In 2020, the popularity of running a business from home has skyrocketed, and the benefits of doing so have never been clearer: Running your own home business can be a highly rewarding means to make a living, and the inherent flexibility it affords can allow the 21st century business woman to lighten the load in many respects—most notably, those of childcare and commuting. Ultimately, a home business can allow a woman to maximize her work productivity—which then of course creates more of that all too precious free time for the activities you’re really passionate about. But in order to make a success of your home business, you will need to go about it in the right way. So here are 17 bright ideas to do just that.
Establish boundaries – Working from home is no piece of cake: you will need to establish a ‘work time’ and a ‘home time’, at least as an ideal template for you to adhere to. There will of course be occasions where your work is unavoidably interrupted by home matters, and vice versa—but the point is to keep them separated as effectively as possible.
Create a Home Office space – As your home is your most personal space, it’s important to allocate a professional space for you to do your work in: a space with the utilities and privacy that allow you to work efficiently and continuously.
Professionalize remote meetings – Since video calls are quickly becoming the new standard of business communication, it’s important to convey the right image during these meetings. Design a fitting background that will give your clients and business partners an image of professionalism and make sure your remote lingo is on point.
Network online – Utilize every possible resource for networking, such as Facebook, Twitter, and LinkedIn. Networking is not only great for creating new business opportunities, but it can also be beneficial to your social life too.
Prioritize communication – With the increasing social-mediaization of business interaction, the importance of communication skills and practices has never been more crucial than they are now. Since communication is now mostly digital, organize yourself so that you will be able to respond to any correspondence on any platform swiftly, and in a manner appropriate to that form of communication.
Practise etiquette – With the various new modes and platforms for communication that have arisen, research the etiquette of each to establish a set of sound criteria to follow. Doing this could be the difference between a good reputation and a bad one.
Get yourself a virtual office – So, what is a virtual office? Basically, a virtual office is an unbeatable way to facilitate your home business! Just for starters, having your own virtual office will instantly boost the image of your business, which will be registered to a professional business address.
Get a virtual receptionist – One of the most popular options to add to a virtual office is the service of a virtual receptionist or virtual assistant. This service is particularly useful if your business involves a high frequency of phone calls, as your virtual receptionist will process them efficiently whilst enhancing the professional image of your business.
Hire meeting rooms – Another benefit of virtual offices are the optional access to professional meeting rooms, for those times you need to conduct a meeting with a client or business partner. Discussing business in a professional environment is far more effective than doing so in informal or public locations.
Get a business centre listing – Overlooked by some, the advantage of having a listing in a directory for business centres is that it effectively promotes your business to clients and partners—particularly if you have acquired a prestigious address with a virtual office.
Outsource to upscale – In taking your home business to the next level, it’s essential to delegate some of the expanding work by hiring freelancers or contractors. This will enable you to maintain efficiency whilst effectively guiding the growth of your business.
Invest in HR – One of the major benefits of running a home business is the large savings in overheads. An effective strategy to upscale your business is to invest those savings into hiring the best employees available, which will enhance the efficiency of your business and the quality of its products or services.
Hold an ‘open house’ – As your business expands and you need to find the best talent, holding an ‘open house’ is a great way to screen for potential employees. By sending invitations to the most promising prospects and hiring an executive room for the meeting, the ones who turn up will have revealed themselves to be the genuine prospects by proving their interest.
Learn from the successful – An enlightening and ultimately rewarding practise is to learn the lessons of the most successful entrepreneurs—particularly since they generally have a passion for sharing them. Be sure to read articles by entrepreneurs, listen to their interviews, and read a book or two on those who resonate most with you.
Re-evaluate your business plan – Not only is your business in a different state than when you began it, but the business and economic environment is constantly changing too. That’s why it’s important to re-examine your status, the climate, and your goals if you want to take it to the next level.
Try New Age techniques – Mostly rooted in ancient spiritual traditions, new age techniques can enhance your spiritual and mental health. Practices such as yoga, meditation, and creative visualization can help you create a balance in your life that allows you to fulfil your potential.Take a lunch break walk – When working from the very place you live in, it can be easy to become oversaturated in your environment without even noticing it. That’s why taking a break to get out for some fresh air and bustling environment – not to mention exercise – can be most beneficial.