Don't read my detailed lenses on earning extra income until you've read this.
Before you begin details the steps that you need to take before earning extra income. Not all of them are necessary however many sections contain hints on saving money. These hints can transfer onto your personal life!
Business Resources
If you decide to take advance your hobby business, the following resources are for you
- business.gov.au
- Information about the legalities and finances regarding separate business structures.
- Simple Savings
- Save money on personal expenses until your business takes off
- Small Fuel Marketing
- A comprehensive resources on marketing small businesses.
Step one: Set up a Websites
Why should I have a website?
A website can serve as a brand center. It can tell others about your business or publicize you as a person. This can lead to many business opportunities.
The first step would be to reserve a .com domain. I would highly recommend you reserve this domain under your own name, or the name you wish to use online.
An example is my site www.jadecraven.com. Its not there to make money through many of the techniques I use elsewhere. It's an online portfolio which displays my various websites. I aim to get print work, and online writing work, by providing an example of styles and niches.
Even if you don't intend to use, reserve the domain. This can protect others from profiting off your name should you become successful.
A bonus is that you can install extra blogs on the one domain, as well as other services. You could have jadecraven.com/garden for example. This allows you to have sites that look considerably more professional that free blog hosting services.
Before you get a domain, check if you can get a free one as part of your hosting package. This little tip may save $7-15. For beginners, it is easier having the domain on the same site as the hosting.
When looking for hosting, consider the following:
- Can you get unlimited sites hosted?
- Do they have a set up fee if you decide you don't want a contract?
The first step would be to reserve a .com domain. I would highly recommend you reserve this domain under your own name, or the name you wish to use online.
An example is my site www.jadecraven.com. Its not there to make money through many of the techniques I use elsewhere. It's an online portfolio which displays my various websites. I aim to get print work, and online writing work, by providing an example of styles and niches.
Even if you don't intend to use, reserve the domain. This can protect others from profiting off your name should you become successful.
A bonus is that you can install extra blogs on the one domain, as well as other services. You could have jadecraven.com/garden for example. This allows you to have sites that look considerably more professional that free blog hosting services.
Before you get a domain, check if you can get a free one as part of your hosting package. This little tip may save $7-15. For beginners, it is easier having the domain on the same site as the hosting.
When looking for hosting, consider the following:
- Can you get unlimited sites hosted?
- Do they have a set up fee if you decide you don't want a contract?
Reccomended Sites for site registration and hosting
- Bluehost
- I'd recommend going with their 12 month account package at $7.95 a month. You get a free domain and no set up free. What appeals to me about this plan is you get unlimited sites on the one domain - something you can pay considerably more for elsewhere.
- Hostgator
- This hosting system offers heaps of applications through fantastico, which means you have to install very little yourself. The options include mailing lists, wikis, wordpress and even e-commerce solutions! Its $9 a month if you don't want a contract. It offers a 45 day money back guarantee and no set up frees. Their domains are a little pricey, but it can be an easy AND affordable hosting solution.
- Host Monstor
- Host monster has many of the same features as the other hosts but advertises itself as having world class support.
- GoDaddy
- Go Daddy has cheap domain registrations. Hosting has loads of extra features
- 1and1 Hosting
- I purchase all my cheap domains through 1and1.
- Fast Domain
- Packages starting from just $4.95 a month
- Easy CGI Web Hosting
- Loads of features for $7+ a month
Creating a website using a FREE platform called wordpress
How to Develop Money Making Niche Sites with Wordpress
The above E-book details how to install and set up a Wordpress blog on your dedicated hosting. She does go further to explain how to turn that blog into a Niche Site. This isn't something you should research too heavily yet - read the related lenses to ascertain the money making methods you want to specialize in.
The above E-book details how to install and set up a Wordpress blog on your dedicated hosting. She does go further to explain how to turn that blog into a Niche Site. This isn't something you should research too heavily yet - read the related lenses to ascertain the money making methods you want to specialize in.
Step Two: Saving on Business Resources
Saving on business costs
Setting up a home business can be really confusing to the uninitiated. These resources can also save money in your personal budget!
- Skype
- Save loads of money on national and international phone calls
- My Net Fone
- A local Voip Provider
- Aweber
- A website that manages mailing list.
- E Fax
- Send and receive faxes via email
- Mbox
- Pay as you go fax service. Inbound lines starting $10/month
- Voip Choice
- Helping you choose the best Voip plans for your needs
Step Three: Managing Finances
A collection of sites, programs and applications dedicated to making your life easier.
- Wesabe
- The easy-to-use, Web-based software gives members a better understanding of how they spend money.
- Mint
- With Mint, you can achieve better online financial management in less than five minutes. After that, revolutionary, patent-pending Mint money management software does the rest, with virtually no more work required.
- Fresh Books
- FreshBooks is an online invoicing and time tracking service that saves you time and makes you look professional
- Less Accounting
- We're accounting software for small businesses that saves you time by streamlining accounts, assisting with the sales process and integrating with other important CRM and accounting apps
- Blinksale
- Blinksale is perfect for anyone who needs to invoice clients for services or products sold.
- InvoicePlace
- Manage your billing securely from any computer connected to the internet.
- Cashboard
- Cashboard tracks time and money so you can worry about more important things.
- Simply Bill
- Simplybill is for anyone who needs to send an invoice. It works equally well for people who bill for their time, and those who bill a set price for a product or service.
- Simply Invoices
- Simply Invoices is the easiest way to create invoices from the time you've logged in your Tick project.
- Invoice Journal
- The fast, easy and free way to send invoices to anyone in the world from anywhere in the world.
- Quickbooks
- For those seeking the time saving benefits of an easy to use automated accounting system designed for essential business tasks.
- Mind Your Own Business
- MYOB provides accounting software, payroll software and real-time business management tools to over 700,000 businesses worldwide
