Setting up your own small business from home is a great way to earn a bit of extra cash on the side and boost your monthly income. It’s not as intensive as owning a business with a big office and a load of employees and there are far fewer risks involved. That doesn’t mean, however, that it’s all plain sailing. Running any kind of business is a challenge and there are a lot of hurdles to overcome but a home-based business brings a lot of very specific challenges that you’ll have to deal with. These are the biggest problems with running a business from home and how you can get over them.
Customers always want to feel as though they’re dealing with a professional company but home based businesses often don’t give that impression. If your address is a home address and your phone number is registered to your house, that’s going to put some people off. You can get around that easily by using virtual phone services. Do a 1300 number search and find an available business number. You can then use virtual phone services that reroute this number to your personal home number or your mobile. It gives customers the impression that they’re calling a big company, not just your house. You can do the same with your address and rent a mailbox in an office and have the mail redirected to you. Make sure you’ve got a separate email address as well, using your personal one screams unprofessionalism. Image is everything in business so portraying yourself as a professional company will help you to get a lot more customers.
When you’re sat in an office you’re in a working mindset but when you’re at home, you might not be. Motivation is one of the biggest problems that people have when they’re working from home. If you’re ever going to motivate yourself to work hard, you’ve got to treat it like a normal job. That means setting up a proper office space separate from distractions in the rest of the house. You also need to set yourself proper working hours and go and work in there. If you try to sit in the lounge in front of the TV, you’re never going to get anything done.
Dividing Your Time
Dividing your time between different projects is easy when you’ve got a boss to tell you how to do it, or employees to work on different things for you. When you haven’t got either, it can be difficult to work out how long to spend on each task. A mistake that people often make is not devoting enough time to finding new business and focusing all of their time on existing clients. Looking after customers is important, but you won’t get anywhere if you aren’t finding new ones. The easiest way around this is to write a strict schedule and break the day down into distinct blocks. Switching tasks every couple of hours also helps you to maintain focus.
If you can get past these hurdles, you can make a good living running your own business from home.