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How to Organize Your Time While Working From Home

admin — Thu, 20 Oct 2011 00:00:00 +0000

Here are some suggestions for staying on track when your work schedule is in your own hands:
- Have a specific work space
It’s a waste of potentially profitable time to spend 20 minutes every day looking for where you left a file, or setting up your work for the day at the kitchen table.
Obviously, not all home based businesses require you to be sitting at a desk. However, they do all involve supplies and information that you should have in an easily accessible and “ready to get to work” location.
- Plan your day/week/month
Rely on your watch and calendar as you would if an employer was depending on you. Try to designate working hours for yourself when interruptions will be minimized, even if you have to adjust this throughout the month.
- Avoid multitasking
There are always other things around you that need to be done when you work from home. Try not to be distracted as much as possible. The laundry will wait.
When working from home, there will always have to be room for flexibility, but having an organized schedule will go a long way in helping you make a success of your business. Good luck!

Five Non-Traditional Home and Online Businesses

admin — Tue, 18 Oct 2011 00:00:00 +0000

Want to work from home? Starting a home or online business has become more and more popular, especially amongst mothers with young children. High childcare costs make working from home the ideal solution. Historically, working from home has often meant direct selling or doing highly technical stuff on the internet. No longer. Here are five ideas for less traditional online businesses that somebody considering working from home can think about.

1. Virtual assistants. Many companies are looking for ways to save money. Outsourcing secretarial work to a virtual assistant is becoming more and more common. If you were a secretary before, you can hire yourself out to do work by the hour or by the task.

2. Candle making. Scented candles are big business right now, and people like hand made ones. Making candles is considered one of the best home crafts you can do to make money. Soap works well too.

3. Genealogist or family tree researcher. If you’re good at finding things out, this one is for you. Plenty of busy people will pay somebody to help them find out what their ancestors were up there.

4. Image or beauty consulting. Not everyone wants to go to a salon…an image consultant can go to somebody’s home and help them match colors, choose makeup or decide on the best new hair cut.

5. Online tutor. Find something you’re good at that can be taught over the internet and then advertise it. Help with written English or math is a good one, but you might also tutor in history, geography or theoretical science.

How to File Taxes on a Home Business

admin — Mon, 17 Oct 2011 00:00:00 +0000

Running a home based business can be considered relatively easy these days thanks to the internet. As with any other businesses, you will need to file taxes on your income and earnings. Contrary to what some might believe, the process of filing taxes on a home based business is no different than what would be the case with filing taxes on a brick and mortar business or working as an independent contractor.

You would simply log the amount of money that your business generated, deduct all legitimate business expenses, and then pay the tax on the profits. Profits or losses would all be presented on the Schedule C form that would accompany your 1040 tax return.

You will be required to make estimated tax payments through the year on a quarterly basis as well.

Keep in mind, you will be required to pay self-employment tax since this is the category you would fall under with a home based business. However, there may be additional deductions you can take for business use of a home.

It is extremely important to employ proper and accurate bookkeeping when you run a home based business. Many will take a casual attitude towards this and that is a huge mistake. You need to treat your business like a business because it is a business! This means proper bookkeeping is a must.

Five Fast and Easy Start Up Businesses

admin — Sun, 16 Oct 2011 00:00:00 +0000

You can start a new business without spending too much time or money preparing your new business. Here are five fast and easy startup businesses for you to consider

Web Design Business: You can create a business designing websites if you have talents in this area. If you already enjoy creating websites, you probably have software that you can use for the business. You will simply need to start promoting your business to find clients.

Online Writer: Writing articles and content for websites, blogs and forums is another way to make money. Once again, there is very little that is needed to start this business other than a computer and Internet Access. If you are a good writer who is passionate about words you can start a writing business.

Auction Seller: You can use Ebay and other online auctions websites to start your own business selling products. It is easy to start selling if you have items that you no longer need. You can also enter into drop shipment programs to sell new products to customers.

Dog Walking or Dog Sitting: If you love animals, you can consider starting a small business where you walk dogs or even where you babysit dogs. All you need is a love of dogs and some neighbors or friends who need help caring for their pets.

Consultation Services: If you are an expert at something, you can begin working as a consultant for businesses and organizations. For example, if you are a marketing expert, you can provide advice and assistance to companies looking for better ways to market their business.Still bored? Click to continue: Starting your business – what business structure will you choose. Wendy Mason