Give Your Day Job A Rest And Become Your Own Boss

June 28, 2011 - PRLog -- NoSprayNolay.com has laid of three very important tips that can help people achieve their dreams of working at home and running their own online business. One of the most important things any potential small business owner has to take into consideration is if the product or service they are selling is going to be worth starting a business.

Without testing the market to see if the service being offered will be in the interest of others is step one. Talk to family or friends and see what their views are on the item and go from there. Without a new and unique product, the product may not exceed expectations and therefor the business may never have a chance to grow.

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The second step that is truly a basis of all business and that is to get familiar with profit and loss. The product and service is a great idea but the market demographics are very competitive which may make it difficult to achieve higher margins. Without enough proper margin there is no way that the company can grow because there is no room to support the business and also no margin to market or pay for advertising of the products or services.

Creating an online business will lower the cost of your small business which will give small business owners more capital to place into marketing and exposure rather than having to pay for brick and mortar rent or leases.

The third step is to make sure that a backup plan is in place. Always have a backup plan in everything that revolves around the business! Start planning out new business plans and find out if the business is going to work while still getting paid at the day job. Set aside a percentage of the weekly check to have some capital for the business. This means in order to start a online business, you will have money set aside for the yearly domain fee, the monthly hosting fee, and the website designer fee. The domain fee is about $10 a month and the base hosting fee is about $25 per month. The website designer fee is going to be where most of the expenses will go. Use the current job to help start your dreams. They owe it to you for all the stress and heartache that you have endured over the years anyways right?

“Becoming your own boss, working your own set schedule are what dreams are made of but achieving this is not easy. Yes, there is a lot of work involved. It may seem like it is taking forever to get your business up and running but these are the growing pains every business needs to go through in order to become successful."

"No matter what challenges your business faces, stay positive and remember that with every challenge is an opportunity. I can guarantee you that a challenging day running your own business is a much better day than making money for your Ex-boss."

NoSprayNoLay.com has more information about how to become your own boss and quit your job without having to struggle with financial issues in the future. There are many ways to live your dreams and becoming your own boss is just a step to financial freedom.

Read the rest of the story here, http://www.nospraynolay.com/242/when-to-quit-your-day-and...

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