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Working From Home: Avoid Insanity With a Home-based Business 
 
by Joanne M. Friedman June 03, 2005

When You're Ready to Begin

  • There are many, many books available on the subject of starting a home business. Some offer surveys that help you decide what you are good at and what you will most likely enjoy doing. If you can’t find such titles in your local library, then make the tax-deductible investment and buy one or two.
  • Make a business plan (forms are available in many of the books, or through your local college or businessmen’s association). As the famous saying goes: If you fail to plan, you plan to fail!
  • Get advice from a professional. Many local colleges offer short courses or programs for up-and-coming businesses.
  • Get tax advice. Don’t risk losing what you’ve earned in taxes and penalties when a simple solution might be readily available.
  • Talk to your friends, neighbors, family and anyone else who’s willing to listen. Not only will you gain insight into the kind of businesses that are in demand, but you will cement in your mind your motivation and desire to move forward with your project.
  • GET STARTED! Put together a brochure, run an ad in the local paper, or post a sign at the supermarket or the gym. You have nothing to lose and so very much to gain!

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