Barbara Weltman’s Books

Other books by Barbara Weltman:

The Complete Idiot’s Guide to Starting a Home-Based Business Second Edition

"The Complete Idiot’s Guide to Starting a Home-Based Business will answer questions you probably haven’t even thought about...open the door to opportunity right now by reading and frequently referring to the information in this book" -- Beverly Williams President and Founder of the American Association of Home-Based Businesses

If you’re sitting on a great idea for a new business, or you’re concerned about getting laid off from your job, or you have some extra time you’d like to use to earn some extra money, then starting a home-based business may be just the ticket for you. More than 27 million Americans already work from home and it’s expected that the number of home-based businesses will explode in the coming years. Here’s what a home-based business can offer you:

Cost savings.

Since you’re already paying rent (or the mortgage), you can use your home as a nest to hatch a new business. The money you don’t have to spend on renting office space means less start-up capital you’ll need to raise.

Short commute.

The time and money you don’t spend on commuting you can put into your new business.

Flexibility.

Maybe you have child (or parent) care responsibilities or you’re involved with community activities or you have a time-consuming passion (like long-distance running). By working from home, you have the utmost flexibility to conduct your business and have time for other things.

Testing ground.

If you’re not completely sure that you’ll succeed, you can keep your day job and begin your business from home as a sideline. Once your new venture is a money-maker, you can then turn to it full-time.

Take your personal inventory.

Take the following inventory of your personal traits and abilities. Be honest with yourself, the more statements you agree with, the better your shot at entrepreneurial success:

I want to be my own boss Agree Disagree Not Sure
I can readily make decisions Agree Disagree Not Sure
I can take responsibility Agree Disagree Not Sure
I can plan ahead Agree Disagree Not Sure
I’m a leader Agree Disagree Not Sure
I like competition Agree Disagree Not Sure
I’m organized Agree Disagree Not Sure
I’m a hard worker Agree Disagree Not Sure
I’m phsyically able to work long hours Agree Disagree Not Sure
I can handle stress Agree Disagree Not Sure
I’m prepared to make financial sacrifices Agree Disagree Not Sure
I have the know-how to run a business Agree Disagree Not Sure
I’m a fast learner Agree Disagree Not Sure
I have the education to run a business Agree Disagree Not Sure
I know how to sell my product or service Agree Disagree Not Sure
I’m a good communicator Agree Disagree Not Sure
I work well with people Agree Disagree Not Sure
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