21 steps to Home bome business success

Some simple steps I learned when I was talking business in collage.

Step 1 Decide what part of the house to use.

Step 2 Determine how much time you can spend on the business.

Step 3 Decide on the type of business.

Step 4 Choose a Legal form

            Proprietorship (Sole proprietorship)

              -you own all the profits

              -your the boss

              -you enjoy certain tax savings

              -greater personal incentive and satisfaction 

            Satisfaction 

             -partnership

             -corporation

Step 5 Determine where the money comes from.

Step 6 Gather information. 

Step 7 Check on zoning restrictions.

Step 8 Pick a Business name and register it. 

Step 9 Write a business plan.

Step 10 Get an identifying number.

Step 11 Obtain a sales tax permit.

Step 12 Obtain licenses permit.

Step 13 Select Business cards, stationery, brochures.

Step 14 Open a Business checking account.

Step 15 Setup record keeping systems

Step 16 Check IRS requirements.

Step 17 Outfit the business

Step 18 Decide telephone requirements.

Step 19 Check out the post office and ups

Step 20 Purchase the necessary insurance.

Step 21 Organize the house and your self.

Good recourses to check out are.

www.sab.gov/tools/resourcelibrary/publications/.

www.business.gov

www.homebusinessmag.com

www.homeworkingmom.com

www.nase.org

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