Checklist for Starting a Home-Based Business

Starting a home-based business can be a complicated undertaking. The following checklist covers the most important points that you will need to consider and will help you stay focused as you try and get your business off the ground.

1. Create a business plan. Even if you are the only one that will ever read it, it is important to plan out your business and the important milestones you hope to accomplish. See the AllBusiness.com Business Plan Center for advice on putting together this important document.

2. Establish your business entity. You will need to decide if you want to run your business as a sole proprietorship, a partnership, or a corporation.

3. Get your business license or reseller certificate. Make sure you are in compliance with your state laws and get a business license or a reseller certificate if your state requires one.

4. Check with your local zoning commission. You do not want your business shut down prematurely due to zoning laws. Make sure you can legally run your business from your home before you put in too much time and effort.

5. Purchase insurance. Determine what kind of insurance you need, and purchase this before you actually open your new business.

6. Organize your office. A well-organized office space leads to a successful business. Make sure that your office is in a place in your home where you will be able to focus on running your business with minimal distractions.