When it comes to having a work at home business, there are plenty of ways you can make it better. But it’s important to avoid the pitfalls, too. Home Biz Note offers 9 Mistakes a Home Business Owner Shouldn’t Make:
*Tell a customer they’re wrong or stupid and don’t know what they’re talking about…even when they have no clue.*Don’t worry about meeting deadlines for producing an item or providing a service.
*Ignore a customer’s complaints.
*Fail to file taxes because it’s “just a little business.”
*Pay employees “under the table”
*Use “shoe box” bookkeeping.
*Cut corners on quality because “the customer won’t know.” They should be glad I’m keeping the price cheap.
*Fail to return customers’ phone calls or e-mails.
*Fail to add all your expenses and overhead when determining price…then wonder why you keep losing money.
One of my biggest pitfalls was actually the last one. Even though I have minimal overhead, I sometimes forgot that I do have some expenses, other than my time, and it’s important to factor in those expenses, and add them to the quoted price.
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