Home-Based Business Ideas You Didn’t Think Of

These home-based business ideas probably weren’t on your radar until now, but there are many opportunities for starting a business from your agen poker resmi.
With a home-based business, you have the benefit of working in the comfort of your home with minimal overhead costs.
Home-based businesses require discipline. You must consistently set time aside for your business on top of attending to your home.
To choose a home-based business idea, consider your skills and the necessary capital.
Starting a home-based business is a dream that many of us share. What could be better than earning a living from the comfort of your own home? The low overhead and flexibility of a home business can be very lucrative. In fact, more than half of all small businesses are based out of the owner’s home.

Perhaps you have your heart set on starting a home-based business but aren’t sure which kind to try. There are many common ideas that you hear of, but closed-mindedness can limit your options. Here are a few home business ideas that you may not have thought of.

1. Staffing agency
Some staffing firms provide temporary staffing, while others provide long-term help. Either way, the model is the same: They recruit workers on the behalf of other businesses. This may be due to a temporary employee shortage or a company’s desire to outsource their hiring.

You’ll only need a computer, a phone and insurance to start a staffing agency. Some permits or licenses may be necessary, depending on your locality. You can perform job interviews over the phone or at a public place such as a local coffee shop. It’s easy to see how you could run a business like this from home.

These are some common tasks involved in running a staffing startup:

Soliciting potential clients over the phone, by email or at their place of business
Recruiting and hiring new employees
Billing clients and processing payroll
Many staffing startups feel the pain of the heavy cash flow requirements. They must make payroll weekly, while clients are on net-30 or similar payment terms. Various financial products can solve this problem, though. You’ll have to run the numbers and determine which one makes sense for you. [To help you in your search, you can check out our reviews of the best online payroll services.]

2. Trucking business
That’s right, it’s possible to start a trucking business from your home. Both truckers and companies that ship freight rely on a third party, known as a freight broker.

A freight brokerage operates as a transportation company that doesn’t own any trucks. They contract with outside owner-operators and motor carriers instead. A shipper will pay their broker after a load is delivered. The broker then pays a lesser amount to the carrier they contracted with. The difference between the two is the freight broker’s commission.

If you get some customers to offer you their freight, you aren’t quite done yet. You’ll still have to find a suitable truck to haul the freight. Load boards are the preferred method, but they are usually expensive. Most brokers use one of the many free ones out there until their brokerage becomes profitable.

Business Tax Extensions Explained

Corporations and partnerships can use Form 7004 to get more time to file their Judi bola business tax returns.
The Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns application is commonly known as Form 7004.
Corporations and partnerships can complete Form 7004 to receive a six-month extension on filing their tax return.
Form 7004 only extends the due date of filing tax returns, not the due date of tax liability payment.
If your small business is filing as a partnership or corporation, you can request an extension by filing an Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns application, also known as Form 7004.

Although it is possible to extend the deadline for filing your business tax returns, there are a few guidelines you should be aware of. First, the extension only pertains to your tax return; you are still responsible for paying any business taxes you owe on or before your original tax return due date. Second, if you are unsure of what those tax numbers will be, you are still responsible for paying the estimated income tax amount. It is crucial that you estimate this number as accurately as possible, since underpaying can result in penalties from the IRS.

Can I get an extension on my business taxes?
Yes, corporations and partnerships can get an extension for filing their business tax returns; however, they cannot get an extension for paying their business tax liability. Daniel Henn, CPA and author of The No Holds Barred, Candid Talk About Small Business Success in Florida, said that late-payment penalties and interest rates begin to accrue from the original due date. If you need an extension to file your business tax return, file Form 7004 as soon as possible.

It is often advised that you work with a certified professional to file tax documents for your business. “If you use a professional for the filing of your business returns and related extensions, verify that the extension was filed and request proof,” Henn told business.com. “This is one area that is very difficult to prove reliance on a tax professional to get penalties removed.”

Turn Your Genealogy Hobby Into a Side Business

A genealogy business is not for everyone, especially if you’re hoping for a lucrative income stream. “Only a very tiny percentage of us actually support ourselves full time on genealogy,” said Barbara J. Ball, CG (Certified Genealogist) of Copestone Resources LLC Situs judi online.

But it is a relatively simple business to start. You don’t need official certification to call yourself a genealogist. It helps, though, if you already have some of the attributes needed to be successful in the field.

In an article for the Association of Professional Genealogists Quarterly entitled “Transferable Skills: You’re Quitting Your Job to Do What?!”, author and professional genealogist Pam Anderson identified these five skills as key attributes that successful genealogists and business owners have:

Self-starter
Goal-oriented
Analytical
Effective communicator
Client-centered
If this describes you, you’re off to a good start.

Depending on your level of experience, you may want to gather additional expertise before you start. The National Genealogical Society offers American Genealogy Studies as an online course developed by certified genealogists. The course is self-paced.

Boston University offers a Professional Education Certificate in Genealogical Research online. These classes are only available at specific times.

Genealogists we spoke to also recommended the ProGen Study Program, which is based on the textbook Professional Genealogy. This program covers both the practice of genealogy and the practical aspects of running a genealogy business.

A good next step is defining your business.

Craft your mission statement
Define what you will do for people in a few interesting words. This can be the guiding star of your business. It will help you stay focused on the problem you want to solve without defining how you’ll solve it.

Here are some examples for a genealogy business:

I help people of Panamanian descent find out more about their ancestors.
I rediscover the past for people who want to understand their history.
I solve historical mysteries for people who hit genealogical dead ends.