Your home business is one thing that is soley yours. That can be comforting, knowing you don’t have to answer to anyone, but it can also be a challenge because you are the only one responsible for your success or failure. Here are some effective home business tips to make sure that you stay on top.

Find out what the laws are in your state and county, if you need a business license. You can check with a lawyer or an accountant if you like, but you should also be able to find this information online. Depending on where you live, and what you are selling, you may also need to collect state sales tax. Just make sure that you know and follow all applicable laws.

To be a successful home business owner, it is very important that you open a separate checking account solely for your business. This would make it easier for you to keep track of each transaction. You can then go to one place to locate your expenses and/or income. Setting a separate checking account for your business should be top priority.

Don’t quit your day job before starting your home business. It may take a while to establish your new company and it could take even longer for you to make a viable income from it. Therefore, it is a good idea to hold on to your current position until you can work out the fine details. It is certainly to your benefit to have bill and spending money on hand while waiting for your new business to generate a steady cash flow.

Ensure the success of your business by registering a domain name and running a website. The site does not have to be fancy, but it should be easy to navigate. If you cannot create one yourself, hire someone else to. The expense is worth the extra business and advertising that a website provides. Make it easy for clients to get a hold of you by providing an email link on every page.

An important part of your home business will be your home office. The home office should have some physical boundaries from the rest of your home in order to separate your home life from your home work. Having a specific area designated for your home business will increase your productivity and help you maintain a high work ethic. When choosing where to set up your home office, you should also keep in mind that the area will need to be able to scale with the growth of your business.

Follow these tips if you want to make sure that your home business is a success. Home businesses can succeed, but only if you make the commitment to do so and work hard to see results. You can take pride in knowing that you’ve built the business yourself and that you are running it, successfully.

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Video has become a huge asset to businesses in this new media age. The rapid acceleration of camera technology has put the power of video into every phone and point-and-shoot camera. We have already seen entire internet sitcoms and television commercials shot using smartphones. Nothing establishes a connection with your audience quite like video, so here are a few uses for video that you may have overlooked.

Product Demo: The entire software industry is all over this, but most small businesses in other industries forget about the product demo video. It is fairly simple to make one. Pull the product in close to the camera. Let’s take a good look at what you have there. Examine everything from aesthetics to functionality. Customers don’t need quite as much research time if you just dive in and show them everything.

Documentary Style Promotional Video: I do see these come out from small businesses occasionally and I love these videos. They are fun to shoot and can carry so much value in a small package. I have noticed that when I find these videos and trace them back to their company’s website, the businesses always seem to be thriving. Only a few times has a “doco promo” video led me to a struggling business. I am not sure if this is attributed to the mindset of successful business owners or the success of doc style promos. What I do know, is that these videos are the best way I know of to tell a story and make an impact. Tell us why your business exists, what it stands for, show us beautiful shots of the office, people, product, and culture.

Customer Support: There is no better way to respond to your customers, than with a personalized video that addresses your customers problems. That personal touch goes a long way in not just solving the customer’s problem, but building trust also. I have seen companies do this with no editing, simply turn on a camera and record a response. If the response is genuine, then the production value is almost of no importance. Just be sure the audio is good.

These are just a few use cases for video, but I could make a list of 20 ways, and maybe I should. Video is not as difficult as people think. I use video now, just because I love it. You can transcribe the video or extract the audio to give your business the advantage of multiple types of media. Video can be edited quickly with great results or spend a bit longer on your videos and create an even better professional appearance.

The author is also a contributor for http://raleighresumeservices.com and http://gonarrowmedia.com.

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