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Time Management Tips for a Successful Home-Based Business

Time Management Tips for a Successful Home-Based Business

Home-based businesses have provided income for families long before the internet. However, the internet has made opening and operating a home-based business easier than ever. These new businesses can provide you the opportunity to earn a substantial income in the comfort of your own home.

However, the picture isn’t always so sunny. A home-based business requires work just like any other business. It’s important to make the best use of your time to enable your business to bring you the profits and joy you deserve.

Being at home gives the feeling of comfort, relaxation, and escape from work, so it’s very easy to lose focus and, as a result, get much different results than the ones you want from your business venture.

Making the Most of your time when building a Home-Based Business

So what’s the fix? Developing a timetable to help manage your life at home will help ensure everything gets done when it needs to be.

Follow these tips to enable your time management tool to work effectively for you:

1. Use work time wisely. Allocate a specific time slot each day for work and use the time just

for that. Avoid being distracted by TV or anything else. Remind yourself that you’ve scheduled enough time for everything, so work time should be just that!

2. Schedule enough rest time. Lack of rest can significantly impact the results from your home-based business. You’ll start to feel tired and cranky if you’re not well-rested, which will undoubtedly affect the quality and quantity of work you produce.

• Avoid the temptation to cut into your rest time to get more done; use rest time for actually resting so your work doesn’t suffer.

3. Include scheduled breaks. Once your timetable includes scheduled breaks during work slots, you’ll have something to look forward to. You’ll also have less of an urge to take “unscheduled” breaks while working.

Poor Time Management Can Lead to Unnecessary Challenges

Of course, how you manage your time at home will significantly impact the success of your at-home business. But what poor time management can also affect is “the rest of your life.” That’s right, working at home in a haphazard manner can really take its toll on other things.

• Family time and other important activities could be negatively impacted if you work in an ad hoc manner and don’t reserve enough time for it.

• Fitness, health, and diet also need your direct attention when you’re a work at home earner. Not paying enough attention to those things can result in letting them slide.   Which can be the last thing you want when your only source of income is your home-based business!

It’s very easy to get so absorbed in your home-based business and overlook the importance of other aspects of your life.  If you’re working 16 hours per day, then you’re most likely not exercising or eating properly. Nor are you spending time with your loved ones. Try to steer clear of this scenario!  If you want to work from home but want all the headaches of products, distribution, leglities and paperwork all done for you, to focus solely on business development at a small or large scale, email me directly on gracecarlisle@outlook.com or fill out one of the forms on this page for more information on the work from home business I use!

Once you create a structured approach to your business and life in general, you’ll find that you’ll accomplish more, get more financial fulfillment from your business, and be able to achieve balance in other aspects of your life as well!

I created a time scheduler resource to let you plan your week ahead and be more productive.  Complete the form below to receive this free resource.  You can then print it as many times as you like!

Get my free Time Scheduler Resource below

Or Click here to read our article on hour blocking for effective time management!

From Hobby to Home Business in Five Steps

From Hobby to Home Business in Five Steps

Do you ever feel trapped in a job you don’t find rewarding? The key to living a more fulfilling life is to go after your passions. Being someone’s employee often requires you to put these passions aside so you can work towards their vision – not yours!

Becoming an entrepreneur is not for everyone. There are many obstacles between you and your dreams, including coming up with the willpower to get started on your project, finding the confidence to get through multiple mishaps, and devoting many hours of hard work to building your vision.

Being an entrepreneur is hard work and can be disheartening at times – but owning your business can be a very fulfilling and freeing experience.

Follow these steps to follow your passions through your own business:

1. Find your calling

You could base your business on a talent you have, a hobby you love, or your desire to make a difference in people’s lives.
There is a popular belief that it takes 10,000 hours of work before one can be consideredan expert in any field. This belief may not be true, but it shows that expertise requires time and hard work.

2. Register your business and apply for necessary licenses.

• If you’re in the US, you need to do is register your business name through the U.S. Small Business Administration and apply for a tax ID.
You will also have to register your business through state agencies. Applying for licenses is necessary if your field is regulated – for instance, if you prepare food, work with dangerous chemicals, or provide services that require special qualifications such as legal advice or accounting. 
If you’re in the UK, you need to let the HMRC know within three months of starting your business but check with the relevant authorities where you live to make sure you’re staying within the guidelines.

3. Create your business plan.

Creating a business plan is a systematic process that provides a blueprint for your business and will help you obtain funding for your project.
Start by explaining what the purpose of your business is and how you’ll achieve it.
Explain what kind of products you want to sell or list the services you’ll be providing.
Define your target audience in as much detail as possible.
Create an outline for your marketing strategy and include your expected prices as well as how much profit you expect to generate.

4. Explore your financing options.

Go over your budget and business plan carefully to assess how much money you require.
Look for investors among your friends and relatives, or angel investors through local business associations. Borrowing money is usually your best option if you cannot find investors for your project.

5. Get to work!

Becoming a successful home business owner requires time, hard work, and real dedication.
Besides spending some time on developing your products or services, promoting your business, and providing excellent customer service, it’s also important to work on acquiring more skills that will help you become a better business owner.
Divide the large goals from your business plan into smaller goals you can accomplish on a weekly or daily basis. This division will also help you assess your progress.
Keep in mind that your goals might have to shift if your market changes.

The best way to launch your business and achieve financial stability is to put together a detailed plan with a series of small, manageable steps that will lead you to your goals. Use these five steps as a broad template for your project and add any additional steps that are relevant to your business.

Check out the business I use to work from home.  Plug into our system and take the stress away from building a business from home.

Click here if you’d like to check out our blog on the top 10 reasons to work from home.

Why November is a great month to start your home business

Why November is a great month to start your home business

I’ve outlined my 5 favourite reasons why November is a brilliant month to get your home business up and running.  If you have any questions, or would like to know more, please feel free to contact me about it.

  1. It gives you spending money in time for Christmas!  Starting in November gives you a few weeks to learn how everything works, talk to people and with my help get set up before people are shopping for Christmas presents.  This then means that when people are buying your products for Christmas, you are making the commissions, not the high street shops.  This in turn, gives you more money to spend on your own Christmas presents. (Score!)
  2. You get to buy at cost price!  Aside from the consumable high quality health and nutrition product ranges, there are also sports products, an amazing aloe based skincare range, makeup and cosmetics range and products for animal care.  This means that instead of paying full retail for your Christmas presents, because you have an account directly with the manufacturer, you’re buying them at cost price!  Your family and friends get the same high quality products, but they cost you a lot less than full retail value.
  3. January holiday shopping is more fun!  With the first 2 months of business under your belt, you now have an extra income.  Because it’s so flexible it could be on top of your current full time salary, however when you start browsing expedia, Jet2 and Thomas Cook, you may not have to dip into the savings you’ve been holding onto.
  4. No January Blues.  Without having to buy on credit card, you won’t have the same craving for payday that you may have had the year before!  Using your new income to pay for presents at the time instead of relying on credit means it doesn’t have to be paid back, and with ‘Forever’ there are no limits so you can make as much as you like without your boss saying ‘ that’s enough overtime’ or ‘we’re capping your bonus this year’.
  5. This last point is my favourite!  For everyone starting this month (November 2016) I have an extra special offer, so email me for details or send me a message through my facebook page.  We can have a chat to see if it’s a good fit for you and go from there.