Getting Rich In Your Underwear

[Roguegal]

"Getting Rich In Your Underwear: How To Start And Run A Profitable Home-Based Business"
By Peter I. Hupalo

Getting Rich In Your Underwear: How To Start And Run A Profitable Home-Based Business will help you get started with your own home business. The book covers these topics:

* Business Models And The Home Business. Learn how to select a profitable business endeavor with growth potential. Understand back-of-the-envelope calculations and how to evaluate your business ideas. A strong focus is distribution and product fulfillment.

* Personal Success Characteristics. Learn some of the common pitfalls that home business entrepreneurs fall into. Learn about the importance of selecting a business suited to your personality.

* Naming Your Business. Learn how to choose and register an effective business name. Understand the role of trademarks in protecting your name. Selecting a web-domain name is also discussed.

* Zoning. Understand the concept of residential zoning and how it might affect your business. Learn about local business licensing.

* Insurance. Learn about the importance of health and disability insurance for a home-business owner. Learn how operating a home business might affect your homeowners' and car insurance.

* Limited Liability Companies and S Corporations. Learn how to reduce your risk and protect your personal financial assets through the establishment of a corporation or an LLC. Learn how forming an S-corporation can save you thousands of dollars in self-employment taxes.

* Business Expenses. Learn what expenses are justifiable tax deductions. Learn about the amortization of start-up costs and depreciation.

* Home-Based Business Taxes. The book introduces new sole proprietors to the most common tax forms they'll need. A worked tax example, using "Janet's Advertising Design" demonstrates IRS Schedule C, Schedule SE, and Estimated Tax Payments in detail.

* Basic financial management for the home entrepreneur. Operating a home business forces you to learn the basics of financial planning. As a home entrepreneur, your retirement is in your hands. Learn about the safest and best retirement planning moves today.

* Fifteen Basic Steps In Starting A Home-Based Business. A detailed list helps you check off milestones in getting your new company started.

* State-By-State Resources For Starting Your Business. A detailed guide is provided to help you learn about local and state business regulations, licensing, state taxation, and name registration.

Getting Rich In Your Underwear: How To Start And Run A Profitable Home-Based Business is primarily written for those just starting a home business.

http://www.bainvestor.com/Getting-Rich-Underwear-Home-Based-Business.html

[mollyL]

Well, I'm in a bit more than my underwear, it's a bit cold today...That advice about zoning is spot on. I don't think that zoning is thought about in the building of a business that doesn't have to do with alot of vehicles or the necessity to have a warehouse. Even if you do think of it and take it into account, especially in a small town, zoning can be changed and then you can be in dire trouble. A friend of ours had his own studio/music store in the same place for nearly twenty years, and all of a sudden he was given a few months to relocate. He had run his business out of his home (on rented land)and was appalled to find out what he would have to spend on a storefront. He wound up closing his business.

[Taggart]

I think the zoning point that you made is just one of the reasons that an online business can be more attractive than a more conventional bricks and mortar type of business.

Also, someone could probably relocate their residence without it affecting an online venture at all.