Getting Started

Hello again I have a little extra time (imagine that) today and wanted to get right into how to get started at becoming successful as a stay at home Mom with your own business. The first thing that you really need to do is a lot of brainstorming and then research. You need to decide what kind of business you want and how to make it happen. Also you need to find out who is your competition. If there is a lot of competition it will be harder for you to market. So there are lots of things to consider when choosing a business. Another important thing is that your business is something that you need to be passionate about, something you can market with excitement and get others excited about your products or business.

Below is a great article that I have utilized in the past and can give you some helpful pointers once you have established what you are going to do.

10 Steps to Starting a Business

Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.

Step 1: Write a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2: Get Business Assistance and Training

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Find government backed loans, venture capital and research grants to help you get started.

Step 5: Determine the Legal Structure of Your Business

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 6: Register a Business Name ("Doing Business As")

Register your business name with your state government.

Step 7: Get a Tax Identification Number

Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

Step 8: Register for State and Local Taxes

Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits

Get a list of federal, state and local licenses and permits required for your business.

Step 10: Understand Employer Responsibilities

Learn the legal steps you need to take to hire employees.

Resource: http://www.sba.gov/content/follow-these-steps-starting-business

For an example for myself I love crafting and creating things. I make Soaps, Jewelry, and other crafty things that I sell at local shops, Farmers Markets and on my Etsy Shop. If you are good at making things this could be your first or only business. This is where I started and I use to boost my income to help my Main Business thrive. I also am very good at giving Psychic Readings so I also do this from home and bring in extra money. There are so many things that you can do, and the possibilities are endless. It takes some hard work and dedication, but the benefits are amazing! I have been able to stay home with my kids, work when I want and take vacations as I choose. I have no Boss and I know that I create my own paycheck. You want a big paycheck, work harder! It is that simple. I love my life and my goal is to help others learn to love their lives as well! Until next time, Many Blessings! Sarah 

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