When it comes to choosing the right business, there are a couple
of factors you must look at.
• It is your business! Listen to the advice from
anybody who freely gives it to you but remember that ultimately,
it is your business, and not anyone else's. You are the one who
has to work at it and make it work. Many people may say, "do
this or choose this business", but bottom line is when you
have to work at it day in and day out, you are the one who has
to deal with it. Not anyone else. Politely listen to their comments,
but make your own decisions.
• Do you want to have a home
office and have people visiting
you for example an accounting business,
or would you prefer to go out to meet
your clients like a home cleaning service.
In the latter case you can completely
operate from your kitchen table, since
no one will ever see your office. Deciding
whether or not you want a private office
depends solely on your choice of business.
• Are you planning on working your business full time
or part time? It is always recommended that you begin part
time while keeping your current job. This way if the business
does not work out for whatever reason, you will still have your
job to fall back on.
• What is your goal for your home business? How
much money do you expect it to make? Most businesses declare a
loss the first year or two of business. It is usually after this
time period that you actually start making profit. The important
thing is to keep your head up high and be persistent. If your
keep working hard at it, it will come.