Thursday, February 13, 2014
On the Business Path: Internet Business-10
So if you are willing to start with other manufacturers’ products you need to set up the internet business in some part of your house. You must dedicate a certain part so that it is exclusively for a business purpose and nothing else get done there. It is because in the U.S. you can claim tax deduction for the portion of the house you have dedicated for a business (other countries and jurisdictions may or may not have similar laws and you should check it with them to avail maximum benefit for a tax deduction). Needless to say, but you will need a computer, printer and software with a desk to manage your business. There are many computers out there that can easily handle daily business task and you don’t have to go overboard with getting the most expensive one. The printer should be all in one with scanning, printing, copying and faxing capabilities and you can find it in any office or electronic store or online. If your office is small, you can only put so much stuff but if you have a regular bedroom size office then you can put your products right in there, otherwise you will either have to use your garage or your basement as a storage space. And I would suggest that you should keep your ready to ship products and other surplus items of your office in the basement so as not to clutter your office and have a hindrance free environment there. Another thing is that your office should not a drive thru and you should keep your kids and other household distractions away from it as it can take away precious time from your business.