How to Start a Mail Order Business, Part 1

Learn how to create a lucrative mail order business working right in your own home on a part-time basis, only on the weekends, or jump right in as a full-time business.

Difficulty: Moderately Easy

Instructions

1. Before you start, you need to do some research. The following steps can be used for starting any type of small business. Here we go.

2. Choose a business name.

3. Go to the county clerk's office in your town and fill out a "doing business as" application so you can open a bank account in your business's name.

4. Create a marketing plan that details how you will attract business.

5. Review accounting and/or bookkeeping techniques. Choose one that is the best for you to use.

6. Contact your town's SBA. Find out if there are any "how to start a small business" seminars, programs, or someone who can guide you.

7. Contact community colleges or look online to see if they offer any seminars in starting businesses or entrepreneurship.

8. Buy or borrow books on marketing and advertising.

9. Create a great business plan that will detail every aspect of your business. This will help if you have to apply for a loan.

10. Make sure your business plan includes details to grow your business. One year? Two years? Five years?

Tips & Warnings

• Fine-tune and check every detail.
• Buy "How to Become a Mail Order Millionaire" by Colin Fisher and Fred Broitman
• Don't think of this as a get rich quick business.