Many free startup home businesses earn less than they should be because of the many penalties they end up paying, penalties that they could have avoided if they had just paid attention to the legal requirements of their business.
Be meticulous with bookkeeping. Record each and every transaction faithfully as the IRS tends to be stricter with online businesses. File your income tax returns on time to avoid penalties. Be aware of the expiration dates of your licenses so that you can apply on time as well.
Providing Customer Service
Don’t dedicate all of your business hours to selling the products or services of your business. If you want your home business to succeed, you must remember to work on keeping them happy, too.
To do that, you need to reserve a portion of your working hours on addressing the needs of your customers. Make sure you provide them with an email address and phone number to contact to and guarantee a 24-hour response time for all their inquiries and concerns.
It’s important to evaluate your website regularly and ask constantly for feedback. The demands of your customers will change from time to time and you need to keep up with them.
Last but not the least, remember to show your appreciation not just by giving them freebies and special discounts but also by taking time to taking their wants in needs into account every time you introduce or develop new features or services.
Keep these suggestions in mind the next time you do business!