Small Business Ideas: Sell T-Shirts Online Without Keeping Inventory

Most times when we talk about starting an online business most times people only think of selling digital products online. The idea of selling physical products never cross their minds.

But that shouldn’t be so.

In fact, with the improvement and growth in ecommerce, you can build an online shop and sell physical products on your online store without carrying any form of inventory!

In this post I want to share with you a video guide on starting an online business selling t-shirts.

Why t-shirts?

It will interest you to know that the demand for t-shirts online has grown greatly in the last few years. One of the pioneers in this industry, Teespring, now ship about 17 million t-shirts yearly. Besides, the online t-shirt industry is quoted as being around $3.7 million per year.

This is indeed good indicators for anyone who wants to start an online business. And with the many popular print-on-demand companies that you can turn to to get started, this is one online business you’d want to look into.

That’s why I have decided to share this video with you. Hope you get some ideas from it.

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Alright, here’s the video guide:

How to Start an Online T-Shirt Business (Video Transcript)

Not only are they a classic piece of casual wear, but t-shirts are a blank canvas for artists and entrepreneurs alike. Because of this, selling t-shirts online has become a very popular business choice. The good news is that online t-shirt stores are relatively inexpensive and quick and easy to set up. The bad news is competition will be stiff and the margins can be small so in order to be successful with your new t-shirt brand, you have to make the right decisions from the get go.

In this video, we’ll go through the entire process of starting an online t-shirt business. We’ll go over strategy, t-shirt and print quality, as well as creating and mocking up your designs. And then we’re going to show you step by step the easiest – most cost effective way to get your online t-shirt store up and running – without having to deal with any upfront inventory costs, minimum orders, or even shipping and fulfillment.

Now, I’ll be starting a store from scratch so I can show you just how easy it is to get up and running – here’s a quick peek at what the final product will look like. So follow along and by the end of this video, you too will have created a beautiful online t-shirt store – even if you have no design or coding experience.

Okay, There’s a lot to cover in this video, so if you’ve already thought about your strategy, tshirt quality and design – you may want to skip ahead to one of the following sections: And for those of you just starting out, let’s get started with some strategy and the key areas you’ll want to focus on to ensure you build a solid brand that stands out from the competition.

Great, let’s get started.

Niche – You hear the term get tossed around a lot, but nowhere is it more important to choose a niche than in the graphic t-shirt industry. In general, broad categories like t-shirts with funny slogans are going to be challenging to gain traction for right away because there’s so much competition online. You’re going to want to tighten it up a little more.

An example of a more specific niche would be t-shirts with funny slogans that relate specifically to fitness.

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Design – The majority of people that are purchasing graphic tees are looking for designs, graphics and slogans that connect with them and reflect their opinions and personality. Your designs don’t necessarily need to be complex, in fact many of the best selling graphic tees are very simple, however, they do need to connect with your audience and stand out.

Quality – Another extremely important factor in the success and sustainability of an online t-shirt business is quality. You can fool someone once, but you can’t fool them twice. The quality of the shirts you use and the prints needs to be good quality. A pattern that fades and cracks or a t-shirt that shrinks and rips won’t create raving fans that come back and repurchase.

Let’s dig a little deeper into t-shirt and print quality. So, T-Shirt Quality. Not all t-shirts are the same and not all print jobs are the same, so it’s important to educate yourself and choose your blank shirts wisely. It will always be tempting to sacrifice on quality for higher profit margins but you need to consider how the quality will affect customer’s decisions to share your brand and repurchase in the long run.

Now, quality t-shirts encompass several factors, including fit, sizing, material, softness, and weight. A great starting point for determining which blank t-shirt to use is to check out T-Shirt Magazine Online’s review of some of the most popular blank t-shirts for printing.

We’ve linked to this in the description of this video. Once you narrow down your choices, we suggest you order each of the t-shirts yourself to make an informed final decision.

T-Shirt Printing Quality – In this day and age, there are three popular methods for printing designs onto t-shirts. Each method has its pros and cons, and will partially depend on how much time you want to invest into the product creation, as well as the printing partner you choose.

One of your options is screen printing, which is an old technique that has stood the test of time. As one of the most popular methods for printing onto t-shirts, screen printing can produce durable and long lasting results. However, a labor intensive initial setup means screen printing is most cost effective when printing in bulk.

Screen printing also poses issues when it comes to complex designs or designs with more than four to five colors as each color increases costs and production time.

Another printing method is Heat transfers and heat transfers have also been around for a long time and exist in several forms. You may have even seen basic heat transfer paper at your local office supply store. Although these make it easy to print your designs from your home computer and transfer them with an iron, these won’t cut it when it comes to running a business.

The more advanced form of heat transfers are called plastisol transfers and are printed by professional printers on special, high quality heat transfer paper. The advantage of this is being able to order a stack of prints from your local printer and transfer them to your t-shirts as you receive orders with a commercial heat press machine.

Heat transfers can produce full-colour images onto t-shirts relatively easily and quickly.

The final technique for printing is the direct-to-garment printing process, which operates much like a ink-jet printer you would have at home. The printer prints ink directly onto the t-shirt and can produce full color images with accuracy.

Direct-to-garment printing produces quality printing on par with screen printing and better than heat transfers. Because it operates just like an ink-jet printer, there are no setup costs. This means that it’s easy and cost effective to print small orders.

The major disadvantage however is the lack of volume discount for large orders, as it takes the same amount of time to print each shirt.

So which option is best for your business?

Well, like we said, it all depends on your unique situation. However, for a lot of new online t-shirt businesses, it will be tough to sell a large volume of shirts immediately, which makes screen printing too pricey and although heat transfers allow you to print on demand – it is time consuming and generally of lower quality.

So Direct to Garment may be your best bet. Alright, let’s talk about T-shirt design.

Now, if you already have a design, feel free to skip ahead.

Creating your designs – Once you have some ideas for t-shirts you’ll have to actually design them. Now, if you have Photoshop or similar programs you can try producing some simple designs yourself – however if you’re like most people, you will likely need to enlist some help. A great place where you can find a design community with loads of unique talent is on dribble. Search for the style you’re looking for and message the designers you like to see if they’re available for freelance projects.

Additionally, if you can’t find a designer, there are also options to purchase pre-made designs. We suggest taking a look at the t-shirt marketplaces Designious and T-Shirt Factory, which we’ve linked to below this video. Although you’ll want to keep in mind that if you choose to go this route, there’s a high likelihood that other people are already selling the design, making it harder for you and your brand to stand out.

You may also want to check out general graphic design marketplaces like Creative Market and Graphic River but keep in mind if you plan to sell your t-shirts, you’ll need to purchase a commercial license.

Mocking up your designs – Once you have some final designs, your next step will be to get some mockup images of them on actual t-shirts. Your customers are going to want to actually see what the final design will look like printed on a shirt. The easiest way to do this is to use a free web-based T-shirt mockup tool. These tools allow you to quickly preview how your designs will look printed on a t-shirt.

Head over to “ShirtMockUp.com” or “Theprintful.com/generator” to give it a try. And for those of you who are comfortable using Adobe Photoshop, you can also make use of the abundance of photoshop-t-shirt templates you can find online. Most Photoshop templates come with multiple layers that allow you to change the colour of the shirt and apply your own design that will blend with the creases and folds of the shirt. I’ve linked to a few of these in the description of this video.

Validating your designs – Before you spend a lot of money on your new business idea, you should first verify that there is a market for your designs. There are a number of ways you can do this. The first thing you can do is post some of your designs to facebook, twitter, and other social networks your friends and potential customers are a part of to see if there might be some interest.

Be careful asking friends however, their opinions will usually be biased because they want to support you.. Now, a great place to go to get some unbiased feedback for your designs is reddit. The unique thing about reddit is that there are thousands of category specific subreddits, so it’s easy to find a highly targeted niche of potential customers.

To find relevant subreddits, simply use reddit’s search feature and type in your keywords of choice. From there you can ask them first hand their thoughts on your designs before launching.

Kickstarter and other crowd-funding websites have also made it much easier to test, validate, and collect money upfront for your new business idea. Launching a crowdfunding campaign can be time consuming and requires a good deal of preparation, however, the benefits can be huge, which include fully funding your project before you have spent a dime.

Those are just a few methods you can try to validate your t-shirt ideas, however with ecommerce platforms like Shopify, it’s never been easier to set up a fully functional online store in a matter of minutes to validate your business idea. Additionally, we think the easiest and most practical way to get your online t-shirt business started is by integrating your store with an online, on-demand, printing and fulfillment service.

These services are incredibly convenient and allow you to set up your online t-shirt store without any risk. They offer a wide variety of t-shirts you can print on, there are no set up costs, no minimum orders, and you don’t need to hold inventory. You simply upload your T-shirt artwork, and the type of shirt you want them to print on and when you receive an order, they print your shirt, and send it directly to your customer.

The great thing is, the customer has no idea you’ve used this type of service, because you’re able to customize the return address and include your branding in the packaging.

Also, if you’re using Shopify – there are several of these services in our app store, that connect directly to your ecommerce store. This means that once a shirt is ordered from your online store – it will be automatically created, and shipped to your customer. I’ve linked to a few of these providers in the description of this video but for now let’s head over to Shopify.com and sign up for a free trial so we can show you just how easy it is to get your t-shirt business up and running with one of these services.

So, for those of you who don’t know, Shopify is a fully hosted, turnkey, ecommerce solution that allows you to easily setup and run your own beautiful store on your own domain. I’m going to quickly start a new store from scratch, so I can walk you through the set up process.

Btw, if you don’t have a Shopify account you can get a 14-day FREE trial account by clicking here. This will give you the opportunity to follow along with this training and of course have try this out right away!

The first thing I will cover is how to sync your store with an on demand printing and fulfillment service, and then I’m going to show you how to add products, and customize the look and feel of your store.

To start, we’ll type our email into the box there and hit get started. Then we’ll create our password and the name of our store. If you’re following along and haven’t decided on a name for your store yet, don’t worry you can easily change your store name later. Okay, so it just takes a few moments to create your store. Great, so Shopify wants to know where we would like to sell, let’s focus on an online store for now.

Let’s quickly add our address to set up our shop’s currency. Okay, so Shopify wants to know a little bit more about our plans. “Are you already selling?”. And we haven’t started selling products yet so I’ll tick that off. and how much revenue does your business currently make in a year. We’re starting from scratch so I click $0.

Okay so now that we’ve created our online store, we’ll find ourselves within the shopify admin dashboard and it’s best to think of the dashboard as the control center for all the operations we’ll perform on our shopify store.

Now, I want to get right into showing you how to integrate with a on-demand, printing and fulfillment service so let’s jump right into it – but if you’re looking to go into more detail with starting your shopify store, we have another great tutorial video that shows you how to get up and running in more detail. I’ve linked that video in the description of this video.

Okay, let’s get started.

So the first thing we’re going to do is head to the shopify app store. To do this, we’ll click on the “apps” tab on the left panel and then we’ll select “visit the app store”.

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So the Shopify App store has 100s of apps that can extend the functionality of your shopify store in categories ranging from marketing, shipping, sales and customer service.

Now, we’re looking for a pretty specific type of app, so let’s narrow our results by searching for the word “t-shirt”. As you can see there are currently 6 available apps that appear in the search results for “T-shirt”, you can take a look at each of them and read what they have to offer as well as look at customer reviews.

For this tutorial, we’re going to take a look at printful. Okay so like we said – No upfront costs, they offer personal branding – so it looks like you sent it and no manual orders – everything is automatically sent to printful. If we scroll down we can see, they offer a variety of t-shirts, American Apparel, Gildan and Anvil. They also offer Sweatshirts, posters, mugs and a whole bunch of other products if you’d like to branch out. They also offer 20% off and free shipping if you’d like to order samples of your t-shirts and the conveniently provide you with mock up images that you can use in your shopify store.

They even have some pre-written product descriptions you can use – although we suggest creating your own. Alright, let’s go ahead and add the app and it will bring us to the signup page, where we’ll want to create an account.

I’ve already created an account so I’ll be brought directly to my Shopify page where, I’ll want to install printful. Once you’ve created account as well, you will be redirected here. Okay so our store is now synced with printful, and we haven’t added any products to our store so we won’t see anything here quite yet.

In the blue box, we can see that printful wants to make sure we follow their print guidelines. Let’s click on that link. Here we can see more information on the t-shirts and pricing they offer. If we scroll down we can see the variety of shirts and sweaters they offer and if we click on the image, we can see all the colours that are offered, as well as a description and sizing information.

If we click on the retail prices tab we can see how much each shirt will cost. And these prices are what you pay for the shirt and the print. The American Apparel 2001 T-shirt costs you $16 and if you sell your t-shirt at $26 you will profit $10. Of course, you decide how you want to price your t-shirt so you determine your own profit margins.

If we click on the shipping tab we can see the rates for the USA, Canada and the rest of the world. Just like pricing, it’s up to you to you to decide if you want to offer free shipping on your products or if you want to adjust your shipping rates according to the printful rates. We’ll dig into this in more detail shortly.

If we click on the mockups tab, we can download some apparel mock ups and they also point you in the direction of some other mock up tools that we mentioned earlier like shirtmockup.com. And if we click on the guidelines tab – we can get some instruction on the details of the print file we need to include. We can very easily download these files and work along with them, but if we want to get started quickly, we can click on the mockup generator from the top menu.

So this feature allows you to generate a t-shirt mockup and print file very easily. The first thing we can do is pick our t-shirt brand. We’re going to print on American Apparel Tees, so I’ll select that.

The next thing we’ll do is pick our t-shirt colour. And then we can upload our artwork. Once it’s uploaded we can adjust, where we want it to appear on our T-shirt. center the file by clicking the center button, or adjust the size of our graphic by using the slider bar. When we’re ready we can click to proceed to the file generator and click to generate the mockup and printfile. And it will just take a few moments. And We can now download these files.

Great, now let’s quickly set up our billing information so we can get all synced up with Shopfiy. There are few options and we’re going to go with the default payment method. Now, if your printful account is connected with your Shopify store, all you have to do is add a credit card and any new shopify orders will automatically be added to printful and your credit card will be automatically charged for them.

No manual order submission required. Okay, let’s head over to our Shopify store – and we’re going to add our first t-shirt to our store. To do this we’ll click the products tab and select add product.

Let’s name our Shirt Just below that we can add our product description. You’ll want to take some time to craft a proper product description but we can always change this later.

Type: T-Shirt

Vendor: Shopify

And let’s make sure we add this to the frontpage collection, which means the product will be featured on our home page. And Images. This where we can upload our T-shirt mock ups, or if we have any shots of our products on models or anything like that. For now, let’s just add the mockup file that printful created for us. Okay price. I’ll just go with $30 for now.

Since we plan to print on demand, we don’t need to track inventory. And this product has multiple options. So we’ll need to add the weight of our product for when we set up our shipping rates. We’ll get into this in more detail but for now, I’m going to say that our t-shirt weighs kilograms. Variants, this is where we can add our different shirt sizes. And we’ll just type in the sizes we offer and separate them with a comma.

Okay, let’s hit save product. And our product has been successfully created. So now, we’ll want to sync our t-shirt with printful. Let’s hit this handy button on our top bar and select “edit on printful”. And as we can see our Shirt has been synced and it is showing the sizes we added. What we can do now is add our printfile, and let printful know what type of shirt and size we would like them to print on.

Product Type, T-Shirt. Brand: We’re going to go with American Apparel and the model, we’ll go with the very popular 2001, fine jersey sleeve men’s t-shirt.

The size for this one will be small, and the colour black. We can now add our printfile by selecting “front print” and clicking upload file – and then we’ll locate the printfile we generated and downloaded and click the image to confirm. We also have the option to add a back print or outside label at an additional cost. We can also add the mockup we created. Let’s go ahead and do that. It will just take a few seconds to upload – and again we’ll click the image to confirm. Then we will hit done – and repeat the process for the additional sizes. As you can see all the info is conveniently filled out and we simply have to change the size of the shirt.

I’ll just adjust our large shirt as well. Great, so our t-shirt is all synced up with printful and ready to go. Now let’s take a look at adding our branding to the packages printful ships out to our customers. So, printful is completely white label, which means you will not see their name or branding anywhere and they make it very easy to add our branding to their packages. To do this we’ll head to “settings” from the top tab, select stores from the left tab and then click edit. So here we have the option to add our branding sticker.

Follow printful’s size and quality guidelines, and at no extra cost you can easily add your logo to all your packages. Additionally you can add some custom text to your packing slips by filling out the custom packing slip message right here and you also have the option to change your return address, although printful recommends that you keep their address as the return address.

Okay great, so now that we’re all synced up with printful, let’s head back to our shopify admin dashboard and quickly set up our payments and shipping rates.

To set up payments, we’ll head to settings and then select payments. Okay, so for our users in the UK, US and Canada, our Shopify stores have automatically been set up with Shopify payments, which allows us to start accepting payments from all major credit cards instantly. All we have to do is click to “complete shopify payments account setup and fill out the relevant information. And for our users outside of the UK, US, and Canada, don’t worry – Shopify has integrated with over 70 different payment partners so there are plenty of hassle free options available.

Additionally, as soon as we open our Shopify store, we will be set up with a Paypal Express Checkout account with the email we used to sign up for our Shopify Store. As soon as we receive our first order through PayPal Express Checkout, Paypal will send us an email that contains the link and instructions to complete our Paypal account set-up and claim our funds. Alright, let’s setup our shipping rates and to do this we’ll select the shipping tab on our left panel.

Okay, so like we said before it’s entirely up to you how you want to set up your shipping rates. You may decide you want to offer free shipping to your customers, or even build the shipping prices into the cost of your shirt. We have some great resources that can help you get a shipping strategy in place that I will link to in the description of this video. But for now, we’ll show you an easy, and safe way to set up your shipping rates, so that they match the rates that printful will charge you.

Let’s pull up Printful’s shipping rates for reference. So you can see they have different rates for the USA, Canada and Worldwide shipping. We’ll set up our Canadian rates first, because that is where we are located. So our first t-shirt will cost $and each additional shirt will cost $1.00. So we’ve already been set up with some standard shipping rates – but these won’t do us much good since we want to match printful’s rates.

So let’s get rid of the heavy goods shipping. And let’s open up the standard shipping and customize it. Let’s set up a shipping rate for if our customer orders 1 t-shirt. So, the first thing we’ll want to do is change our criteria to “based on weight”.

Now, if you remember we put the weight of our t-shirt at 0.5kg. so we’ll put our range 0.0kg – kg. And we’ll set the shipping price to $as per Printful’s rates. Now we can hit save and our shipping rates for orders of a single t-shirt have been set. So next we’ll want to set up a rate for customer’s who order 2 t-shirts.

We’ll click “add shipping rate” – I’ll add the same title “Standard Shipping”. Okay so we know we’ve weighted 1 t-shirt at 0.5kg, so 2 t-shirts will weigh 1kg. Therefore we’ll want to change the weight range of this rate to 0.6kg, so that it weighs more than 1 shirt – to 1 kg. And we know printful charges 1 extra dollar for each additional t-shirt to Canada so we’ll change our rate to $9 instead of 8. We can keep filling these rates out in a similar fashion – you may also decide to give your customers who are ordering a bunch of shirts a deal on shipping. You can achieve this by changing the weight range for example to 1.1-20kg with a shipping rate of $10. Meaning if they order, 3 shirts or more they are offered the same rate of $10.

To set up rates for the USA we can click “add country”, and select the united states. We’ll then follow the same method we used to set up our Canadian rates. To set up international rates – click add country, select “rest of the world” and again follow the same process to set up your rates.

Okay, so we’ve taken care of the logistics. Our store is integrated with printful – our products are synced and we’ve provided print files. We’ve set up our billing information on printful and set up our shopify store to accept payments. Our shipping rates are set – but you’re probably wondering – what does my store actually look like? Well, that’s really up to you. Let’s head back to our admin and click on themes tab to get started customizing the look and feel of our store.

So, the theme of a Shopfiy store controls all aspects of the store’s appearance and layout. Now, Shopify actually automatically sets us up with an introductory theme called launchpad, which is a great starter theme – but let’s quickly head over to theme store and explore some options.

So there are lots of themes to choose from and we encourage you take some time looking through them and seeing which one would work well with your t-shirt business. For now, let’s narrow our results a little bit by selecting a free theme, that is in clothing and fashion.

So our results have narrowed significantly, and I’m personally drawn to the “new standard” theme so I’ll click on it. Here we can learn more about the theme, view a demo, see what styles it comes in and read some reviews. If we’re satisfied with what we see we can click “Get Theme” and publish it as our stores theme. And it will take a few moments to publish it. Now, we can view what our store is looking like by clicking this view on your website button or at any time by using the handy icon in the bottom left corner.

So our website is pretty blank – we’ve only added one product. But we can easily customize our theme and start filling it out by adding our logo to the top – adding a nice slider image and filling out our About us section. First things first, I’m going to quickly go back to our products page and add 3 more t-shirts just so we can better visualize our store. I’d encourage everyone to do the same. If you’re following along, make sure to add your new products to the “front page” collection so they will appear on your home page.

I’d also like to mention that if you’re adding shirts that you plan to sell, remember to sync them with printful, by using the same process we used with our first t-shirt. Okay great, so we now have 4 products to fill out our store and help visualize it.

Let’s head back to our themes and click customize theme. And there are our 4 products displayed on our front page. Let’s start by adding our logo – to do this we’ll click the “header tab”. If we read the description it let’s us know that our logo dimensions can be a maximum of 844 pixels wide and 200 pixels high. I’ve already got a logo prepared so I’ll click choose file – locate my image, and click open.

Great, let’s save those changes. Next up, let’s add a slider image, by clicking the back arrow and going down to the homepage tab. We can see that our image should be 844 pixels by 490 pixels. Let’s click the replace button under “slide 1” and select our banner image. Cool – so that’s added. I also have another one I will add so it can scroll through two different photos. Same idea, I’ll click replace under Slide 2 and locate my photo. Awesome, you can also very easily add captions – or you may even decide you want to turn off the slider.

Take some to explore the storefront editor, it’s extremely intuitive so you can easily customize the look of your store. If we look at the footer section, for example we can easily link our social icons, which are located at the bottom of our page to our appropriate channels, simply by changing the URL. If we don’t use a particular social channel, we can easily remove the icon by deleting the URL entirely. And as you can see our Google + icon is no longer there And if we’re interested we can add our contact information into the boxes below. Okay let’s save changes. Alright, so our T-shirt store is starting to fill out nicely and another thing we may want to edit is our “about us” section and our blog. To start, we’ll head back to our admin dashboard and click pages.

From within the pages we can very easily customize our about us page and we can change the text on our frontpage by selecting the “frontpage” section. And just like everything else, adding blog posts is extremely easy. Click on the blog posts tab from the panel and there is one set up for you that is ready to edit. And to add additional blog posts, simply hit the “add a blog post” button from the right hand corner. Okay and the last thing we recommend you do is register a custom web address by clicking settings and then domains. All new stores start with a with a (dot)myshopify(dot)com address as a way to log in and store our content safely, however it will look much more professional if you get your own custom .com address for example. You can do this very easily by selecting the “buy a domain” button and the domains will even be offered to you at a discounted price – or – if you already have domain, you can easily add it to your store by selecting to add an existing domain.

And there you go, just like that you’re all set up with your custom branded, online t-shirt store. And if you’ve followed along, your t-shirts are all synced up with printful – so when someone purchases a t-shirt – an order is automatically sent to printful, printed on your t-shirt of choice and sent directly to your customer. And since you don’t have to worry about upfront inventory costs, or printing and shipping you’ll have plenty of time to focus on other aspects of growing and running your online t-shirt business. I’d also like to mention that your store is currently private, and password protected – but when you’re ready to launch you can easily remove your password by heading to settings, then scrolling down to the “storefront password” section to remove your password and make your store live to the public. If you have any questions please don’t hesitate to leave a comment below – and if you found this video helpful, please let us know by clicking the like button.

Thanks for watching.

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4 Effective Strategies for Managing Your Small Business Accounting Books

That more and more are taking up the entrepreneurial challenge by starting their own businesses is no more news. In fact, with the economic recession pushing more people into the labor market this is indeed a good thing.

However, starting your own comes with its own . There is so much to be managed and except you manage things well, that dream success can become illusive.

Managing your business books as a small business

Now, one of the areas you need to manage very well if you want to succeed with your is the financials. You need to manage your business books properly if you desire to see the good results.

While you don’t have to be some financial expert to do this correctly, fact is, if you plan to be your own accountant, there are many tax pitfalls you can fall into during the upcoming year if you are not aware of them.

While balancing your own books can be a viable way to save money, tax and bookkeeping errors may cost you a great deal in fines and lost time. The way out is to have a workable system that will help you manage your business books effectively.

No matter the size of your business, you can avoid a lot of mistakes by practicing a few simple accounting strategies. In this post I want to share with you a few proven accounting strategies that will help you manage your business books and succeed doing so as a small business.

Recommended: 3 Simple Tips to Starting a Business Online From Scratch

Strategies for Managing Your Business Books Successfully

1. Plan Ahead

Panning ahead is essential to manage your business books well

One of the most effective strategies for keeping an efficient bookkeeping system for business can be to plan carefully from the start. Read and review different types of accounting software and be aware of new rules that might affect you as an .

As MVU Online reports, technology is changing accounting practices and you must be quick to adapt. Once you find a system that works for you, create an accounting schedule so you can plan to do certain tasks on certain days to remain consistent.

2. Track Business Expenses Carefully

Knowledge about taxes is important for succeeding with your business

When you balance your own books and handle your own tax information, you must remember to record business expenses carefully and truthfully.

Some business expenses may include office furniture and supplies, gas for a vehicle you use for business, and shipping supplies. If you , you may even be able to claim certain utility bills, such as heating, lighting, and wireless internet.

Record usage each day and keep all business receipts in one place so you can access them easily.

3. Seek Training

Get training to succeed with your business

You do not have to be a financial expert to do your businesses’ books, but it may help you to take a few accounting classes or a seminar to gain a bit of additional know-how. If you are planning to be your own accountant in the long term, you may want to consider getting a master’s degree in accounting, especially if you plan to grow your business quickly.

If you are considering the pursuit of a master’s degree, New England College offers a variety of graduate degrees in accounting. Having additional education from this institution may help you keep up with different types of accounting practices. NEC also offers online forensic accounting degrees, which may help you find a job if you decide to switch careers later on.

4. Include Taxes in Your Business Budget

Never default in tax payments

While it is always exciting to make a profit with your new business, you should remember that not every dollar you make will remain in your wallet. Taxes must be paid, and when the time comes to pay them, they might take you by surprise. However, you can avoid this by budgeting for your taxes all year long.

One way to save for your taxes is to open a separate account for the money and save about twenty percent of your monthly income for taxes. By tax time, you will not have to scramble to find the money elsewhere.

Recommended: 5 Simple Ways You Can Build A Cult-Like Following Around Your Brand!

Conclusion

As a small business owner being your own accountant will definitely save your business money, especially if you are running on a shoestring budget during that difficult first year. But it’s important that you brace up for the challenges this throws your way. You will need to carefully plan and ensure that you keep up with new tax rules and regulations as this is essential to your continued success.

As long as you stick to these strategies, managing your business books yourself will be enjoyable and less tasking.

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4 Lucrative Home Based Online Business Ideas You Can Start Today

Earlier I shared 18 small business ideas you can start with little or no money. If you are thinking of starting not just an , then check out that post.

In this post I want to share with you 4 online business ideas that you can start right now. While the earlier post dealt mainly with businesses you can run offline, these ideas are geared towards those who would rather start an online business.

In recent times, online businesses have become very popular as more and more people are looking online to beat the economic meltdown. Unfortunately, many who want to go this way are finding it difficult to make a headway because of the various business opportunities out there.

Truth is, many of what is being laundered online as are nothing but scams perfected by con-artists. This article is therefore a simple guide to help you with the different online home business models out there.

Lucrative online business ideas

Online Home Business Categories

After about 10 years online, I can say the different types of online businesses can be divided into three broad categories. These are:

  1. Selling products or services to retail customers
  2. ; and
  3. Business-to-business selling.

When you are looking at creating and therefore, you’ll want to look at what your specialty is and then create your business around one of these three broad categories.

If you decide on selling to retail customers, you will have to find a way to sell your products or services in a different manner than many of the other retail websites out there. If it is selling on eBay, then you’ll have to find a wholesale distributor of products from whom you can procure your products at a great discount. If you already work within the business-to-business forum, this will be an easy transition for you.

Suggested Home Based Online Business Ideas

Start an online business

The following home based online business opportunities all fall into these three categories. Any of them will help you start and build your own online home business.

1. Freelance Writing

The first one that we will look at is to become a freelance writer. This is a very good way for you to if you need some part-time income. While you can make it a full-time venture, I wouldn’t advise that. This is because it is not only tedious but also time consuming. However, it can be a great way to start and get your feet wet working online. The experience gained can come handy in creating something bigger

2. Building Niche Sites

Another way you can work in creating a home-based online business opportunity is to work on building a website around a particular theme or niche. Your source of income for these types of websites is mainly affiliate products and maybe selling advertising.

These types of websites do not require a great deal of money upfront. If you commit to doing this, it can build up into a very nice part-time or full-time income in no time. Of course, you may not see instantaneous results but if you take time every day to work on developing your websites you’ll be pleased with the end result.

One of the keys to succeeding with this business is in finding cheap keywords and creating your website content around them. Also you will need to build backlinks from other similar sites. By doing this you’ll be setting yourself up to have a high page rank, which is critical to ranking on the search engines.

Sites built this way can easily drive organic traffic from the search engines. Google adWords is another great way of driving traffic to your niche websites. This is another powerful way of creating an online business.

online-business-ideas-for-all

3. Selling on eBay

Another way you can build and create an online business is through eBay. This is an area which was particularly hot several years ago and still remains a solid business proposition. Many over the years have been able to make a full-time income on eBay.

You will need to find a wholesaler where you can get products at a discount to sell on eBay. The general idea when selling on eBay is to find a drop-shipper. A drop-shipper is either a manufacturer, a retailer, or a wholesaler to whom you can transfer customer orders and shipment details so that they can ship the goods directly to the customer. You will simply need to buy the product at the wholesale price and then make money on the difference between the amount you bought the product and what you sell the product for on eBay.

Using a wholesaler allows you to focus on selling the product without worrying about inventory. You do not need to worry about any sort of shipping or back-end but you will want to make sure that everything gets sent out. If there are problems with shipments, the customer will be coming back to you and not to the wholesaler.

For the best wholesale shipping directory on the Internet go to worldwidebrands.com.

4.

This is another good way of building a lucrative online business. One quick way to find affiliate programs is by visiting www.affiliateprograms.com. There are different categories for you to choose from. Some of the categories you would want to focus on are finance and investment, food and beverage, automotive, and health and fitness.

Ensure you read and understand the listed sites because each affiliate program have their own terms.  You will want to visit the website to learn more about what they do since you will be spending a great deal of your time promoting them.

Also, with each of these affiliate programs, you should consider how much you would be making by selling each of these. You’ll probably find several programs that seem interesting to you so see which one peaks your interest and pays well and head for that opportunity.

Conclusion

The internet has given us unimaginable options of making money doing what we love. With the right knowledge and guidance you can turn any of these options into a lucrative business. Research any of these online business ideas and with some creativity you can profit with the one of your choice.

Top 5 Inspiring Ways You Can Make Money Online

How would you love to make some extra money without leaving the comfort of your home?

Sounds cool, right?

Then you should read carefully what I have to say in this post!

There’s no doubt that having the ability to make some extra cash in our today’s economy is something that every one of us will crave any time and day. Of course, that extra income can make a huge difference to your lifestyle!

Unfortunately however, the common scenario is that many people are still struggling to live on their salary. In fact, they barely survive. But that shouldn’t be since you can make extra money online without even leaving the house.

So, if you feel as though money is always tight, you should know that the internet has given you the power to change that. In this post I want to give some inspiring ideas that will help you earn some extra money on the net.

Let’s roll…

Simple ways to make money online

1. Become a Product Reviewer

When a company launches a new product, they need people to review it. That means that many businesses out there are willing to pay people to write reviews. There are loads of schemes that you can sign up to, which will suit your lifestyle. Commercial businesses will send items to your door. All you have to do is test out the products and see what you think. Next, you will need to write a range of reviews online for each product. The companies will send you money in compensation for your time and skills.

2. Blog, Blog, Blog

Blogging is one of the easiest ways that you can make money online. If you are a skilled writer, you will find it simple to make a second income from your passion. The first thing, you need to do, is choose a focus for your blog. You should choose a subject that you adore and know well. That way, you can write about it with expert knowledge. Try to offer your audience something when you write. Over time, you can start to gain a readership. Once you have an audience, you can start monetizing your blog.

3. Sell Products Online

The ecommerce industry is massive right now. If you want to make a great deal of money online, you ought to consider setting up an online store. Ensure that you understand the logistics of selling products. There is a lot to get your head around so it may take some time. You need to understand inventory management and stock taking. If you don’t take the time to learn these things, you will find it difficult to succeed. You should make sure that you take the time to learn these skills before you begin.

4. Publish an Ebook

If you love writing fiction, you could release a novel online. Many people think that they can’t publish a book by themselves, but it is possible. In fact, you can issue a book in an e-publish format online for next to nothing. If people happen to buy your book for their e-reader, you will get money from that. If you write fiction in your spare time, you should consider compiling some short stories and selling them as one e-book. You can then self-publish books online. There are many tools that you can use, which will help you to create and format your ebook.

5. Give Advice and Help People

If you are an expert in a particular field, you can make money from your knowledge. For example, if you know a great deal about exercising, you can start giving people advice about it in video blogs. You can also promote yourself as an expert and offer a consultation service. That means that people will pay you for your information and tips. You should make sure that you research your area of expertise before you promote yourself as an expert. If there are holes in your knowledge, people will not trust the information that you give them.

Conclusion

While many still think that making money online requires some secret knowledge, the truth is, if you can understand the basics of what it takes, you can work from there and scale up your acts as you go on. So, why wait? Take some time off and run a research on some of these simple ways discussed in this article. Who knows you may just be the next success story of those making money online from the comfort of their homes!

The internet has empowered every one of us today to escape the unhealthy financial circle that has become a plague to a big segment of the society. I invite you to join our newsletter for more insider tips on how to work from home online.

30 Covert Selling Tactics That Will Boost Your Online Business With Ease!

Covert selling strategies for your online business

It’s indeed surprising that many want to make money online but the idea of selling is however absolutely repugnant to them.  This is because they believe selling has to do with manipulating others. But that shouldn’t be.

Believe it or not selling is actually something all of us do every day whether we are selling tangible products or selling our ideas to others. It’s important therefore that we should learn how to market our businesses on the net if we want to make any head way.

In this article I want to give you some covert selling tactics that will help you boost your business starting now!

First, you must know that marketing online is evolving by the day. Strategies and tactics that used to be very effective a few years ago are far from effective today.  It is important therefore that to stay ahead of the competition you need to put in place your own strategies based on what you may have “discovered” in the course of running your business or what you have seen others using on which you put a “twist” on, Such strategies are unique to you and therefore can work wonders for you.

The strategies presented in this post are industry-tested and will greatly help boosting online sales. However, the idea is that you will be able to use them to build your own strategies and adapt them to your peculiar marketing needs.

Related Reading: The 3 Scientific Steps to Using Social Media for Online Selling!

Online Business-Boosting Selling Tactics

1. Use affiliate programs to multiply your efforts

Start an affiliate program and put your marketing on viral power. For example, package a product,  put it on an affiliate networking site or start your own affiliate marketing program. Create a customizable e-book and give it away to your affiliates. Ask them to customize the ebook with their own affiliate links and then give the ebook away for free. Doing this will both create a viral effect for your product as that one ebook will soon begin to pull in links from different sources online.

2. Improve you conversion/traffic ratio

You could change your headline, offer a stronger guarantee, add testimonials, etc. For example, one week you could have your headline say, “How To Lose 5 Pounds In Two Days!” and the next week use, “Lose 5 Pounds In Only 48 Hours!” Just see which one pulls more orders per visitors.

3. Uncover your most valuable leads

One way of doing this is by offering a free e-zine. The visitors who are very interested will subscribe to it. Once they have subscribed, you can sell them related products again and again. Just make sure your e-zine has enough original content to keep them interested.

4. Boost your business exposure by teaming up with your competition

When marketing online your competition is as close as the back of your hand. But instead of treating them as enemies you can actually partner with them by starting an association for your specific industry. Each member could be given graphics to put on their web pages. This would increase your membership and business exposure.

5. Publish an e-zine for your employees

This could motivate them to do a better job or keep them advised on where your business is headed. For example, you could include articles about friendly customer service, being more productive, getting along with other employees, employee profiles, etc.

6. Monitor your brand on social media

Setting up alerts to monitor your brand on social media, news sites and other discussion forums will greatly help you in knowing what others are saying about your brand. Some of the comments you find could help you improve your business. For example, you could find someone complaining about your customer service, an employee, your web site design, product, etc. Then you’ll know what to improve.

7. Attract more people to link to your web site

You can do this by offering them a discount on the products you sell or give them free items for linking. For example, you could say, “Get A Huge 30% Discount On Our E-book If You Agree To Link To Our Web Site For At Least One Month!”

Must Read: 6 Reasons Why You Should Integrate A Blog Into Your Home Business Website!

8. Build your own opt-in email list

Give your  website visitors a reason to give you their e-mail address. Allow them to sign up to free items and contests. Just get their permission to e-mail them again in the future for other things. For example, you could say, “Sign Up For Your Chance To Win A Color
TV!”

9. Create a “PR” web page for your business

List information that could be considered newsworthy for e-zines, newspapers, magazines, etc. There are many ways to get into the media, like launching an unusual product, donating a large amount to charity, holding big events, etc.

10. Boost your credibility

By referencing web sites that have written positive stories about your business you will greatly increase your credibility. You could link to them right in your product ad. For example, you could say, “Just See What (name) Magazine Is Saying About Our Newest E-book!”

11. Improve you newsletter subscription through more incentives

Almost everyone is publishing an e-zine nowadays so it’s important to give something extra with the free subscription. You could offer a weekly contest for new subscribers. For example, you could say, “Subscribe And Have A Chance To Win Our Latest Home Study Course!”

12. Provide your visitors with more valuable content.

Your content will be more attractive to your visitors if it’s up-to-date or original. You could also offer people the option to reprint the content in their e-zine or web site. If your content is super original, you could use something like “Never Seen Before” in your titles.

13. Offer a free online directory

The directory could be full of interesting e-books, e-zines, web sites, etc. If people find your directory to be a valuable resource, they will visit it over and over again. You could also put your whole directory into e-book format and allow people to give it away.

14. Give your visitors a free e-book

You could also include your own ad in the e-book and allow other people to give it away. If you don’t want to take the time to write one, you could ask other writers’ permission to use their articles. They will just want you to publish their resource box too.

15. Hold free online classes or seminars

Webinars are becoming the in-thing right now. They could be held in your web site’s chat room or you can use any of the many webinar providers out there. The idea of “live” information will definitely entice people to visit your web site. You will become known as an expert on the topic. You could hold them weekly or monthly to get people to revisit your web site again and again.

16. Give visitors a free entry into your contest or sweepstake

The prizes should be something of interest or value to your visitors. Most people who enter will continually revisit your web site to get the results. For example, if your target audience is business owners, your prizes could be computers, business e-books, business services, etc.

17. Create your own or sponsor downloadable free software

It could be freeware, shareware, demos, etc. You could even turn part of your site into a free software directory. If you created the software, include your ad inside and let other people give it away. You could also allow people to link to your free software directory so they could offer it to their own visitors.

18. Offer free online services or utilities from your web site

They could be search engine submitting, copywriting, proofreading services. The service or utility should be helpful to your target audience. For example, if your target audience is e-book publishers, offer them a free e-book creation service.

19. Give free consulting to people who visit your web site

You could offer your knowledge via e-mail or by telephone. People will consider this to be of huge value because consulting fees can be very expensive. You could also create a product by recording or saving the information you gave them and selling it to them as a handy reference.

20. Give your visitors a free membership to your online club

People want to belong to something, why not your online club? You could also give away a free e-zine for club members only. You could make money by offering a deluxe membership for a monthly fee.

21. Persuade visitors to link to your web site

Give them a freebie in exchange for them linking to your web site. It could be content, software, etc. You could make the freebie even more valuable to them if you allow them to give it away with their own customized links in it.

22. Link to web sites that provide useful information or services for your visitors

If you have many useful links on your site, they may make it their start page. For example, wouldn’t you like to go to one webpage and have on it all the links you like to visit or research?

23. Spice up your web site’s wording by using plenty of adjectives

It gives your visitors a clearer vision of what you’re explaining or describing to them. For example, if you were describing a software program you could say, “This easy-to-use software gently guides you through the whole set up process.”

24. Don’t make your banner ads look like ads

Most people ignore banner ads. Design them to look like content and have people click to read the rest. For example, you could say, “How To Increase Your Sales By 200% by Larry Dotson. To Read Click Here!”

25. Join affiliate programs that go with the theme of your web site

You’ll just be wasting valuable space and time if your visitors aren’t interested in them. For example, if your target audience is softball players, you would want to join affiliate programs that sell softball bats, balls, uniforms, magazines, etc.

26. Market your web site as a free club instead of a web site

This will increase your repeat visitors and sales because people enjoy belonging to groups. You could have a members’ message board, give visitors’ membership IDs, give them membership graphics to place on their web sites, etc.

27. Interact with your online customers on a regular basis

This will show them you care about them. You could use your blog or add a chat room, forum or an online message system to your site. Always be interested in what people have to say, answer their questions, give them compliments, and take the time to talk about things other than just business, etc.

28. Check and update your web site links regularly

If people click on a link and it doesn’t work, they usually won’t risk wasting their time clicking on another one. For example, would you revisit a web site after two of the links you really wanted to click on didn’t work? You probably wouldn’t even bookmark the site.

29. Give visitors a positive experience when they’re at your web site

Provide them with original content and free things. They’ll tell all of their friends about it. You could also persuade them to tell their friends about it by starting an affiliate program. It could pay per sale, per click or per lead.

30. Share customers with other businesses that have the same target audience

Offer their product to your customers if, in exchange, they do the same for you. For example, if your business is selling toys, you could cross-promote a business that sells kids’ games. You both have a similar target audience.

In closing

The above are just a few online selling tactics that you can strategically put to use in your business. Of course, all of these may not apply to your business right now but with a little creative thinking you will uncover some unique ways to apply them.

Will love hear what you think of these selling tactics. Are you using any of these right now?

How To Effectively Use A Blog To Boost Your Home Based Business Success!

 

So you have dreams of having a successful home based online business, right? And to actualize your dreams you have setup your business site and you’re passionately working on your promotional strategies while looking forward to hordes of traffic flooding your site, right?

But, hold it for a moment. How about a blog, did you add a blog to your home business website? You did? Oh, that’s great!

Fact is if you’re running an online business and you do not have a blog added to your website then you are like a swimmer is swimming against the current! No matter what you may have heard before now, simply setting up an ecommerce website does not guarantee that you will have clients and customers standing in line for your offers. You will need to use different strategies to drive enough traffic to guarantee your business success. This is one reason why you need to add a blog to your home business site because it’s simply an incredible online marketing tool right now.

Now, despite the many gains of adding a blog to your home based business site, there is a big problem faced by those who decide to add a blog to their business sites. This problem is that of concentrating more efforts on updating the blog to the detriment of their business!

Online business marketing strategies

This is really a big problem. For example, in running your blog you will need to constantly write highly engaging content, read and reply to readers’ comments, visit other blogs and post comments, be on the social media sites to connect with other bloggers, join blogging communities to connect with others, etc.

While all of these are necessary, the unfortunate thing is that you have just enough time to do all of these and also focus on other areas of running your home based business, especially if you are a solopreneur. And this has resulted in many abandoning their main businesses and becoming “emergency bloggers” without any real goal for their blogs! This is really pathetic and I’m sure you don’t want to be in this situation.

In this post I want to offer you a few tips on how you can effectively incorporate a blog into your business website without endangering your main business. Used well, these tips will definitely help you gain an edge over your competitors who are not blogging.

So, if you are ready, let’s boost your website success with these business blogging tips!

1. Determine Your Business Objectives

Once you’re convinced of the potentials of a blog the first thing you need to take care of before starting that blog is to determine your business objectives and how a blog will be of help in achieving those objectives.

This is definitely important because the key to having a successful blog as a business owner is keeping your goals clear and concrete at every step of your blogging adventure. It can be all too easy to get sidetracked, especially if you are just learning about the exciting possibilities of blogging technology. But if you want your blog to succeed you need to stay focused.

Write up a plan for how often you will update your business blog; how you will promote the blog, how you will retain your blog readership, and of course other areas of your blogging adventure. Once you have these set out, you must ensure that you stick to this plan in everything you do.

2. Get a Good Blog Design

When you use a free blog platform like blogger.com you’re provided with pre-designed templates. But it is a wise thing to go for paid blog services like wordpress.org if you truly want the benefits of a business blog. Using a free service takes the control of your blog from you. In fact, the blog is not yours as the hosting service can pull it down at any time. But if you opt for paid blog service (my advice is go for wordpress.org), you’ll need to get a good designer to design and layout your blog to match your company’s identity and needs.

3. Choose Your Blog Topics with Care

Of course, this should not be a problem since you’ve determined your business and blogging objectives in the first place. You just need to have a line-up of topics you want for your blogs but be sure they are in consonance with your business objectives. Strive to be consistent with your topic all the time. That does not mean you shouldn’t blog about general and unrelated topics that have broad appeal. This could sometimes make your blog more popular. But remember, your blog is there not on its own but a tool for marketing your business.

4. Understand the Do’s And Don’ts of Blogging

There are several blogs out there dedicated to teaching people the dos and don’ts of blogging. Please do READ them! Also include in your reading, blogs that are consumer-based in order to give you ideas on running your business blog. Remember that legal issues are sometimes involved in blogging; it is safer to include disclaimers and limitations of liabilities. Create blogging policies and schedule updates regularly.

Recommended: How to Make Your Business Truly Awesome in 2013!

5. Strive To Hold On To Your Readers

Update your content regularly and keep it relevant and fresh. Avoid outright marketing on your blog or you will shy away your readers. Learn how to make your business blog pull in your readers without necessary sounding like a salesman. In all you do always reinforce your company’s core values.

6. Use the Right Methods to Promote Your Business Blog

Actively promote your business blog by submitting your blogs to blog search sites and directories. Your blog is like a setup booth in the biggest trade show on earth today. Marketing possibilities are just around the corner waiting to strike your sale scales up. Be sure that your blog contain valuable and exclusive information and ensure that it is constantly updated to keep readers popping in.

Use effective keyword phrases to generate high ranking status in the SERPs. In this way, you have better chances of people finding your business website through your blog. Remember more traffic means more potential sales.

7. Listen to Your Readers

Regularly monitor your blog traffic through implementing good stats and monitoring tools like Google Analytics. Read readers’ comments, measure your results by what they are saying and if necessary make the needed adjustments. First impressions matters and your blog design plays an important factor here. You can always play with your blog design but remember that whatever design you decides on agree with your company’s identity.

Conclusion

Using a blog to promote your home based business is not different in most ways from making money blogging. However, business blogging has its own unique pitfalls. If you must successfully include a blog in your home business marketing strategy ensure that you have a clear indication of what you want. Put the above tips into use and never forget that your business blog is simply a marketing tool for your home business website.

Over to You: Do you have a blog as part of your business marketing tool? What are the challenges you are facing running your blog in conjunction with your business? Are these tips in any way helpful? Please share your experience with us in your comments below.

Freelancing: A Growing Worldwide Home Business Trend!

Freelance home business tips

Freelancing has today, gained tremendous popularity as a growing work at home business trend. Before the advent of the internet freelancing has long been recognized as a reputable profession and freelance workers were sometimes valued more than regular, permanent staff members. With the internet?s help however, more opportunities for freelancers are available and at a growing number. More people are able to work at home and more companies and organizations are able to contract out their projects instead of hiring regular employees.

Freelance as a word was first coined by Sir Walter Scott, a renowned Scottish historical novelist and poet, in 1819 when he wrote his novel Ivanhoe, to refer to a medieval mercenary warrior. However, over the years the term has shifted into more figurative meanings. In the 1860s, freelance became a figurative noun, and in 1903, it was officially recognized as a verb by etymologists like the Oxford English Dictionary.

This shift has continued and today Working as a freelancer has become a career and lifestyle choice. It has given more people a variety of benefits and these people feel that there is no better option than the ones they have due to the flexibility of work.

According to recent studies, freelance jobs account for 20 percent of contracted graphic designs, web designs and software development in the world. To go freelance is a career choice and freelance jobs offer freelancers with plenty of opportunities and benefits.

Why Will You Want To Go Freelance?

There are various reasons why many people today choose to leave the security of their day jobs and engage in freelance work. Some of these reasons are:

1. Variety Of Jobs – More people are drawn to go freelance for this reason alone. Freelance work offers a greater variety of assignments compared to regular employment. And with the internet offering more opportunities, freelancing becomes a mine for those who seek good opportunities and better projects, not to mention higher paying jobs. A freelancer can also take on different jobs at one time. He/She can write feature articles while designing a website.

2. Fast Turnaround Of Projects – Most freelance jobs are time bound. These jobs are usually done fast and allows freelancers to move on to new projects as soon as they finish the job.

3. More Freedom, More Flexibility – Going freelance can give a person the freedom to choose the place, date and manner in which to do work. Though some freelancing schemes require contracts, freelance still spells a no employer-no employee relationship. Freelance work offers more freedom for someone who does not want to be confined in an 8 to 5 or 9 to 6 work scheme. The freelancer is free to choose his working hours and be his/her own boss. Because of the freedom in work schedule, freelancing gives a person more time to pursue other interests or take on more jobs. Other freelancers also consider the fact that they can even take care of their family better as soon as they start working freelance.

4. Improved Income And Savings – Freelance workers can usually command higher income rates for their projects because they are hired for their specific talents and skills. This is a big plus because they are paid high but do not have to work full time. Though income rates for freelancers vary, most of them still benefit from the setup. They charge either by the hour, by the day, or on per-project. Others use value-based pricing methods instead of imposing a flat rate. Payments are arranged based on the agreement, and could be done upfront, percentage upfront or paid whenever the project is completed. For others, a staggered payment scheme may be agreed upon.

Before You Decide On Becoming a Freelance Worker

With the promise of becoming their own boss and working from the comfort of home many people rush into becoming freelance workers. However, it is a good thing, before taking a plunge into this work at home business idea, to ask yourself if you do have what it takes to go freelance.

Here are a few tricks and considerations:
1. Determine the amount of money that you?ll need to earn to sustain your expenses. If you have a day job now, you will be saving a great deal of money once you make your shift to freelance employment. If you begin to work at home, you will save a lot of money from commuting, food, taxes, and more.

2. Take a self-assessment test and list all your skills and experiences. Include your hobbies and interests too, as doing this will determine what types of freelance jobs you can take on. Do you keep a personal website? Then perhaps you can take on freelance web design. Do you keep a personal blog? Then you can take on writing jobs. If you know how to do searches in the internet then you can write about any topic that may be given to you.

3. Visit internet web sites offering freelance jobs to see what jobs are currently offered. Take notes and keep a list of these jobs. You should also be on the lookout for companies and organizations that use freelancers for their projects. Look at how much they pay freelancers and take note of the different rates they offer for different projects. Keep a list of these important details as they will surely help you later in estimating how much you should charge for any given project.

4. From the notes you have gathered; try to create an estimate costing of the projects you have identified should the projects be given to you. Keep in mind the number of days given to the projects you have identified. When you have done this, you will be able to see how much you could potentially earn.

5. After doing all of the above, you can now start applying for the freelance jobs that you have identified. These jobs will help you earn some amount that you can later use after quitting you day job.

6. Once you have confirmed that the projects have been awarded to you, use a table to plot specific data about them. Write down all the information about these projects such as contact persons and their contact details and number of days to complete the projects.

7. As you begin freelance work, you will start to feel the flow of freelance employment. Bear in mind that you will not get all the projects that you want so you should apply for different jobs. However, be careful when taking on several jobs. Remember that you should not take on more jobs than you could handle.

8. You are now ready to quit your day job when you have developed an effective system of doing freelance work. But since you are doing freelance work, you should be able to track your jobs and their payment schedules.

Indeed today, freelancers can easily find work through the internet. The internet has been a good facilitator of freelancers and employers around the world. These jobs can range from writing short articles to language tutors to architectural designs. The demand to complete projects through freelancing is still very high, as shown by the thousands of projects posted in the Internet. If you have always thought of working from home then this is the time to do it.