How to Treat Your Blog as Business? – 7 Factors to Consider
When blogging was first introduced treated as a hobby. Bloggers entered into blogging to fun and share something. But day by day the idea of blogging not bound in fun or hobby. It is a lucrative business now. At present blogging is a fulltime profession for some people. They earn full time income with their blog. Why they are successful in their blogging profession? The simple answer is they consider blogging as career and their blog as a business.
Like the probloggers, you can treat your blog as a business but you have to consider some factors to treat your blog as same. In this post, I will discuss these factors one by one:
Like traditional business your blog should have some goals. These goals may be in terms of revenue or time. Make sure that your goal is attainable or realistic. It should not be too low or too high. Some bloggers set their goals too high. After sometime they get disappointed and discouraged and finally skip blogging.
Accountability is an important factor to reach goals. Evaluate your performance honestly and find how much dispersion from your expectation also finds the reason why you fail to reach the goals and take proper steps to solve them.
Generally we take blogging as a part time task and we give priority our daily activities than blogging. But we should not do this. We should give priority blogging like a profession to earn good amount of money.
4. Time management
Scheduling is very important factor for every profession. You have to manage your time and dedicate specific time for blogging to get success from it. Create a weekly chart and allocate your time for blogging. This chart will help you to be punctual.
Like traditional business you have to invest some money to make money from your blogging profession. But many of us seek the free option. There is a proverb that “money makes money”. I am not suggesting you to spend huge amount of money. But keep an open mind that spending money in helpful Product and services will increase your productivity.
6. Book keeping
If you want to consider your blog as a business you have to record all your expenses and revenue to measure your performances. Tracking your transaction also help you to monitor your progress toward goals and success. The MS excel spread sheet program is the most widely used tool to track revenue and expense.
Out sourcing is an advance option for bloggers when the blog is well established. You can hire freelance writers to write for your blog. This option helps you to improve your business performance. But your blog must produce enough money to cover expenses.
Author Bio:- This post was written by Jamal Hossain Shuvo who is a professional blogger and internet marketer At QuickIncomeTips.com he teaches how to make money online from home.