Best Advice for starting a New business

Before you think you'll need a bank loan, remember that you can start a small home-based business for a few dollars—or even for free.

You can easily run your home business from your kitchen table, and to be honest, you can finance it with the money you save on groceries.

How long will it take you to run your home business? That depends on several factors, the most important of which is how hard you want to work on your business. If you have plenty of time to work on your business during the days, you can go all in. If you already have a job or two, you can work on your business in the evenings, before work, or on weekends.

The amount of money you earn will be determined largely by how hard you work for your business. for If you work full-time, your business can earn hundreds of dollars per month and grow to several thousand dollars per month.

Working your business part-time can earn you an extra $100 to $1,000 per month. And that could be exactly what you need to supplement your regular job income.

What type of business should you start? Try to find one that matches your skills and requirements. If you enjoy talking to people and convincing them of your ideas, you would do well in a business that requires some selling. You'll love it and make a lot of money doing it.

Don't worry if the prospect of having to sell something makes you want to flee. Some businesses don't require much selling. All you have to do is use the products you sell and talk about them when people ask about them.

Of course, new customers do not usually fall into your lap. To find new prospects, you must make an effort. Here are a few easy and inexpensive ways to gain new customers.

1. Tell everyone you know about your company. Many people will be interested and want to buy from you.

2. Distribute postcards. Send ten emails per week. Names and addresses can be obtained from clubs, associations, the chamber of commerce, and "list brokers" who sell addresses. Look in the Yellow Pages under "Direct Mail."

3. Create a website. Fill it with all of your experiences, products, and ideas, then register the site with Google. Its completely free site listing will soon be included in all search engines.

4. Put ads in email newsletters. It's a low-cost way to reach thousands of people who are likely interested in starting a home business. Search for "ezine directory" on Google to find websites that list thousands of email newsletters.

5. Use your products or services to raise funds for a local non-profit. They can sell the product you provide. It's a win for them and a HUGE win for you because you'll make money from those sales while also gaining new customers.

6. Sell at local flea markets. Purchase a low-cost booth and share your story with anyone who will listen. That's why flea markets exist, and you won't feel out of place.

7. If you already have a website, use it to promote your business and convert visitors into customers.

These are some tried and true ideas to get you started. If you have the desire to create your own business, go for it. It will be the wisest thing you have ever done.