Nows the time to Start a Home based Business

rothchristian asked:


I am looking into setting up a home based Business as a part time thing. I have a day job and I would like to do this music endeavor on the side. I want this to be legitimate but I know I will be making very little money and writing off a lot in tax deductions. Does anyone have experience in with this type of scenario? Is there a reasonable expectation that IRS has around how much revenue needs to come in for how much you are writing off? I don’t want the Business to appear fraudulent although I have more to gain from a tax deduction basis.

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Cisco asked:


What is the best method to sell a very small home-based business? I think it may be too small to go through a business broker, so not certain what the best way to market or advertise the sale of the business. Also, what is a good way to value a business with very little in assets and no debt. Sales of about $13,500 a year for part-time work from home.

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Mommy of twin boys 04/16/09! asked:


Are there any legit data entry jobs online? Looking to make extra money and not have to pay a membership fee.

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sandman asked:


Does anyone have any good tips for a good money making home based business that can be started up with little or no cash investment? If you have something fresh I would appreciate hearing about it. I’ve heard all the old tired ones that have been around forever. Most want you to invest $ to get started so that’s their home based business, getting other people to join. If there is a true can’t miss system out there it seems like they would want to share it and have you pay as you reap the profits, in other words, no risk because if it doesn’t do what they boast, you aren’t out anything except time. PS…. no artsy stuff as I’m a single guy so not into gurly stuff.

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Ann N asked:


I have an accounting degree, specifically in taxes and looking for a home based business that fits my back ground. Any ideas?

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GooGurl43 asked:


I want to start a small home based business where I can bake Cakes, cookies, mints, and other sweets to sell. I was wondering if I needing a certain kind of license for a commercial kitchen or for a small home business? Any information would be appreciated! (I’m from Iowa if that makes a difference.) Thanks!

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bea asked:


Pls. tell me honestly which home based job online are really working because im really intersted in working at home online

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Regina asked:


On a limited budget, share the free and low cost tools that are most effective for growing a home based business, an online business, or a small business.
This question is not a solicitation for your home based businesses. It is a question about marketing tools and strategies that people WITH businesses can use to build their businesses.

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sheldon_koggs asked:


I am 1 of the 2 partners in a home based business which currently is run out of my partner’s home. The business consumes space and also utilities. I am trying to come up with a fair rate for rent and a fair calculation for the use of utilities based on what is used for the business. Can someone suggest a guideline here?

I personally don’t feel that the company should be charge full fair market value for rent since I believe it’s a convenience to be able to work at home. Does anyone agree or am I way off here?

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mwright555 asked:


I under withheld in my regular full time job and owe alot in taxes…i have a part time home based business that i spent alot more on than i made, can i use deductions to offset the revenue as well as lower my gross income from my regular job? I read u can only use the deductions up to whatever the revenue was for the home based business?

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