Get your ducks in a row before starting a home business.

by Rodika Tollefson,

If you’re thinking about starting a home-based business, you’re in good company. About half of America’s 28 million small businesses (defined as having 500 or fewer employees) are estimated to be home-based by the Small Business Administration. About 75 percent of those businesses are “nonemployer firms” and 19 million of the 28 million are sole proprietors.

Starting a business from home sounds simple — all you need is some skills/talents and a place to work. But before you clear off the kitchen counter or hang up a “do not disturb sign” on your newly created office door, do a little digging into state and your local jurisdiction’s requirements. Having a home business may sound glamorous but there’s a fair amount of red tape involved.

Read more here.

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