
{"id":12138,"date":"2020-06-04T19:14:50","date_gmt":"2020-06-04T19:14:50","guid":{"rendered":"https:\/\/liquidcapitalcorp.com\/?p=12138"},"modified":"2020-06-04T19:14:50","modified_gmt":"2020-06-04T19:14:50","slug":"home-based-business","status":"publish","type":"post","link":"https:\/\/liquidcapitalcorp.com\/es\/blog\/home-based-business\/","title":{"rendered":"5 ways to shift into a home-based business model"},"content":{"rendered":"<p><i>With more companies moving out of the office, here are some tips to shift yours into a home-based business.<\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12152\" src=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-300x172.jpg\" alt=\"home-based business\" width=\"781\" height=\"448\" srcset=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-300x172.jpg 300w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-1030x591.jpg 1030w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-768x440.jpg 768w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-1536x881.jpg 1536w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-1500x860.jpg 1500w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-705x404.jpg 705w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920-450x258.jpg 450w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/money-2724245_1920.jpg 1920w\" sizes=\"auto, (max-width: 781px) 100vw, 781px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Gone are the days when remote working was a novelty. Today, working at home is just as normal as getting dressed and going into the office each day. And if you <\/span><i><span style=\"font-weight: 400;\">are<\/span><\/i><span style=\"font-weight: 400;\"> planning to shift into a home-based business model, you have fewer obstacles than ever. But that doesn\u2019t mean there aren\u2019t challenges along the way.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are five ways to get your home-based business set up and keep the momentum going.<\/span><\/p>\n<h2><b>1. Get your finances in order.<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When launching any new business strategy, your first task is to ensure that you have the money to operate. But finding extra cash can be difficult, particularly if you\u2019ve lost contracts and have dipped into reserve funds or even personal savings because of the pandemic. But there are ways to get financial assistance. Some organizations such as ZenBusiness, for example, have launched a COVID-19 relief strategy and are offering <\/span><a href=\"https:\/\/www.zenbusiness.com\/blog\/zenbusiness-covid19-grant\/\"><span style=\"font-weight: 400;\">grants of $1,000<\/span><\/a><span style=\"font-weight: 400;\"> to select businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even if you miss out on a grant, there are more options to get working capital. If you have outstanding accounts receivable, for example, you may be able to <\/span><a href=\"https:\/\/liquidcapitalcorp.com\/about-us\/the-liquid-capital-difference\/\"><span style=\"font-weight: 400;\">get financed<\/span><\/a><span style=\"font-weight: 400;\"> in as little as 24 hours from our team who can help select the right funding solution.<\/span><\/p>\n<h2><b>2. Handle the legal details now.<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12164\" src=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-300x200.jpg\" alt=\"Legal paperwork\" width=\"780\" height=\"520\" srcset=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-300x200.jpg 300w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-1030x687.jpg 1030w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-768x512.jpg 768w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-1536x1025.jpg 1536w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-1500x1001.jpg 1500w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-705x470.jpg 705w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920-450x300.jpg 450w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/writing-1149962_1920.jpg 1920w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Regardless of what you do or where you\u2019re located, all businesses must be set up with the right legal structure. If you are a freelancer, this may just be something as simple as adding income to your personal tax filing. However, anything more than a solo endeavor will require a legal strategy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This might include having a <\/span><a href=\"https:\/\/www.shopify.com\/blog\/business-plan\"><span style=\"font-weight: 400;\">business plan<\/span><\/a><span style=\"font-weight: 400;\">, partnership agreement, or terms of service in place before you get started. In the US, the <\/span><a href=\"https:\/\/www.sba.gov\/business-guide\/launch-your-business\/choose-your-business-name\"><span style=\"font-weight: 400;\">Small Business Administration<\/span><\/a><span style=\"font-weight: 400;\"> further asserts that you\u2019ll need to register your business name, trademarks and domain. This helps protect you from competitors and legitimizes your presence in the business world.<\/span><\/p>\n<h2><b>3. Master marketing.<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12155\" src=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-300x169.jpg\" alt=\"Social media marketing\" width=\"781\" height=\"440\" srcset=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-300x169.jpg 300w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-1030x579.jpg 1030w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-768x432.jpg 768w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-1536x864.jpg 1536w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-1500x844.jpg 1500w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-705x397.jpg 705w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446-450x253.jpg 450w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/apps-business-cellphone-cellular-telephone-533446.jpg 1920w\" sizes=\"auto, (max-width: 781px) 100vw, 781px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Marketing may not come naturally to every business owner, but it\u2019s a crucial element when launching and running your operation. Fortunately, thanks to the Internet, there are plenty of places to find relevant information on <\/span><a href=\"https:\/\/sproutsocial.com\/insights\/guides\/small-business-marketing-101\/\"><span style=\"font-weight: 400;\">how to market<\/span><\/a><span style=\"font-weight: 400;\"> your business. Optimally, you will identify your target customer and cater to them on their terms. To get you started, you can use a mix of social media marketing, search engine optimization and branding.<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">Related: <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"https:\/\/liquidcapitalcorp.com\/blog\/biz-tips\/10-ways-small-business-marketers-can-crush-big-competitors\/\">10 ways small business marketers can crush big competitors<\/a><\/span><\/i><\/p><\/blockquote>\n<h2><b>4. Grow your team.<\/b><\/h2>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12161\" style=\"font-size: 16px;\" src=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-300x200.jpg\" alt=\"Home-based business: Growing a remote team\" width=\"780\" height=\"520\" srcset=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-300x200.jpg 300w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-1030x687.jpg 1030w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-768x513.jpg 768w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-1536x1025.jpg 1536w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-1500x1001.jpg 1500w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-705x471.jpg 705w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/woman-in-blue-denim-jacket-using-macbook-pro-4099099-450x300.jpg 450w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/h2>\n<p><span style=\"font-weight: 400;\">Think of your business as a garden. Once you have planted the seeds, you can watch it grow. But you can\u2019t do it alone, and you will eventually need to place talent in areas where you may not be the strongest. Hiring remote workers is a smart option and one that will allow you to continue to operate from the comfort of home. But remember to <\/span><a href=\"https:\/\/unitonomy.com\/how-to-improve-remote-work-collaboration\/\"><span style=\"font-weight: 400;\">prioritize collaboration<\/span><\/a><span style=\"font-weight: 400;\"> and communication. Keep your employees up-to-date with what\u2019s going on by sending out regular updates or collaborating on Slack and similar channels.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Critical to keep on top of here is salary and payroll. Even though employees are working remotely, it\u2019s important to compensate them fairly so they stay motivated and rewarded for quality work. This also helps reduce turnover, which can increase your overall expenses. HRDirector even notes that a telecommuting employee may bring home <\/span><a href=\"https:\/\/www.thehrdirector.com\/features\/flexible-working\/set-salaries-remote-workers\/\"><span style=\"font-weight: 400;\">around $4,000 more<\/span><\/a><span style=\"font-weight: 400;\"> annually than they would in a traditional office setting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many business owners can run into challenges making payroll at certain times throughout the year. Liquid Capital financing options can also help you get over these hurdles.<\/span><\/p>\n<h2><b>5. Evaluate every day.\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12158\" src=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-300x200.jpg\" alt=\"Evaluate data\" width=\"780\" height=\"520\" srcset=\"https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-300x200.jpg 300w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-1030x688.jpg 1030w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-768x513.jpg 768w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-1536x1025.jpg 1536w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-2048x1367.jpg 2048w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-1500x1001.jpg 1500w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-705x471.jpg 705w, https:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2020\/06\/black-samsung-tablet-computer-106344-450x300.jpg 450w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any size of business can benefit from performing routine evaluations. Even if you\u2019re comfortable with what you are doing, it never hurts to <\/span><a href=\"https:\/\/www.infoentrepreneurs.org\/en\/guides\/review-your-business-performance\/\"><span style=\"font-weight: 400;\">dig in deep<\/span><\/a><span style=\"font-weight: 400;\"> to make sure that your customers are happy and they are capitalizing on all available market opportunities. Routinely ask yourself questions about your direction, available resources and areas where you might improve. Failure to do so can leave you sitting stagnant.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">To summarize, you have to start with financing. Without capital, it\u2019s going to be exponentially difficult to get up and running. Next, make sure to take care of the legal aspects, learn how to market your business, and grow your team into a supportive organization that can help you move to the next chapter. Finally, never get complacent. Evaluate your business each day, and you\u2019ll have many more opportunities to grow, even when running your company from a home-based office.<\/span><\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><strong>Next Up: <a href=\"https:\/\/liquidcapitalcorp.com\/blog\/cash-flow-2\/3-biggest-financial-challenges-facing-small-business-owners\/\">3 biggest financial challenges facing small business owners<\/a><\/strong><\/p><\/blockquote>\n<hr \/>\n<p><em>At Liquid Capital, we work with clients who operate businesses in a variety of industries and office structures \u2014 whether from busy downtown buildings, the manufacturing floor, on-the-go or from their home office space. We\u2019re business people ourselves, and our company is built on a network of locally owned and operated Principal offices. Whenever you\u2019re talking to Liquid Capital, you\u2019re talking directly to your funding source and a fellow business person.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #999999;\"><em>Images from <a href=\"https:\/\/www.pexels.com\/\">Pexels<\/a> and <a href=\"https:\/\/pixabay.com\/\">Pixabay<\/a><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With more companies moving out of the office, here are some tips to shift yours into a home-based business. Gone are the days when remote working was a novelty. Today, working at home is just as normal as getting dressed and going into the office each day. And if you are planning to shift into [&hellip;]<\/p>\n","protected":false},"author":125,"featured_media":12152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-12138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-business-growth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 ways to shift into a home-based business model - Liquid Capital<\/title>\n<meta name=\"description\" content=\"If you are planning to shift into a home-based business model, you have fewer obstacles than ever, checkout these 5 ways to get started!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/liquidcapitalcorp.com\/fr\/blog\/business-growth\/home-based-business\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 ways to shift into a home-based business model - 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