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Job Help: Ready to Be Your Own Boss? There are many reasons people start a home-based business. Whether you've been laid off, have a burning desire to be your own boss, need to be home with young children or aging parents, or simply have an entrepreneurial spirit you want to recognize, a home-based business requires several steps before your dream can become a reality. First, be realistic in your expectations. Don't believe all the advertisements that imply quick money with little work. It may take up to three years before you begin to make a profit. Second, spend time researching your business idea. Having a passion and knowing you have above average skills is not enough to turn your dream into a positive cash flow. Find out what's going on in the marketplace and put together a business plan. Third, learn as much as you can about small business. Network with other small business owners and learn from their mistakes. Ask lots of questions and make lots of contacts, not only have these people been there and done that, they may also be potential clients. Fourth, contact an accountant for advice. Even if you think you can't afford an accountant right now; the reality is, you can't afford not to seek an accountant's advice from the very beginning of your business start-up. You should think about taxes, licensing, and insurance information. An accountant can help you with the big picture issues and get you started on the right track. If you plan to manage your own accounts receivable and payable, take a course like Accounting for Non-Accountants or an online accounting course. Your local chamber of commerce can help recommend professionals for you to work with, as well as provide access to research materials, networking opportunities, and more. Don't overlook this organization as a valuable resource. Continuing Education offers several courses to help you get your new business off to a successful start. Visit our small / home-based business courses and take a look at how we can help you. From learning to create that business plan, to running a business on the Internet, there are courses online or in the classroom especially for you. Go back to the ConEd eCourier Home Page
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