A home based business is a coveted opportunity that few of us really get to take advantage of. The lure of being able to work between household chores, children activities, and miscellaneous functions is often the driving force to starting a home based business. However, it is important to remember that the more time you spend on your non-work activities, the less time you spend on your business. Self discipline and the willingness to work hard are two necessary factors to starting a home business.

Starting a home based business is not without its challenges. The most asked question is "what can I do at home". Simply put, the answer lies within yourself. Ask yourself what it is you like to do. Do you think you will still enjoy doing this a few years down the road? Once you have decided on what you want to do, a bit of research is necessary. Each state has rules and regulations that must be followed for specific types of businesses. Starting a catering business, for example, may have a different set of guidelines for the state of Michigan than it does for the state of Florida.

Naming your business, choosing a business structure, and registering your business are typically the next steps to follow. A business plan is necessary for securing financing and insurance. Marketing and promoting your business is a never-ending task that is required to keep your business name in the foreground.

Now that you are well underway to achieving your desire of home businessship, try to remember your reasons for this venture. While there will be trials and tribulations, keep focused on the goals you have set for yourself.