Consider More Flexible Contracts

There is an impression that a contract has to be an iron-clad, rigid agreement between two parties. More and more—both in the business world and in other realms—people are looking for and expecting more flexibility in their contracts. Instead of trying to pin everything and everyone down to rigid rules and regulations, more people are looking for contracts that allow room and encouragement to change and expand. In your home business, you might consider how creating more flexible work agreements with our clients, customers, and vendors can help you grow your business and adjust to changing expectations. You might not … Continue reading

Updating Contracts

We have talked before here in the home business blog about the importance of using contracts in our home businesses. Even though you may be getting used to drawing up contracts when you begin a business relationship or project, it is also important to make sure that you update those contracts periodically to make sure they still apply. There are natural places and times when it becomes obviously necessary to update a contract. If a contract expires (many will be for a specific period of time or for the duration of a specific project), or if details change in the … Continue reading

When in Doubt, Update

We try to share information here in the Home Business blog about how to stay in touch with industry trends, as well as how to keep your home business operations from becoming outdated. It is easy to get bogged down in the daily details, however, and not really know if it is time to make changes or updates to equipment, operations, contracts, etc. I have learned over time that while it is tempting to leave things the way they are, often it is better to at least look things over and consider updating—just to be on the safe side. Technology … Continue reading

Do Turn-Over Rates Affect Your Home Business?

Although you may be a small, one-person home-based business, your efficiency and operations can still be affected by a high turn-over rate at vendor, client, and partnership companies you may work with in your business efforts. What does it mean for you and your business when you work with companies that do have a high turn-over with employees. Most businesses are relationship-dependent. We form relationships with our customers and prospects, but we also form relationships with the companies who provide our equipments, supplies and other things we need to do business. If you are in a consulting industry, relationships are … Continue reading