This is a guest post from Karen. It provides some helpful insight into how you can invest in yourself to take your successful home business to the next level.
As more and more individuals struggle to find traditional careers in today’s challenging economy, home businesses and online business ventures have flourished. More and more smart and passionate individuals are taking their business ideas into a non-traditional realm. Though entrepreneurship and self-employment are not paths that commonly come to mind in a downtrodden economy, they can be great options for the right person. Landing a job in the more traditional sense has been difficult in recent years. With so few positions open and so many smart, educated, and qualified individuals in the job market, seeking outside options may make sense. Home business ventures and self-employment face their fair share of challenges as well of course. But, with the right preparation, education, and forethought, a good idea can go a long way.
An advanced degree in business is one of the most valuable assets in the economy today. Not only are business owners and companies looking for individuals with advanced knowledge of business and management, but business degree holders are equipped to carry themselves a long way as well. Online MBA programs and other management degrees provide students with the confidence and know-how to create a business that is well balanced, carefully planned out, and properly financed. Students in these programs learn the ins and outs of management, strategy, finance, and many other essential aspects of running a business.
Business Open Courseware
If an actual online or traditional degree is not an option for you, consider open courseware options in business. MIT and many other big name universities offer free online classes on business and management that can provide home business owners with the information they need to better build and run their business. These courses are available online and are completely free to use. The classes consist of actual course material, assignments, lectures, and much more from the on-campus class at hand. Home business owners and entrepreneurs should consider classes in finance, management, communication, business strategy, economics, and marketing to better prepare themselves for the world of self-employment and business-ownership.
Another option that many at-home and online business owners are utilizing today is the idea of “green” business and sustainability. Eco-friendly business practices are essential for new businesses today and offer several different perks for the individuals running those businesses. For one thing, customers and business affiliates value eco-conscious business ideals. Businesses that boast green business practices and eco-conscious objectives are likely to attract a more sustainable customer base in today’s society. Home-businesses in general are typically able to function in a more environmentally friendly manner. This can be used as a marketing talking point for business owners. Furthermore, sustainable business practices waste less and are therefore less expensive to uphold. While cost up-front for some “green” aspects of business may be greater, the cost overall is less. Also, many businesses can gain tax breaks and discounts for environmentally conscious business efforts.
Karen Smith is a freelance writer and blogger for www.onlinebusinessdegree.org. Karen is interested in all things education related. She is passionate about the promising future a degree in business can provide a young graduate today and loves to share her thoughts and insights on the world of online education and personal finance. Reach Karen in the comments below.