Rate yourself in these categories on a scale of 1 to 10 (with 10 the highest). If you average a high number, the entrepreneurial path may be ideal for you. Conversely, if you get a one, two or three, you …

Figuring out the rights and wrongs of deducting home office expenses. In order to be able to deduct expenses related to the business use of your home, the Internal Revenue Service recommends using the following guidelines: You must regularly use the …

There are a number of steps in constructing histograms for business management presentations. The first step is to learn the facts. Be as knowledgeable as possible about every aspect of the data you’re concerned with and the situation you wish …

Every business does its best to minimize variation in its products and services by taking careful stock of what’s produced and looking for trends. But presenting these measurements as statistics doesn’t reveal business operations as effectively as the graphical representation …

Telecommuting essentially means that an employee is connected to the office via electronic equipment – computer, fax machine, video conferencing, modem, etc. The employee can work either from home or an outside office some or all of the time. There are …

A bed and breakfast inn may seem like the ideal way to ditch your nine-to-five routine and become your own boss. But a B&B is more than a home-based business – the home is the business. Do you have what …

Securing sufficient funds for your new business is vital to its long-term success. While most lenders expect you to put up some of your own money, you’ll need to secure substantial funding from other sources. Here are three sources of …

Knowing the laws about contracts can save you future hassles and misunderstandings. While there are laws that uphold verbal agreements, proving what was said can be difficult. Committing terms to paper can help avert problems. Here are some contract guidelines.

Capitalize on your most valuable customers by implementing customer-relationship management applications. Identifying customer patterns will help you predict future buying behavior based on past purchases, as well as direct your marketing efforts.