The Sewing Mom

Organizing and Operating a Home Business

3rd September 2008

Organizing and Operating a Home Business

I think my next New Year’s resolution is going to be “Organize and Operate my Home Business”. Of course, I see no reason why I have to wait until January 1 to get started. I went to our local library recently and checked out a few books on the subject to hopefully, guide me in the right direction.

The books I currently have in my possession cover everything from organizing your work space, personal planning systems and home office filing systems to making good use of your time. They also cover the pros and cons of operating a home business. Advantages include:

  • Being your own boss
  • Creating your own work environment
  • Doing what you enjoy
  • Tax advantages

Disadvantages might include:

  • Financial Risks
  • Lack of Motivation (something I’ve been experiencing lately)
  • Juggling personal and business obligations

I think for me right now, the disadvantage that is staring me in the face is the financial risk.  I have been operating my sewing business without the benefit of a merchant cash advance.  Although growing a business can require a financial loan, I purchase all of my supplies, fabric, thread, notions, etc., with the money I earn by selling my product or through my blogging.    I have not put anything on credit and I make every attempt not to.

Of course, if I’m not sewing and not marketing my product, then I’m more than likely not selling either.  This has been the case for me since I returned from Tennessee in July.  I have lacked motivation and the desire to sew.   I also had taken over 2 weeks off from my blog in July to focus on sewing and marketing of my product, which meant that during that time period, I earned no money from blogging.  It’s sort of a catch 22.  I need to clone myself so that I can sew and blog at the same time!

Since I can’t clone myself, I resolved to find a way to get myself motivated again.  I have signed up for a sewing class in which I’ll be making a quilt.  I figure if I’m working on something new, I might get enthused enough to start sewing again.  Of course, with all the supplies I had to buy to take the class, I thought I was going to need a business cash advance.  Yes, even the project I’m making in class may be up for sale when I’m done.  If not, I can at least deduct the cost of the class as an educational expense.

Tags: , ,
This entry was posted on Wednesday, September 3rd, 2008 at 8:24 pm and is filed under a little bit of everything, sewing. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

There are currently 3 responses to “Organizing and Operating a Home Business”

Why not let us know what you think by adding your own comment! Your opinion is as valid as anyone elses, so come on... let us know what you think.

  1. 1 On September 4th, 2008, An American in France said:

    I’m actually finally starting my own business. We’re in the process of it right now and I must say I’m a little stressed about it, but it should work out. I’m mostly worried about how I do payroll since I’ll have people working for me… I have no idea how to do that stuff and I majored in business!

  2. 2 On September 4th, 2008, lynne said:

    I stress about the paperwork too. I don’t employ anyone, never will need to, but keeping track of expenses, taxes, etc., can be a real headache.
    What business are you starting up?

  3. 3 On September 8th, 2008, Window said:

    One of my family members has just left work to setup a craft and decorative online shop. the way she will be organising her work will also be quite important, but do you yourself have any good resources or information that could help? Thanks for the article, I shall pass it on to her.

    Window Films Designer’s last blog post..Window Films - London

Leave a Reply


This blog uses the CommentLuv plugin which will try and parse your sites feed and display a link to your last post, please be patient while it tries to find it for you.
Parent Reviewers





Earn $$ with WidgetBucks!

U COMMENT
I FOLLOW









Links to Site


Stores Owned by Moms

LivinWithMe.com's Blogaholics Anonymous Award!


ivegotanewyearsresolutionbutton2.jpg

Photobucket Photobucket


sewingmom.com - SEOmeter SEO tools