Starting your own craft center or home based business may be one
of the greatest ventures you have ever embarked upon, however it
may also be one of your worst nightmares if it is not done properly.
Owning and operating a home business requires plenty of thought
It is not a simple matter of quitting your current job and getting
started. This may be possible if you are living with Mom and Dad
and have no current bills to pay for. But as it is for many people,
there are bills to pay, food to place on tables and rent or mortgages
to cover. It is not like it can not be done otherwise, but a little
planning and preparing will always make matters a little easier
to work with.
Before you start your home business, there are two questions you
should ask yourself.
Where will you work?
Where you work from will depend entirely on the type of business
you have chosen. Say, for example, if running a basket making service
and use the Internet as your storefront, then you can operate your
business from the kitchen table since your customers will never
see your office. If you run an accounting service, where people
come to see you, then you will absolutely need to have an office.
Any room in your house can be easily turned into an office or workshop,
but it is best to choose a room that can be cut off from the rest
of the house. You will want the office to be somewhat soundproof
since you do not want your clients to hear your children arguing.
Also you want it to have its own entrance. Having this type of office
not only looks more professional but also gives you the feeling
that you are "going to work".
Another important factor is to have a separate phone line. Not
only will this prevent your children from answering with a goofy
"hello", but it will also keep a teenager from tying up
the line for hours at a time. A busy line can lead to lost clientele.
One line is usually enough to run your phone, fax and Internet (high
speed is recommend instead of dial up) if needed.
Will your business be full-time or
Unless you have a decent sized nest egg put away, starting
full-time is not usually the recommended. Most home businesses start
off part-time. Working part-time allows you to gain the experience
needed and gives you extra time to take any necessary courses or
classes you may need. In most cases, your business will dictate
if and when you should turn to full-time.
Working part-time while keeping your regular job also has another
major benefit. Most companies offer health insurance to their employees.
If you are not covered, just one medical emergency can send you
and your business headed for the bankruptcy line.