How to Grow Your Home-Based Business

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how to grow your home-based business if you work out of the home you have more options than ever to grow your business without jeopardizing the bottom line with overhead costs but like any business there are wise measures to take in pacing the growth you will need focus assistants and freelancers a company website other businesses warehouse space and a supervisor optional a franchise and a personal touch step 1 focus on a single product or service don’t spread yourself too thin trying to be everything to everybody when success comes expand the product or service line up and perhaps diversify step to hire freelancers before you bring them on as full-time employees use that time to decide if you really need the extra help or could go without it try landing someone who is also working from home think about franchising the business or licensing if it’s possible to replicate the process elsewhere step 3 create a website and reach customers without having to pay for bricks and mortar office space until the company is ready for a big move step 4 engage members of your community so you can spread the word about your business offer to speak to your local Chamber of Commerce and community groups who respond to local business owners willing to share expertise at no charge good business is always personal people are more prone to do business with someone they know and trust step 5 contract or join forces with other businesses to build sell or ship for you instead of exhausting yourself trying to manage everything from the garage get the time back to concentrate on managing and building your business step 6 when you’re ready rent space and hire a full-time supervisor should revenue justify it so that you can grow more quickly to impress or meet clients rent furnished and staffed professional or executive suites by the hour day week or month did you know Apple computers hershey’s Mary Kay Cosmetics and Ford Motor Company all started out as home-based businesses