What is a home based business? It is a business that you set up yourself where you are in total control. YOUR OWN BOSS to be in control of your future !!
People set up there own business for many reasons, the freedom it gives you to do what you want to do when you want to do it, to get out of the rat race 9-5 daily routine, feeling they are not rewarded for what they do. Perhaps they feel they would like to work from home rather than for someone else, so any profit goes in their pocket not someone else.
And various other reasons.
So what do you need to start well basically all you need is a computer or laptop and an internet connection. You will then need to think about what it is you are going to promote and sell. It is best to do your research plenty of ideas can be found online, check out what others are selling is a good start.
Once decided it is a good idea to have your own website, this is something you can create yourself or if you have no idea how to start there are sites which can be found for someone to create one for you obviously with a fee !! it is essential to make your website as attractive as you can for visitor who will then hopefully become customers, it can be done without but with a website you will get more traffic more easily.
The next thing is a Company Name or Domain name there are plenty of sites where these can be purchased for very little outlay. Make your name short something short and catchy, people will remember those names more easily.
Promoting your website is important its a big world out there so this is essential, Advertising is useful for your product but will come at a cost but this can be well worth it in the long run.
Attracting traffic can be done in various ways Social Media is a good place to start, advertising as above is another. Do your homework take your time seeking advice from others who have experience is a bonus and can help you no end.
Keep focused it takes time to set up and see profits from your online business, keep at it positive people succeed.
Good Luck in your new Online Business Venture.