qprev_HBB Manual 2.qxd - Small Business BC

Stability• Is my home-life financially organized and canthe business income he secured fromhousehold demand?• Am I healthy, with energy reserves andemotionally prepared for business stress andsuccess?• Does every family member appreciate myobjectives and how important the business is tome, to us?• Do they support me?• Will my home life remain stable if my businessfails?Professionalism• Am I willing and able to work long hours forfuture benefits?• Am I realistic about how long success maytake, and committed to making the businesswork?• Are my planning skills and sense ofresponsibility strong enough to build asuccessful venture?• Do I have the knowledge to make thisparticular business succeed, or should I besecuring that knowledge first?• Do I want business success enough to set andkeep high standards of products and services?Appendix GHome-Based Business ReferenceManualThe general outline of the business referencemanual was introduced in the text. The followinglist expands on the usual contents of referencemanual sections.General Business Information• business name, structure, names of allinvolved, addresses• purpose of business product or service,significant dates• layout of physical working space showingoutlets, etc..• map showing trading areas and key sitesrelated to business• information on the competition in your tradingarea• names and contact numbers for key businesscontacts; bank or lender, accountant,bookkeeperResponsibilities• owner/operator, outline of main responsibilitiesand tasks• responsibilities and tasks for any helpers,volunteer or paid instructions for helpers onhow to handle any likely emergenciesHandling Mail• categories in which to sort mail as it comes in,eg.. action, reading, personal, by projectdirections on what to do with mail in eachcategorysolutions for small business home-based business 121