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.
posted in a little bit of everything, sewing | 3 Comments









