However, a home business need not be a far-off dream. You can start your own business with some knowledge and research. This guide contains a lot of tips that you can use in starting a home based business.
While it is important to attract new customers, don’t forget about your loyal older ones. Satisfied repeat customers are easier to get sales from than new ones. Happy customers will come back for more.
Be sure to keep your residential phone line and business phone line separate. A professional business always has a dedicated line and voicemail system. Not only that, but you don’t want to risk your child or another person answering a business call.
Make sure you understand your production costs on homemade items. You determine mark-up for wholesale by multiplying your cost by two. Retail mark-up is twice that of the wholesale price. Try and establish a price-point that benefits both you and the consumer.
You should set up your home office and stock it appropriately before starting your business. This may not seem that important, but it is hard to stay motivated if you don’t have the proper setup.
Making business cards is important. Look for business …