To anybody working in an office or factory, time management may well be something they hope to escape from by having their own business. A highly pressured executive may well feel same. They could work at home, where they’re boss, and they decide what to do and when. They could watch tv when they want, sit up in bed with their laptops, or without, and numerous other symbols of freedom from being an employee.

Of course, these things are all possible when you work from home. Of all types of home business, though, working online is probably most difficult to manage from a time point of view. Perhaps difficult is wrong word. It’s actually easy. What is difficult is high level of potential online distraction and having to resist it. Add online distractions to those around you at home, and you have ingredients for an awful lot of wasted time.

What Are All These Distractions?

There are many potential distractions online. Millions of them when you consider there are millions of websites, and millions of advertisements advertising those websites in often exaggerated, but tempting, ways. If you are trying to get traffic to your own website by surfing for advertising credits, you are particularly vulnerable to distraction, as you may spend a large part of your day being bombarded by advertising. Once you are drawn off into one tempting website, it can lead to others, then others and so on.

The same can be true of your email inbox. You may be signed up to various newsletters and ezines, you may be spammed, you may belong to safelists that require you to receive owner’s emails. All or some may cause a distraction from your day’s business activity. You may reach end of day and suddenly realize: “Hey, I’ve achieved nothing today.” That can be a demoralizing feeling.

Offline there are many distractions too: you may have children around, your partner may want your company, you may want to laze in garden as sun’s come out for first time in days. There are endless possibilities, depending on your own circumstances, interests and weaknesses. You need to be very much aware of what your own distractions are, and then manage them according to your business, domestic and personal priorities.

How Do You Manage Your Time?

However you manage your time, first part of process should be to:

• Decide what essential elements are for developing and growing your business, steadily and profitably.

• Consider your domestic and personal situation. Now you have your own home business, you have a chance to build into your daily routine activities that will enhance your own happiness and that of your family. This is a great opportunity. Make most of it.

• Take some quiet time and reflect on first two items. Let them meld together in your mind and visualize how they can be brought together to make your perfect day/s.

It’s dream of every person who starts a business to some day see it trading in one of stock exchanges even after they are no longer associated with company. The first step (#1) is simple since most small company are already incorporated and have a board of directors, so we will start with #2.

Step. #2. Engage a consultant but not before doing a background check. This is a must because consultant who is supposed to be working for you may be very person to destroy your dream.

Simply type consultants name in Google and if nothing comes up, try brokerage firm they were last associated with, to find out if they have been disciplined, or convicted of some crime by Securities and Exchange Commission or some other regulatory body.

Many individuals when barred from participating in any securities transaction or from acting as consultants still do so in a stealth manner. Hoping that you will be impressed with their sales pitch and not bother looking into their background.

The reason most consultants do not have websites is because they do not want regulators to find out that they are involved in stock market related activities.

Step. #3. If you are not using a securities attorney, ask consultant to recommend a good one, he will probably know several. A good attorney is critical since you want him to know process and has done this many times before.

Step. # 4. Have an audit done, this a requirement and must be done prior to any filing with Securities and Exchange Commission. The CEO needs to take an active part in auditing process since under new corporate governance laws he must affirmed final audited financials as being accurate.