Reality Bites – Make Sure You Understand Your Tax Obligations

There is an old saying that goes “There are only two things that are certain in life, and those are death and taxes.” I wonder if there is actually such a thing as death by taxes. Last night, I was working on my tax return and nearly had a heart attack. It seems as though I have misunderstood a very important principle regarding income taxes and self employment tax. They are not the same thing, you know. While I do know a lot about owning and operating a home – based business, I will be the first to admit that … Continue reading

Are You Qualified to Run a Home – Based Business – Part 2

If you enjoyed yesterday’s post about how to determine whether you are qualified to run a home – based business, you may want to continue doing the rest of this thought provoking exercise because listing your previous work experience was just one step in the direction of learning about what kind of home – based business you are qualified to run. Oops, I may have just let the cat out of the bag – we were talking about whether you are qualified to run a home – based business, and the exciting truth of the matter is that many people … Continue reading

The Trouble With Optimism

Optimism is a wonderful quality for a home – based professional to have. It can help you to stay motivated and to have faith in yourself that you are doing the right thing, and that any setbacks that you encounter are temporary. However, sometimes optimism can get you into tough situations rather than out of them. Since I tend to be a little overly optimistic from time to time, I thought that it may be useful to remind myself and any other overly optimistic folks out there of the times when being optimistic can be a little problematic. One potential … Continue reading

Home Based Business Idea – Sell Used Books Online

Do you love to read? Have you thought about turning your passion for books into a home – based used book sales business? If not, you may want to consider this relatively simple and inexpensive home – based business option. Books, both new and used, are a frequently purchased item. Even with the popularity of e-readers like the Amazon Kindle and the Barnes and Noble Nook, books do not seem to be going the way of the dinosaurs any time soon. There is an endless variety of books out there, and people are always looking for something new to read … Continue reading