Starting a Home Business in 2009 January 12, 2009

Starting a Home Business in 2009

These are dark and dreary times and there doesn’t seem to be any economic relief in sight. However, this might just be the best time to consider starting a home business.  Start up costs are typically low and maturity doesn’t take years as is the case with traditional businesses.  If you are planning to launch your own home based business in 2009, here are a few points to ponder:

Pick a Business Niche that Interests you

Starting a home business is like getting married. You need to be interested in the relationship for the remainder of this century. Pick a niche that is both marketable and interests you.

Research your Niche before Investing

Use every conceivable research opportunity to understand your niche. The niche might fascinate you but that doesn’t mean you are an expert in that knowledge domain. Use the Internet, search on Google and Yahoo, visit your local library, check out your local book shops and read up on your niche as much as you can before you put your money in the pipeline.

Check out your Competition

If you have healthy competition in the niche or business vertical you have chosen, it means that there is a market for this service. Do not jump into your niche until and unless you have identified five successful competitors in your niche. Investigate them thoroughly.

Build your very own Website

If you visit my site at http://youtakingaction.com, you will notice that simplicity is the order of the day when it comes to website designing. Your website should be simple, easy to navigate and full of rich content. Write to me and I will set you up with my web design and content development company in India who will take care of you. They charge $500 US for a 10 page website including content, domain registration and web hosting. I don’t think you can beat that deal. Their e-mail address is: global.technicom at gmail.com. Tell them you are considering starting a home business and they will cut you a deal!

Read my Blog and Visit my Website Regularly

I want to help you launch your own home  business this year so read my blog and website. Bookmark them both. Free consulting is here for the asking!