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WHAT DO YOU WANT TO DO?
Identify Your PASSION
Do your what you are
  GOOD at
Business
Hobby
HOW DO YOU START A HOME BASED BUSINESS?

Set up an office with desk, chair, and file
  cabinet
Use your cell phone (change messaging)
Create business cards
Network like crazy and pass out the cards
Consider whether you are going to do this
PT, FT, as a hobby
If giving up job, old employer might be a good
 start
WHERE SHOULD YOU START YOUR BUSINESS?

Obviously, at home!
Separate room with door is preferable
Set hours, especially if have family
Try to not take calls after hours
Set up PO Box for Privacy
WHEN IS A GOOD TIME
TO START A BUSINESS?
Write a BUSINESS PLAN
Have some monies set aside
Network like crazy
NOW is the perfect time
WHY START A NEW BUSINESS?

Freedom
No limit on how much money you
  make
Choose clients
Set own hours
RESOURCES TO GET YOU STARTED
Talk to Friends and Family – get their
  support and input
Go and see SCORE
Register your Business Name with the
  State
Create a Website
Put together Prospect List
Join LinkedIn and Start Calling Prospects
SET GOALS
Have a Yearly Retreat with a Revenue Goal
Set Monthly Goal
Number of Calls
Revenue Objectives
Set Weekly Goals
How many phone calls do you need to
 make?
How many appointments?
Close Ratio?
BIGGEST PROBLEMS WITH SMALL BUSINESS

Pipeline
Keeping Clients
Too Many Clients
Need to have Subcontractors
Be honest
WHAT ABOUT PRICING?

Figure out Your Total Costs
Figure out Your Value
Certifications
Education
Knowledge
Don’t Settle for Less
Worst Case: Break down current hourly
  salary and add 33% for benefits
WHAT ABOUT PROMOTION?

Business Card is Must Have
Dedicated Phone with messaging
PO Box
Website
Email Address that isn’t goofy
Use Google Analytics to Measure Goals
Join Professional Associations that make
  Sense

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Start Your Home Business

  • 1.
  • 2. WHAT DO YOU WANT TO DO? Identify Your PASSION Do your what you are GOOD at Business Hobby
  • 3. HOW DO YOU START A HOME BASED BUSINESS? Set up an office with desk, chair, and file cabinet Use your cell phone (change messaging) Create business cards Network like crazy and pass out the cards Consider whether you are going to do this PT, FT, as a hobby If giving up job, old employer might be a good start
  • 4. WHERE SHOULD YOU START YOUR BUSINESS? Obviously, at home! Separate room with door is preferable Set hours, especially if have family Try to not take calls after hours Set up PO Box for Privacy
  • 5. WHEN IS A GOOD TIME TO START A BUSINESS? Write a BUSINESS PLAN Have some monies set aside Network like crazy NOW is the perfect time
  • 6. WHY START A NEW BUSINESS? Freedom No limit on how much money you make Choose clients Set own hours
  • 7. RESOURCES TO GET YOU STARTED Talk to Friends and Family – get their support and input Go and see SCORE Register your Business Name with the State Create a Website Put together Prospect List Join LinkedIn and Start Calling Prospects
  • 8. SET GOALS Have a Yearly Retreat with a Revenue Goal Set Monthly Goal Number of Calls Revenue Objectives Set Weekly Goals How many phone calls do you need to make? How many appointments? Close Ratio?
  • 9. BIGGEST PROBLEMS WITH SMALL BUSINESS Pipeline Keeping Clients Too Many Clients Need to have Subcontractors Be honest
  • 10. WHAT ABOUT PRICING? Figure out Your Total Costs Figure out Your Value Certifications Education Knowledge Don’t Settle for Less Worst Case: Break down current hourly salary and add 33% for benefits
  • 11. WHAT ABOUT PROMOTION? Business Card is Must Have Dedicated Phone with messaging PO Box Website Email Address that isn’t goofy Use Google Analytics to Measure Goals Join Professional Associations that make Sense