How to Run a eCommerce Business From Home
From getting your very first order, to seeing your business gradually grow, the rewards of running an eCommerce business from home can be fantastic. However, whether it’s a side hustle or your main source of income, there is a risk that your business could easily encroach on your personal life. For instance, if your business is growing your products may take up more room than you would like. If this sounds familiar you may find our essential tips on how to run an eCommerce business from home rather helpful.
Have a clear business plan
Ever heard of the phrase ‘failing to plan is planning to fail’?
Well, this is certainly true for running an eCommerce business. From setting clear goals, creating a realistic timeline and getting your budgeting and finances in order, if you haven’t already you should write-up a business plan. Why? Not only will it make your head a little clearer, it should also help you become more motivated, focussed and productive.
A business plan should outline what you’re selling and how. It also looks at theoretical problems and solutions and gets you thinking about the bigger picture. If you’ve already started your business you may want to go back to the drawing board and draw up that all-important plan. You want to make sure your business thrives rather than flounders, so invest some time and energy in how you’re going to sell and market your products.
Compartmentalise your life
If you’re running your own business, chances are your day doesn’t comply with the regular 9-5 structure. While there’s nothing wrong in putting in those extra hours to push your business forwards and get all the essential administration work completed, it’s important to maintain a healthy headspace by balancing your work and home life. Free up space and time in your calendar every week to take some time away from your business – you owe it to yourself.
Use self storage
Business may be booming, but is your home just about ready to burst at the seams with products? If this is the case, it may be time to think about hiring a storage unit. Self storage units are perfectly flexible and you can visit them whenever you like. Self storage is also a suitable place to store your business documents and is a great way to save space in your office.
If you have a well-realised business plan, well-structured calendar, and know how to prevent your business taking over every nook and cranny in your home, you should be well on your way to running a successful eCommerce business from the comfort of your home. It’s all about maintaining a healthy balance and planning ahead.