Success Tips for Home Business for beginner

Running a home business has many benefits such as flexibility, the ability to create your own schedule and even a tax break. This benefit is hard to beat, but growing home-based business is 'easy-to-hard'.

However, being a home-based business does not mean "stay small" or limit your odds. Actually, some of the most famous companies in the world like Apple, Hershey's and Ford Motor Company initially started their business as a home-based business. Then, 69% of entrepreneurs start their business from their homes.

If you have great aspirations and are looking for ways to turn your brilliant idea into tangible business that runs through your home, then you need a plan. Consider the following tips for starting and running your home business:

1. Evaluate your residence

Running a business from home does not mean your home is an ideal location. Probably, but maybe you need to adjust. Think about your current dwelling space and compare it with the business model you have in mind. If you have to meet with customers or employees, can you comfortably make it happen in your home? Is your home easy to find? Do you have adequate parking space?

Also, see if zoning and laws in your current location prohibit certain businesses or business types. If there is a suspension during this evaluation, moving to a home that is more suitable to run the business while living comfortably may be a good first step.

2. Saving and Preparing the Inventory

Once you are sure your home is ready to run the business, it's time to focus on your actual office space. First, make sure you have a specific area that is suitable for doing business. Maybe you can equip your home with office. If not, consider dividing a certain area from a larger room, Separate a spacious room with a wall cabinet to create an office space. Or even you can turn your garage into the office of your dreams, like the big businessmen who are famous today

Also, think about the supplies you need to do business. Everything from furniture to office supplies should be considered when you are budgeting the initial costs. Check what you need in the future, and look for ways to save. Services like Amazon's Subscribe and Save allow business owners to save a certain percentage of ongoing purchases, so you can save a significant amount of money in the long run.

While preparing supplies, think about the brand for your product. Personal branding is just as important for home-based businesses as it is for big companies. Look at investors in marketing materials that carry your logo and create a website. They also do the same thing. Consult with the designer if you are not sure where to start.

3. Set your schedule

You may dream of flexibility in your business. But if your business is new, then to get it requires hard work. To organize your schedule, consider:

• How many hours per day do you need to keep your business up and running.
• What is your current schedule like? What can you rearrange, and what will you plan to do?
• When you work best. Are you a morning person or a night owl? When do you feel the most efficient and focused work? For most adults, the answer to this question is in the morning. Plan your work on your most productive working hours.
• When your customers and business partners are available. If you work most productively in the middle of the night, but you should contact your customers or major business partners during normal business hours, this may be difficult.

Once you have considered all the important factors listed above, create your actual schedule. Mark it on your calendar and share it with your family and friends, so they understand that you're really working. Even if you are at home, yet beneficial to everyone.

4. Get your book straight from day one

Here is the problem. Running a business from your home is certainly equipped with many tax benefits. However, there are still penalties for failing to comply with the tax laws and failing to report the right level of income. To avoid this, consider investing a comprehensive tax software from the early stages of doing business to keep your business book straight, or start working with a tax accountant. Ensuring that your operations are in compliance with government regulations will protect your business in the future.

5. Consult a business attorney

Just like government regulations, there are many laws that apply to home-based businesses. This is especially true if you are going to use a contractor or hire an employee. Missteps or omissions can damage your business. Consider looking for a reliable business lawyer in your area and ask for a consultation. A lawyer can help:

Setting up the right structure -> LLC, corporation, partnership or other options. Make sure you have the appropriate documents for each employee. Determine whether a person should be considered a contractor or employee. Ask the right questions and provide feedback to ensure you are moving forward according to the law.

How to get business funds without a bank loan

"WANT TO OPEN OWN BUSINESS, BUT DO NOT HAVE FUND? MAJOR LOANS IN BANK, FEAR BUSINESS YET SUCCESS BUT HAVE BEEN SUBJECTED. SO, WHAT SHOULD I DO?"

Making a decision between choosing to open a business or work is certainly not an easy thing. Both are equally good and can advance your thoughts and financial needs in the future. However, as the rapid development of the era, the thought of opening a business increasingly 'poison' young children who still or have graduated from school.

You may have a big idea to open a new business or start-up. You may need a website, some staff, some office space, and of course, at least have enough money (funds) to finance your business.

Which means you need money. Whether it's for a cool new app or setting up a grand cafe, most businesses and most entrepreneurs need at least a small amount of money to actually start a business.

Here we will discuss 4 ways how to get business funds without loan.

1. For those of you who are already working, do a bit of drainage by setting aside $20-$100 per month.

Setting aside some of the income you earn per month is the easiest and closest way if you are able and diligent in living it. Similarly, you are still in college, you can set aside pocket money per month. A little bit of trimming and careful in managing the money should be practiced at this stage. If necessary, separate the money for the essentials and saving your future venture funds in an envelope.

2. If collecting $100 per month is still difficult to do, try the trick 'a day a hundred' in order to complete the intention of entrepreneurship.

At first glance, this one trick looks impossible and rarely works, huh? Wait, dont misunderstand. With the 'day one thousand' way that you regularly do, small funds for the dream business is not impossible anymore.

3. Still hard to save money?

Relax, be the second hand that sells the goods back from the distributor. For those of you who can not save money and save money, tricks into second hand or reseller can be practiced. By utilizing the digital era that has started 'viral' in all circles, you can find out which trusted distributors are in need of a reseller.

Resellers of fashion products for example, with a profit of $1-$2 per item only, you can collect funds from now. Do not forget, first prepare gadget and ATM which will be needed in every step become reseller. If the profit is too little, just try to become a reseller of mobile phones or other electronics whose profits can reach hundreds of thousands per transaction.

4. Among your many friends, there must be one who intends to become an entrepreneur.

Take advantage of this opportunity to start a joint venture system. Ever heard of a joint venture? Yes, the profit-sharing system that begins with the funds money collected together. No need to fear for loss or failure, doing business with close friends is certainly more tempting and reliable. Collect the amount of money you have then discuss it to determine what effort you will build.

"Then what if I just have the funds and my friend just have the skill?"

Well, if by chance you who have some funds money and your friends have the skill or ability of his business, it's okay. It also can still be categorized as a joint venture between friends. Build a trust system and good deal profits from the start as it is useful to avoid disputes between friends.

Without troublesome parents, it's not hard not to be a young entrepreneur with his own funds?

3 smart business ideas nowdays you can try

Millennials face financial barriers when trying to start a business, including higher student loan debt and lower starting wages than previous generations.

These challenges, cited in a 2016 survey by business services firm EY and policy organization Economic Innovation Group, are making it difficult for young people to become entrepreneurs.

Less than 2% of Millennials were self-employed as of 2014, compared with 7.6% for Generation X and 8.3% for baby boomers, according to the U.S. Small Business Administration.

But entrepreneurship is still possible for Millennials, defined in this article as adults under 35: Here are three smart business ideas that match up well with the skills, interests and passions of many in this generation — along with the experiences of a few who have used them successfully.

1. Social media coaching or training

Social media is second nature to Millennials: 88% of people between the ages of 18 and 29 used Facebook every day in 2016, compared with 62% of those over the age of 65, according to a Pew Research Center study.

Social-media-savvy Millennials can turn those skills into a business teaching small businesses and others how to use digital tools to stay relevant in the marketplace.

Success story: Tracy Samantha Schmidt, 32, is a social media educator and digital marketing consultant. She says social media coaching is a low-cost, potentially lucrative business idea because it can lead to other opportunities in digital marketing.

“[Clients] may realize they need an email marketing person, a web designer, a blogger, a copywriter,” says Schmidt, a former journalist.

For social media coaching, a reasonable rate to charge is $50 an hour to start, according to Schmidt. “I know a lot of people who go for that rate,” she says. “Executives are willing to pay up to $200 per hour, but they’re going to want someone who’s done it for corporations and has credibility.” The amount you get may depend on the market where you live.

2. Nonprofit organization

Starting a nonprofit could be a good match for a socially conscious Millennial: 88% of Millennials say a job is more fulfilling if they can make a positive impact on social and environmental issues, according to a 2016 study by Cone Communications, a public relations and marketing agency.

While a nonprofit fulfills a social mission, it’s also important to operate it as a business and diversify sources of income, says Sarah LaFave, 28, a registered nurse who co-founded Lori’s Hands, which connects college student volunteers to people living with chronic illnesses in Newark, Del. She named the nonprofit after her mother, who died from breast cancer while LaFave was a high school freshman.

“We spend a lot of time thinking of new and creative ways to bring in funds so we’re never depending on a single source,” LaFave says.

Success story: Growing up working for his family’s moving company in New Jersey, Adam Lowy, 31, was bothered to learn that so much nonperishable food gets thrown away during a move. After donating to his local food bank, he learned that thousands in his county didn’t have enough to eat.

That experience led Lowy to start Move for Hunger, which works with moving companies to donate unwanted nonperishable food. It has delivered over 7 million pounds of consumables to food banks across North America since 2009.

“I feel like I’ve been able to make a difference in people’s lives, and to me that’s way more rewarding than any paycheck,” Lowy says.Identify a problem and come up with a solution the market has yet to find, just like you would try to do with a for-profit business, he says.

3. Subscription-based product or service

Millennials love their subscription services: 70% own a product subscription, such as Birchbox or Dollar Shave Club, while 89% own a service subscription, such as Netflix or Spotify. That’s more than any other generation, according to a 2017 study by payments processor Vantiv.

Young entrepreneurs can tap into the demand for subscription services to launch a business.

Success story: Ryan Perlowin, 29, is the founder and CEO of My Happy Plates, which delivers customized weekly meal plans and recipes via email. The subscription-service business model carries benefits for both entrepreneurs and customers, he says.

Many subscription services (My Happy Plates included) offer free trials, so customers can try them out and cancel at any time.

You can validate a business idea much faster and cheaper, and get valuable feedback from customers to incorporate into product changes, he says.

“Get a basic version of your product going without spending much time or money, and see if people adopt it,” he says. “If the problem is there, and you can validate that this is a real problem that you’re solving, you have to go for it.”

(source : ustoday).

Profitable businesses nowdays for beginner businessman

The analysis in the previous year's data, as well as the government agenda as well as the state of the economy globally and nationally is an important consideration that you should know.

There are so many people who are vying to be successful entrepreneurs. Young people know even beginners do not seem to want to miss. They are encouraged to develop the business world and earn a big profit for the achievement of common prosperity.

One thing that concerns in determining a business is seeing the prospects of the business whether it can last long or seasonally. But unfortunately not a few of the business actors still ignore this.

You certainly do not want to experience the same thing well now to the future, because it is important to be able to see the prospects of the business you will choose whether to promise for the future or just a booming business season like franchises or fractions that tend to be big fast but if the consumer is bored then the business becomes withered.

Bad threats that occur to local entrepreneurs are very large, especially if the business opportunities developed less competitive, it would be rolled bankrupt mats as well as several textile mills that close because of cheap imported clothing from China.

But at least there are still some businesses whose potential is still very good in the future, which we can develop because of potential market competition is still quite small. What are the promising business opportunities?

1. Culinary Business

Culinary business is a business field that there is no death, from month to month to year to year.

Why? because food is a basic human need that can not be released. But to be able to survive in the culinary business is also required creativity and innovation continue to take care. The more creativity about the culinary you have, the more customers are always curious about the culinary menu that you serve.

What kind of culinary opportunities? You can run like making snacks, opening catering, shop tents, etc. Do not forget to be consistent and never give up in running this culinary business.

If the food menu served has a delicious taste, your business name will also spread by itself. The culinary business itself has several categories, ranging from snacks, drinks or staples. All of these have good prospects, depending on how you pack them.

2. Business Business Online

The best other business opportunities of all time are related to the internet. The growth of internet users in Indonesia is a new business potential worthy to be reckoned with.

Even with since Facebook and Twitter make Indonesia including internet users of the world's top five. With an online business opportunity will be very good if developed on social networking. Although there is already Facebook and other sites, but sites that are local will better understand the desires of its users in worldwide.

You can run the business. Like opening an online fashion store, selling in bukalapak or tokopedia, as a dropshipper, affiliate, or service of writing website content and others.

3. Business Field of Fruit Plants

Why cultivation be one of lasting business opportunities? The reason is simple, because there are so many who need but few who do.

You can see for yourself in real life, fruit crop enthusiasts are very much. In contrast, fruit cultivators are still very few because it takes patience and patience to run this business.

4. Education Sector

Education is the main capital for the development of every nation. Because of the importance of education for a nation, and it turns out that the existing facilities in Indonesia are still minimal you can take advantage of this opportunity.

There are so many categories in the education business that you can use. For example some examples of businesses that can be opened such as tutoring services particular subjects, etc..

that is some prospect of a profitable business opportunity in the future. Choose also profitable business in the future in the field in accordance with the ability that you have.

Best marketing strategies for small businsses nowdays

Today's business is a very attractive profession. Many of us want to aspire to be a businessman. Whereas in building a business, we need a lot of things that need to be done. Starting from hiring employees, inventory companies, and many others. One of the obstacles in starting a business is marketing that is not right on target. In a business, marketing is vital and must be done. Nowadays marketing can be a very easy thing, it could be a difficult thing if you do not know the trick.

One of the most powerful marketing strategies today is digital marketing. Today almost everyone has a smart phone and almost all have it. So digital marketing can make your small business grow.

Here are some tricks you can apply. Adapted from thebalance.com page.

A digital marketing strategy is an important part of the overall marketing strategy of a business. This is true whether or not a company is doing business online. It is also true for a small, medium or large size company but especially true for a small company. Small business marketing for a local company can include many offline local advertising methods but needs to include a healthy portion of digital marketing strategies to be successful and maximize sales in today's economy.

Search Engine Marketing

This portion of marketing is critical for a small business. It gives you a chance to compete with larger companies by being visible in search engines. Since people use search engines to find products both online and locally, it is important that your company place high in search results for words that relate to what you are selling. Professional Internet marketing firms offer this service under the name of search engine optimization.

They can make sure your site is visible to those looking for your product when using a search engine.

Local Search Marketing

This includes website optimization for search results, but in addition, integrates a search engine's function of maps. This is especially true with Google, where your business can be listed with mapping and address information, giving a prospective customer what they need to visit your establishment.

Your phone number and website address can also be listed. Customer service will often be available to help someone decide if they are interested in your product or service.

Content Marketing

This strategy revolves around giving a prospective customer information about your product or service, as well as information in general. Everyone is trying to sell, but those that can inform are more likely to get sales. People will attribute a certain level of expertise to a company, and this instills confidence in the consumer. Content marketing in the past was often done with printed brochures and guide books, but today, this can be done with articles and other forms of information on a business's website.

Social Media Marketing

This type of marketing can be tricky. Everyone talks about social media, but the truth is, it can be difficult for companies to integrate social media with their business. The type of media used, as well how it is used, is dependent upon the type of business you have. For some companies being in touch with their customers and giving them breaking news can be an important element of success.

Other business, such as a local restaurant, have seen success using social media by letting customers know of the latest specials and new additions to their menu.

The most important aspect of social media is to use it to strengthen your customer base to achieve repeat sales.

Email Marketing

This form a marketing is crucial to a small business online or offline. Essentially email marketing is about building a list of customers and prospective customers. This list of names and emails are people who are interested in your business, and you know this to be true because they have opted into this list themselves.

Perhaps they were offered future updates on products as well as coupons to sign up. As this list grows, it becomes more valuable. In fact, many marketing professionals consider this to be, in the long run, the most important small business marketing strategy in the long run.

If you have a small business, you need to take the above five areas of digital marketing into consideration.

Formulate a plan, and combine it with your other marketing efforts. Some of these areas of marketing will be more important and effective, depending upon your business. All of them you can have professionals help you with or outsource if you don't have the manpower to handle it. ​

Online marketing strategies that are often outsourced include social media, search engine, and local search marketing, because unless you have time to dedicate it's difficult to stay on the multiple changes that transpire when it comes to strategy. With content and email marketing, you can do much of it yourself, but it never hurts to ask experts for strategy advice to help get you started.