Guidelines on setting up your Etsy Shop

I have always loved handcrafted items because of the time it takes to create it. I believe that handmade goods always show the creativity of the maker. One of the reasons I love things that are crafted is because they are usually unique, it’s not found everywhere like Mass produced stuff.

While I have no problems with Mass produced things, I mean how else can the world’s needs be serviced with just hand crafted goods, we will run out of supply.

The uniqueness, the time spent making it and the loveliness is what often attracts me to things that are hand crafted. That’s why my today’s post is about Etsy an online platform that gives opportunity to people to sell their created stuff.

Etsy.com is an online retail platform that allows artisans to sell their hand made stuff, they take care of the ordering, payment processing and notifications so that artisans can focus on creating products for sale.

I have always been a fan of ethnic jewelry, so whenever I see a beautifully made one with precious stones, I want to have it because it speaks to my emotions. One of the things that you should strive to do as an Etsy seller is to speak to people’s emotion, when you do that. There is no price they will not be willing to pay. If you want to set up an Etsy Shop, here are a few guidelines you might want to consider.

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Guidelines to setting up your Etsy Shop

Product

Before ever you decide to open a shop, the very first thing that should occur to you will be what do I sell? What kind of products do you make? Be it jewelry, crocheted clothing or whatever you decide, it has to be something you will be willing to make continuously without getting tired. It should also be unique.

I once had a neighbor who made custom made clothing but the beautiful thing about her own clothing was the beautiful beads that she used in decorating the clothing. It made her clothing line unique and people always sort her out to buy them. Therefore whatever  your product is, ensure it’s something that is so unique that people will seek out to buy them, after all that’s the reason people will come to etsy, to get unique stuff that you can’t find in every day shop. If you make it worth their while, you will get repeat purchases

In making your products, it will be nice to have sets of products that go together to encourage more purchase. For instance instead of just making an earring for that design perhaps you may consider making a matching necklace and bangle or anklet, that way when people like the earring, they may consider buying the matching set. The accompanying set increases how much they will spend much more than if they were just buying one item.

Research

Check out other Etsy shops and look for the top sellers to know what makes them standout and that way you can know what to add to your own shop. In doing your research, check out the arrangement of their listings and what is working on such shops. You can also use the site craftcount  to check out the best shops on Etsy and see what is working for them, that way you arm yourself with ample knowledge before you set out.

Research also has to do with checking out items that collaborate with what you are going to sell, see how you can collaborate with those who make those complementary items and figure out how to ensure that you have such goods in your shop, that way you sell more and it’s a win- win for everyone. Here is an example, if you sell jewelry and you see a shop that makes custom made purses that you could match with your jewelry, you could reach out to the purse maker and collaborate by listing their own products too on your shop, when you sell, they can fulfill it and give you a commission for the sales.

Terms of Engagement and Rules

The next thing you need to check out is the terms of engagement before you start selling, Etsy is a platform provided by someone else, it’s like renting shop  space so you must be prepared to abide by the terms of engagement of the Landlord. This will enable you avoid problems later on. Ignorance is no excuse, you don’t want your shop being shut down after you have started gaining traction, so ensure that you know the rules very well and play by them

Cost and Pricing:

Before you go into the business of selling, ensure that you know what your total costs are and how you intend to factor it into the final sale price. Don’t forget the fact that you need to input the listing price of your products, another very important cost is the cost of shipping which we shall discuss later in this article.

Remember you are in business to make profit so ensure that you calculate your costs in such a way as to turn a profit. Without a profit, you will go out of business.

Another cost that you need to remember is the cost of marketing you store, just because you are on Etsy does not mean the whole world will come to you. It will cost you some amount to get people to come to your shop via advertising.

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Payment Platform:

Before you get off to running your shop on Etsy, you need to choose a payment gateway. A payment gateway is a platform that allows buyers to pay you for your goods. A good platform I will recommend is: PAYONEER  , they help you receive payments from all over the world and you can easily withdraw your funds from a local bank or ATM as you choose. Another popular platform is PAYPAL, You may want to have various options so as not to limit buyer’s choices when it comes to paying you.

Shipping:

You will have to decide what shipping services to use, this is because it constitutes part of your sales cost if you are offering free shipping, and some people choose to go with USPS because of their flat shipping rates regardless of where you are sending your products to. You can also make arrangements for pick-ups so as to avoid running to the postal agency each time you make a sale.

Stock your shop

Ensure you have a good stock up on your shop before you go online, no one is advising that you hold large inventory but you can be moderate in such a way that you don’t run out of products especially if you are preparing for a launch or opening day, you don’t want to run out of options when people start ordering for products.

Marketing:Under this marketing tab am going to discuss, several topics because I think they go together namely; Naming your shop, Branding, product description and Photography.

  • Name: What is in a name and how does that affect your brand? when you are picking a name for your shop, you want to pick a name that resonates with what your core values are and also works with the brand you are trying to create, sometimes people can get stuck in trying to come up with a name, but you can choose to make it easy for yourself by coming up with a name that you will be building your brand with. Etsy is a marketplace so most times people don’t look at shop names when they buy but you also want to choose a name that easily comes up when people are searching for products in your niche. I love the idea of people building a brand around their names because it makes one unique. If you decide to start a blog later around your line of products, it will work perfectly for you. If you find that you keep getting stuck on getting name, just choose a name you can always change it just before you launch.
  • Branding: When you are starting out, branding may not mean much to you, but you have to keep in mind that as you grow, you want to have a uniqueness that is attached with your products, that is where products design, logo and way of presentation matters. If you had like to design logo but don’t know how to, you can outsource it on Fiverr and you will have your designs before you know it. Fiverr is an excellent outsourcing platform where you can find all kinds of digital services starting from as low as 5 bucks.
  • Photography: People will buy what they like especially when it speaks to their emotions. You can invest in a good DSLR camera or you can use your IPhone if you have one to take quality pictures of your products. Remember to keep the background plain, so as to use contrast to bring out the beauty of your products.
  • If you have neither of these, good old camera on the phone will do but ensure you have enough light to make your product stand out against the background. I always love using white plain background if it is a dark jewelry to showcase the product. Remember that the use of props such as jewelry hanging case will make all the difference. You can also place pictures of models wearing what you have made to increase its appeal.
  • Product description: No matter how good your products, its description that will make it easy for your clients to find you. So you want to research for keywords that people use in your niche in other to use it to optimize your store so that when people are searching your products, it easily comes up. Product description is like the modern day direction for a brick and mortar store.
  • Launch Day:  Do all you can to let people know you are open for business. Spread the word, pick a date that you will be launching your shop, if you have friends who are bloggers, you can ask them to write a feature post for your shop on their blogs or mention you in their Facebook or twitter handles.

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Finally, tell people about your store using the various social media options we have, I think Pinterest will make a good one because of the fact that it has to do a lot with pictures, don’t forget Instagram and the likes. Tweak and find out which social media option is working for you and use it to your advantage.

 

REVEALED!!!!!! 6 EASY STEPS TO TRANSITION FROM A STAY AT HOME TO A WORK AT HOME MOM

SO you are mom who is currently working now, you earn good pay but you agonize over leaving your little ones at home every day to go to work. You wish you could spend more time with them as the days go by.

You may also be a woman who just got pregnant and you just discovered that the paid leave your company is offering you will not be enough for you after you put to bed.

Worse still your company just told you that they don’t offer paid maternity leave and you are at loss what you are to do, How do you save your career and still be a good mom. Why can’t the employers understand that women will have to give birth and that having and taking care of kids requires time?

The next scenario could be you are a stay at home mom who took that option in other to be with your kids but you are dissatisfied because you now depend on your hubby’s income to live. it has made finances tight and you are considering going back to work a 9-5 in other to augment but then you are wondering how to-do it, your skills have not been updated since you left work. Besides you doubt you can get the job that will pay you as much as you were earning before. You have even tried applying in different places but what you are being offered does not make it enough for you to leave home.

So it’s like a catch 22, you want to do more to earn more but you can’t because you will be paid less which will make working not worth it

Well if you are in one of this dilemma, then you are in that same place where I was before I made the one decision that changed my life.

 

I WANT ACCESS TO THE FREE EBOOK NOW, ENTER YOUR DETAILS ON THE SIDEBAR IN THIS BLOG.

 

This EBook I wrote which I am willing to give away for free is what I did to ameliorate that problem

I have been in that situation, in fact mine was complicated with health issues and a miscarriage before I made this one decisions that changed my thinking about work and how to balance family life with what I do without sacrificing one or the other.

  • Imagine what your life will be like if you don’t have to rush out the door every morning on your way to work while carrying your kids off to a daycare.

  • Imagine that you can afford to be there for your kid’s school games and other requirements of your kid’s school without having to take excuse from work always.

  • Imagine that you can take care of your kids when they are ill as much as you want, you take them to the doctor’s office and also be there to tend to their needs without wondering if your constant leave requests will affect your next promotion.

  • You don’t want to take up that responsibility which will help your career move forward because you know you will not be able to deliver on it due to the pressures from home.

  • Think of the fact that you will not take work to home anymore because you had to leave work early to meet up with your nanny who had to leave earlier than scheduled due to an emergency

  • You won’t have to fly off the handle when your nanny suddenly cancels on you without prior notice.

  • Think of the fact that you won’t have to be looking for who will help you out with the kids when your daycare center has an emergency and has to close down without notice for repairs.

Does this different scenarios apply to you? Does it ring a bell to you?  Then you have to read this free eBook

 

  • »I WANT ACCESS NOW TO THE FREE EBOOK, SCROLL DOWN TO ENTER YOUR DETAILS BELOW

 

  • It will give you the required strategies you need to make the decision to work from home

  •  You  will get a step by step guide of what you need to do in other to start up

  • I know you may have read different books but they ended up leaving you confused, this one book simplifies the whole matter, it’s not rocket science, it is simple , just follow the guide and you are good to go.

  • The Free eBook will help you discover your passion and help you find ways to convert your passion into a business in other to make money from it

  • The book will provide you with links and resources you need to get started with running a home business.

  • It will give you links to sites where you can get stay at home jobs to do in other to shore up yourself before you take the plunge into starting a home business.

  • This book will provide you with a simple plan you can follow in other to have a business plan ready before you start off. Just a simple one page plan that will help you put your passion in focus as a business before you start.

  • It will teach you different ways to make money from home so you don’t have to leave your home to get the money you need to meet your needs.

There are more benefits to this book, and I know you will be wondering how much this book cost

Well here is the wonderful part, it costs you nothing in dollars just your EMAIL

The book is FREE, all you have to do is to subscribe to our mailing list and we will send the eBook to your mail.

The second thing we will require you to do if you liked the book is to tell your friends about it and ask them to subscribe to our mailing list in other to get it.

We will not like you to mail it to them, it will be against our terms of releasing the book to you for free

So go ahead subscribe and we will mail you a copy of our book as soon as we get your contacts.

Subscribe Below and get access to your FREE EBook.

7 Helpful Tips for the Home business owner and a Free Ebook

 

Helpful Ideas For The Home Business Owner

When I set out to start this Blog, I was determined that I will make impact in the life of every stay at home mom who wants to launch a Business. I have been doing that for a while, it has not been easy but I will stick with it because it’s all about making taking people from where they are to where they want to be. A stay at home mom that has sufficient income to meet her needs and still take care of her little ones.

I strongly believe that the impact of mom on her kids surpasses what money can buy, and the time to make that impact is now because once they have grown the chance will not be there anymore. Therefore if you have been thinking of running a home business to support your lifestyle, you are in the right place.

Running a home business is an exciting venture. It can be a little scary, too. There are so many things to learn and to coordinate. You have to figure out a daily routine, keep improving your skills, and take care of lots of paperwork. The helpful tips in this article can make these tasks and many others a lot easier for you.

 

Talk about it: You should be able to talk about your business plan and goals in a few sentences. If you’re able to tell others what your business is about in a couple of sentences, you can impress people when you’re speaking with them. Cover the areas that your business can improve to build credibility with customers.

Get a Website: If you are running a home based business, you need to have a domain name and a website. Even the best websites will still look unprofessional if they are hosted on a free web-building site, so here is cheap domain hosting service that is easy to use and costs a little monthly payment. click here to secure a self hosted website : Sign up now for hosting! .Domain names are relatively cheap. Pick one that’s related to your business and you will undoubtedly see an increase in sales.

 Act The Part: Running a home business can be a difficult task if you do not take it seriously. In order to succeed at working from home you should act the part, have a space dedicated for work and work only, and have a set schedule. This ensures that business actually takes place when you are at home.

BRAND IT: Use an online service or software to design a matching set of postcards, fliers and brochures to send out to customers and prospects. Look online for printer suppliers that offer an interface that allows you to add text to one of their existing designs, or upload your own. Choose a design as your “brand,” the look and feel you want people to identify with your business.

Give it time don’t chicken out soon: All young businesses take quite a bit of time to really get up and running. Because of this you should ensure that you have a secondary source of income until the home business is able to sustain itself as well as your household. This can come from a spouse, savings, or a part-time job.

Safety Matters: Make sure you have a safe workplace. This includes having a smoke detector and fire extinguisher in your work area. You should also find an efficient solution to backup all your data. The right type of fire protection helps you lower your business insurance costs, and an ergonomic keyboard helps protect your hands.

Be consistent, don’t dither: Examine all of the ways your home business appears in the marketplace and be sure you have a consistent message and presentation. Whether it is your business cards, web site or social media business page, keeping your messaging professional and synchronized helps you promote your business appropriately and clearly across multiple channels.

 

It will always be challenging trying to run your business from your home. However, many people do it and make a success of it every day. You can make a go of it, too, if you learn the tricks that help things run more smoothly. Start applying the pointers provided in this article today, and make your home business experience an enjoyable one.

P.S: I have a free Ebook give away which I have written to enumerate the 6 easy steps to transition from Stay at Home mom to a Mompreneur. It’s on this Blog, sign up on our Mailing list if you want a copy.

Thanks

How I Ran My Training Solutions Company from Home

My home office

How I Ran My Training solutions company from Home

Today I will be sharing with you my journey as a training coordinator and how I ran a training solutions company from my home.

I earned an MBA from Lagos Business School and during the course of my MBA I discovered I had a good way to present information. In my class then, we often worked in groups when given an assignment. I discovered that I was so good at presenting that my group always could count on me to present whatever assignments we had done even if it was not planned that I should present.

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I wasn’t always like that, but I knew I could always present a good argument especially when we discussed case studies during our class work, I also loved talking. One day, we had a group presentation and other groups were presenting their bit. As I was watching them, I kept replaying in my mind how I had prepared to present mine.  There were 6 groups in our class and mine was like way before the last.

When I got up to present my group’s idea of what should be the answer to the problem we were trying to solve. I so did a good job that the whole class got up and gave me a standing ovation,we were a class of 69. That was how I found out what I could do with my love for talking, making arguments and generating ideas.

Needless to say we won that presentation and that alone set me on a part where I was able to present a project we worked on for PEACE initiative in Colombia, I was the Lead presenter at the United Nations Building in Manhattan New York city USA.

Fast forward 2011, I had finished my MBA and was trying to start off a career, it took me a while but I soon figured out that starting a training business will be the way to go. It took a miscarriage and a stillbirth though for me to make that decision.

Here are 6 things I learnt while running my Training Solutions Company

1) Discover your Skill: What are you really good at, you have to know that one thing you can do and try to see how you can monetize it. For example my love for talking and presentation helped me discover how I could start a training business and use it to make a living. I started Laplace Knowledge Academy with that single skill and used it to train over 500 professionals in the Telecoms industry.

2) Discover your target market: The Training industry is a huge market, according to The Training industry Report  in 2015, the US market spent about 70.6 billion Dollars on training alone. This is to tell you of the huge market potential this presents to anyone who will want to dive into that market.

Understanding the market you want to go into and discovering what they need is the best way to marry your passion for training with a business model that works for you. In my case, I discovered my target market as graduates who desired to start a career in the Telecoms industry. Most of them were graduates of different disciplines but they had a desire to pursue a career in the Telecoms industry but lacked the needed skills to break into that industry. The big industry players were not willing to train fresh graduates like that, they often hired people who already had the skills they needed.

If a fresh graduate needed to start up a career, he couldn’t be hired because he lacked the skills to get in, so in came my company a training solutions company that offered to train the individuals for a fee and then connect them with a company where they could intern till they perfected their skills. The real issue here is understanding your target markets needs and providing a solution via training that solves their problems.

3) Design your business model; what is a business model? Its simply how your business intends to make money. This model tells you what your long term goal is and what you intend to do day to day in other to reach that goal, culling from an article I read about business models from TechCrunch here are 7 basic steps that you should include in your business model, I will also add an 8 step at the end.

      • Reaching your customers: In your training business, how do you intend to reach your customers, for my case, I advertised in places where I knew fresh graduates will be congregated in such as Job sites, Facebook and also pitched to schools to partner with them.
      • Differentiating your Products: How do you differentiate your product offering or training from what others were offering. I differentiated my training offering by offering to connect the trainees to companies where they could gain internship opportunities to perfect their skills.
      • Pricing: How do you price your products to ensure that your target customer can pay? I priced my training in different ways, I offered discounts to gain referrals and I also priced group bookings to encourage bulk enrollment. I also made it easy for them to pay when they were ready to commit funds, here is a payment platform that makes it easy for you to receive payment from anywhere in the world, you can click here to register with them:Payoneer. Payoneer is a payment platform that makes it easy for you to bill people anywhere in the world and also receive your payment from them. You can be paid in most currencies and the fees they charge are not much. its also easy to access your funds.
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Continue reading “How I Ran My Training Solutions Company from Home”

Finding the Good in what seems like a Bad Deal

Good Friday Musings

Today is Good Friday, a day all Christians around the world revere because of the importance of what it symbolizes for us. Let me say here that I am first of all a Christian before anything else in the world.

It was because of the sacrifice of Christ Today that I can call myself a Christian. Thanks to that sacrifice and the teaching of Jesus Christ I am alive today. Had the devil had his way, I will have been dead a long time ago when the enemy nearly took my life.

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5 easy steps to Running a Drop shipping Business

Drop shipping.

Drop-shipping Is a form of business that allows you to list products that you don’t have but know where to find, you are kind of like the middle man who knows how to source for products and knows how to deliver it to the person who needs it, while you make a nice profit after your cost of sales.

In the product industry you have the following as the supply chain from: Product manufacture———–Wholesaler ————-Retailer ——–Consumer

Drop-shipping does not appear here because it’s a service not a role, a drop-shipper can also be the manufacturer of a product, meaning that when you manufacture your own products and sell to the final consumer you are also drop shipping for your own products. A drop shipping merchant is that person that acts as a go between, between the Manufacturer or Wholesaler and the final consumer.

A drop-shipping merchant in this case is responsible for finding the products, listing it on his site and selling to the final consumer. The manufacturer or wholesaler then ships it to the person who bought it.

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HOW DROP SHIPPING WORKS

  • Mr. Bon wants to purchase a new battery for his phone, he goes to Mr. Dav’s Ecommerce shop and places an order and makes a payment.
  • Mr. Dav receives the order and payment and then in turn places an order with his suppliers which could either be the manufacturer or a wholesaler.
  • When the supplier receives the order, he processes and fulfills and ships to the buyer. He then gives a tracking number to the Drop shipping Merchant who owns the ecommerce store
  • The Drop-shipping merchant then informs the buyer that his order is on the way.
  • When the buyer receives the goods, it’s only the logo of the drop shipping merchant he is aware of, the manufacturers or wholesaler in this case is invisible to him.

  Continue reading “5 easy steps to Running a Drop shipping Business”

Amazon is hiring 5000 people to work from Home, Here is why you should jump into the work at home option.

Hello,

I woke up this morning to the headline that Amazon is hiring 5000 people to work from their homes and I thought to myself the world is changing before our very eyes, we have jobs been taken over by robots and now the traditional workplace  is disappearing too. I kind of felt happy because I realised that we  who chose to make a living from work at home industry  are beginning to change what the work place should be.

I believe that anybody should be able to choose job options that supports their lifestyle and provide themselves the liberty to enjoy what they do.You may want to be part of the work at home group as you try to figure out what flexible options you have .

Here are reasons why you should take that option.

Continue reading “Amazon is hiring 5000 people to work from Home, Here is why you should jump into the work at home option.”

You don’t need a 100 page Business plan to start one

One page business Plan modified. (1)

The One page Business Plan Part B

Today I will be concluding the second part of this post, the one page business plan, if you did not read the first post, you can get it Here .I hope you have taken time to implement what you have learnt. You know writing this post has also helped me to go back to the drawing board to re- tweak my business plan. Remember we agreed I will share my own one page Business plan. Ensure you keep a date with me because I will share it on this page.

  • The link for the one page business plan is displayed above, or you can click the link at the end of this post to get it.

Now to the business of the day, we will talking about the remaining 3 parts of this plan.

The Hustle.

How will customers learn about your business: In this area we talk about your marketing plan, how do you intend to invite customers to your business. one of the key questions you need to ask yourself is where do my customers congregate? This is the reason you must define your target market before setting out. When you know what your target market is, then you can begin to define where they are likely to congregate,thereby target your advertising to such places.

For example, my Niche market is stay at home moms who want to launch a business, one of  the likely places I will find such women are baby forums, forums where women discuss money making ventures, I might also target my Facebook ads to women in their childbearing age because I know they will more likely be there. Thanks to Facebook targeted advertising features, you can do a lot  to find your customers.

How will you encourage referrals: By giving away free samples and asking people to refer others to your business if they liked your product. You can also conduct contests for price point to encourage people to refer a certain number of people to win the price. Finally you can give discounts for referrals to your point of sale.

Success

How will you rate the success of your Business: This part deals with figure terms, when you will you say your business is successful? is it by the number of customers you have served or by the annual net income you intend to make. These figures will enable you plan properly on how you intend to achieve it. It will force you think of ways of dimensioning your resources to ensure you meet your targeted goals whether in customer numbers on in Revenue. This part is where you also itemize your income streams and apportion how much you want to make from each stream. A multiple stream income strategy is always the best.

Challenges/ Obstacles; Finally this is the portion where you will write down obstacles that will mitigate against your business and how you intend to overcome them. Listing out your challenges is not to discourage you but to help you become aware of the risks involved in starting your business, and to show you also have a strategy to reduce those risks. Call it your mini risk analysis and you may not be far from the truth.

Proposed solution to your challenges: Here is where you list the steps you intend to take to mitigate such challenges and if possible eliminate it.

I hope you have learnt a lot by reading this post. I if you want the template, you can download it here.

Please share this post with your friends if you really learnt a lot from it. Your comments and suggestions are also welcome.

 

Thanks for reading:

Elizabeth.

One Page Business Plan

The One Page Business Plan.

Hello Friends,

Today I will be talking about the One page Business Plan, a document that will guide you and serve as your reference point in starting a Home Based Business. Most people will say it doesn’t matter, why write a business plan, after all it’s a small business, a home based one at that here is why it matters

Why you need a Business Plan:

  • It helps you concretize your ideas and gives a big picture of where you want to go
  • Assists you to itemize what you need to be doing per time.
  • The business plan gives you the opportunity to identify who your customers are and how you intend to reach them hence helping you define your niche.
  • It gives you an idea of your market size and how much portion of that market you can get, thereby determining your market size.
  •  Helps you to determine your startup costs and your breakeven point thereby indicating when you start turning a profit.
  • Finally, it helps give you a sense of what you expect your income to be and what to price your products.

Having listed the above reasons, here is description of the one page business plan and what it contains;

Before I go ahead, a disclosure, I got this template from another Blog the 100startup.com by Chris Guillebeau who is the author of the $100 dollar startup a book that chronicles interviews on people who started a business with 100 dollar or less. I am acknowledging what the owner did by allowing me download from his site. I will only modify some aspects of the template and use it. Having said that let’s get to it.

The one page Business Plan is a simple Template that makes it easy for anyone willing to start up a home business to jump right in and start. If you want the template you will get it right after the post series finishes.

The template requires that you write whatever you need in the business plan in two short sentences, it’s like the elevator pitch of your Home Business. It’s often said that if you can’t summarize your business plan to an investor in the time it takes for you to ride an elevator from one floor to another then you haven’t figured out what you should be doing. In other words cut the crap out and get to the meat of the Matter.

The one page business plan is divided into 5 different parts namely: The overview, Ka-ching, hustle, success and obstacles/ challenges. I will start by treating the first 2 in this post, in my next post I will deal with the remaining 3.

Continue reading “One Page Business Plan”

Be your Own Boss, Start a Home Business.

Work at Home Mom

Start A Home Business Today

Are you a mom that seeks to work from home? you agonize over leaving your little ones when going to work, or you wish you could be there for them  as you see the years go by and you know they will soon leave home. You want to be there for the things that matter to them, then it’s time to make that decision of starting a Home Business.

At some point or another, you may have considered starting your own home business. Who among us wouldn’t love to be their own boss, set their own hours, and work out of the comfort of their own home? The next question is

How Lucrative is working from Home?

Working from home as a mother can be very lucrative. There are many advantages to starting a home based business. Maybe you’ve thought of some of them already. You may already realize all the different ways you can experience freedom as a work at home mom (WAHM). Here are reasons why you should take that leap.

Advantages of starting a Home Business.

  • Time Freedom – You  make your own hours when you work for yourself. Even if you choose a work at home job you are usually able to set your schedule around your family’s schedule.
  • Place Freedom –You get to work where you want to. Whether it’s in the yard, your home office or at the kitchen table (or your client’s location) you only have to do the work you love.
  • Stress Freedom – You can eliminate a lot of stress when you have more balance in your life. If you choose a work from home business model that works best for your family you won’t be as stressed as when you’re trying to work around other people’s schedules.
  • Money Freedom – When you work for yourself under your own terms you can literally earn unlimited amounts of money. Many work at home moms earn six figures and even more than that. Pick the right path and you can be there too.

Before you decide to set out, here are some points you should put into consideration.

A) Explore the business type that appeals to you: Explore the type of business which would appeals to you most. Assess your goals, interests, and capabilities. The most important aspect is that you must enjoy what you are doing day in and day out. Successful entrepreneurs are the ones who feel passionate about the business they own. An entrepreneur cannot feel passionate and driven to success if they do not enjoy what they do.

B) Have a Marketing Strategy: No matter what type of home business you start, you must have a marketing plan ready to put into action. Almost every business today requires a relationship with the internet, and there are many marketing packages available on the internet as well as through local and national media. A successful business is never without a successful marketing strategy. Here are some tips to marketing your business.

Tips to Marketing your Home Business

  • Have a Website: For any type of business these day’s, a web presence is a must, how else will people know where to get your products easily. It may be a simple blog where you showcase your products and services. You can’t miss it by doing so. If you must have a blog then consider hosting with Jvzoo host, they charge you little for hosting per month and do not require you to pay yearly subscription upfront. Here is there link: Sign up now for hosting!
  • Build an Email List: Write your way to a home based business. If you enjoy writing, and have plenty to say concerning your product consider building an email list where you communicate with your customers daily. As you consistently communicate with them through writing you build loyalty and trust which culminates into repeated purchase.
  • Your Signature Line: Take advantage of the signature line in your email program and make sure it includes the link to your website. This simple act can generate numerous sales. All email correspondence with customers, should include this link so that they can easily find their way back to your website to purchase more product.
  • Friends and Family First: Just starting your home business?, make contact with your friends and family to let them know what you are doing. Word of mouth can be very powerful, so simply letting them know of your plans is helpful. Consider offering them a discount on your product to get them motivated to purchase something.
  • Join an online Forum of your Business:  Gather information on running a home business by joining an online forum on the topic. This way, you can connect with other home business owners and converse about your situations. Many people who work from home will have the same issues and problems as you, so you can share solutions.
  • Free Samples: Promote your home business by offering a coupon for a free sample or a discount for your services. People are attracted to free offers, so this is a good way to bring in new customers. People are more willing to try a new business if they do not have to risk their own money to try it.
  • Social Media is a Must: Utilize social networking to the best of your abilities especially for a home based business where you hardly have time to go out and market your products. If you aren’t using social networking within your home business, you are losing out on a great communication method that is used by countless businesses today to gain customers. Social networking improves your communication, visibility, and even your reputation within the target group you have chosen.

With these few tips, you already have the information you need to start that home based business, so go ahead, Take action.

Thanks.