Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

One of the most successful micro-business in the market: Home-based business

By Samantha Kirk Subscribe to RSS | March 19th 2012 | Views:
loading
 
  



Home-based business has become very common recently and it is the most successful micro-business in the market. Now, people turn their talents, hobbies and interests into a useful endeavor in the form of home-based business and earn a satisfying profit. Gone are the days when hobbies were considered a waste of time by many. These are businesses unlike the others, started by people who enjoy doing a product or service or have skills in. It provides a flexibility to work around the family rather than the other way round when it comes to working for others. It gives the independence of being one’s own boss instead of reporting to others or being answerable to others.

Though there are a lot of advantages, a business be it small or big can started and run successfully and consistently only by someone who has the capability to organize, operate and take risks once in a while. A business cannot grow without taking any risks; it might end up in a successful profit or a loss, but it is difficult to grow a business without taking any risks. Though home based business may sound like a simple endeavor to many, it cannot be retained on a long term without the knack of doing business. In fact, in these businesses there is an additional problem of the inner circle. For example, family and friends who will demand for discounts whenever they buy things. The profit coming might be slow and might take a lot of time and people should be willing to be patient.

Before starting on a business from home, there are several facts that need to be considered. First and foremost is to see if there is a market for the particular product or service. There is no point in starting a business that does not have any or very few clients and the business may not be feasible if this is the case. This is the most crucial point to be researched before investing a substantial amount of money on the business. If it is an online business, then the main concern is the delivery. Having tie-ups with some of the best couriers is necessary. Next point to be considered is the feasibility of the project, if it can be run on a long term and the number of employees required running it effectively.

Apart from spending money on the raw materials and the making of the products, the next expenditure is on the communication. It is pretty hard to have and sustain clients if the communication lines are not great for communication, be it phone or internet. Now the costs can be cut by subscribing for deals and bundles which are provided by many communication providers like the Cox Communications. These deals not only work cheaper than individual connections, but also come with features and packages that do not compromise on the quality of the communication. So the main challenge of communicating with the clients is thwarted with the communications line more and more effective by many providers. So, investing on good communication providers is also important. It can be done at an economical price and the quality can also be retained.

Thus, a home-based business is not as easy as it sounds. There are many which had to be closed because of its dependency on one particular employee and the inability to run the company without that person. Whenever such businesses are started, control should be always with the person who started the business. If he starts depending heavily on one of the employees, then it becomes tough to run the business after he leaves. This is one of the biggest blunders made by many small-scale business men.

Samantha Kirk - About Author:
Samantha Kirk is a freelance writer and an active blogger. She also makes wooden jewelry which she markets and sells online with the help of Cox Communications which gives her an excellent internet package.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/home-business-articles/one-of-the-most-successful-micro-business-in-the-market-home-based-business.htm

Related Home Business Articles Subscribe to RSS

WordPress Development- Right way to give your business online visibility
Published by Veenawad on April 18th 2012 | Business
This article is all about how to gain visibility for your online business and create good websites w...
 
Could professional Kitchen Design Yorkshire help you get the best out of your home?
Published by Mary Porter on July 24th 2012 | Business
Here at Valentine Furniture we specialise in kitchen design Yorkshire and all of our kitchens are co...
 
5 Causes of obtaining a CCTV for your home
Published by Alicia Tan on August 8th 2012 | Business
And also hardwearing . house and it is belongings secure, use a CCTV at your residence. Obtaining a ...
 
Free advertisement by Service Uncle for your business only
Published by Uncleservice on April 14th 2012 | Business
Every business needs promotion, according to its services and products in targeting area. There are ...
 
Growth of the business depends upon the technology it adopts
Published by Oaktan Solution on April 18th 2012 | Business
Business Intelligence basically has various applications and also the technologies which are respons...
 
New Homes Orlando Fl - Buy your new dream home in Orlando Fl
Published by Seolncr on May 4th 2012 | Business
Most new home builders orlando fl, advertise incentives. But be assured, they don’t all advertise ...
 
Home sweet home for all the comfort of life
Published by Kent Wrotham on November 29th 2011 | Home Business
Everybody would like to have a home of their own. Choosing the right home at the right place is a di...
 
Sell your home in Keller Texas
Published by Dany on February 22nd 2012 | Business
Keller Texas is a place near to nature; once you go you prefer to buy a house to live. If you want t...
 
Selecting Online Mortgage Services – Five Points a Thorough Internet-based Consultation Could Reveal
Published by Amitaabh Saboo on May 23rd 2012 | Business
Owning a nice home is a dream that most people have. At some point some of them want to convert thei...
 
Managed printer service for your business
Published by Glyn Jones on December 15th 2011 | Business
If you own a small business, then you would have of course realized the advantages offered by the ma...
 
Hypo Venture Capital Headlines: Know the tricks to get business loan despite debt
Published by Hypo Venture on January 14th 2012 | Business
After the recent economic meltdown, many business organizations have incurred insurmountable amount ...
 
Choosing Commercial Refrigeration for business premises
Published by Mary Porter on June 16th 2012 | Business
Run a grocery store, café, patisserie or shop that sells food and drink and Commercial Refrigeratio...
 
Printing service: Helps get your business going
Published by Robert Samuels on January 2nd 2012 | Business
There has been an increasing demand for printed items. And this demand is not restricted only for bu...
 
Sound Headquarters is a South-African sound hire business with a crystal clear service
Published by Mary Porter on July 25th 2012 | Business
Sound Headquarters is a South African based business with its roots in the entertainment industry. O...
 
Compete to Win can provide you with superior business planning London
Published by James Blee on June 16th 2012 | Business
Founded in 1997 Compete to Win is a specialist consultancy that provides assistance in all areas of ...
 
Business Telephone Systems: the nerve center of your business
Published by John Kumar on December 17th 2011 | Business
A telephone system as commonly understood represents the service that is provided by telephone compa...
 
3 in 1 deals work the best when it comes to Home based businesses and freelancing!
Published by Samantha Kirk on February 27th 2012 | Business
Internet+television+phone are an irresistible combination. Who would not want the best connection fo...
 
Is business attorney is vital for running your business smoothly?
Published by Adli Law on April 3rd 2012 | Business
Let the technicalities of law must be handled by the professionals who adept in it and indulged in i...
 
Order fulfilment houses are the helping hand for your business
Published by Diego Hall on January 9th 2012 | Business
Handling a huge business alone is an impossible task and hence some works can be outsourced to other...
 
The right way to expand your business
Published by Meghnath Kumar on July 2nd 2012 | Business
The beanstalk call answering services have employed the qualified, skilled and highly professional v...