The May issue of At Home News, my free e-newsletter, delves behind-the-scenes of a mystery shopper. Sign up at the newsletter page and find out how you can become a secret shopper.
A recent study found that credit card usage to keep small businesses, including home-based businesses, afloat can be deadly to their well-being. "A recent study by Robert Scott of Monmouth University found that every $1,000 increase in credit-card debt increases the probability a firm will close by 2.2 percent," Alan Zell posted in SCORE's online Listserv, as quoted in a Herald-Tribune story about credit-card financing.
"Credit cards are more prevalent for funding start-up businesses because traditional sources of financing have become less available during the Great Recession and financial meltdown," the article says.
Instead of using credit cards for your at-home business, consider saving money before expanding, cutting expenses to the bare bones and growing your business slowly. I offer more ideas on how to finance your home-based business in my book, Hired @ Home.
Most women wear many hats, including work and mommy. I'll be doing a presentation on "How To Juggle Work With Family Life" during the Mommy In Training conference on Saturday, April 24, in Alexandria, Va. The conference is chock-full of helpful seminars on being a mother, so if you're in the area, please stop by.
With the flowers starting to bloom and the winds bringing warmer breezes, it finally feels as though spring has come to Virginia. With spring, my thoughts turn to spring cleaning both my house and my freelance writing/editing business.
To spring clean your at-home business, set aside a few hours to go through your file folders and toss or shred old paperwork. Clean out your email inbox and take a look at what electronic documents can be deleted. Make sure your computer's antivirus software is up-to-date. Jot down a list of things that might need replacing, fixing or upgrading in the near future.
Consider ordering new business cards or adding something to your Web site. Develop a spring marketing campaign. Review your potential client lists and start devising ways to reach those customers.
These are just a few ways to spruce up your business.
Recently, I was interviewed by Tiffany Colter about what exactly a freelance editor does. The interviews have been posted on Writing Career Coach and Examiner. If you want to know how a freelance editor can help you, check it out.
Today's Washington Post had an article on the front page of the Metro section entitled "More Moms Entering Workforce." The article talked about the recession forcing more married woman who had been staying at home with their children to find work outside the home.
The number of stay-at-home moms has dropped from 5.3 million in 2007 to 5.1 million in 2009, according to the U.S. Census Bureau. Some analysts point to the gender gap in the unemployment rate as part of the reason women are leaving home for the workforce. The unemployment rate for men is 10 percent, while it's only 7.9 percent for women.
For women who need to assist in paying household bills and do not want to work outside the home, starting a home-based business or working with an employer to work from home either most or all of the time can make sense.