How to do a home business

You have a commercial vein, but there is no way to go to work every day, then a home business is your case. But if you decide to do business at home, you need to provide for a lot of nuances associated with this.

Instruction manual

1

First of all, think what exactly you will do, what services to provide, what products to produce. So at home you can grow mushrooms (flowers), write essays (control, term papers and dissertations), be a translator, compose music, practice tutoring or work as a nanny, create handicrafts. You can make money on the Internet or be a dispatcher on your home phone. Choose what you like and according to your strengths.

2

Having decided on your occupation, start developing a business plan. Think about what you need to start the activity, what equipment you need to purchase, what material and financial costs you incur. What is the expected scope of work. How quickly do you pay back the money invested. Where will you look for customers. What is the profitability of your business.

3

Think about where you get the initial capital. Find out which small business support programs exist in your area, and which ones you may fall under. You can find out about these programs in local authorities, in the center of employment, in the department of social protection of the population. Immediately find out what pitfalls will await you if you use the help of the state. So, for example, what kind of reporting you will have to submit in a year, what turnovers to have, what taxes to pay on received subsidies.

4

Next, find out what permissions or licenses you will need to get to run your business. So, for example, if you decide to open a home kindergarten, you will need a lot of permits: from Rospotrebnadzor, and from firefighters, and from local governments. Please note that you must learn about these permits before starting a business. Otherwise, a situation may arise when the money has already been invested, equipment has been purchased, and you are not given the go-ahead to conduct this type of activity. For example, you want to bake pies at home, and the kitchen has a small area and is not equipped with the necessary number of sinks. Rospotrebnadzor will veto your business.

5

Now open a business and do your business. If you calculated everything correctly, you are guaranteed success.