Is There A BEST Home Business For You? E-mail

The first businesses were based in the home: trades and crafts. Then came the so-called Industrial Revolution that centralized work and invented the commute. Today, many people are discovering that the best business for them is one that combines home and work—a cottage company.

Let’s discuss some topics important to cottage companies to help you decide whether it’s something you want to do.

Most home business entrepreneurs simply set up a small office at the dining table, in a walk-in closet, an extra bedroom or the garage. This is the best situation for a home business for many reasons. First, there will be little or no additional rent expense. It is also more convenient to keep all business records at home, where they’re accessible at any time. Finally, having a home office means you can legally deduct some of your household costs as legitimate expenses and reduce your tax obligation.

But the best reason for having your office at home is that it saves you time. A client can call you in the evening to ask about a specific job and you can quickly check your records or make notes in the job file without leaving your home.

Of course, with a home office you may want to discourage walk-in customers. Don’t include your address in your ads. Rather, have prospects call you to set up an appointment. Make sure that the path from your front door to your office is short and looks as professional as possible.