You have a good home business idea. What?s next?

Written by Arina Nikitina

So, you want to start your home-based business. You have an idea. But do you know where to start???? That?s important to start withrepparttar legal aspects of running a home-based business: business registration and taxes.

The first thing you should consider is choosing an appropriate form of business. From a legal point of view, there are four types of businesses: 1.Sole proprietorships (This isrepparttar 117460 simplest form of business. A sole proprietor directly ownsrepparttar 117461 business and is directly responsible for its debts.) 2.Partnerships (A form of business entity in which 2 or more co-owners engage in business for profit. Forrepparttar 117462 most part,repparttar 117463 partners ownrepparttar 117464 business assets together and are personally liable for business debts.) 3.Corporations (A corporation is a legal entity that is separate from its owners,repparttar 117465 shareholders. No shareholder of a corporation is personally liable forrepparttar 117466 debts, obligations or acts ofrepparttar 117467 corporation.) 4.Co-operatives. (A co-operative is a corporation organized and controlled by its members, who pool resources to provide themselves and their patrons with goods, services, or other benefits.) I think in most home business casesrepparttar 117468 most suitable is sole proprietorship.

A sole proprietorship is a business entity owned and managed by one person. The sole proprietorship can be organized very informally, is not subject to much federal or state regulation, and is relatively simple to manage and control.


Unlike an LLC or a corporation, you generally don't have to file any special forms or pay any fees to start working as a sole proprietor. All you have to do is declare your business to be a sole proprietorship when you completerepparttar 117469 general registration requirements that apply to all new businesses.

The List Is The Thing

Written by Ken Leonard Jr.

Many companies begin their online sales ventures withrepparttar wrong strategy to build long term success. Thinking that a website isrepparttar 117459 core of their business leads them to focus on getting website visitors. Makingrepparttar 117460 site "sticky", by using a member-only area or a community feature such as chat or a forum, may get some of your visitors to come back for more. Unfortunately,repparttar 117461 large part of your viewers may not use these features, and being in a hurry, they are just a click away from another new and interesting website. Many of your "hits" are just that, a quick click, and they're gone forever. The visitor that clicked away likely found your site by using a search engine. They were interested inrepparttar 117462 search term that was one of your site's keywords. That means that they may be your "target customer". Isn't it a shame that you only had one chance to sell this visitor on your product or service? Don't you wish that you could follow-up on that "lead" at a later time? With a better offer or a different related product? You can. The focus of your online sales business "has" to be capturing lead information (email addresses) and building a database of prospects and previous customers. This "house list" enables you to keep in touch with your leads,

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