Growing your home business is a vital component for reaching profitability; yet turning a profit depends heavily on your ability to harness the cutting edge of your niche. While this may appear to be a logical progression, it is interesting to note that for every home business that is a clear trend setter in its field, there are a host of others that also grow quite nicely, yet without having that cutting edge.
There appear to be five innovative steps that a home business entrepreneur can take will make a home business turn a profit by becoming a market leader.
1. First and foremost is the protection of special technology that is developed specifically for and by your business. It is irrelevant if this technology is a simple little gadget that makes the air cleaner inside your office, or a life changing invention that will change the way of doing business as you know it. With the use of a patent, your intellectual property is protected, and in addition to the foregoing you will qualify for preferential treatment from governing bodies the world over, all of which will ensure that your patented product is not copied or sold elsewhere. Thus, someone else wishing to...
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