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When starting a home based business, it is very important to separate your business from your home. Since you are at home, you may feel like a casual attitude toward the business is good enough, but it really isn’t. A professional, business attitude will reflect positively on you and your business.

It is important to have a dedicated space for your home based business. Ideally, a separate room, away from the family and any distractions is ideal. If you can’t spare an entire room for the business, try to find a way to separate the business part of the room from the rest of the room. Utilizing a room divider is a good option.

If your home based business will involve clients or customers coming into your home, check out insurance policies. It’s imperative to be protected in case of an accident. Also, a separate entrance to your business would be ideal.

Having all things business-related separate from your personal life is important. This means opening a separate checking and savings account for your business. Apply for a separate credit card, if you plan on using one. Invest in a separate phone line. These will also help when you have to deal with your taxes and the IRS.

Precise record keeping is one of the most important parts of running a home based business. To keep accurate accounts, try a software program such as Quickbooks. Document everything that you do and save copies of all invoices, receipts, check stubs, etc. Keep a log of your vehicle usage as it pertains to your business. Once again, keep all business paperwork away from your personal paperwork.

You also need to separate your physical self from your home and personal life while running your business. Decide what hours you will be spending working at your business and don’t let yourself be sidetracked. This is work time, not housework time. Teach your family to stay away from you while you are working. It is also important to remember that your new business isn’t a twenty-four hour a day gig. Make sure to set aside time for your family as well.

As you can see from the above, the most important thing to do when having a home based business is to learn how to separate it from your personal life. Starting out with the correct attitude will save you strife in the long run.

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Q: Keeping Your Home Based Business Separate From Home?
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