We recently presented this list at the Femworking Conference for small businesses and bloggers in DC. It is important to consider each of these if you want to make money blogging.
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Have an aesthetically pleasing site with home page bio and picture
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Space the frequency of promoted posts
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Write in an authentic voice
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Know what you offer
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Have a rate sheet, but be flexible for brands with which you want to work
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Have a self hosted blog
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Be familiar with Rafflecopter and other giveaway applications
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Work with brands that are a good fit for you and your family and interest you
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Provide your email address- make it easy to be contacted with opportunities!
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Treat your blog like a business