ministration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based busines

To ensure that your business runs smoothly, you need to establish a solid structure. The success of your business depends on how well you manage it.

First, you need to choose how you will set up your business: as a sole proprietor, a partnership or a corporation. Most home-based businesses are sole proprietor-ships, but talk to an attorney to make sure that type is right for you.

Next, set up an effective record keeping system. If this is one area that leaves you baffled or bored, plan now how you will cope. Take a course at the local community college, talk to a volunteer SCORE (Service Corps of Retired Executives) representative from the Small Business Administration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based business

First, you need to choose how you will set up your business: as a sole proprietor, a partnership or a corporation. Most home-based businesses are sole proprietor-ships, but talk to an attorney to make sure that type is right for you.

Next, set up an effective record keeping system. If this is one area that leaves you baffled or bored, plan now how you will cope. Take a course at the local community college, talk to a volunteer SCORE (Service Corps of Retired Executives) representative from the Small Business Administration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based busines

alk to an attorney to make sure that type is right for you.

Next, set up an effective record keeping system. If this is one area that leaves you baffled or bored, plan now how you will cope. Take a course at the local community college, talk to a volunteer SCORE (Service Corps of Retired Executives) representative from the Small Business Administration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based busines

now how you will cope. Take a course at the local community college, talk to a volunteer SCORE (Service Corps of Retired Executives) representative from the Small Business Administration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based busines

ministration or hire an accountant to help you set up and maintain a record keeping system.

Don't forget taxes. Significant savings are available to home-based business owners. Every purchase and transaction you make has tax implications. However, you need to invest time, money and energy in maintaining good records and keeping current on tax law changes to ensure that you operate within the law. Once again, talk to your attorney and your accountant to find out your obligations and benefits. If you do not have an attorney or accountant, remember that the IRS offers free seminars to help small business owners.

Insurance is also an important consideration. Make sure business use of your home is compatible with your homeowner's policy. In addition to a personal plan, you will need a commercial policy for full protection.