Ask Mr Mark - The Podcast

10 - 5 Tips for starting your home based business


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These are the 5 things you SHOULD do before starting your Home Based Business!

And I believe everyone should have some sort of home based business in order to have a secondary income in case your primary job goes away.  Something to help out the lean times or to have a passion.

 

1)      Get a “Doing Business As” DBA and an EIN or Tax identification number

 2)      Get a business bank account

 3)      Create a real office space in your home

 4)      Start to identify yourself as a Business Owner.

 5)      Do Something and fail.

 

If you treat your business as a businss, it will reward you as a business.  treat it as a hobby and it will reward you as a hobby.

 

 

 

 

* Get Your EIN Here

* Ernst & Young Tax Guide 2015

* Making a Living Without a Job

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Ask Mr Mark - The PodcastBy Mark Anthony