People are attracted to the concept of “work from home”, and business on blogs is booming, using many tools available on the Internet for the development of small and medium businesses.
Some boast that this is a way to "make money without spending money."
Third-party blog entrepreneurs run their blog business without seriously considering financial management procedures.
We are engaged in this online career with a notebook, removing every detail of the money space? Do we gain knowledge or try to use various methods of attracting people to our sites?
Or ....
We simply and simply jump, that when we make money on the Internet, we will refund what we sent before we show a profit!
The established marketers have funding for their acquisition or the necessary resources, or an assistant, unfortunately, for most of us we cannot afford this luxury! Outsourcing, if you can afford this route, may be an option.
One thing is certain: when creating a blog, we need more knowledge or software to improve our business, and we will spend money, we all do!
Listed below are some of the costs that may need to be addressed, some more than later.
- Loss of profit
- Web hosting
- Domain name
- Office supplies, ie ink cartridges, paper, files, pencils, notebook,
- Electricity, Water, Telephone line rental
- Study costs - Learning how ...
- Outsourcing cost
- Advertising expenses - an example of Pay Per Click
- Salary - If you hire an assistant
- Banking fees. No matter which bank you use, there is always a cost.
- Legal advice
- Purchasing software / hardware
Do not be distracted from the goals already set; since finances are controlled by a simple spreadsheet, this should not take a lot of time. Keep it simple, quick and easy references.
Once you get used to immediately enter expenses and income into a spreadsheet, like everything else, it becomes less time consuming and enjoyable to have on hand.
Take a look at free resources to get started, such as the Open Office dot Org. No need to spend money on maintaining links to spreadsheets. If you have a Google account, register with Google Apps, where you will have an accessible document feature, this is another free way to use.
- Bookkeeping is the glue that unites your business.
- If your records are not in good shape, the business may fall apart.
- A healthy business through its accounts is regularly monitored.
- Help you find problems and fix them before it is too late.
My favorite pastime is immersed in a popcorn bag and listens to the latest Guru & s podcast, and it's useless corn that will be wasted that scares me. I have yet to find a package where all the corn is pushed out (waste), and I can relate this only as an example of tracking the money I earned.
Know what expenses are incurred; find out how much profit is being made or how much money is being lost, just like unverified corn. The only way to pay back the last of this corn is to return it to the microwave.
Treat your blog as much as the headlines, body text, and push another life out of the project before leaving it.
Track every event, if you start losing money, see if you can undo or redo everything that didn’t work. This may require a little more thought and less space for money.
Going back to this terrible "untested" corn that hits your tooth, it can cost, oh yeah, and the dentist is not cheap!
The launch of the blog is very similar, we are so immersed in what we are doing, we forgot to calculate the cost from time to time. Know Return on Investment for each product you launch, before it feels like a bit. between your teeth.
Finance is the main pillar of any business that no one can afford to ignore or ignore. So please take care of your money!
