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Business in
the home helpful tips
Record
keeping ideas:
- Discuss
your record keeping needs with an attorney or tax
accountant who can advise you on what items you need
to retain.
- For
tax purposes, keep copies of all business-related
receipts and records such as bank statements, charge
account statements, receipts for cash purposes and
mileage logs.
- If
you make cash purchases, write the date of purchase
and item purchased on the receipt if they're not clear.
- Keep
business and personal finances separate with two bank
accounts -- one for business and the other for personal
use.
- Keep
all records in a locked file cabinet.
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Keep
your home and business safe
Secure your windows and doors. Keep office equipment away
from areas where it can be easily seen and stolen.
- Light
your premises well, both inside and out.
- When
you're away, consider hiring a house sitter.
- Consider
the need for an alarm system.
- Check
your smoke detectors frequently.
- Have
an electrician check wiring and power maximums. Office
equipment may exceed regular wattage.
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Making
the most of advertising
One major mistake is thinking that because you have a good
product or service, everyone else will too. So how do you
give yourself the marketing strength you need?
Reputation
-- Build one or build upon the good reputation you have
already. Customers will tell 10 people about a negative
feeling, but will tell only 5 about a positive one.
Target
your customer -- Find out who can use your product
or service before you target their interests. Make a list
of occupation types. You may wish to conduct a market survey
to determine your best customer base.
Tell
everyone by networking -- Networking means talking to
people and establishing relationships that can lead to business.
Word of mouth marketing works! You're proud of your product
or service, so spread the news. Remember, the one potential
customer you overlook may become your best customer.
Develop
a mailing list -- Review this list and send a newspaper
clipping about your business. The old adage, "out of
sight, out of mind" applies here.
Use
newsletters -- Remember to keep the newsletter neat,
informative and concise. Most clients want to "get
to know" the creator behind the product or service.
Provide tidbits about yourself as well as your product or
service.
Sampling
-- Provide a potential customer with a free sample of
your product or service. Keep it simple and let the service
speak for itself.
Work
smarter, not harder
Develop a system to keep track of names, addresses and phone
numbers. The number-one time waster is finding the information
you need.
- Use
technology to help speed up daily tasks,(a computer,
fax machine, postage scale, telephone re-dial button,
copy machine, etc.).
- Don't
waste your energy on small matters. Make a decision
and go with it.
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Create
a productive work area
You're going to spend a lot of time in your work area. You
may wish to consider:
- Prevent
eye fatigue by using indirect lighting along with
appropriate task lighting.
- Position
computer screen to avoid glare.
- Provide
good air circulation and temperature control to help
keep your equipment in good working order.
- Consider
light-colored walls to promote productivity.
- If
you will be spending most of your time sitting, invest
in a comfortable and ergonomically correct desk chair.
- Consider
space limitations and a feasible work area when purchasing
equipment and furniture.
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Software
selection
Use your computer to save time
and make difficult tasks easier. There's a wide variety of
software available to help you. Consider these types:
- Accounting/Money
Management -- Monitor income and expenses, maintain
a budget and track your invoices.
- Time
Management -- Stay on top of your busy schedule.
- Tax
Software -- Be prepared before April 30.
- Desk
Top Publishing -- Design newsletters, flyers, brochures
and more.
- Spreadsheet/Database
-- Request an instant view of specific names, addresses,
numbers, etc.
- Contact
Management -- Keep track of your business and personal
contracts.
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More
information
Various free or inexpensive resources are at your fingertips.
- Contact
your Chamber of Commerce to learn about up-coming
events and local information.
- Your
local library can offer numerous directories, books
and magazines on making your small business more successful.
- Your
local newspaper and radio station can tell you advertising
rates. An advertising kit often offers important demographic
information.
- Make
the most of free resources, and use your telephone
guide for new contacts.
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