Starting a Home Based Business

For many people, there is nothing more satisfying than being able to work from home, and we are no exception. When my husband and I looked at our family situation and what we truly want out of our lives, the decision was clear. Starting a home based business would be the perfect option.

home based businessI should probably explain the ‘family situation’ that I mentioned, as ours is different from many. I am a disabled and retired service member, now spending my time taking care of a houseful of children. I homeschool my children and take care of my home and farm, therefore, the majority of our time is spent right here…at home. My husband, by trade, is a master craftsman, specializing for years in home remodeling and construction. Kris and I both share a love of carpentry and just building in general. We are also both artists and enjoy design.

I tell you all of that for this reason; while being self employed, for many, is a terrific goal, there are a few things that are very important to acknowledge and determine before embarking on starting a home based business of your own.

home based business1. Determine your goals.Determining your goals helps to narrow your focus. Your goals could be just about anything, but your plans need to be shaped to fit within the realm of those goals. Our goals were quite simple. We are not terribly materialistic people, so we weren’t so much looking for tons of cash flow (though, I’m sure we wouldn’t turn it down…); we simply wanted to be able to spend our time together as a family, therefore starting a business from home certainly fit our goals.

2. Know your skills. This seems like a no-brainer, you would think, however there are a lot of failed businesses that began because someone wanted to take advantage of a trending idea or product, but they didn’t necessarily have the skill level with that particular product category. Our business centers around our long standing talents and skills in the fields of carpentry and design, as well as all things homesteading. We know our field and we know our abilities, therefore it is a natural fit. That being said, there is no reason, in this day and age, that a person cannot gain the skill level that he or she requires.

home based business3. Know what skills that you don’t have. This is a very important point. There are so many details that go along with starting a business. Business paperwork and accounting, taxes, websites and social media, marketing, sales, and the list goes on. You don’t necessarily have to know all of these things, but you do have to be aware that you don’t know these things and prepare accordingly. There are so many different resources out there where a business owner can find assistance in areas of business that they don’t or can’t handle. Just don’t fool yourself into thinking that these things are insignificant, because they aren’t.

After looking at all of these criteria, and certainly with prayer, Kris and I determined that we could move forward with starting a business from home. It has been a wonderful choice for our family and we are looking forward to so many new and exciting adventures along the way. If you are looking at the idea of beginning your own home based business, I wish you lots of luck for future success. Just have a close and honest look at the three points above and get goin’!

Until next time,

God bless.

 

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