Home Business Start-Up Guide!

A Home-Based Business Is the Best Type of Business to Operate When Times Are Hard.

In the face of a job market that is over-saturated with educated hopefuls and exceedingly competitive to the level of being impenetrable, people are grasping at drastic measures to make enough money to pay the bills each month. Rent prices increase steadily each year as salaries have lowered for well-qualified hirees. A master’s degree no longer promises graduates a smooth pathway to a top tier enterprise career. Considering leaving behind the corporate world of long hours behind a desk, surviving the drama of office politics and shouldering criticism with little reward in the name of earning a reasonable living? Read on to learn from a panel of home business experts how: to turn a passion project into a profitable home business; how to ensure your business is legally protected; how to take your home-based business to the next level; and how to keep tax issues in mind when managing a home business.

Turn a Passion Project into a Viable Business

By Kris Finstad

At the age of 35, I had an epiphany. After health issues forced me to take time off from my fulfilling and lucrative career in real estate, I realized that life was full of uncertainty (yes, as cliché as that may sound) and that I had to step back from my work and focus on what mattered — my family.

One evening while I was at home recovering, I happily volunteered to prepare dinner for my daughter and her friend (cooking had become a new hobby and served as great rehabilitation), who suffered severe food allergies. As any father would, I diligently scoured each nutrition label and cross-referenced them against a 10-page list of ingredients the friend must avoid, which was provided by the girl’s parents. I was confident the meal I prepared was suitable.