Having a online business has a lot of benefits, but there are also some disadvantages. It’s difficult to get any work done when family, friends, and neighbors don’t understand that you are working because you’re at home. Young children need to be taken care of and it’s not possible to run a business effectively while taking proper care of children.
If you run a home business which requires a large amount of talk time with your clients, consider investing in a second phone line or a business-only cell phone. These phone plans will be 100% deductible as business expenses, and will also ensure that your clients will have an easier time reaching you on a dedicated line.
Build yourself a business mailing list. While you want to keep in touch with your clients, do not spam them with too frequent or unimportant information. One common use of mailing lists is to tell customers about new products and promotions. It can also be used to send handy tips to your customers. Adding a signup section on the business website can let people join your mailing list.
Home businesses are a rapidly expanding type of business. One of the most important things to have when starting a home based business is a sizable enough safety net, just in case things don’t go as planned. A lot of people get started in home based business because it’s a dream they have always had and then realize they don’t have what it takes.
It is extremely important to set up specific space and time to work. When you are interrupted, you must maintain those work-at- home boundaries. With small children, child care is required as if you were not home. As the owner, you don’t have any benefits. Sick days, vacations, and paid holidays are a thing of the past.