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    • DESSERTS >
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      • Christmas Gingerbread Men
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      • Dark Chocolate Mayonnaise Bundt Cake
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      • INSIDE OUT GERMAN CHOCOLATE CAKE
      • Lemon Dark Chocolate Chip Cake with Caramel Sauce
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      • Pat's Ultimate Chocolate Chip Cookie Recipe
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      • CHEESE CAKE FOR THE 4TH
      • Cherry French Vanilla Cake - With a Hint of Lime
      • Lemon Cake
      • SUNDAE SUNDAE
      • Banana Blueberry Pudding
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    • Side Dishes >
      • Sweet Southern Macaroni Salad
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      • Southern Sweet Potato Casserole
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      • Pineapple Casserole
      • Oven Fried Garlic- Ranch Potatoes
      • Garlic Parmesan Potato Wedges
      • French Green Beans
      • Sweet Yellow Cornbread....
    • Main Dishes >
      • Lemon Pepper Pan Seared Pork Chops
      • Classic Beef & Bean Chili
      • Puff Pastry Cheese Pizza
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      • Brown Sugar Meatloaf
      • Pat's Southern Goulash
      • Bruschetta Parmesan Chicken
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      • The Ultimate BLT Egg & Cheese Sandwich
      • Margarita Pizza - With a Twist
      • Canadian Bacon , Bacon & Cheddar Cheese Pizza
      • Slow Cooked Paprika BBQ Chicken Legs
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      • Pasta Primavera w/Grilled Chicken
      • Slow Cooker BBQ
      • White Bean Soup
    • KETO RECIPES >
      • Keto Cheese Cake- Delicious Cheesecake for the KETO Lover
    • Budget Baking Do-Nuts
    • Computer GUMBO >
      • Tips & Tricks ---PC Style
      • Gumbo - Tips & Trick for Word & Excel
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Tips For Building A Successful Small Business From Home

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Tips For Building A Successful Small Business From Home
By:  Guest Writer, ​Shelia Jenkins

​
With all the modern tools, resources, and support available these days, it doesn’t take much to start a small business. 
Many entrepreneurs are taking advantage of the benefits of building a successful small business from home.

So if building a small business is something you’ve always dreamed of, you’ve come to the right place! Below, we’ve got all the tips you’ll ever need for building a successful small business from home.

Learn The Regulations

The last thing any home-based entrepreneur wants is to accidentally start an illegal small business and end up getting into trouble with the law.
The most critical question you need to answer is whether or not you can build and operate your small business from home. 

Some cities and municipalities have strict zoning regulations that might prevent you from running a commercial enterprise from the comforts of your home. 
​

So depending on the defined laws and regulations in your area, you might need to invest in an office building space instead. Once you’ve done your research to find this out, you’ll also need to register your small business with the government. 

This includes registering a business name, obtaining any licenses that may be needed for your business, developing a business plan, and looking into financing if required. 

Create A Designated Workspace

When you work from home, it’s easy for work to blend into home life. 
But, as much as that can be a good thing, it’s important to remember that your home is also full of distractions, like TVs and smartphones, which aren’t exactly conducive to your productivity. So to ensure you stay motivated, make sure to create a designated workspace. Your designated workspace will minimize distractions and help you focus on growing your small business. 

Keep An Eye On Costs

Think about all the tools and resources you’ll need to run your small business successfully. These might include website hosting, a better cell phone plan, or various software tools to manage your customers and orders. As your small business grows, you might even need to hire employees. 

The last thing you want is to overspend on the things that don’t matter, which is why it’s crucial to create a budget for your business. 
If you need and can afford that new laptop for the office, fantastic! However, it would be best if you kept in mind that you should always prioritize your costs as a small business owner. 

Focus on investing in the ‘must have’ items and tools you need to keep your small business running first. Afterwards, you can look at non-essential costs, like that new laptop or any other products or services that can help your business but aren’t essential. 
This will help you to keep an eye on cost and build a successful small business. 

Understand Small Business Taxes

Running a small business from home can give you specific tax breaks and benefits. For example, if you have a designated office, you might have the opportunity to claim the electricity and utility costs for space on your taxes. 

You might also be able to claim a percentage of other costs, like your home internet, phone bill, and any office materials you buy like pens, paper, printer ink, and even business cards to hand out to potential customers.  

Then, at tax time, you can always invest your refund money back into your small business. When you understand where you can save on your taxes, building a small business from home can benefit you so much more than opening an office space. 

Building A Small Business From Home

There are many aspects of running a small business from home. But the best tips for building a successful small business from home include:
  • Learning about small business regulations in your area.
  • Having a designated workspace.
  • Keeping an eye on your costs, profits and expenses.
  • Understanding small business taxes. 

With these things in mind, you’ll be able to make better business decisions, and you’ll be well on your way to being the next successful home-based entrepreneur! 


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SHOP MY LTK
  • Home
    • About >
      • Contact
  • Sunday Comforts
  • Recipes
    • APPETIZERS >
      • Twisted Candied Bacon
      • Loaded Spinach Cream Cheese Dip
      • Loaded Deviled Eggs
      • Southern Sausage Balls
      • French Bread Bruschetta Pizza Appetizers
      • Cream Cheese Sausage Balls
    • BRUNCH >
      • Southern Sharp Cheddar Sausage Balls
      • Chocolate Chunk Muffins
      • Cinnamon Biscuits
      • Lemon Pecan Biscuit Scones
      • Roasted Garlic & Red Pepper ​Cheddar Buttermilk Biscuits
      • Coconut Pecan Loaf
      • Pumpkin Pecan Chocolate Chip Muffins
      • Orange Cranberry Bread - A Southern Brunch Staple
      • Breakfast Pizza
      • Chocolate Brioche Buns
      • Brunch Cereal Cookies -
      • BLT Egg & Cheese Brunch Sandwiches
      • Chocolate Chip Banana Bread
      • Banana Pecan French Toast
    • Pat's Granola's >
      • Energy Balls - No Bake Oat Balls
      • Peppermint Holiday Granola
      • Pat's Kitchen Sink Granola
      • Hello Dolly Granola
      • Pumpkin Dark Chocolate Chip Granola
      • Peach Crisp Parfaits
      • Pat's Granola Goop
    • DESSERTS >
      • Gluten Free Hello Dollies
      • Lemon Sour Cream Bundt Cake
      • Cast Iron Skillet Chocolate Chip Cookie Cake
      • Moist Peach Bundt Cake
      • Carrot Maple Apple Pecan Cake - With Caramel Sauce Topping
      • Christmas Gingerbread Men
      • French Vanilla Cranberry Pecan Bundt Cake
      • Dark Chocolate Mayonnaise Bundt Cake
      • Banana Cream Pie - Baked with #Purecane Sweetner
      • Dark Chocolate Pretzel Haystacks
      • INSIDE OUT GERMAN CHOCOLATE CAKE
      • Lemon Dark Chocolate Chip Cake with Caramel Sauce
      • Wedding Cookies
      • Oatmeal Choc Chip Pecan Cookies
      • Divine Peanut Butter Cookies with Organic Cacoa Nibs
      • Pat's Ultimate Chocolate Chip Cookie Recipe
      • Pumpkin Chocolate Chip Bread
      • CHEESE CAKE FOR THE 4TH
      • Cherry French Vanilla Cake - With a Hint of Lime
      • Lemon Cake
      • SUNDAE SUNDAE
      • Banana Blueberry Pudding
      • MOOSE MUNCH --Torani Caramel Sauce
    • Side Dishes >
      • Sweet Southern Macaroni Salad
      • Jalapeno Cheddar Buttermilk Cornbread Muffins - For the Spicy Cornbread Lover
      • Southern Sweet Potato Casserole
      • Twice Baked Potatoes
      • Pineapple Casserole
      • Oven Fried Garlic- Ranch Potatoes
      • Garlic Parmesan Potato Wedges
      • French Green Beans
      • Sweet Yellow Cornbread....
    • Main Dishes >
      • Lemon Pepper Pan Seared Pork Chops
      • Classic Beef & Bean Chili
      • Puff Pastry Cheese Pizza
      • Cheesy Chicken Spaghetti with Spinach
      • White Bean Chicken Chili
      • Pecan Crusted Chicken
      • Apricot Glazed Pork Tenderloin
      • Brown Sugar Meatloaf
      • Pat's Southern Goulash
      • Bruschetta Parmesan Chicken
      • Chicken Pot Pie
      • The Ultimate BLT Egg & Cheese Sandwich
      • Margarita Pizza - With a Twist
      • Canadian Bacon , Bacon & Cheddar Cheese Pizza
      • Slow Cooked Paprika BBQ Chicken Legs
      • Margarita Chicken - Kraft Style
      • Pasta Primavera w/Grilled Chicken
      • Slow Cooker BBQ
      • White Bean Soup
    • KETO RECIPES >
      • Keto Cheese Cake- Delicious Cheesecake for the KETO Lover
    • Budget Baking Do-Nuts
    • Computer GUMBO >
      • Tips & Tricks ---PC Style
      • Gumbo - Tips & Trick for Word & Excel
  • SHOP MY LTK FINDS