Identifying Legal and Start Up Needs for Your Home Based Business
Knowing how to legally start a business in your home is essential, yet many people don't take the time to learn what laws and restrictions apply.
Obtain any permits, licenses, dba, TIN, trademark, copyrights, zoning or restrictions that may apply to you before going any further.
From determining the skills you'll need to run your business, deciding what the legal structure of your home business will be, to writing a business plan for your home business, don't skip these vital steps to becoming an entrepreneur.
You may find that you need to take some refresher courses in accounting, or learn a whole new skill in order to run your business. There are many workshops, tutorials, and distance learning courses you can take online that can help you in the areas you need the most.
Financing can be a huge stumbling bock for many would-be home businesses, so check with the SBA for help finding your financing options if you think you'll need some start up capital.
Your home business will almost definitely need a business bank account, even if you plan on doing business only on the Internet.
Determine your business strategy and write your business plan. These steps are vital, and will be the core of all steps you take afterwards.
Learn what legal structure best fits your business, and what steps to take in order to make your home business legal for operation.
Essential elements of a business plan, and why your home business must have one; free business plan download.
A handy checklist to help you prepare for start-up of a home business.
Find out if you and your home business are ready to start up.
Find out if you possess the skills you need to start and run your home business.