| So you are thinking of starting a online business, but | | | | home based online business can be operated from the |
| not sure if it is the right thing to do. You may be thinking | | | | same room you have your computer in. |
| a conventional business (Brick and Mortar) might be | | | | 3. The chances are the only equipment you will need, |
| better and easier to accomplish. Let us do a little | | | | you already have. A computer and Internet connection. |
| research and check out the pros and cons of a home | | | | 4. Location does not make a difference. With a lap top |
| based online business and a brick and mortar business. | | | | and satellite connection you can run your business |
| Both have a lot of great potential to earn you a | | | | anywhere in the world. |
| excellent income. | | | | 5. You are able to take vacations anywhere and |
| The Conventional Brick and Mortar Business | | | | anytime. |
| 1. You will need to find a place that will fit your business | | | | 6. No need to worry about hiring employees. This |
| needs. This means you will have to rent, lease, or buy | | | | eliminates a lot of stress. |
| a place to get started. Keep in mind that on most | | | | 7. No extra insurance to buy because you are working |
| conventional business's, location is critical and can be | | | | from home. |
| the deciding factor on success or failure. | | | | 8. This also means no extra electricity, water, phone, |
| 2. Now that you found the perfect building and location | | | | and gas bills to pay. |
| you will need to invest in remodeling to make your | | | | 9. No capital needed for inventory. |
| new building fit your needs, whether it be for a office, | | | | 10. Business license is not required to get started. |
| restaurant, store, gift shop, garage, etc. | | | | 11. No experience required to start a home based |
| 3. If the electricity, phone, or electricity is not already on, | | | | online business. |
| you will need to put a deposit down to get them | | | | 12. Advertising for a home based online business is |
| turned on. | | | | easy. There are many ways to advertise for free or |
| 4. Capital for inventory and equipment that will be | | | | at a very low cost. |
| needed. | | | | 13. No emergency fund is needed. |
| 5. Let us not forget a advertising budget. You will need | | | | 14. You get to choose when and how long you want |
| to advertise your new business to let the public know | | | | to work each day. |
| what your selling and your location. | | | | 15. You can start part time and keep your current job |
| 6. Until your new business is able to show a profit and | | | | until you are earning enough to quit. |
| pay the bills, you will need to have enough money to | | | | There you have it. Hope this article has helped you. |
| cover all your business overhead, your wages, and | | | | Starting your own home business can be one of the |
| unexpected expenses for at least 6 months. | | | | greatest accomplishments you can have. It is not |
| 7. It is very important to have liability insurance, in case | | | | always all about the money, but the freedom of time |
| someone gets hurt or killed at your new business. A | | | | to spend with your spouse, kids, family, friends, being |
| law suit could ruin everything. | | | | able to do what you want to do and when you want |
| 8.You must apply for a business license. | | | | to do it. Also a remarkable feeling you get when you |
| OK, we now have our brick and mortar business up | | | | help others get what they want, whether it be a |
| and going. Great! Couple things we should think of | | | | product, information, or money. |
| when we get to this point. | | | | Starting your own online business is a lot easier than |
| Until you are able to hire employees expect long hours | | | | starting a brick and mortar business,but it still takes |
| and no vacations. If you are not there to run your | | | | work, time, patience, and the ability to think outside the |
| business, you are not making money. | | | | box. |
| The key is finding employees that you can fully trust | | | | There is no doubt that when you start in any business |
| and depend on to handle your business while you are | | | | you are going to run into problems (stumbling blocks). |
| away. I suggest to stay away from hiring family and | | | | But the 2 things you must remember is there is always |
| friends if possible. | | | | a answer to solve your problem and Never, Never |
| When you get past these hurdles, a brick and mortar | | | | give up. |
| business can be very rewarding and profitable Now | | | | Take a look at some of the largest companies online |
| you have a great tax write off, so make sure you | | | | today like Yahoo, Google, Amazon, and eBay that |
| keep accurate records of every expense related to | | | | didn't even exist 15 years ago. Think of all the |
| your business. | | | | problems that they had encountered. |
| Home Based Online Business | | | | Suggestion: Start your new online business out part |
| Now let us look at starting a home based online | | | | time and build it up until it surpasses your current |
| business compared to a conventional brick and mortar | | | | income by one and half times. Then decide if you want |
| business. | | | | to keep your present J.O.B. |
| 1. No building to rent, lease, or have to buy. | | | | The beginning may be a little rough but the ending |
| 2. No need to spend money on remodeling, your new | | | | makes it worth while. Good Luck! |