Dodo Loves Marketing

However skilled you are at the work you plan to do from home, your primary consideration in setting up your new business, must be to establish your market. Quite simply, that means finding your customers. In any business, whether you are a plumber, consultant or counsellor, you need customers to succeed. Tracking customers down — and holding on to them — is one of the most difficult challenges for any new business. If it is remotely possible, it is best not to leave your current job, if you have one, before you have at least one or two leads. ..more

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Licensing, registration and inspection

It is amazing how many businesses require some form of licensing, registration or inspection. Bed and breakfast establishments, for instance, may need to be inspected by fire officers, to be registered with the local authority, and may even need planning permission and official approval of their signs from local planning officers. That’s before they start taking on catering, in which case there is another host of rules to contend with. These rules have been set up for the public good, wisely or otherwise. But many people do not know about them. Unfortunately, ignorance is no defence and you could end up being fined heavily if, for instance, your kitchen is not up to environmental health standards for a catering business, or if you are an unregistered childminder. If you make toys which do not comply with safety standards or sell clothes without the correct labelling, you could also end up in hot water. ..more

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If you are fully employed by a company or on a contract, this will not be an issue for you apart from the initial negotiation of your terms and conditions. However, if you are self-employed, there is no doubt that lack of security is a major issue and it may be one that will never be completely resolved. This is because however successful you become, there will always be good times and mediocre - if not bad - times, and as the owner of the business, you will take the brunt of this. However, there are ways you can minimize the lack of security experienced by self-employed homeworkers : ..more

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Motivation is perhaps the single biggest factor in making the difference between success and failure in any business venture. Surveys have shown that poorly motivated employees, however hard they are worked, consistently produce poorer work than those who may work less hours but have better motivation.

But what gives us our motivation differs with our personalities. For some people, motivation is largely external. They work hard because they have external rewards to motivate them — a pay cheque, the approval of colleagues, or a boss breathing down their neck. However, when you work at home, you are largely out of sight — and possibly out of mind — of your boss. (This is the major reason cited by managers for their opposition to teleworking. In a recent Department of Trade and Industry study, many managers said that they did not approve of teleworking, because without a boss to manage employees their work would invariably decline.) Even more challenging, you may actually be your own boss. If you have been the sort of person who regards the boss’s holiday as a good reason to down tools yourself, you may well have problems working from home. ..more

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