Work From Home (Home Run Business)

Pooja Mishra

Home Baker/Pâtissier

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COVID-19 was a curse, causing widespread illness and countless fatalities around the world. It also led to some far-reaching changes. Some of these changes were short-lived, while others are here to stay.

One of these is the emergence of a new force – Housewives or Homemakers running

businesses from home.

It mainly started with homemade food, snacks, and bakery items, and it is growing to include various other products and services.

I would like to share some of our knowledge for the benefit of those who are new or contemplating starting.

A. Be clear about the objective.

It’s important to understand the purpose, it could be out of passion, to unleash your creativity or even to grow it into a large business. It can significantly interfere with your family life. If you intend to treat it as a serious business, you may find that your house is no longer the right place in the long run.

In such cases, it’s advisable to work on branding and logo design early on. Once customers

associate you with a specific name or logo, it can be challenging to change, especially for small businesses.

B. Pricing of the products/Services.

Although it’s a home business, it’s important to accurately calculate the cost of the product or service and determine appropriate pricing. To do this, you must account for all input costs, including material costs and processing or manufacturing expenses such as electricity if it’s a product. Its also important to check the market prices as well.

C. Awareness about the law and regulations.

Each business no matter how small comes under some regulation. It’s also important to understand the consumer rights governing the product you are selling. For example, if you are running a food, snacks, or bakery business from home and are no longer confined to a small, close-knit community, you must apply for FSSAI registration (Food Safety and Standards Authority of India). Once your business exceeds ₹12 lakh per annum, you will require a license.

Similarly, you should familiarize yourself with the Tax Laws governing the business you are running.