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Best Home Based Internet Business Practices That Guarantee Increased Productivity

Are you looking to increase the productivity of your home based internet business? Then you have come through to the right place. I have found these practices below have had the greatest impact on the productivity of my business. They are as follows:

Set a goal for your business bound by a time frame

Before you get entangled in all the other intricacies of running a home based internet business, you need to set some time apart in a quiet place to reflect on the main reasons why you have set up your business. You will need well defined goals.

Without a goal, you will be like the man who sets out on a journey without having any idea of where he wants to go. Since he has no defined destination, he would not know when he has arrived or when he has gone off course.

You need to write out your goals clearly because the clearer you are about what you want to achieve in your business the more focussed you will be in taking the right kind of action. Setting goals are crucial in every business endeavour and the home based internet business is no exception.

Determine the daily steps you require in order to achieve the goal

Once you have decided on the goals of your business you will then need to define the particular action steps that will be needed to achieve this goal. This is the next vital step in increasing productivity of your home based internet business.

For example, in one of my businesses, I started out with a goal to generate 150 leads a week. The following questions then needed answers:

· What do I need to do to generate this many leads on a weekly basis?

· Or to make it more manageable, how do I generate between 20 and 25 leads a day? (I worked out that by driving 200 to 250 visitors to my website daily I can achieve this number of leads assuming my opt-in rate is at 10%).

· What specific actions can I take to bring 250 visitors to my website? ( This could mean writing 10 articles a week, or having 10 videos posted on to you tube or it could be that you need to engage in other forms of marketing or traffic generating activities like email marketing or paid advertising).

Take action consistently on the daily steps outlined above in order to achieve the goals of your business.

Once you have determined the activities that you need to carry out; make sure you take action on a daily basis. In consistency lies the key to increased productivity in your business. Do these things over and over again, write more articles, post more videos, increase the reach of your advertisements? And do them consistently.

Don’t get sidetracked into being busy but take income-producing action on a regular if not daily basis.

Review your performance on a regular basis.

There is no guarantee that the actions you take will result in the achievement of your goals. So in order to ensure you are on the right path to getting your ’150′ weekly leads, for example, you need to monitor the performance of your traffic generating activities.

You need to actively track your results. Doing this is not difficult at all. All you need is to do is tag the links pointing back to your website such that every visitor and every lead you generate will have the tag attached.

So when you come to review your performance you can see which activities are producing what results. If you find that you are not getting any leads from your videos ( as an example), you can then go back and check out your video marketing strategy and see how you can improve it or you may choose to abandon it for a more viable method of driving traffic.

Traditional Franchise Opportunity Vs Online Business Opportunity

If you’ve always dreamed of owning your own business and financial independence, buying a traditional franchise can sound like a perfect solution. However It’s hard to get the attention of your target market when you offer a new product or service on your own.

When you own a Traditional franchise on the other hand, you get to sell a corporate product or service. By the time you open up your franchise branch, the marketing is already taken care of making your chances of success much higher – or at least that’s the theory. But how much easier is it to buy a franchise, as compared to investing in a online business opportunity that teaches you Internet marketing and how to market your own product or service online.

Pro’s and Con’s

Traditional Franchise pro’s and Con’s

Con’s: Recognised brand with a proven track record

Pro’s locked into a franchise agreement and lease for premises, big risk in this economy

Pro’s Limited to postcode and area

Con’s High price to pay for a full time job you are chained too

Pro’s a going concern business with track record

Franchisors offer buyers the opportunity to sell a recognised brand with a proven success record. But as a prospective buyer, you can expect to find that the franchise agreement includes cookie cutter marketing methods, and marketing fees. An online business opportunity on the other hand, can help you to market your business in any niche. The franchise agreement probably also assigns and limits you to a territory. This means that if you buy a traditional franchise in a low opportunity market but there are plenty of customers in the next town, you may not be able to reach them. After weighing the pros and cons, it is more worthwhile to invest in your own brand instead.

Traditional Franchise Opportunity V’s Online Business Opportunity

Franchises have rules about everything in your business, including the look and layout of your bricks and mortar location, or of your website. You will have to hire employees to maintain your business during hours set by the franchise and you will be responsible for keeping employees on payroll even when you don’t have much left after franchise debt overheads. With all things considered, purchasing a Traditional franchise can be the right move if you find a brand that matches your own vision so precisely that it might as well be your own. A traditional franchise can be right if you can afford it in cash with plenty to spare. If you can’t check off on both of these considerations, then you should believe in your own business idea and market it instead.

Traditional Franchise Opportunity V’s Online Business Opportunity

Having a successful online business opportunity and learning internet marketing along the way is not about luck, it’s about a proven system ready made business in a box with everything required to start marketing your business from day one.. When you Invest in an online business opportunity with Internet marketing as the key focus of the training giving you the skill to market a product or service online, The pay check without massive overheads and staff issues are leagues apart from any other business out there.

Pro’s & Con’s to an Online Business Opportunity

Pro’s

1.very little overheads no franchise agreement or lease lock in
2.massive profits up to 80-90%
3.Automation using software online technology
4. Global reach no restrictions on your target market
5. freedom to work from your laptop from anywhere in the world
6.can be easily outsourced
7.Low initial investment

Con’s

1.Takes time and dedication to learn Internet Marketing
2.Need to find a mentor with a proven track record to fast track you to success
3.Choosing the right evergreen business opportunity with good back office support

I hope you find this article helpful and are more clear on what path you are going to take
Regards
Mark Stokes,