9 Principles a Home Business Entrepreneur Should Know There are many reasons for launching a home-based business. Some people dream of founding a successful company that will endure for generations. Others are driven by an overwhelming desire to be in…

Is Your Home-Based Business Agile Enough to Weather a Recession? Economists have identified almost 50 recessions, panics, and financial crises in America since 1790. In some instances, one event had scarcely ended before another began. For example, a recession that…

Home Business Tips for Handling Cancellations & Returns No matter what type of business you operate from your home, sooner or later, you will likely need to deal with a customer who wants to cancel an order or return an…

Should You Incorporate Your Home-Based Business Some people form a home-based business dream of the day when they become the CEO of their own corporation. Others are more interested in securing certain advantages offered by a corporation, but many people…

USPS Bankrupt: Home Businesses Need Backup Plans There is no doubt that the COVID-19 pandemic has drastically altered the normal lives of billions of people around the world. In the United States, shelter-in-place orders, the closure of nonessential businesses, and…

Protecting Home Business During an Economic Downturn Most historians and economists agree that there have been more than 45 recessions in the history of the United States. Some recessions were mild but lengthy, others were short but severe, and a…

Your Health and Your Home Business are Connected A home-based business can be fulfilling and financially rewarding. Most people who launch a home business are initially filled with enthusiasm and energy, but unless they take care of themselves, the long…

Registered Agent Explained When you launched your home-based business, it may have been a one-person enterprise that operated as a sole proprietorship. As your business grew, you may have decided to choose a different business structure that would provide you…

Deducting Household Expenses for Home Business You are probably aware that expenses you incur solely for the benefit of your business reduce your taxable revenue. For example, suppose you own a home-based business that purchases picture frames at the wholesale…

Operating a Business From Home For many people, starting a home-based business is the culmination of years of planning, yearning, and economizing. It almost sounds too good to be true. Your commute is the few steps from your bedroom to…