Business Grants to Work at Home

While most American citizens are well aware of free government business grant programs that help to supplement, or completely subsidize start up costs of major companies and professional endeavors, few realize that these very same small business grants from the government can be utilized to establish much smaller, yet equally as profitable operations.

With the current increase in lay offs and unemployment rates, job security is seemingly a thing of the past. Many resourceful individuals are planning ahead for the worst, and seeking to become self-employed. While there is a great deal of monetary risk involved in establishing a new business in a poor economy, there are two major benefits to be considered when weighing the pros and cons.

First, the option of creating an at home internet functional business is a very wise choice. The theory of starting small with little overhead is a much more practical approach to career independence than running the risk of paying out exorbitant amounts of money to build or rent store or office space and hire and payroll staff members. This is before even considering the costs of supplies, equipment, and utilities. Starting small in the privacy of your own home can eliminate a significant amount of overhead expenditures, and allow you to grow into your business and expand at a rate appropriate to your profit margin.

The second, and more remarkable advantage is that you more than likely may be eligible to qualify for free government money to do this. Yes, even a small home-based online business is an acceptable investment in the eyes of the United States government, and more often than not is approved for small business grant funding. If you qualify, you may be qualified to receive enough cash awards to afford everything you need to develop your own fully equipped home office, and any other supplies you may need to get your business up and running.

You don’t have to be a big business tycoon to avail government business grants. You just need a good business plan. And isn’t insuring your own job security a good plan?

Spring Cleaning For Business Owners

Get ready for spring cleaning…for your business!

Break out the dust buster and mop and clean up the clutter that has not been working for you in your business.  Goal setting, visualizing, branding and creating a 3, 6, 9 and 12 month business plan are all things that must be done regularly to ensure you are on track for success. 

Is the dust piling up on your business plan?  Has your vision become fragmented and worn under the pressures of keeping it all going, especially in tough economical times?  Has your entrepreneurial enthusiasm given way to the woes of long days and sleepless nights counting invoices in your head? 

If any of the above is ringing the bell of truth loud and clear, you are not alone.  It is important to know when to clean out your entrepreneurial closet, dust off that business plan and set some new goals for success. 

So many of us entrepreneurs start off with such enthusiasm.  Before long the long hours force a reality check and cause us to step back and re-assess the vision.  But that is exactly what you need to do to keep yourself on track towards success.  Every business has growing pains.  Every business has had a mess or two to clean up.  Goal setting must be a continuous process and sometimes that means looking back at what didn’t happen so that the same mess can be avoided in the future. 

Take some time to add new color to your business plan.  Plant new seeds and tend to your blossoming business with action, intention, vision and purpose.  Prune when needed, add some fertilizer by re-investing back into your business and never let the clutter get so bad that you need a bulldozer to see light at the end of the entrepreneurial tunnel. 

Top three tips to spring clean your business:

1)  No Regrets!  Before you toss out an idea that didn’t work, one that has become clutter, be sure you have no regrets or feel you failed.  You are a success just by realizing you need to make room for a fresh new perspective!

2)  Your personal bliss is your personal, and professional, best.   Shine up your self-esteem and re-discover your personal best, your inner bliss. It will translate into your direction for your business. 

3)  Dust off your business plan and set new 3, 6, 9 and 12 month goals.  It is smart to evaluate your business garden often and adjust your plan according to what is thriving and what is wilting.

One last thing…have fun.  Spring cleaning your business isn’t a chore.  It’s an opportunity to grow!

How to Build a Personal Standard Business

It is easier to be involved in other peoples business than building a personal business.

Simply speaking, a business is any money making venture that serves your need as you serve your clients demands. It involves putting in the best of ones skills, time and energy.

For an individual to build a standard business, they must answer these questions perfectly-

  • What is my business and how will I do it
  • Is it the best for me
  • Do I have the knowledge to offer my services
  • Will my actions today solve my needs now and later in life
  • What future does the business have
  • Can I cope with the business occupational hazards and risks
  • Who is my client, where are they and what is their behavioural pattern

Having answered these questions, the business builder must research and locate a market niche in his chosen field. Opting for a niche separates your daily activities from those of the general class and average earnings. A niche option streamlines what you will be doing, how you will be doing it, and what your earnings will be at different intervals.

Before you commence any business, you must have a written business plan. This written work must answer the entire question concerning the business operations. Beginners in entrepreneurial endeavours are advised to have their business plan conform to the formula S.M.A.R.T

S-Specific

M-Measurable

A-Achievable

R-Realistic

T-Time bound

While building this business, you have to develop a set of personal tactics and its accruing strategies. This set of strategies will be fine tuned to create wealth for you. Also, one must make an effort to stick to it over time. This will make you a brand in meeting your clients’ demands and also place you in an advantaged position against your equals and competitors.

Lastly, for you to build a business that will endure, you must understand the trends in the market and play it to your advantage. Maximizing this knowledge accounts for great successes in businesses recorded by outstanding people and organizations.

Concerted efforts must be made to tow the line of your visions and mission not minding the different market tides. Caution must be taken in times of overflowing profits. After such boom periods are moments of draught. Plans must also be put in place for rainy days.