Getting Started With Home Based Businesses

Ok, yesterday I started my “Ten Questions to Assess Your Home Based Business Potential“, so lets continue on with that and discuss a few of the work at home questions I think you need to be aware of and be knowledgeable about. First, you will need a list of your business background such as:

  • Resume (as complete as possible)
  • Financial records, including banking and expense records for the previous year
  • Word processing program or paper version of your work at home self-employment planning journal

Be sure not to skip any of these home business questions as everyone of them is important, spend as much time as necessary to get a good understanding of what is going on with your life and how feasible a potential work at home business is for you.

The Questions

1. If you were laid off today, how long could you live on the cash in your checking and savings accounts? (Do not count retirement, stocks, or bonds.)

2. What marketable skills do you have, and how do they apply to the home business you’ve chosen to launch? If you ran in to someone who could refer 100 ideal customers to you right now, how would you describe your business – in 30 seconds or less?

3. How do businesses similar to the one you propose to launch gain customers?

Be specific. How much do you know about the industry or profession you’re entering in to? Recording your answers to this quiz in your business planning journal gives you a valuable record of the ideas, skills, and weaknesses you possessed when you launched your business.You might want to periodically review your answers and retest yourself on the first anniversary of your business opening.

4. What happens on days when you just don’t feel like working, but things have to get done? Do you accomplish the tasks before you, or do you spend your time trying to avoid them?

5. Have you ever worked toward a goal that took six months or more to complete? How did you motivate yourself to sacrifice time, money, and other resources?

Spend time on these work at home job questions, and you will get a better understanding of the direction and timing that is going on with the potential home business opportunity.

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  1. Home Based Business Start Up Questions Continued | Home Business Says:

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