Why Sole Proprietors Should Separate Personal and Business Expenses It is very common for people who are starting a home-based business to use their personal checking accounts and credit cards as funding sources, especially if they choose a sole proprietorship…
Maximizing Deductions Related to Your Home Business If you are the sole proprietor of a home-based business, you probably know that legitimate deductions can help lower the amount of federal and state taxes you must pay on the income generated…
Do You Need to Close Your Home-based Business? In recent decades, and now more than ever, the number of home-based businesses launched in the United States has increased annually. Sadly, not every new business will succeed. The reasons behind the…
Recovery Tips for your Home-based Business that has Been Negatively Hit By CVOID-19 In 2020, the COVID-19 pandemic had far-reaching implications for virtually all businesses and their customers. In hard-hit areas, many types of businesses were forced to dramatically alter…
Are You Sharing More Than You Should About Yourself and Your Home-Based Business? Major corporations have massive marketing budgets that allow them to advertise in print, on numerous online sites, and through catalogs or other materials mailed directly to potential…
Professional Image for Your Home-Based Business Running a successful home-based business requires a great deal of effort. If you are your company’s entire staff, you field phone calls and emails, plan and execute marketing campaigns, deal with vendors, and interact…
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…
