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Robert Spiegel - Complete Guide to Home Business

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One comprehensive source for the 40 million people who run businesses from their homes. If youre starting or running a home business, theres one thing you need: practical information at your fingertips! This book is a life-saver--an all-in-one, quick-answer guide to all the issues, big and small, that homepreneurs deal with every day. Robert Spiegel takes readers by the hand and leads them through every stage of business from initial idea to maturity to selling: * Choosing the business--build it or buy it; franchising; multilevel marketing; evaluating your strengths and skills * Starting up--the business plan; licenses, permits, zoning; taxes and insurance; equipment and furnishings; financing; governmental resources; outsourcing; managing your time * Marketing--publicity; advertising; direct marketing; sales * Controlling growth--trouble signs; finding mentors; building credibility and stability; expanding or staying put * Planning your exit--should you sell, and when; leaving the business to heirs; planning for the unexpected.

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title The Complete Guide to Home Business author Spiegel Robert - photo 1

title:The Complete Guide to Home Business
author:Spiegel, Robert.
publisher:AMACOM Books
isbn10 | asin:0814470432
print isbn13:9780814470435
ebook isbn13:9780814424049
language:English
subjectHome-based businesses--Management, New business enterprises--Management.
publication date:2000
lcc:HD62.38.S67 2000eb
ddc:658/.041
subject:Home-based businesses--Management, New business enterprises--Management.
Page iii
The Complete Guide to Home Business
Robert Spiegel
Page iv Special discounts on bulk quantities of AMACOM books are - photo 2
Page iv
Special discounts on bulk quantities of AMACOM books are
available to corporations, professional associations, and other
organizations. For details, contact Special Sales Department,
AMACOM, an imprint of AMA Publications, a division of
American Management Association,
1601 Broadway, New York, NY 10019.
Tel.: 212-903-8316 Fax: 212-903-8083

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other; expert assistance is required, the services of a competent professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Spiegel, Robert, 1950
The complete guide to home business/Robert Spiegel.
p. cm.
Includes bibliographical references and index.
ISBN 0-8144-7043-2
1. Home-based businessesManagement. 2. New business
enterprisesManagement. I. Title.
HD62.38.S67 1999
658'.041dc21 99-43414
CIP
2000 Robert Spiegel.
All rights reserved.
Printed in the United States of America.
This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, an imprint of AMA Publications, a division of American Management Association, 1601 Broadway, New York, NY 10019.
Printing number
10 9 8 7 6 5 4 3 2 1
Page v
To
Dave Bedini,
my home-business musician friend,
for choosing the right wines and keeping me honest.
Page vii
CONTENTS
Preface
xi
Acknowledgments
xiii
Introduction
xv
Part I
Choosing a Home Business
1
1. Home-Business Possibilities and an Aptitude Test
3
2. Why Are You Choosing Your Home?
12
3. Should You Build a Business or Buy a Business?
18
4. How to Choose a Home-Business Franchise
24
5. The Multilevel Marketing World
32
6. Choose a Business That Draws on Your Strengths
38
7. What's Working in Home Business and What's Not?
45
Part II
Planning Your Start-UpThe Necessary Stuff
51
8. What Is Your Business GoalEquity or Income?
53
9. You May Be At Home, But You're Still a Business
61
10. Your Formal Business PlanIts Many Benefits
67

Page viii
11. Licenses, Permits, and ZoningGetting Permission
81
12. Taxes and LegalitiesGetting Legit
87
13. InsuranceThe Nonproductive but Necessary Expense
93
Part III
Your Very Own Business Space
99
14. Family and FriendsWhose Space or Schedule Is This, Anyway?
101
15. Humble Space, Magnificent Communications
111
Part IV
Funding and Cash Management
121
16. FinancingFunding Your First Step
125
17. Government ResourcesChecking Big Brother's Purse
133
18. Financial ManagementAn Eye on the Bottom Line
138
19. OutsourcingYour Outside Staff
145
Part V
MarketingYour Driving Force
153
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