2016-12-11 00:00:00OperationsEnglishMany successful businesses started as home-based businesses. Find out what home-based businesses are and what you need to consider before...https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/03/Male-home-based-business-owner-repairing-wood-furniture-near-tablet-and-tools.jpghttps://quickbooks.intuit.com/ca/resources/operations/home-based-business/Home-Based Business

Home-Based Business

0 min read

A home-based business is a business, regardless of its size, that operates from the owner’s home. Many successful businesses start as home businesses. For example, Steve Jobs started Apple Computer in his parents’ garage.

Depending on your business, you may need to check with your city officials to see if there are any zoning ordinances in your neighbourhood. For example, if many customers visit your home office, your neighbours may not appreciate the increased vehicular traffic or number of parked cars on your street.

To improve the professional image of your home business, you can install a phone line dedicated for business use. You can also direct your business mail to a postal box rather than your home address. If you have small children, you may need to arrange for day care during your office hours so you can focus on your work.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

How to Stay Compliant with the Canadian Revenue Agency

If you’re self-employed and have a home office, you pay expenses to…

Read more

Tax Tips for Small Business Owners Who Work From Home

If you work from home, the Canada Revenue Agency allows you to…

Read more

What Is a Capital Lease?

Running a small business as a freelancer inevitably brings about its share…

Read more