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How To Create A Successful Home Business 2018 – Tips & Tricks

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Want to set up a small home based business and be your own boss? Is it really easy to start a business from home and create a passive income source besides you regular 9-5 day job. Yes, it has already been proved many times as these days many people are able to set up their business from home and become their own boss. But starting a home based business is not at all easy.

Although there are many successful home business ideas online & offline to try out. But you have to know which one will suit you or which one you can try. In this article I will be sharing few such tips for running a small business from home.

These days many people are able to start small business like catering, baking, home tutoring, home day care business, bookkeeping business, printing business and many more which are very to operate from home.

How to start your own home based business & make it successful

One can consider these points as tips or action plan to make your business successful. If you are looking for how to start a home based business with no money, then let me tell you one thing that without any investment, how come you are expecting to make money?

Business Plan: Do you prepare a business plan with which you will take necessary actions? Don’t take it lightly, document the plan and brainstorm on each topic to cover each and every point.

Market Research: Have you done proper market research of the product that you are going to sell online? You can find out the most preferred or best seller product in various online stores to decide your own product. You should research properly as there are many people who might be planning on the same business to launch, but only people with a proper business plan can make it success.

Create a Website: Do you have a platform to sell your product or service? Due to the evolution of digital boom, one must have a website to start spreading awareness or the benefits of your products online by creating a website or sharing in social media.

This day’s online presence is a must for any business. In case you want to start your own business without spending much, then you can join the seller program of Snapdeal or Flipkart and sell your product online from all top online shopping sites in India.

What kind of website you need for your online business? Do you know how much you have to spend to maintain such a website? It is better to learn basic web designing skills to handle small issues to same website maintenance cost.

Competitor Analysis: Did you list out who are your competitors? This is one of the mandatory step that you have to follow. Competitor analysis is a must to grow your business. E.g. if you are planning to start a salon and spa business in your society, then try to find out what others are doing. This will help you to understand what the customers are looking for, what you can offer on top of that and make your saloon unique to attract customers.

Register Your Business Name & GST: Did you register your business name? Register your business name to make it more genuine and give a positive signal to your customers. It’s very easy these days as there are many websites which will make this work in few days only. Also don’t forget to register gst number online.

Office Space: Do you have a home office set up? Many home businesses got failed due to this reason only. Find out some space at home so that you can operate your home business professionally. You need a separate space to think and execute your business plans effectively and that’s why you have to find a place for the same. In case you have a space crunch, then you may rent a small room in your society itself and manage both family & business together.

Involve Your Family: Did you involve your family in your business? You have to make your family understand about the seriousness about your business, so that they can cooperate with you and share your family responsibilities whenever required. This is a must to have, to create a successful home business.

Have a current account or Paypal: Did you open a current account or a PayPal account to accept payment from domestic as well international customers? If you have budget you may integrate a online payment gateway. These days there are various ways to accept international payment. In fact if your search with free payment gateway for my website in India, you will find few of the popular names like instamojo.com, razorpay.com etc who can help you to set up a payment gateway for free.

Promote your business: How do you promote your business online or offline? Find out the promotion plan and better to start blogging on your business niche to attract organic traffic besides paid promotions. These days, social media promotional strategies are very effective and you have to build some trust flow around your product or brand to make it popular. Digital promotion is far effective compared to offline promotion. But again that depend up on your product and business model as well.

So, you have to stress on these points to make your business plan strong and take necessary actions to make it happen. Maintaining a home based business is not at all an easy task and if you are a women or home maker then the challenge will be much more.

Did you able to set up your first home based business? How is your experience? What are the challenges you have faced? Share your feedback and query here by writing a simple comment and let me know how you find these home based business tips.

How To Create A Successful Home Business 2018 – Tips & Tricks
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10 Comments

  1. Anusha Anusha

    Hi Santhanu,
    I am thinking to start a home-based business the points you mentioned helps to me thanks for sharing such a useful information.

  2. nice post Santanu ! very helpful and many people are looking for home based business, thanks to internet and bloggers like you to share ideas with the users. Am a online seller in ebay and sell my own products now started my own shopping site.. still under seo optimization process will take atleast 2 months to get decent organic traffic, Thanks for sharing a useful post mate!

    • You are right Charan, getting initial traffic need some time and also need to work hard for SEO.

  3. Swarnava Aich Swarnava Aich

    Thanks Santanu for replying to my queries. Now since this website is on a particular holiday spot, this site requires high quality images of the place. I am not a proffessional photographer and there is a copyrighting issues. How to move about.

    Also I would like to know that whether here is any word limit for each pages of website so that it gets higher search ranking

  4. Swarnava Aich Swarnava Aich

    Hi Santanu,

    I have a plan to launch a website on a particular holiday spot of india.
    Now since it is one spot. Will it be viable. Can you also give me idea of how to monetize the site. Will it be google adsense or any affiliate program of make my trip. Can you suggest me the way out

    Thanks

    • I think this kind of website will be perfect for adsense. But in case you can tie up with any hotels or travel agent of that place, then you can make money from affiliate as well. Make sure you cover every small details about that place to make it a perfect website.

    • Swarnava Aich Swarnava Aich

      Hi Santanu..

      Thanks for replying. Now since this website focuses on a holiday spot, I will require high quality images of the place. I am not a professional photographer. I dont have any idea on copyright issue of images available in net. Kindly suggest me wayout. Moreover is there in any world limit for pages in website in order to get higher search rankings in google.

      • You can use images from various free to download websites. Or else you have to mention the sources, in case they are copyrighted. Better to ask your friends to collect pictures whenever they are visiting and collect them by sharing your purpose. In fact you can find many people in Facebook visiting that place, simply contact them and collect the pictures with their permission only.

        Regarding getting good rank in Google, there is no sure shot formula. But you have to follow few checklist to rank better in google
        1) Write quality and detailed content. Don’t copy from anywhere write in your words even if the article is not new.
        2) Try to follow all on-page SEO factors to make your content search engine friendly
        3) Make sure your website is loading fast and also SEO friendly. I always recommend my readers to start with Genesis Framework to get the best experience.
        4) Make sure you interlink your pages within your contents.

        I hope these are few tips to rank your website better in Google. 🙂

        • Swarnava Aich Swarnava Aich

          Thanks santanu. Your suggestions were valuable indeed for my venture. Thanks

          • Its really great to hear that my words are helping people. Thanks for finding my efforts useful. 🙂

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