found this article, I will assume you have started a home based business and I genuinely hope you find this article useful. In order to succeed in your home based business you must generate a very quick work from home success story. In fact your “success story” is the most important home based business tool any of us use but in order to create your success story part time, the following article will list the other tools you’ll need and why you need them.

# 1 A Cell Phone (and contract with plenty of monthly minutes)

Most people already have a cell phone for various reasons but as a home based business tool you may want to review your contract and if you are not on a unlimited plan, you should consider it. The cell phone is the home based business tool that allows you to take care of business even while you’re living your normal every day life. That means you don’t have to be in front of your desk to take important calls, train your team or sign people up!

While we may call it a home based business, in reality “home based business” translates to “business from wherever the heck I feel like it”! That’s the true beauty of a “home based business” it allows you freedom to go where you want when you want for this reason alone the #1 home based business tool is your cellular phone.

# 2 A Computer

I know you’re thinking in the list of home based business tools a reliable computer should be the #1 tool for home based business owner but I will tell you that many successful home based owners began their business by using the free online access available at most (if not all) public libraries. If I wrote “Online access” then that would have been the #1 home based business tool.

Gone are the days of paper applications!

As a top ranking home based business tool, the computer will free you from hoards of paperwork and possible lawsuits. Secure online transactions are far safer than paperwork. No home based business owner should ever be without a computer.

#3 A Realistic Weekly Schedule

I understand that a schedule does not sound like a “home based business tool” but it is 100 of our business and marketing online. For me this is really on top of my personal home based business tools.

# 5 A Game Plan

You should never set any kind of goal without knowing how to reach it. So many people join a home based business with the dream of making $100,000 + a year but they have absolutely no idea how to get there� that’s a huge mistake.

On our list of home based business tools for success this is vital. You should spend some time brain storming then call your home based business mentor and ask them to help you map out your game plan. Goals are great but if you don’t know how to get there you will be lost, literally.

# 6 An Accountability Partner

Whether it is your spouse, your upline, crossline or just a good friend having someone to lift you up and at the same time hold you accountable is incredibly important home based business tool. I don’t care how successful you become there will always be days that you need a good, swift kick in the butt! If you are a sensitive persona and easily get bummed out (you know who you are), a good accountability partner can become your most valuable home based business tool.

As I wrap this up I hope this has encouraged you to get your home based business tools together and now go out there and make it happen! If you have never experienced success in a home based business, you should look me up. I would love to help you get your life on the right track: Roger Moody rogerlmoody (at) gmail.

Tips To Choose The Best Home Based Business

Home based businesses are very popular all over the world and provide greater opportunities for several people. Many people consider the home based business as an additional source of income. All over the world, there are several women who have talent in something but they do not get an opportunity to work. The home based business is that platform which provides great opportunity for women to work as well as for student’s who are interested in earning along with their studies. These days, the internet is the best source to get information, to work just sitting at home or even to do business.

Home based business ideas have a lot of alternatives to do the job online or staring up any home based businesses online. Online home based business only requires a personal computer, internet connection with a good speed as well as time. No doubts, these days there are lots of options available to earn money. There are certain important factors that will assist you in being successful in any type of home based internet businesses or home based business ideas. There are some essential points related to home based business.

The best idea for the home based business is to choose the one in which you feel comfortable and passionate about that. It is very important that home based business idea should match your interest.
It is a residual income and gives you an opportunity to earn extra money. It is one of the best and continuing growing businesses.
Home based business will provide a large number of opportunities to work in many streams. It is one of the multi-platform streams.
The best home based business idea gives you long lasting and secure way to earn an income online or just by sitting at home. Home based business is almost similar to other businesses. But the main difference is that one does not need to go office daily.
It is recommended to choose that home based business which gives you long term security. This is because this thing will secure your future.

A home based business has several kinds of opportunities for earning. The home based businesses are based on some strategies. With so many home based options available, one can choose any as per their convenience. Article writing, editing, promotion of the various brand products and many more options are available. Many people prefer home based online business for their extra income. Home based business in popular all over the world and provides a lot of benefits for every individual. There are many companies that offer the facility for home based business.

Home based business offers a chance to work freely. No doubts, there are many advantages of the home based business. Due to its various unique features, people prefer home based business. If you are looking for the best and reliable home based business ideas then these above mentioned points will surely assist the people who are searching for it.

Top Home Based Business

Working from home has many advantages. You save time and money by not having to commute, you have more ability to set your own hours, and you have greater flexibility to work around your family’s schedule. You do, however, have to demonstrate a good amount of self-discipline and determination in order to succeed. If you think working from home might be for you, then here are ten terrific ideas for a home-based business.

Consultant

If you have a special skill or have successfully worked for a number of years in a specific industry, chances are you have what it takes to be a consultant. Consultants serve as advisers in their area of expertise in almost any job area. For people with knowledge in the finance industry, business law, marketing and more, consulting can be a lucrative career. The requirements for being a consultant depend on what field you’re interested in. An advanced degree would be a prerequisite for business law consultants, while a wedding consultant could set up shop simply by working for an experienced consultant for a few years.

Accountant

Accountants can balance the books from the comfort of their own home as well as from the workplace. Increasingly, companies are willing to allow workers to telecommute, or outsource certain functions to independent contractors. Smaller companies will hire accountants without formal training if they have experience and have proven their capabilities, but generally accountants have at least a bachelor’s degree in accounting or business. In order to become certified, they must pass a national exam and any required tests for the state where they live.

Daycare Provider

If you have small children of your own or really enjoy working with kids, becoming a home daycare provider may be the right job for you. You will have more credibility if you get licensed and registered, plus you’ll have access to training opportunities and the chance to network with other providers.

Writer/blogger

If you’ve worked as a reporter, business writer, or just love to write, you may be able to start your own writing business. Corporate clients need writers to produce newsletters, maintain blogs and write copy; magazines need people to write articles; websites need content. Also,many people look for writers to ghostwrite their memoirs. While some writers have degrees in journalism, English or creative writing, many successful writers learn their trade through online courses, writing critique groups and practice.

House cleaner

You don’t need an office to set up a housecleaning business; your own home will work just fine. Both individuals and businesses need people to clean for them, so if you don’t mind hard work, this might be right for you. You can earn a good income without investing in years of education or a lot of equipment. In addition to being willing to work hard, you’ll need to be able to manage your time well and deal with the business aspect, such as taxes, insurance and advertising.

Transcriptionist

Transcriptionists are needed in the medical and legal fields and can earn a high salary from home. Transcriptionists have either an associate’s degree or a certificate earned in a program lasting one year or less. Certification is available, although not required, through the Association for Healthcare Documentation Integrity for medical transcriptionists. Former health care workers, such as nurses, or legal workers like paralegals, can also work as transcriptionists.

Event Planner

If you have a flair for entertaining, you can use your skills to earn money and help other people plan their special events. Event planners plan weddings, kids’ birthday parties, corporate events and more. It’s a fast-paced career where you can put your creative talents to work and earn good money. Start by planning events for friends and family and build a portfolio, or work for an established event planner. For an event planner, every day’s a party!

Beautician

You can become a beautician in a year or so and establish a shop in your home. If you like styling hair, doing nails and playing with color, this might be the career for you. Licensing requirements vary from state to state, so you’ll need to check that out before you start your business.

Massage Therapist

Massage therapists have the satisfaction of knowing they are helping other people improve their health. They also can set their work hours to accommodate their family’s schedule. Massage therapy qualifications takes less than a year, and the equipment investment is minimal: a massage table, some oils and lotions and you’ll be ready to get started. If you have a quiet room you can use, you can provide massage therapy in your home.

Crafter

If you create art in one form or another, you can set up a studio in your home and sell your crafts at craft shows and online at etsy Jewelry, fabric art, collages, paintings, pottery and more are just some of the items artists (like you) create and sell from the comfort of their homes. Do what you love best — and get paid for it.

Starting a Home-Based Business

Although a home-based business can offer you a great deal of flexibility, you’re still subject to certain state and federal requirements and regulations. You must deal with certain things before you can officially start operating a business from your home. You must comply with all registration, licensing, permit and insurance requirements to avoid fines and penalties.

Registering Your Business

Register your business name with your state’s filing office. If you’re operating under a fictitious or “doing business as” name, you may be required to take extra steps to register it based on your state’s laws. For example, you may need to register the fictitious or DBA with the county instead of the state. To protect your business name and ensure that no one else uses it, consider filing for trademark protection.

Licensing and Permits

You must comply with your state’s laws regarding licensing and permits. The rules and regulations vary not only by state, but also based on the type of business you’re starting. Although it may seem like you don’t need a license for certain businesses like selling items on eBay, your state may actually require it. If you start a business selling other people’s items online for them, your state may require that you obtain an auctioneer’s license. If you plan to operate a daycare out of your home, most states require that you be a licensed child care provider. You might also have to file a home child care license and undergo fingerprinting and background checks. Real estate agents operating from home must pass state licensing requirements. According to the U.S. Small Business Association, your county or city may require different permits based on the type of your business. Some examples of common permits include:

  • Health and safety permits
  • Sign permits
  • Construction permits
  • Home occupation permits
  • Sales tax permit

Zoning and Homeowners’ Association Rules

In some cases, your home may not even be zoned for the type of business you want to conduct. Check with your city’s zoning office. Request to see copies of ordinances that apply to home-based occupations. Even if your city says you’re zoned for operating out of the home, there may be restrictions if you live in a planned residential neighborhood or complex with a Homeowners’ Association. The Homeowners’ Association Covenants, Conditions, and Restrictions can’t necessarily ban you from operating a home business, but the rules can limit activities that affect your neighbors, such as customer parking, added traffic, noise and signs.

Insurance

Certain home-based businesses require insurance. For example, if you’re running a daycare service out of your home, you’ll have to carry insurance to protect your liability. Even if your business doesn’t necessarily require insurance, consider the possible risk of an incident occurring on your property. If you have merchandise or products you store in your home, you may want to ensure that they’re listed as contents and covered in case of theft or a disaster. You can add additional coverage or a rider on to your existing homeowners insurance policy or purchase separate insurance for the business. Check with your homeowners’ insurance company.

Start-up Costs

The amount of money you’ll need to start your home-based business can vary significantly depending on the type of business you want to start and the equipment, supplies or merchandise you’ll need. According to Business News Daily, the average cost of starting a home-based business can be more than $25,000, but 39 percent of owners spend about $5,000 to get their businesses up and running. The most common sources of start-up funding include:

  • Personal savings
  • Credit cards
  • Small business loans
  • Home equity loans

Taxes

Not every home-based businesses needs a federal employer identification number for tax reporting, but some home businesses can’t operate without one. If your business is a corporation or partnership, you’ll need to apply for an EIN) with the Internal Revenue Service. If you’re a sole proprietorship or independent contractor, you can use your Social Security number. You can still apply for an EIN, but it’s not mandatory.

You may qualify for special tax deductions for running the business from your home, such as the home office deduction. Your home office doesn’t have to be an entire room. You can calculate the percentage of your home that qualifies by measuring your work space and dividing it by your home’s total square footage. The percentage is the amount of your annual rent, mortgage, homeowners’ insurance and utilities that you can deduct because the space is used for your business, but it must be dedicated solely to your business — your family can’t hang out there.