With so many home businesses starting up every day, wouldn’t it be interesting to build a home business management tool?
A home business management tool is a software product that can be utilized by all home businesses to help them manage their operations in an efficient manner. Although there are many business management tools in the market, there are very little that can honestly help a home business. The price you have to pay for such products is enormous and home businesses can not afford to buy them.
What you need to create is a simple database that is easy and fast to use (no one needs to be a top IT specialist to handle it).
- The tool must be able to manage all contacts, prospective clients and leads and have all this information in one place.
- As many sales leads and marketing campaigns are conducted online and via email, the home business management tool must be able to conduct quick searches through emails and categorize and sort emails, mailing lists accordingly.
- Time management is of utmost importance. What home businesses want is something that will alert them on the tasks that needs to be done, tasks that require priority attention. Something like a personal assistant that makes note has to-do-lists.
- An accounting tool within the package will also be helpful not only when they are preparing budgets and calculating profits and losses but also when analyzing and forecasting business and marketing trends.
Of course the ideas aren’t limited to the ones listed here… This is only a few suggestions to include in your Home Business Management Tool. The best way to know exactly what home businesses want is to speak to a few yourself! But remember home businesses are small and they need a system like an incubator that will help them grow. They also cannot afford to pay an enormous price for the management tool, so keep the price of your product low, in order to sell more!
So if you are an excellent programmer you can start developing the system right away. If you’re not a programmer, but interested in the idea of building such a tool, contact one of your computer friends and give her/him an overview of what you want and do not want the system to have. You might end up making thousands of dollars!!