Starting a business from home. Legal, tax and financial conerns

It is easy for just about anyone to start a business from home. Whether people have left an office job because of downsizing or retirement, or have chosen to star a sideline activity for extra income, working from home reduces startup costs and may provide personal benefits (e.g., managing child care). 

Technology enables an entrepreneur working in a home office to connect with customers, clients, and other business associates around the world. 

The Small Business Association's Office of Advocacy reported in March 2014 that 52% of all business in the United States are home based. The ease of starting a home business does not, however, detract from the various legal, tax, and financial concerns that must be addressed.


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