When you start any business it’s important to be honest with yourself about what it takes to get things done.
Keep track of the time, money and resources that you use so that you can project your future needs.
Keeping the books balanced will help you keep your business on track.
- Knowing how much time you’ll realistically need to spend on your business is important.
- If you only have 2 hours a day to spend, you’ll need to ensure that you pick the right business to be in.
- Keeping track with a bookkeeping system is important because if you don’t have money to pay your taxes and expenses you’ll go out of business.
- One of the best things about a work at home business is that you can adjust the time you spend on your business so that it works better with your life.
- However, sometimes you have to put the business first.
- If you always choose family and friends over your business, your business will fail.
By understanding the myths about working at home, you know – the sitting on the beach with your feet in the sand while your business magically generates millions of dollars fantasy – you can set up a more realistic business model that will be successful for you.