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…

Should You Hire a Relative for Your Home Business? When you first launched your home-based business, you may have been fortunate enough to have relatives volunteer to help you out on occasion. Perhaps your teenager answered the phone when you were…

How to Change Registered Agent in Texas Many people who operate a business from their homes choose a limited liability company, commonly called an LLC, as their business structure. Even if they began their business as a sole proprietorship, entrepreneurs…

Six New Year’s Resolutions Entrepreneurs Should Consider The practice of making resolutions on New Year’s Day is rooted in ancient times. Historians credit the Babylonians with making the first resolutions approximately 4,000 years ago. Although the Babylonian new year began…