Saturday, December 27, 2008

Know Your ROI For Your Home Business

Any first year business major can tell you about return on investment (ROI). Simply put, how much money did I make after I invested in a particular product or service. By keeping track of all of your expenses and where the money being made comes from you can significantly increase your ROI and grow your Internet home business.

Regardless of their situation there are two factors that all home business owners have in common, time and money. Everyone starts a Internet home business for the same reason to make money. Depending on their individual situation they may have more disposable income to invest in their business. Time becomes an issue because these people usually already have a full time job and spending hours on the computer is not possible for them. Others have plenty have time but are on a fixed budget retirees, unemployed etc. The key is to figure out what your time is worth.

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