TELECOMPUTING-^? - Bombjack.org

& ft
(Significant advances in printer
technology will be needed before
counterfeiting will be a
practical hone noney-naking
alternative... - the editor)
(9) How much money does your business need to make? If you need to
make $1,500 a month profit, do not pick a business that can only
provide $1,500 a month profit or when costs go up the business
will not support you.
(10) Do you have local consultants or organization such as the
Chamber of Commerce or SCORE to guide you in areas your unsure of?
Are you willing to go to them for help?
After you have decided that you do want to go into business for
yourself, then you need to write out a business plan. This can
mean the difference between success and failure. Use the following
guide to help in writing your business plan.
PLANNING FDR SUCCESS
(1) Business Definition: Describe the type of business that you
want. Will it provide a service or a product? Include why you feel
it will succeed.
(2) Evalute the Market: Are you trying to reach computer owners,
small businesses, home owners, renters, farmers? Is the market big
enough? It's hard to reach farmers from the middle of Chicago.
(3) Competition: Is there a cheaper way for customers to get the
same service or product?
(4) Advertising: Will you advertise on radio, TV, newspapers, or
will you have to rely on word-of-mouth advertising?
(5) Pricing: If your business is a service, are you going to
charge by the job or by the hour. If you're selling products, houi
much will it cost to produce the product? Can you have a constant
supply of materials? Pricing is one of the most difficult areas
for any business. You will have to figure the break-even point and
a fair profit, but not over-charge the customers. You may need to
consult an expert when it comes to pricing.
(6) Billing: This is also a difficult area. In some cases billing
a customer can mean more business. It can also create problems
when you try to collect. I have a very simple rule of thumb. Do
not bill for what you can not afford to lose.
(7) Zoning: Will your business need to comply with local codes?
Will you need a license or special insurance?
(8) Bookkeeping: Do you intend to take care of your own
bookkeeping
books?
or will you need to go to an expert to set up your
(9) Location: Will your customers come to you or will you need to
go to your customers?
(10) Growth: Can your present community sustain any desires you
may have for future growth?
Ndw set the date you plan on opening your business. Is that all
there is to starting a business at home? No!! It takes hard
work, but if you "plan your work and then work your plan" you have
a very good chance of being successful. The rewards are worth it.
For example you can enjoy the extra income your own business can
bring in. The entire family can become involved which gives them
time together. And my favorite benefits are no time clock to punch
and NO boss to listen to.
Can a home business really succeed? Yes! Hugh Hefner started
Playboy magazine on his kitchen table, mother Earth News magazine
started as a home business. Even the Apple computer was started in
Steve Jobs' garage by him and his partner Stephen Wozniak. Yes,
home businesses can succeed. But it takes work.... So get
started!
Don Vandeventer is a home business consultant & regular
contributor to INFO-64. He is the author of RAKING THE BEST
CHOICE, A GUIDE TO CHOOSING THE RIGHT HOPE BUSINESS OPPORTUNITY
and THE SHALL BUSINESS GUIDE TO THE COPnDDORE 64. Both books are
available from Work At Home Press, Dept. I, P.O. Box 5520, Ocala,
FL 32678.