The invention of the steam engine two centuries ago and the subsequent harnessing of electricity for communications ushered in an industrial revolution that fundamentally altered the way we work, brought the world’s people closer together in time and space, changed the way we organize our economies, and brought us greater prosperity. Today, we are on the verge of another revolution. Inventions like the integrated circuit, the computer, fiber optic cable, and the Internet are changing the way we work, learn, and communicate with each other.
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Many of the same federal and state laws apply for both home-based businesses as well as other businesses. However, there are several special considerations for home-based businesses that you should be aware of. Continue reading »
Zoning Regulations.
It is important to research your city’s zoning regulations. Certain areas within your city may have zoning restrictions which prohibit a small business owner from operating out of his or her home. If you violate these restrictions, you could be fined, shut down, or both.
What sort of services or products might your clients desire that you do not offer, or do not do well? That question will determine the direction of any alliances you might form, as you consider what sort of businesses you could logically align with. An alliance should allow you to concentrate on what you do best, and bring added value to your customers through the services or products of your partner.
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