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Jean's Business Law / Taxes: U.S. Blog

By Jean Murray, About.com Guide to Business Law / Taxes: U.S.

Jobless? Consider a Home Based Business

Friday July 3, 2009

The New York Times reports that the unemployment rate is an unacceptable 9.5 percent in June. If you are among those who have left your job, voluntarily or not, you may have considered starting a home based business.

Starting a home based business has lots of benefits:

  • You can work anytime you want, dressed however you want
  • You can keep your costs low because you don't have an office to maintain
  • You can deduct certain home expenses related to use of your home for business
  • You can get started easily and quickly with little capital required.

To learn more about starting a simple home based business, read my article on Simple Business Start-up. Then check out my new article about home business expenses and income tax deductions.

Be sure to check out Randy Duermyer's Home Business GuideSite here at About.com. Randy gives you lots of information about home businesses, including a weekly list of legitimate home business opportunities.

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