Start Your Own Home Business ...In No Time

Summary

Any business can fall prey to expensive mistakes if the business owner doesn't plan to avoid them.

You can begin this planning process by having a fully fleshed out forecast in mind, so you know how much money you hope to make and whether you can take on additional work, how much work you can take on, and whether other commitments might conflict with it.

As you learned in this chapter, you next need to ensure that you avoid taking on business that can cause you financial, legal, and administrative headaches down the road. Here, you learned to carefully define and protect your status as an independent contractor and to avoid taking on clients who might want to treat you as W-2 workers, or who might be rude, difficult to manage, and reluctant ...