Looking at the year in review provides a chance to reflect on the progress your work at home business made.
Very soon the IRS willmail forms that will be a physical reminder that you made or lost money in your business venture.
If there were huge profits from your business venture, it is time to pay the piper.
However, if you lost money again, it is time to breathe, drink a cup of coffee or herbal tea and determine what went wrong.
Your home based business may not make a profit immediately.
Look on the bright side.
One of the advantages of working from home is you can reduce your tax liability.
Reducing your taxes is not the reason that you started a business.
You want to see a profit and a lifestyle change.
If you are working toward this goal and feel you have hit a bump in the road, now would be a good time to analyze the good, the bad and the ugly parts of owning a work at home business.
If you are subject to whining, now is the only chance that you get.
You are only allowed to whine for 15 minutes, then we must get to the problem.
about the lack of funds or progress in your home based business..
After the 15 minutes has elapsed, you must get up off the floor and begin to chart a new course toward success.
Focus only briefly on the failures.
Concentrate on the achievements over the last year.
How can you accelerate the achievements?What did you do that was successful? There should be no harsh judgment about the nature of the business you chose.
Hopefully, you did not choose your business lightly.
If you discovered that you are involved in a high-priced scam - cut your loses.
If you failed to perform your Due Diligence and find yourself $5,000 in the hole with no profits in sight..
you are permitted to whine.
However, if you are following a planto insure that the business you started is legitimate and has potential for profit, then pat yourself on the back.
Again, we must analyze how to increase the profits for the coming year.
The problem with profits is that sometimes it requires certain resources to see profits quicker.
Business resources come in many flavors.
Some of the resources are all colored green as in needing money.
But some resources come in the colors of commitment on a blazing blank screen that sits in your home office.
This is the color of procrastination.
If you took all the steps that were required to get your business profitable then this diatribe is not for you.
However, it is noted by many would be contenders that they spend hours on the Internet visiting chat room, internet marketing forums or going to myspace - not to market their business but just to check what is going on.
If this is the reality of your marketing efforts, then it is okay to admit it.
However, next year, you won't get the opportunity to whine, because you won't have a business.
If you saw some positive results from your real efforts to structure your PPC (Pay Per Click) advertising campaigns, and you started collecting information from your web site visitors and you still failed to make a significant profit, then there is a possibility that you are targeting the wrong people.
You may be in a niche that is too competitive.
The other consideration may be that the learning curve has peaked and it is time to get to know the most effective ways to market your business online.
It may be that you need to do more article marketing, or increase the amount of your PPC campaigns.
Other concerns may be that you need to find a mentor who will strategize with you to help you find the missing piece of the puzzle.
Whatever you do at this point, don't jump to another business.
Analyze and dissect the problems that you have with the work at home opportunity that you presently run.
Improve the profit margin by improving the business operations.