Having a business you can run from home has a lot of great advantages and conveniences, but it has a lot of potential pitfalls, too, if you don’t know what you’re doing. It’s easy to avoid falling into common home business enterprise mistakes, though, if you do a little research. Below are some good tips to help your home business flourish.
If you need the Internet for your enterprise, take advantage of tax deductions. You can write off the Internet costs, but if you use it as a home connection as well, you cannot claim more than 50% the cost on you taxes. Read the rules on the IRS website.
Can you describe what your work from home business does within the span of an elevator ride? If your business purpose can be summarized well in only a few sentences, it can impress prospective clients. Within this soundbite is also the base for your business slogan. After all, everything important about the business is in the soundbite.
While it is important to attract new customers, don’t forget about your loyal older ones. It’s not as hard to get new sales from happy customers as it is to get new ones. Happy customers will keep coming back for more.
Be sure to dress well. It can be easy to not put any effort in your appearance when working at home. You should dress up no matter where you work. This instills a certain discipline that is conducive to productive work.
Set a clear work schedule for yourself and use it to separate your home life from your business life. End your business day by setting a specific time to let the answering machine take any further business calls. It is important to set aside time for yourself, your family, and your friends.
Make a banner page for your web site. Not only do these banners add interest to a page, but they also give you an opportunity to trade links with complementary businesses. This affordable method of increasing traffic is simple and beneficial to all parties.
Write a business objective in a few sentences to give the details about your company. You should state exactly what your goals are with your business and what it is about. These few sentences should let people know what makes your business unique and what its goals are.
These ideas will help keep you on the straight and narrow when it comes to running your home business, so that you can put all your energy into successes instead of failures, and you can avoid making the standard mistakes that others have made many times before you. That will leave you with more resources to put into pushing your business into growth and profit.
There are tremendous opportunities for small businesses and social entrepreneurs to support their communities through community foundations, donor advised funds and other means of giving back. Find the neighborhoods in
Dallas, Texas where you can make the most impact on improving your community.