The dream of starting a home business is deeply ingrained in the psyche of almost each and every American. At times it is the wish to be a successful entrepreneur and like bill Gates create an empire while for others it is simply the hope of turning a hobby into a marginally successful business that will meet all financial obligations and enable the dreamer to stay at home and not hold down a traditional nine to five job. For those who are seriously considering stepping out and trying to build that business from their spare bedroom or a basement, here are five steps you can follow on your road to becoming a small business entrepreneur.
Starting a home business requires that you know what you want to do and that the activity is legal in the area where you want to do it. For example, if you are wonderful with children and would like to become a stay at home mom, then it would make sense to start an in-home daycare so that you will have the ability to make money from your childrearing expertise. Unfortunately, if you live in a rental unit or in a covenant controlled community, you may find that running a home daycare is specifically forbidden. Thus, the first step to...
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