Working at Home Does Not Mean I’m Free

Years ago when I decided to stay home to my kids it was as if a memo went out to all my friends informing them that I was now at their disposal. I was now the go to girl for babysitting needs or any other need a person who went to work could not do. At first I was happy to help but in time I grew weary of the expectation that I was available just because I was home. I may not have worked but I had two small children and household under my charge. Still, I felt obligated … Continue reading

Selling Your Home Business, Part Two

Earlier today, I wrote in the first part of this topic on “Selling Your Home Business” about how the type of business structure and what your business does can affect your ability to sell it if you should decide you are ready to get out of the business for whatever reason. I want to also talk about how to figure out the value of your business and what to look for in a buyer. Setting a value on a home business can be tough. After all, most of us do not have property that is separate from our house and … Continue reading

Financing Your Home Business

There are many opportunities available to help you find start up funding for your home business, or to inject more capital into your existing or expanding home business. Start by doing some research online. You can find numerous sites filled with information on financing. One site that may prove helpful is Home Business Center. Here you will find information on everything from low interest credit cards and start up loans to unsecured personal loans and government grants. Do you need to write a business plan in order to secure financing, but you just don’t know where to start? You can … Continue reading

Home Business: Taxes

Filing your taxes can be a hand wringing, nerve wracking experience, especially when you have a new home business and are unfamiliar with tax codes. While there are many resources available to help you learn more about taxes, including which deductions you should claim and which ones send up a red flag, you may be better off hiring a tax professional at least when you are starting out. You do not want to make mistakes early on that could cause you to lose your business before you really get it going. To learn more about taxes, visit the IRS and … Continue reading