Friday, June 15, 2012

Many of us would like to be working from home, but we don't know how to do it. Of course, many of us dream of packing up the 9-to-5 grind, moving things on home, and doing exactly as we please. Yet, many us are scared of doing just what we want to do most. Why is that? Because we're scared to leave that secure income, for one. However, if we can get past that fear, there's also the issue of having enough capital to get a business actually up and running.

When you run a home business as a sole proprietor, of course you need to take money in. However, if you want to start a home-based affiliate marketing business, this can be a completely different story. In fact, this can be pretty easy to do. Several things make it an attractive way to go when you want to start your own business.

One of these is that you can work from home. It's pretty comfortable to work from home, if you think about it. Everything is right there where you need it, you can be home for small children if you need to, and there are many other benefits besides.

There's no worry about commuting, no worry about dressing "professionally," no need, for the most part, to work around other commitments. When you work from home, you have many advantages over someone who works in 9-to-5 job.

If you're a home-based affiliate marketer, you can go even further. Most sole proprietorship setups for home-based businesses will need significant startup capital. Even a small business is usually going to need some money. However, to do this, you need to go to banks to get the capital you need. This can put you at even greater risk, because of course you have to pay that money back. However, as an affiliate, your risk when compared to a sole proprietor in an "ordinary" home-based business is only about 10%.

When you become an affiliate, you are either going to be selling goods or services as a representative of another company. You're paid according to how well you perform and you don't have to worry about sales targets or about making a certain number of sales every month. Instead, you just concentrate on selling the goods or services and on increasing your own earnings.

In addition, if you're a sole proprietor, you usually have to worry about competition. It's true that you may hit a niche market whereby you're not going to have a lot of competition, but otherwise you're going to have to attract customers away from businesses that are much more well-established than yours is. This can be quite difficult, because customers tend to trust businesses they've are he worked with. If you do attract new customers away from competitors, you may also create some bad feelings between you and those businesses.

However, if you work as a home-based affiliate, you're going to be selling products that have are established on the market and are proven. In fact, you can actually check and see how salable the products are before you sell them. If you choose well-known and trusted products, then it's likely that you're not going to have a problem attracting customers. This greatly reduces your stress.

When you run a home-based business as a sole proprietorship, it can take you years to get established. In fact, almost 70% of small businesses fail in the first year. Those businesses that make it past the first year still have some struggles to overcome. In fact, it usually takes about five to seven years to establish a significant profit in a sole proprietorship. In that case, business owners have to continually promote their businesses to stay afloat.

If you are a home-based affiliate marketing associate, this can be much easier to manage. Of course, you're going to have to work hard to promote yourself, but most of the startup is going to be done for you. You'll have your line of products or services and you'll have the ways you can advertise them. In addition, a representative from the company you work with can support you. Your mentor can be there to answer any questions you may have. Remember that your mentor once you do succeed, because if you do, he or she does, too.

When you run a business as a sole proprietor, of course there are some great rewards. The financial rewards, too, can be substantial as long as you succeed. However, your odds at getting there can be minimal.


Post a Comment

Powered by Blogger.

Popular Posts