Showing posts with label HOMEBASED. Show all posts
Showing posts with label HOMEBASED. Show all posts

Friday, 4 October 2013

HOW TO START A PROFITABLE HOME-BASED BUSINESS




In these days, it's becoming increasingly difficult to make ends



meet with just one source of income. Thus, more and more people



are investigating the possibilities of starting their own



extra-income business. Most of these part-time endeavors are



started and operated from the comfort and privacy of the home.





Most of these people are making the extra money they need. Some



have wisely and carefully built these extra income efforts into



full-time, very profitable businesses. Others are just keeping



busy, having fun, and enjoying life as never before. The



important thing is that they are doing something other than



waiting for the government to give them a handout; they are



improving their lot in life, and you can do it, too!





The fields of mail order selling, multi-level marketing, and



in-home party sales have never been more popular. If any of



these kinds of extra income producing ideas appeal to you, then



you owe it to yourself to check them out. But these aren't the



only fields of endeavor you can start and operate from home,



with little or no investment, and learn as you go.





If you type, you can start a home-based typing service; if you



have a truck or have access to a trailer, you can start a



clean-up/hauling service. Simply collecting old newspapers from



your neighbors can get you started in the paper recycling



business. More than a few enterprising housewifes have found



success and fortune by starting home and/or apartment cleaning



services. If you have a yard full of flowers, you can make good



extra money by supplying fresh cut flowers to restaurants and



offices in your area on a regular basis. You might turn a



ceramics hobby into a lucrative personalized coffee mug



business. What I'm saying is that in reality, there's literally



no end to the ways you can start and operate a profitable extra



income business from your home.





The first thing you must do, however, is some basic market



research. Find out for yourself, first-hand, just how many



people there are in your area who are interested in your



proposed product or service, and would be "willing to stand in



line and pay money for it". This is known as defining your



market and pinpointing your customers. If after checking



around, talking about your idea with a whole lot of people over



a period of one to three months, you get the idea that these



people would be paying customers, your next effort should be



directed toward the "detailing" of your business plan. The more



precise and detailed your plan - covering all the bases relating



to how you'll do everything that needs to be done - the easier



it's going to be for you to attain success. Such a plan should



show you start-up investment needs, your advertising plan, your



production costs and procedure, your sales program, and how your



time will be allocated. Too often, enthusiastic and ambitious



entrepreneur jump in on an extra income project and suddenly



find that the costs are beyond their abilities, and the time



requirements more than they can meet. It pays to lay it all out



on paper before you get involved, and the clearer you can "see"



everything before you start, the better your chances for success.





Now, assuming you've got your market targeted, you know who your



customers are going to be and how you're going to reach them



with your product or service. And you have all your costs as



well as time requirements itemized. The next step is to set



your plan in motion and start making money.





Here is the most important "secret" of all, relating to starting



and building a profitable home-based business, so read very



carefully. Regardless of what kind of business you start, you



must have the capital and the available time to sustain your



business through the first six months of operation.



Specifically, you must not count on receiving or spending any



money coming in from your business on yourself or for your bills



during those first six months. All the income from your



business during those first six months should be reinvested in



your business in order for it to grow and reach your planned



first year potential.





Once you've passed that first six months milestone, you can set



up a small monthly salary for yourself, and begin enjoying the



fruits of your labor. But the first six months of operation for



any business are critical, so do not plan to use any of the



money you business generates for yourself during that period.





If you've got your business plan properly organized, and have



implemented the plan, you should at the end of your first year



be able to begin thinking about hiring other people to alleviate



some of your workload. Remember this: Starting a successful



business is not a means towards either a job for yourself or a



way to keep busy. It should be regarded as the beginning of an



enterprise that will grow and prosper, with you as the top dog.



Eventually, you'll have other people doing all the work for you,



even running the entire operation, while you vacation in the



Bahamas or Hawaii and collect or receive regular income from



your initial efforts.





For more details on market research, business planning,



advertising, selling, order fulfillment, and other aspects of



home-based businesses, check with the distributor from whom you

Thursday, 12 September 2013

HOW TO START YOUR OWN HOME-BASED SECRETARIAL SERVICE




A new approach to serving one of the oldest and most basic



needs of even the smallest business community, a home-based



secretarial service can satisfy the entrepreneurial needs of even



the most ambitious woman!





This kind of service business with a virtually unlimited profit



potential. Third year profits for businesses of this type, in



metropolitan areas as small as 70,000 persons are reported ar



4100,000 and more. It's a new idea for a traditional job that's



growing in popularity and acceptance.





As for the future, there's no end in sight to the many and



varied kinds of work a secretary working at home can do for



business owners, managers and sales representatives. Various



surveys indicate that by the year 2,000--at least 60 percent of



all secretarial work, as we know today will be handled by women



working at home.





For most women, this is the most exciting news of things to



come since the equal rights amendment. Now is the time to get



yourself organized, start your own home-based secretarial service



and nurture it through your start-up stages to total success in



the next couple of years.





Our research indicates little or no risk involved, with most



secretarial services breaking even within 30 days, and reports of



some showing a profit after the first week! your cash investment



can be as little as $10 to $25 if you already have a modern,



electronic typewriter. You can set up at your kitchen table, make



few phone calls, and be in business tomorrow.





If you don't have a modern, office quality electric typewriter



comparable to the IBM Selectric--a portable just won't do,



because it'll break down, wear out, and fall apart after a month



of heavy use..If you're aware of this delicacy of a portable



electric, you can conceivably begin with one, but you'll



definitely have to graduate to a bigger, heavier machine as soon



as possible.





An IBM Selectric, complete with start-up supplies kit which



includes a dozen ribbons, can be purchased for less than a



thousands dollars. On the contract, this would break down about



to about $175 for down payment and monthly payments of less than



$50 per month over a 2-year period. Naturally, you'd want to



include the standard service contract which costs about $100 per



year, and means that whenever you have a problem or want your



machine serviced, you simply pick up the phone and call the



service department. They'll ask you what kind of problem you're



having, and then send some one to fix it immediately.





Shoestringers can rent an IBM Selectric for about $60 per mont,



plus a small deposit. And those of you who are really on a tight



budget, can contract an equipment leasing firm, explain your



business plan, and work out an arrangement where they buy the



machine of your choice for you, and then lease it back to you



over five or ten year period for much lower payments.





Whatever you do, get the best typewriter your money can buy.



The output of your typewriter will be your finished product, and



the better, "more perfect" your finished product, the more



clients you'll attract and keep. It's also imperative that you



have one of the modern, "ball" typewriters. Only these kinds of



typewriters give each character a clear, even and uniform



impression on your paper. Typewriters of the "arm & hammer" type



quickly become misaligned, producing a careless look on your



finished product.





As mentioned earlier, you can start almost immediately from



your kitchen table if you've got a typewriter. However, in order



to avoid fatigue and back problems, invest in a typing stand and



secretary's standard typing chair just as soon as you can afford



them. Watch for office equipment sales, especially among the



office equipment leasing firms. You should be able pick up a new,



slightly damaged, or good used typewriter stand or desk for



around $20 to $25. A comparable quality secretary's typing chair



can be purchased for $50 or less.





While you're shopping for things you'll need. be sure to pick



up a chair mat. If you don't, you may suddenly find that the



carpet on the floor of the room where your do your typing, needs



replacing due to the worn spot where the chair is located and



maneuvered in front of the typewriter. You'll also want a work



stand with place marker and a convenient box or storage for



immediate paper supply. If you plan to do a great deal of work



during the evening hours, be sure to invest in an adjustable



"long arm" office work lamp.





When buying paper, visit the various wholesale paper suppliers



in your area or in nearby large city, and buy at least a half



carton--6 reams--at a time. Buying wholesale, and in quantity,



will save you quite a bit of money. The kind to buy is ordinary



20 pound white bond. Open one ream for an immediate supply at



your typewriter, and store the rest in a closet, under your bed,



or on a shelf in your garage or basement.





In the beginning, you'll be the business--typists, salesman,



advertising department, bookkeeper and janitor, so, much will



depend on your overall business acumen. Those areas in which you



lack experience or feel weak in, buy books or tapes and enhance



your knowledge. You don't have to enjoy typing, but you should



have better than average proficiency.





Your best bet is selling your services is to do is all



yourself. Every business in your area should be regarded as a



potential customer, so it's unlikely you'll have to worry about



who to call on. Begin by making a few phone calls to former



bosses or business associates--simply explain that you're



starting a typing service and would appreciate it if they'd give



you a call whenever they have extra work that you can handle for



them. Before you end the conversation, ask them to be sure to



keep you in mind and steer your way any overload typing jobs that



they might hear about.





The next step is "in-person" calls on prospective customers.



This means dressing in an impressively professional manner, and



making sales calls on the business people in your area. For this



task, you should be armed with business cards (brochures also



help..), and an order or schedule book of some sort. All of these



things take time to design and print, so while you're waiting for



delivery, use the time to practice selling via the telephone. At



this stage, your telephone efforts will be more for the purpose



of indoctrinating you into the world of selling than actually



making sales.





Just be honest about starting a business, and sincere in asking



them to consider trying your services whenever they have a need



you can help them with. Insurance companies, attorneys and



distributors are always needing help with their typing, so start



with these kinds of businesses first.





For your business cards, consider a freelance artist to design



a logo for you. Check, and/or pass the word among the students in



the art or design classes at nearby college, art or advertising



school. Hiring a regular commercial artist will cost quite a bit



more, and generally won't satisfy your needs any better than the



work of a hungry beginner.





Be sure to browse through any Clip Art books that may be



available--at most print shops, newspaper offices, advertising



agencies, libraries and book stores. The point being, to come up



with an idea that makes your business card stand out; that can be



used on all printed materials, and makes you--your



company--unique or different from all others.





I might suggest something along the lines of a secretary with



pad in hand taking dictation; or perhaps a secretary wearing a



dictaphone headset seated in front of a typewriter. You might



want something distinctive for the first letter of the company,



or perhaps a scroll or flag as a background for your company



name.





At any rate, once you've got your logo or company design, the



next step is your local print shop. Ask them to have the



lettering you want to use, typeset in the style you like



best--show them your layout and order a least a thousand business



cards printed up.





For your layout, go with something basic. Expert typing



services, in the top left hand corner..Dictation by phone, in the



top right hand corner..Your company logo or design centered on



the card with something like, complete secretarial services,



under it...Your name in the lower left hand corner, and your



telephone number in the lower right hand corner.





Everybody that you call on in person, be sure to give one of



your business cards. And now, you're ready to start making those



in-person business sales calls.





Your best method of making sales calls would be with a business



telephone directory and a big supply of loose leaf notebook



paper. Go through the business directory and write down the



company names, addresses and telephone number. Group all of those



within one office building together, and those on the same street



in the same block. Be sure to leave a couple of spaces between



the listing of each company. And of course, start a new page for



those in different building or block. Now, simply start with the



first business in the block, or on the lowest floor in a building



and number them in consecutive order. This will enable you to



call on each business in order as you proceed along a street,



down the block, or through a building.





You'll be selling your capabilities--your talents--and charging



for your time--the time it takes you to get set up and complete



the assignment they give you. You should be organized to take



work with you on the spot, and have it back at a promised time;



arrange to pick up any work they have, and deliver it back to



them when it's completed; and handle the dictation or special



work assignments by phone. You should also emphasize your



abilities to handle everything by phone, particularly when they



have a rush job.





Establish your fees according to how long it takes you to



handle their work, plus your cost of supplies--work



space--equipment and paper--then fold in a $5 profit. In other



words, for half hour job that you pick up on a regular sales or



delivery call, you should charge $10...





Another angle to include would be copies. Establish a working



relationship with a local printer, preferably one who has a copy



machine comparable to a big Kodak 150 Extraprint. When your



clients need a sales letter or whatever plus so many copies, you



can do it all for them.





Only make copies on the very best of dry paper copying



machines, and only for 50 copies or less. More than 50 copies,



it'll be less expensive and you'll come out with a better



finished product by having them printed on a printing press. When



your furnish copies, always fold in your copying or printing



costs, plus a least a dollar or more for every 50 copies you



supply.





By starting with former employers and/or business associates,



many businesses are able to line up 40 hours of work without even



making sales call. If you're lucky enough to do this, go with it,



but-





Start lining up your friends to do the work for you--girls who



work all day at a regular job, but need more money, and



housewives with time on their hands. You tell them what kind of



equipment is needed, and the quality of work you demand. You



arrange to pay them so much per hour for each job they handle for



you--judging from the time you figure the job would take if you



were doing it, or on a percentage basis. I feel the best



arrangements is on a hourly basis according to a specified amount



of time each job normally takes.





Whenever, and as soon as you've got a supply of "workers" lined



up, you turn your current assignments over to them, and get back



to lining up more business. If you're doing well selling by



phone, and your area seems to respond especially well to selling



by phone, then you should immediately hire commission sales



people. Train them according to your own best methods and put



them to work assisting you. Your sales people can work out of



their own homes, using their telephones, provided you've got your



area's business community organized in a loose leaf notebook



style. All you do is give them so many pages from your notebook,



from which they make sales calls each week.





Even so, you should still make those in-person sales calls..If



for some reason you get bogged down, and can't or don't want to,



then hire commission sales people to do it for you..Generally,



women selling this type of service bring back the most sales. And



for all your commission sales people, the going rate should be 30



percent of the total amount of sale. Point to remember: Sooner or



later, you're going to have to hire a full-time telephone sales



person, plus another full time person to make in-person sales for



you--Eventually, you want workers to handle all the work for you,



and sales people to do all the selling for you--So the sooner you



can line up people for these jobs, the faster, your business is



going to prosper.





Later on, you'll want a sales manager to direct your sales



people and keep them on track, so try to find a "future sales



manager" when you begin looking for sales people.





Your basic advertising should be a regular quarter page ad in



the yellow pages of both your home service telephone directory



and the business yellow pages. You'll find that 50 percent of



your first time clients will come to you because they have an



immediate need and saw your ad in the yellow pages, so don't



skimp on either the size or the "eye-catching" graphics of this



ad.





A regular one column by 3-inch ad in the Sunday edition of your



area's largest newspaper would also be a good idea. Any



advertising you do via radio or television will be quite



expensive with generally very poor results, so don't even give



serious consideration to that type of advertising.





By far, your largest advertising outlays will be direct mail



efforts. You should have a regular mailing piece that you send



out to your entire business community at least once a month. This



is handled by sending out 200 to 500 letters per day. For this,



you should obtain a third class postage permit or else these



postage costs will drive you out of business.





Your mailing piece should consist of a colorful brochure that



describes your business. It should explain the many different



kinds of assignments you can handle--a notation that no job is



too small or too large--and a statement of your guarantee. Do not



quote prices in your brochure--simply ask the recipient to call



for a quotation or price estimate.





It's also a good idea to list background and experience of the



business owner, plus several business testimonials or/



compliments. You could also include a couple of pictures showing



your workers busy and actually handling secretarial assignments.



The most important part of your brochure will be your closing



statement--an invitation, indeed--a demand that the recipient



call you for further information.





All this can very easily be put together in a Z-folded, 2-sided



self mailer. Again, look for a freelance copywriter and artist to



help you put it together. Once you've got your "dummy" pretty



well set the way you want it, make copies of it, and either take



or send it to several direct mail advertising agencies. Ask them



for their suggestions of how they would improve it, and for a bid



on the cost if you were to retain them to handle it for you.



Listen to their ideas and incorporate them where-and if- you



think they would make your brochure better. And, if one of them



does come in with a cost estimate that's lower than your



independent, "do-it-yourself" costs, then think seriously about



assigning the job to them.





This is definitely the most important piece of work that will



ever come out of your office, so be sure it's the best, and



positively indicative of your business. This will be the business



image you project, so make sure it reflects the quality, style



and credibility of your business--your thinking, and your



success.





Your brochure should be on 60 pound coated paper, in at least



two colors and by a professional printer. The end result is the



Z-folded brochure--Z-folded by the printer--with your third class



mailing permit showing on the cover side. This cover side should



be flamboyant and eye-catching. You want your mailing piece to



stand out in a pile of 50 or 60 pieces of other mail received by



the recipient.





When you're ready to mail, simply take a couple of cartons of



your brochures to an addressing shop, have them run your



brochures through their addressing machine, loaded with your



mailing list, bundle them and drop them off at the post office



for you.





This takes us back to the planning on how to compile your



mailing list. I suggest that you begin with Cheshire Cards by



Xerox. You type the name of your addressee on the cards, maintain



these cards in the order of your choice, take your boxes of cards



to the addressing shop whenever you have a mailing, and there's



no further work on your part. The addressing shop loads their



machine with your cards, prints the address on your cards



directly onto your brochures, and gives the cards back to you



when the mailing is completed. A mailing of 100,000 brochures,



via this method--generally could be completed and on its way in



one 8-hour day.





In essence, you'll want to solicit business with a regular



routine of telephone selling, in-person sales calls at the



prospective client's place of business, media advertising and



direct mail efforts. All of these efforts are important and



necessary to the total success of your business--don't try to cut



corners or spare the time or expense needed to make sure you're



operating at full potential in these areas! In addition to these



specific areas, it would be wise for you to attend chamber of



commerce meetings, and join several of your area civic



clubs--you'll meet a great number of business leaders at these



meetings and through their association, you'll gain a great deal



of business--and even help in many of your needs.





Once you're organized and rolling, you can easily expand your



market nationwide with the installation of a toll free telephone



and advertising in business publications. Perhaps you can add to



your primary business with a "mailing shop" of your own--the



rental of mailing lists--specialized temporary help



services--telephone answering services--and even survey work..





The "bottom line" thing to remember in order to achieve total



success, is planning. Plan your initial operation through from



start to finish before you even think about soliciting your first



customer. Get your operational plan down on paper--itemize your



needs, estimate your costs, line up your operating capital, and



set forth milestones for growth.





Set profit figures you want to be realizing 3-months...



6-months... 1 year... 2-years... and 3-years from your



business start-up date. Learn all you can about the "support



systems" involved in operating a profitable business--planning,



advertising, selling, bookkeeping, and banking--and continue to



up-date your knowledge with a program of continuous learning. Do



your homework properly, an there's just no way you can fail with



a Home-Based Secretarial Service.

Thursday, 5 September 2013

BED AND BREAKFAST THE EASIEST HOME-BASED BUSINESS




There's an exciting new "down-home" kind of business springing up



among homeowners all across the country. It's called Bed and



Breakfast.





Basically, this is a transplant of European Hospitality, adapted



and refined to the American way of doing things. To foreign



visitors, it's the comfort and hospitality of home---staying



overnight "with people of the land" and enjoying a hearty



breakfast---without the traditional gaudiness and plastic



feelings visitors get from most big cities in the United States.



To U.S. citizens, it is a welcome alternative to the same old



hotel/motel circuit.





Now, all it takes is a spare bedroom, a good cook ad an outgoing



personality. Prices per night range from a low $25 to $100 or



more.





If you have an extra bedroom, a large home, or extra space in



your farm house, you have the necessary beginnings to start



making extra income as a Bed and Breakfast Inn. One of the



beautiful aspects of this idea is that so long as you're hosting



"overnight visitors" on a small scale no licenses will be



required. It's always best, however to check with your local



authorities just to be sure.





Naturally, your "visitors" will expect a clean, neat and



comfortable home. So assuming that your home meets these



prerequisites, and you have a spare bedroom, simply 'doll it up"



a bit. Make sure it's painted brightly, there's an outside



window, lots of room, closet space and bureau, and perhaps a



small writing desk, and a large comfortable bed, or twin beds.





Most foreign visitors will expect and appreciate a "quick tour"



of the interesting sights in your area. However, as your



particular popularity as a B&B Host grows, you'll find that a



lot of American tourists and business people on the road will



begin availing themselves of your hospitality. Certainly with



these people, it won't always be necessary to give the "Red



Carpet" visitors treatment.





Which brings us to the basic appeal of a Bed and Breakfast Inn.



Travelers seem to be looking for, and appreciate a quiet



"home-style" place to stay. Generally, they enjoy visiting with



the people off the superhighway and want to get away from the



sterilized atmosphere and sameness of hotels and motels.





Most people will either write to you ahead of time, inquiring



about the possibilities of staying at your home while in your



town or city. This means a bit of advertising on your part, or



listing your availability with a B&B broker. Some people will



check the local telephone listings, and the newspaper



advertisements when they arrive in a strange town. And some



people will just be driving across the country, come to a town or



city they think is interesting, and start driving through the



residential areas looking for Bed and Breakfast Inns.





Thus, you should have a small sign posed either in your front



yard or on the front of your house. This sign needn't be much



more than about two feet wide and about ten inches deep. It need



only state: BED AND BREAKFAST--Inquire Within or Call 123-4567.





For newspaper advertising, a similar listing in the personal



column of your local paper, particularly on Thursdays, Fridays



and Saturdays, will be all you'll need. But when it comes to the



yellow pages of your telephone and business directories, go with



a small display ad that describes in greater detail the comforts



and pleasures of your service.





Be sure to list your services with all the travel agencies in



your area. A brochure or a short synopsis of what you offer will



most assuredly give the travel agents an idea for steering



visitors your way. At the same time, listing your services in a



number of national travel magazines --particularly those that



cater to women--- will bring customers in for you.





Listing your services with a broker usually won't cost you



anything up front, but they will expect a certain



percentage--usually about 25% of the total bill. This same



arrangement applies with travel agents.





Now, suppose you're organized and ready to receive your first



customers. You greet them as host or hostess and offer to assist



them in getting situated in the room or rooms you have for them.



If they'd like to take a drive around your area and see the



points of interest, you do that. And then in the morning, serve



them a big, delicious breakfast.





You'll probably find that foreign visitors will want to stay



several days. With most people of this country who are just



travelling through your area, it'll be a one-night stopover.



Whatever, if they want to sleep comfortably through the night,



eat breakfast and be on their way, so be it. If they want to stay



around after breakfast and plan an itinerary for a compete visit



in your area, your assistance and help will be greatly



appreciated. (Remember those recommendations)!





That's it! The complete how and why of this tremendously



profitable business that's becoming more and more popular. It's



called Bed & Breakfast, and it's very definitely a low investment



idea. And you can parlay it into a very interesting and



comfortable income producing business--all from the comfort of