Business Work Within or From One’s Home
Historically, man started doing business using the home as a base for operations. In certain rural communities today, the practice of professional service and and cottage industries is still prevalent. These areas commonly have medical practitioners, dentists, building tradesmen, and enterprises producing or selling processed food, that maintain operations within or from the home. Entrepreneurship has been one of the driving forces that helped human kind “conquer the world”. That drive has now created industries with offices and plants away from the domicile of people, requiring them to travel daily to and from work (with many spending a substantial portion of the day devoted to the commute). That same entrepreneurial force, though, is now also fueling the tendency of more people going back to home-based business opportunities as a means of getting out of the rat race.
The ideal is to set up a home business with minimum entry barriers and low capital investment. Businesses that offer goods or services that people look for, yet not many other businesses provide within the immediate locality do make money. It is inevitable, however, for others to emulate the success of a trailblazer, which increases competition. When this occurs, a home business entrepreneur must find means of maintaining a unique selling or service attribute to keep competition at bay.
Numerous websites provide eLearning courses on basic business fundamentals and how to jump-start a home business. Guidelines on how to craft a viable business plan tailored to what the would-be entrepreneur has in mind, are provided by these courses. There are those who also detail how to avail of business loans and point out potential financial assistance sources for augmenting capital or operating funds.
Online info-sites also provide checklists on applicable laws and regulations that have to be complied with for securing a permit to operate a home business. Certain businesses may not be allowed to operate within or from a residential zone. Some communities may be concerned with the traffic congestion the business may bring in, or the goods having materials hazardous to the health and safety of people and the environment. Home enterprises that adversely affect social or cultural norms particular to the area may not be allowed.
Home-based operations do not necessarily involve a person setting up an enterprise. Business processing companies engage people as home-based partners or free-lance agents. Others work effectively from the home as online direct marketers and sellers for the products of certain companies. Many today get decent income writing blogs and web content.
Working from the home as an entrepreneur or agent requires more than a college degree, persistence and/or finding the right business to focus on. The individual must be adept at optimizing use of applicable technology and media to build a network of connections that can sustain a home based business undertaking.