Get Paid for Giving Good Advice, Part 2

Posted by Raymond Chancellor in Home Business on October 15th, 2008 |  No Comments »

Consultancy as a Home BusinessIn this article’s first installment, we sketched the basics of how to set up consultation as a home business.

Now, let’s get some pointers on how to make consultancy work for you.

Start Small
Whenever the media uses the word “consultant,” most people think that it’s big bucks – but that’s not necessarily true. Consultation can be as simple as helping out a neighborhood store with some inventory and product issues (if you’re an accounting consultant), or the local construction company with some engineering issues on a house (if you consult for engineering). Of course, as your reputation grows, so do your projects – but these will also take more time. Balancing your time is very important, especially if you still have a day job. And, as mentioned before, never forget to bring business cards wherever you go.

Keep yourself valuable
Always update yourself on what is happening in your field – these innovations may give you more solutions that you can give as options in your own work. Moreover, it doesn’t hurt to pick up more knowledge along the way, be it traditional or online education. That way, you enrich your own expertise by learning more in other areas.

Don’t be too generous with advice. If they feel that you have given all that you can to their business, why should they hire you for future projects? Measure your analyses and responses to your client’s needs. And never offer a make-do solution or analysis if there is something better.

Know your boundaries
Finally, one of the big pitfalls in consultancy is to assume more than what your specialty actually covers. Clearly define the limits of what you’re supposed to be consulted for, and put it in writing. This way, you maximize your effectiveness and cost efficiency, and keep risk for both you and your client to a minimum.

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Get Paid for Giving Good Advice, Part 1

Posted by Raymond Chancellor in Home Business on October 10th, 2008 |  No Comments »

Get Paid to be a ConsultantOne home business that you may want to look into is consultation. A consultant is an individual who has an in-depth understanding of a particular area of knowledge, and offers insights based on that understanding for a fee. It’s normal for consultants to be hired for important projects, or even be put on retainer, so their advice can be called on whenever it’s needed. Major personal or business decisions can hinge on a consultant’s analysis of a given situation.

So, how does one go about setting a consultation business?

The first step, of course, is to find out if you are qualified. Many of us have hobbies or job skills that we consider ourselves to be very good at. Consultancy simply markets that knowledge – specifically, your grasp of the subject. Common consultation services are those for management, IT and engineering. Specific-specialty consultation (like one for fashion) is more for individuals or projects.

The next step is to build your marketing. Visit specialty forums on the internet and attend event s where you can give away business cards. Give out sample advice, just enough for them to be interested in hiring you.

Finally, once you’ve been hired, make sure that you have proper copyright and legal papers to make sure that your contribution is specifically attributed to you, and that you are paid for it. Treat all matters confidentially.

Tune in for the second part of this article, as we touch on some more details about consultancy as a home business!

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Marketing Your Home Business, Part 2: Follow Through

Posted by Raymond Chancellor in Home Business, Online Business on October 7th, 2008 |  No Comments »

Marketing you home businessMarketing doesn’t end when people inquire about your product or service. Your reputation carries your company. Marketing includes how you perform your services, or how good your product is. It also means that you don’t forget your customers after the sale or payment.

Give them a taste of what you can do
You have to be more aggressive, sometimes. If you can talk to the management of the local diner or bakeshop, then give them a call.

Send a product sample or offer a service demonstration. You can also offer a first-time discount, or free service for first-timers. Just make sure that they leave with a positive impression.

Make sure your products or services are available on request
Would-be clients hate waiting, or learning that service isn’t available at that moment. Have extras or service options, just in case. For example, if you have a home cleaning business, always have substitutes on call.

Keep in touch
Remember to keep satisfied clients in mind. Send them greeting cards on their special holidays. A client who feels your personal touch will not hesitate to refer other people to you.

Feel the pulse
Finally, observe how people are reacting to your products and services over time. It may be necessary to repackage your company’s image periodically. You may even have to change your products or services totally if the need arises.

The key to successfully marketing is clearly communicating that you have quality products and services. Combined with a customer-friendly image, you will be able to attract customers who will keep on coming back.

Never underestimate the power of marketing, especially for home businesses.

Online courses that can be the starting point for home businesses:
1) Home-based health care assistance
2) Automobile mechanic services
3) Paralegal services

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Marketing Your Home Business, Part 1: The Pitch

Posted by Raymond Chancellor in Home Business, Online Business on October 3rd, 2008 |  No Comments »

Marketing your home businessHome businesses need marketing, just like any other. Businesses exist to be profitable, so you have to make sure that your marketing will bring in clients or customers. Here are a few pointers on how to put your home business on the map.

Research your target market
Pinpoint whom exactly you are selling to before you spend on your marketing strategy. You can do this by scanning forums and web sites related to your products or services. You can also send an email questionnaire to friends and family, for them to send to their friends. This way, you don’t waste your time marketing yourself to unresponsive or even hostile people.

Use the right look
Fit your image to the market. Design your company name, profile write-up and even your business card to attract prospective clients. A gourmet catering business, for example, would probably have the image of a chef’s hat as its symbol. On the other hand, a food supplier for children’s parties may prefer to use a clown with a hotdog sandwich in hand.

Your image should also present your unique selling point. If you provide babysitting services that includes home tutoring or art classes, then emphasize that.

Research on what others before you have done to promote themselves. You can learn from what worked – and what didn’t.

Emphasize business, not that it is home-based. That way, the point is that you’re a professional, not that you work from home.

Enter the right networks
Join networks and activities where you can market your products and services. If you are selling your family’s special apple pie, then join community activities like local sports events and school functions. You can also join food forums and blogs on the Internet.

Now that you’ve spread the word about your company, it’s time to go to the next step. What you’re marketing should be as good as you say it is.

Join us for the second part of this article, and see why marketing doesn’t end with someone being interested at what you’re offering.

Interesting home businesses that you can try:
1) Being a travel agent
2) Going on eBay
3) Working with Google
4) Reviewing products

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Get Fit – and be a Personal Trainer!

Posted by Raymond Chancellor in Home Business on September 30th, 2008 |  No Comments »

Being a personal trainer can be very rewarding.Get ready to run around! If you’ve got what it takes, why not become the ultimate soccer mom or dad? Be your neighborhood’s personal trainer!

A personal trainer is a professional who manages a client’s physical fitness. He or she does this by studying the client’s health and lifestyle, and creating a workout plan for it. The trainer also personally oversees the client’s exercise routines. Some personal trainers also suggest diet and lifestyle modifications to help their clients stay fit.

1) Do you have what it takes?
It’s not about becoming the cliché drill instructor, it’s also about learning how to listen to your client. Aside from figuring out what exercise regimen can work for him or her, you have to know how to motivate them positively to exercise regularly, so that they won’t lose enthusiasm or worse, resent the activities. You have to be a role model as well – you can’t be a trainer if you look like you’ve eaten one too many donuts yourself.

2) Get certified.
To establish that you’re a professional, you can request certification from various organizations such as the National Federation of Professional Trainers (NFPT). Once you’re certified, decide on a specialization. You could remain a general trainer but end up a jack-of-all-trades. Find out which sports are popular in your area and build exercise routines for them.

3) Do the rounds.
You should be making appearances in the local gyms, YMCA’s, and schools. Open your mind to possibilities: remember that personal trainers are for all ages and all reasons. You wouldn’t know when a potential client might come your way, so always keep a stack of business cards handy.

4) Cross-training is important.

You should consider enrolling for home courses in health care or nursing to expand your scope as a personal trainer. These courses will help you develop more effective diets and lifestyle changes for your clients. Be indispensable. Be all-around in keeping them healthy.

If you have a passion for fitness, try your hand at personal training. You’ll enjoy your work, and help others become healthy.

Other organizations that can certify you:
American Council on Exercise (ACE)
American College of Sports Medicine (ACSM)
International Sports Sciences Association
National Council on Strength and Fitness (NCSF)

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