Having a home based business has the potential to be a wonderful opportunity if you possess or learn the following attributes. It is best if you analyze yourself and face up to your individual circumstances and what your unique situation may be. You have the highest potential to succeed if you possess or learn the following attributes.1) You have to be bold enough to let your client’s know you will be working from your home. Most often because of the nature of your business they infer or know. If not, they need to know up front. Before they hire you, they can voice concerns and you can discuss them or better yet, they may have the kind of personality that does not mind working around the situations that may present themselves with your situation. This may be the very case, the more unique your skills and the more demand for your skills.2) You need to have the personality that can focus and stay on the task for your work, even if things are not perfect in the kitchen or the rest of your home. You need to commit to putting in the hours that it takes to make your home-based business work and work other tasks in after business hours. If you are easily distracted, this has the potential to cause problems and interfere with your success.3) You have to know when to go to Plan B. If you thought you could work with the children in your home and that is not working, the sooner you acknowledge it and do something about it, the better it will be for your business. You may need to have the children in child care for 4 hours a day, if that is what it takes to make things work.4) You have to set business hours that fit for you and stay with that commitment. If things easily “get in the way” you will end up not making a successful go of it. The working hours you have set need to be seriously “written in concrete” to allow your business to survive. Sure, there will be happenings with the children that require your time, but if it occurs frequently, things will not work out successfully for a home-based business.5) You have to use your time wisely. Most likely, the motivating force behind your decision to have a home-based business is to have more time with your children and family. When you are working during the business hours you have set, it is important you make the time work for you. Analyze your demands and work as efficiently as possible. Learn to do things more efficiently as you see what works and doesn’t work with your home – based business. Utilize all the resources around you and involve older children in those tasks that meet their maturity level. All will work for good.6) You have to stick to your goals. In the beginning, you will certainly have frustrations until you work out all the wrinkles. Remember the reason you wanted a home – based business, the clients that made it possible, and all the other goals you’re working on that have brought you to this point.This is a great opportunity! If you keep working at it and possess a positive attitude and tweak those things you need to make it all work out, your efforts will be crowned with success!
Real Estate Laws – Home Energy Efficiency Laws Bumping Up Against Property Rights
Many federal legislators never stop long enough to read the bills they are signing. This leads to unintended consequences. Take for instance the new home energy efficiency rules that were tucked inside the alternative energy spending bill. There is a clause in that bill that prevents homeowners from selling their property if they don’t have proper weather stripping and if their homes are not energy compliant. But if the homeowner cannot afford to upgrade, then they are not allowed to sell there home to the new buyer or the new buyer is not allowed to buy the home until things have been upgraded.
This obviously means there will be fewer home sales at a time when the real estate market is in the trash can, and it could lead to more foreclosures. It’s laws like this that don’t help anyone and while we may be helping ourselves to better efficiency in our energy usage, we are violating the personal property rights of the owners and getting in the way of the right of free contract which is guaranteed in the Constitution.
All too often the government gets in the way of private agreements and contracts in the free market, and each time they do their unintended consequences hurt the rights of citizens. Further, many homes were built, which are very old can never be fully energy compliant and therefore they will either have to be torn down or they cannot be sold.
What if the home is part of a probate proceeding and the property must be sold. What if the government ends up with a home due to property taxes not being paid? There are all sorts of ramifications of these laws and it just adds another layer of paperwork, and will cause further lawsuits in the future. Real estate laws are already complicated enough and personal property rights are something that we protect in the United States. Please consider all this.
Effective Marketing Strategies in Product Creation
Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.
If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.
Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.
For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.
No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.
There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.