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60-Second Commute: A Guide to Your 24/7 Home Office Life, The by Ph.D. Kathy Levinson,, Erica Orloff

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Chapter 7. Get the Ball Rolling: Business and Budget Plans

It is exciting to realize that the dream in your head could really come true—starting your very own company. If this is where you are at this moment then it is time to take the next step. The next step is to make yourself “legit” by deciding on your legal structure and constructing a business plan.

If you are serious about starting a home-based business, no matter how small or simple, you will want to set it up correctly from the beginning. Playing catch-up later on will cost you time, money, or even your business. Putting your business together with a well-thought-out plan can make the difference between success and failure.

The business plan is where you break your idea down into its important ...

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