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5 Top Things Baby Boomers Must Do Before Starting a Home Based Business
Posted by nick_niesen on October 28th Authentic Alvin Kamara Jersey , 2010


5 Top Things Baby Boomers Must Do Before Starting a Home Business


Don't quit your day job just yet.If you are a baby boomer looking to start a home business, there are 5 essentials things you must do first.


Leaving the security of a job with an established 401(k) plan, health insurance or other benefits can create a real tug of war for baby boomers who want to pursue their dreams of owning their own business.



Analyze Your Exit Strategy


At the time of this writing, the youngest of the baby boomers are turning 42 and the oldest are turning 60. No matter where you fall into this group Authentic Marshon Lattimore Jersey , analyzing and preparing your exit strategy from your job will be crucial to your long-term success as a home business entrepreneur. Do you have adequate savings? If you're married, will you be able to participate in your spouse's health insurance?



Create a Financial Plan


How much is your salary now? What are your fixed, variable and frivilous expenses? Creating a solid plan so that you and your family will know exactly what the financial picture will be until your business gets off the ground and starts generating revenue.



Choosing a Business Model and Legal Entity


There are several business models to choose from; home party plans, consulting Authentic Tre'Quan Smith Jersey , and affiliate marketing to name a few. You have to make the decision based on your personality and what you are best-suited for. Choosing a legal entity for your business should be discussed with a tax accountant or your attorney. Options are sole proprietor, LLC or Subchapter S- Corp.



Set Business Benchmarks


You wouldn't travel across the country without a road map, your business is the same. Setting financial and business-building benchmarks will help you to create a focused plan that will help you to reach your success.



Get a Physical


What does getting a physical have to do with your business? Once you leave your job, most likely your health insurance will change and as unfair as it may be Authentic Marcus Davenport Jersey , trying to get new health insurance when in your 40's, 50's or 60's can be difficult. While pursuing your dreams of a home business is something you are probably very passionate about, if you do not have good health to enjoy the rewards of your efforts, then not much else is important.


The baby boomer generation is like no other before it or after it. Technically Authentic Michael Thomas Jersey , we are considered middle-aged, but we are anything but middle-aged in mind, body and spirit. We know there is more meaning to life than a commute to an unrewarding 9-5 job, but there are also important steps we must take first. Planning and preparing for your home business now will lead to less headache's later on.

Home Based Business 聳 Offline Marketing Strategies

Posted by nick_niesen on October 28th Authentic Drew Brees Jersey , 2010


The Internet has become the largest medium of communication; and has presented a lot of business opportunities. Online home based business owners tend to limit themselves to online marketing methods. Nevertheless, there is a huge potential to promote your home based business through some cost effective offline marketing strategies. So what are the most effective offline marketing strategies for your home based business?


1. Word of mouth in your circle of influence
Word of mouth is one of the best free advertising channels. We all have people we interact with on a daily basis, and these are potential customers. Make a list of all the people you know or interact with and how can you best tell them about your internet business. Be passionate about your internet business and always be prepared to tell someone about it when an opportunity to do so presents itself!


2. Mail-out newsletters and flyers
Mail-out newsletter or flyers can be effective if you target it to a specific 'group'. You could create one to distribute to local day care centers just as an example - and in your newsletter or flyer, highlight the benefits of an online business to the targeted group Cheap Chauncey Gardner-Johnson Jersey , for example earning money at home for stay at home moms or dads. Posting your home based business URL on bulletin boards can also be effective.