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__ Obtain a separate business telephone line.
__ Order business stationary and cards. If you need small quantities, consider using pre-printed paper.
__ Talk to your insurance company about additional insurance to cover your business equipment, inventory, liability, etc. __ Meet with a CPA regarding tax and accounting issues. They may be able to point out deductions you may be eligible for and help you better understand tax issues.
__ Keep complete and separate records for your business. Record each sale, invoice, receipt, payroll, expense, etc. Keep copies of all receipts, invoices, cancelled checks, etc. Record your business mileage in a daily log book that you keep in your vehicle.
Be prepared to start your home business by:
- Developing a business plan.
- Making contacts and networking for clients and customers before you begin your home business.
- Checking on health insurance costs and options.
- Running your business part-time if you need security of your job.
- Have financial resources if needed to carry you through first several months of starting your business.
-Read everything there is on type of business that you wish to start.
As Diana Ennen of Virtual Word Publishing (http://www.virtualwordpublishing.com) states, "Learn how pros have done it to help avoid costly mistakes and get great tips to success as well."
Lesley Spencer is founder and president of the HBWM.com, Inc. Network which includes: http://www.HomeBasedWorkingMoms.com, http://www.WorkAtHomeKit.com, http://www.edirectoryofhomebasedcareers.com, http:/www.momsworkathomesite.com , http://www.HBWMconferences.com, http://www.HBWMcanada.com and http://www.HireMyMom.com (coming soon!).