Home businesses have been around, probably as long as humans have, but for a short time, they seemed to fade into the dusk of major corporations. Thanks to the internet, home businesses have made a strong return. Many people are curious whether or not it's truly possible to make money with the home based business opportunities that abound online. It is, but there are a few things that you absolutely must know, before you'll achieve success.

If your home-based business requires you to travel to meet with clients, inspect properties, or make purchases, be sure to document all the costs of your travel. Traveling expenses are 100% deductible, and your food while traveling is 50% deductible. Even tips can be considered a business expense, so make sure to get a receipt for everything, and make sure that receipt notates the final amount you actually paid.

My favorite additional revenue stream (and advertising technique) for a landscaper is a daily calendar. You put a note every day of what your customer should be doing, like watering, trimming bushes, cleaning the pool filter, or pulling weeds. It's seasonal so you can even tell them when they should cover plants to keep them safe in winter. What can YOU think up for your business?

When you are in the process of considering ideas for a work from home business, take real time to consider many options. You don't want to miss out on an excellent opportunity because you took the first one that came to mind. Brainstorm on different ideas and write out pros and cons of each.

Get used to saving receipts for everything. Every little expense related to your work from home business is deductible on your federal taxes, but you need to be able to prove it. In the event of an audit, you are going to need every scrap of paper related to any deductions that you claim.

Get a business p.o. box for all of your business correspondence. When operating a home business, this gives you another address to put on invoices and packages rather than your home address. Keep your personal details such as your home phone number and address private to protect yourself and your family.

Protect yourself from home business scams by doing extensive research on all opportunities and asking as many questions as possible. You can also check with the Better Business Bureau, which provides a plethora of free information about work from home business opportunities. Seek out other online business owners who have worked with the company and can provide firsthand experience and advice.

Create and follow a clear and concise business plan. Keeping a business plan from the start can keep you on track in reaching your work from home business goals, no matter what niche you may be following. Your business plan should be clear and with a direct focus that is easy to see through your many objectives.

We have the internet to thank, in a major way, for the return of the home business, but the internet has also been the source of new pitfalls. As long as you know how to recognize the scams and understand the unique requirements of a online business in the 21st century, your fortune awaits.

Author's Bio: 

For more info on how you can use internet marketing to reach thousands of potential prospects for your website, go to http://www.workhomeusa.com

Ramil Morla is a home based business owner, internet marketer and fitness specialist who passionately and ridiculously loves life. He loves to chill, have cool conversations, talk about dreams and aspirations, play music, lift weights, sprint on the treadmill, listen to motivational audio, and most importantly, spend quality time with the people that he loves most.