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Running your own business from home can be very rewarding, but it is important that you put in place a good organisational structure to help you draw the line between business hours and leisure time. This can help you to be more efficient in your working hours and can also take the pressure off when you are trying to relax in your own time. Here are a few tips to help you maximise your home working time:
• Your working hours will be more flexible when you run a business from home, but don’t let them take over your life. Set strict office hours for doing paperwork and answering queries, and keep your office separate so that you can shut the door and put the answer phone on so that you are not disturbed during your leisure time.
• Child care – it is very difficult to run a successful business if you have young children to look after, as this is just too time consuming and will leave you with little time to devote to your work. When you are running a business from home you will need to arrange some childcare, in order to allow you enough time and space to run your business.

If you run your own business then it is unlikely you will be able to simply go home at the end of the day and forget about work, as you will be the one responsible for profits and losses, and so although this can be a rewarding way to earn a living, it can also be very stressful.  Here are just a few tips to help you deal with the pressures of work:
·    Home Office – if you have a home office make sure it is in a separate room, so that you can close the door firmly on it at the end of the working day and get some space to relax on your own time.  If you have an office telephone make sure you set it to answerphone so that you don’t feel pressured into answering it outside office hours.
·    Meetings – try not to arrange to meet clients or suppliers in your leisure time, as this will help you to keep business at the office instead of bringing it into your personal life as well.

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Before you dismiss business insurance as an unnecessary expenditure on your already stretched budget you must ask yourself this question – can you afford to cover yourself financially for any accidents or emergencies that might occur in the future? What if your business premises, equipment and stock where to be damaged by fire or flooding, or one of your employees injured during work hours and was seeking compensation?
In reality very few businesses would have the resources to protect themselves against accidents and emergencies, and this is why business insurance is so important, as this covers your business financially against fire, theft, legal action and much more.

A standard business insurance ‘umbrella’ policy will cover you for most of the main types of insurance you may need including Business Property Insurance, Liability Insurance, Life Insurance and Worker’s Compensation Insurance, but you should seek advice from an experience business insurance provider to make sure you have all the cover you may need for your individual type of business.

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Email marketing can be very beneficial to many businesses, particularly those that are operating online, and here are a few tips to help you make the most of your email campaigns:
• Keep it short – it is unlikely anyone will bother to read an unsolicited email if it is too long, so keep it short and to the point and tell the reader everything they need to know in the first paragraph.
• Minimal images and attachments – emails that contain a lot of images and attachments will most likely be blocked by Spam filters and firewalls, as will also take far to long to load which can put people off.
• Personal touch – if you have the contact’s name then use it in the title, as ‘Dear Reader’ is very impersonal, and people will be much more likely to read the email if it is addressed to them directly.
• Keep it Real – don’t promise more than you can offer in your email marketing campaigns, as this will just make your customers angry and is bad business practice.

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If you are interested in setting up your own business then in the first few years before you can afford to take on a large team of people you will inevitably end up doing a bit of everything yourself, from bookkeeping through to IT.

This is why it is important that you take the time to brush up on your business skills, and make sure you have the tools you need to help your business be a success.

IT is a big issue in the modern business world, and if you don’t know anything about the Internet then this will be one skill you need to concentrate on, as it could potential be a huge area of growth for your business as through the web you can increase your customer base to a global level.
Accounting is also an important skill, as you will need to set up a clear record of your finances, not only so that you can keep a close track of your profits and losses but also so that you know what taxes to pay.

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