According to the Small Business Administration, more than half of all businesses in the U.S. are home-based. Owners should receive advice and support in order to be profitable and surpass problems. The SBA and also other government agencies offer free home business advice, in the attempt to help increase success.Free Home Business Advice Picture
There is an online assessment tool provided by the SBA which help people figure out if they ready or not to start their own business. This free tool provides scored multiple-choice questions for users to answer. After completing the questions, each user receives a personal profile which helps him or her have a general idea whether they are prepared or not to be business owners. The SBA site also includes a free guide about things to do for running a home business.
Many work-at-home franchises are in fact deceiving businesses which only cheat investors, so high attention is recommended. These fake franchises and similar home business opportunities generally ask people to pay a fee in order to get some training materials to start a business. To prevent this, the SBA provides free online guidelines that help people evaluate a franchise before purchasing them. Federal agencies don`t offer business grants. Still, there are low-interest loan programs available, so the ones who wish to begin a home-based business can access these programs and get a start-up financing.
Small-business programs are included on a network of organizations established all around the United States. Here, people can receive free home business advice and counseling about how to start and manage this type of business. For example, Score is a nonprofit organization with more than 11,000 volunteer business counselors, while every state has an SBA district office specialized on home business advice.
Home business owners can deduct certain taxes and expenses as long as they meet the Internal Revenue Service (IRS) guidelines.