Essay about Endocrine: Home-based Business

Submitted By JJOHN154
Words: 1416
Pages: 6
Open Document
HOW TO START A HOME-BASED BUSINESS

Up until recently, going to work meant traveling from home to a plant or office. Today many people do some or all of their work at home. A private market-research firm estimates that as many as 13 million people squeeze extra hours into their work week by taking work home from their full-time jobs, while some 9 million people work exclusively at home.
Many people find that working at home is an ideal arrangement and decide to formally set up businesses there. The SBA estimates that more than 3 million of these home-based businesses are now operating throughout the country. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs - home-based business people. And with recent technological advances and a rising demand for "service-oriented" businesses, the opportunities seem to be endless.
Is a Home-based Business Right for You?
Before you dive head first into a home-based business, it's essential that you know why you are doing it and how you will do it. To succeed, your business must be based on something greater than a desire to be your own boss: an honest assessment of your own personality, an understanding of what's involved, and a lot of hard work. You have to be willing to plan ahead, then make improvements and adjustments along the road. While there are no "best" or "right" reasons for starting a home-based business, it is vital to have a very clear idea of what you are getting into and why. Ask yourself these questions:
Are you a self-starter?
Can you stick to business if you're working at home?
Do you have the necessary self-discipline to maintain schedules?
Can you deal with the isolation of working from home?

Working under the same roof that your family lives under may not prove to be as easy as it seems. It is important that you work in a professional environment; if at all possible, you should set up a separate office in your home. You must consider if - your home has the space for a business, and
You can successfully run the business from your home.
Legal Requirements
A home-based business is subject to many of the same laws and regulations affecting other businesses - and you will be responsible for complying with them. There are some general areas to watch out for, but be sure to consult an attorney and your state department of labor to find out which laws and regulations will affect your business. Zoning: Be aware of your city's zoning regulations. If your business operates in violation of them, you could be fined or closed down. Restrictions on certain goods: Certain products may not be produced in the home. Most states outlaw home production of fireworks, drugs, poisons, explosives, sanitary or medical products, and toys. Some states also prohibit home-based businesses from making food, drink or clothing. Registration and accounting requirements: You may need a - work certificate or a license from the state (your business's name also may need to be registered with the state), sales tax number, separate business telephone, and
Separate business bank account.
If your business has employees, you are responsible for - withholding income and social security taxes, and complying with minimum wage and employee health and safety laws.
Finding Your Niche
Choosing a home business is like choosing a spouse or partner - your decision must be approached with a great deal of care. You need to learn as much about the market for any product or service as you can. Before you invest your time, effort and money, take a few moments to answer the following questions. They'll help separate sound ideas from those with a high potential for failure.
Can you identify and describe the business you plan on establishing?
What will be your product or service?
Is there a demand
Show More

Related Documents: Essay about Endocrine: Home-based Business

Sustainability: Water and Wind Power Essay

The world is constantly going through a variety of changes and it is our jobs as human beings to make sure we establish a sustainable environment. Problems facing our environment today are climate change, carbon dioxide emissions, food shortage, endocrine disruptors and water depletion. If these problems are not sustainable we could face some serious problems in future years. Sustainability refers to the ability of an ecosystem service to replenish and not deplete over time. The Rio Declaration of…

Words 4773 - Pages 20

Swinburne University of Technology Library – Harvard Style Guide Essay

Information Resources Library Harvard Style Guide In-text references, reference lIsts and bIblIographIes www.swinburne.edu.au/lib Swinburne University of Technology Library – Harvard Style Guide 1. The purpose of Harvard Style Harvard Style is an academic citation system that allows you to use and then acknowledge other people’s information and ideas in your own work. Using Harvard Style ensures that people who read your work can locate and read the same sources you used; using it also…

Words 4243 - Pages 17

Psychological Disorder Analysis Psy 270

was always away on business trips so I really didn’t see him in the house a lot. My Mother and I spent most days alone. I remember her being really sad whenever he was gone. She used to love to sing and had a lovely voice but one day the singing stopped.” Clinician: “What is your relationship like with them now?” Marla: “I actually don’t see them very much, only on holidays. My mom is in her own little world most of the time and I think my dad is thinking about putting her in a home.” Clinician: “What…

Words 1767 - Pages 8

Lyndon B. Johnson and Vietnam War Era Essay

“make love not war”. They protested the war and advocated nonviolence and love. By the mid-1970s the movement had waned, and by the 1980s hippies had given way to a new generation of young people who were intent on making careers for themselves in business and who came to be known as yuppies (young urban professionals). Nonetheless,…

Words 3137 - Pages 13

PDHPE Notes Core 1 Essay

PDHPE Notes HOW ARE PRIORITY ISSUES FOR AUSTRALIA’S HEALTH IDENTIFIED Measuring health status To identify health priories issues within a population you need to understand the health status of the population and its subgroups Health Status = Current state of health for an individual, group or population Tools used – Infant/Mortality, morbidity, life expectancy To create accurate and comprehensive information on the health status of Australia a range of information need to be accessed to derive…

Words 6259 - Pages 26

Your Provider Is A Healthtexas Physician

easy access to referrals, consultations, and patient education materials. • mproved Coordinated Care I Our primary care sites are recognized by the National Committee for Quality Assurance (NCQA) as Physician Connections-Patient-Centered Medical Homes (PPC-PCMH) allowing our physicians to coordinate your care seamlessly across our network of specialists, labs, and hospitals in accordance with your specific needs. We appreciate your trust in us and thank you for choosing a HealthTexas physician…

Words 5025 - Pages 21

Apple Environmental Responsibility Report 2014 Essay

Environmental Responsibility Report 2014 Progress Report, Covering FY2013 Contents Page 3 Environmental Responsibility at Apple Page 4 Climate Change Facilities Product usage Transportation Recycling Page 15 Greener Materials Removing toxins Product testing Page 17 Finite Resources Conserving materials Recycling Page 20 Appendix A Environmental Health and Safety Policy Statement Page 21 Appendix B Carbon Assurance and Review Statements Page 29 Appendix C References…

Words 9600 - Pages 39