Dreaming of being your own boss and having the flexibility to spend time with your family while still maintaining a good income? If this sounds like you, starting a business from home could be something you consider.
Below, we’ll cover the benefits of starting a business and the tips and steps moms can take to help get their dream business off the ground—all from the comfort of their own home.
Benefits of Starting a Business from Home
As a mom, working from home can be challenging, but the benefits make it worthwhile. Here are just some of the benefits of starting a business from home as a working mom.
More flexibility throughout your day: When working from home, you can build your own schedule and work when you want, giving you more flexibility throughout the workday.
More time spent with your family: The hardest part of being a working mom is spending time away from your kids. When working from home, you can take your lunch break with your kids and not have to give up being involved in their daily routine.
Save money on childcare costs: With you at home, you can save money you would be spending on childcare. With your own business, you’ll have more flexibility so you can handle watching your kids while working during the day.
Spend less time commuting to work: No more early mornings getting the kids and yourself ready and sitting in traffic on your commute to the office.
Increase your income: Though running your own business can mean spending money upfront, you have the ability to maintain or increase your salary.
Tips for Running an At-Home Business
Got a great business idea and ready to get started? Here are a few key tips to help you before you take the plunge.
1. Figure out a marketing strategy
Nailing down a marketing strategy will be key to helping get your business off the ground. You’ll want to get clear on who your target market is and how you can meet their needs, what channels you plan to market your business through, and a timeline of your marketing campaigns and how you plan to execute them.
When you have a marketing strategy in place and are clear on your brand’s purpose, it’ll be easier for you to build your business.
2. Learn about tax deductions
Education is key when it comes to building a business and who knew tax deductions could be so confusing? Make sure you do your research and understand how taxes and deductions work to avoid any penalties in the future.
As a new business owner, keep the following in mind:
Self-employment taxes
Payroll withholding taxes
Sales tax accounts
Home office expenses and deduction
3. Build your online presence
As a small business, promoting your brand online is one of the best (and free) ways you can get your products in the eyes of potential customers. This is especially important when building a home-based online business. Your website, social media profiles, and email newsletters are helpful for attracting new customers and keeping existing customers interested in your business. Leverage these platforms to build a community and loyal customers.
4. Be patient with your growth
Success doesn’t happen overnight, so give yourself grace and don’t give up. As long as you’re putting in the time and effort it takes to get your business to where you want it, you’ll start to see results in no time.
Ready to get your business started? Check out the infographic from Solo below on the steps to take when starting a business from home.
No comments:
Post a Comment