Posted by Oze Parrot on October 14th, 2007
Some of the main benefits attached to starting your own home business are that the starting costs are very small, there is no need to rent or purchase a business premises and there is no need to commute. Now, this does not mean that there are no start up costs. Just because you have a home with power, a phone, a study and good neighbors does not mean instant business address.
The very first thing to do is check with your local government authority to determine whether or not they allow people to conduct a commercial operation from their homes, and if so, is a registration fee applicable. Once official approval has been granted for your business application the next step is to establish your business address at the local post office.
Your home business premises does not encompass the entire household. Your home office should be private from the house, yet accessible to the public via a separate entrance. Visitors should be afforded basic facilities, including adequate seating and access to comfort room facilities.
A home office should be well lit, quite and well appointed. There should be enough power points, telephone connections and lighting fixtures to make the facility comfortable and functional for management and customers alike. It is essential that you install a business phone line to your office as well as a fast cable connection for your office computer. The temptation exists to use the home phone for your business activities as well as for social calls, but you would be well advised to have a business phone installed and keep your home phone number private.
Home business start up costs are only a fraction of the cost of establishing a business premises in the commercial center of town, there are no added lease payments to make, no commuting costs and your monthly out goings will be little more than there are at present. Bear this in mind when you are setting up a home office, allow yourself a generous budget to properly establish a competitive business venture and enjoy the benefits of having a limited monthly expenditure.
Market your products effectively and, provided that you are producing quality items that are competitively priced, then your success is assured. By establishing a good name in the marketplace you will become well respected and your home business will develop into a lucrative venture.
For further information visit our web site at: Home Based Internet Business
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