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It Takes Money to Make Money - Yes It's True Anthony NM

A good number of new home based business owners seem to go down the “what do I do now” path after they start a business. Especially those that joined a direct sales/home party plan business. They may have had the carrot dangled in front of them about how easy it will be, about how much money they can make and about how they get to create their own work hours.

University of Houston-Victoria SBDC
(361) 575-8944
3402 N. Ben Wilson
Victoria, TX
 
El Paso Community College SBDC
(915) 831-7743
9050 Viscount Blvd, B-520
El Paso, TX
 
International Business Planners
(915) 584-1124
1011 Los Jardines Cir
El Paso, TX
 
El Paso Chapter Texas Society of Certified Public Accountants
(915) 833-3616
Po Box 222173
EI Paso, TX
 
Lci Lippman Consulting
(915) 838-1619
444 Executive Center Blvd Ste 227
El Paso, TX
 
McLennan SBDC
(254) 299-8141
3402 N. Ben Wilson
Victoria, TX
 
SBDC for Enterprise Excellence
(817) 272-5930
9050 Viscount Blvd, B-520
El Paso, TX
 
Calhoun & Company
(915) 584-4235
5550 Westside DR
EI Paso, TX
 
Lujan Consulting
(915) 565-4400
3719 Mckinley Ave
El Paso, TX
 
Ayoub & Associates Consulting
(915) 577-0400
4157 Rio Bravo St
El Paso, TX
 

It Takes Money to Make Money - Yes It's True

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March 11th, 2009 admin Posted in Doing Business Online , Work at Home |

Too many people are entering into working at home blindly and end up frustrated or throwing in the towel because they didn’t plan accordingly. Unless you are extremely creative, with some special connections and a run of good luck, you cannot expect to start a business and not spend any money. I think at times an individual is so excited about the prospect of working at home that they jump in with both feet, but with no plan on what to do after they start their business. This is why I always stress to people who want to work at home to take their time, research the companies or ideas they are thinking about, and make a plan.

A good number of new home based business owners seem to go down the “what do I do now” path after they start a business. Especially those that joined a direct sales/home party plan business. They may have had the carrot dangled in front of them about how easy it will be, about how much money they can make and about how they get to create their own work hours. They probably were not told about the monthly expenses that are inevitable which can range from: web hosting, phone bills, office products, training materials, postage, fees, a monthly commitment to buy products, and marketing/promoting their business. It is rare that a real business would require NO money in order to run, build and grow it.

Do yourself a favor, and plan as to what your monthly expenses will be. Think of everything that you possibly would need to keep your business going. There is something true about the old cliché “it takes money to make money”. Does this mean you need to have a fortune in order to start and run a business? No. But what is does mean that whether it is $10 or $1000 a month, a business does cost money to run. Those who think otherwise are not looking at a home business realistically or are not serious about keeping a business going. So, be smar...

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