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Business on the home front.


Q I am a 35-year-old African American African American Multiculture A person having origins in any of the black racial groups of Africa. See Race.  female interested in starting a home-based business. I don't have a lot of capital to start with, but I do have office and [computer] equipment. My interest are music and books, so I'd like to concentrate on this field. Your guidance would be appreciated.

--R. Bell Powhatan, Virginia Powhatan is the county seat of Powhatan County, Virginia, United States. Powhatan was initially as Scottville (after Revolutionary war hero General Charles Scott) for a brief time, and historically has also been known Powhatan Court House and Powhatan Courthouse  

A You've already made a commendable decision in aspiring to become an entrepreneur and having control of your economic future. But understand that such an undertaking requires discipline and often self-sacrifice in the way of family and time.

The fact that you are aware of your interests and want to conduct business in that realm is a plus. However, according to Rudy Lewis, president of the National Association of Home Based Business (NAHBB NAHBB National Association of Home Based Businesses ) (www.usahomebusiness.com), you must go even further in determining and focusing on the actual business within those interests that you wish to set up.

Defining your goals and how you are going to achieve them is crucial. "The financial aspect of any business must be understood and acknowledged up front," says Lewis.

The NAHBB offers a courtesy interview courtesy interview Graduate education An intervew of a 4th-yr medical student who has completed an audition rotation at, but is not affiliated with, a hospital or institution. See the Match.  to entrepreneurs and makes recommendations based on the information provided. SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent.  (Small Office Home Office) (www.soho.org) and the American Association of HomeBased Businesses (www.aahbb.org) are additional organizations dedicated to guiding you and providing links to valuable resources designed to support the self-employed and home-based entrepreneur.

--Paula McCoy-Pinderhughes

Mail your small business questions to: Savvy Solutions, BLACK ENTERPRISE, 130 Fifth Ave., 10th Floor, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10011, or send an e-mail to pinderhughesp@blackenterprise.com.
COPYRIGHT 2001 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:planning a home-based business
Author:McCoy-Pinderhughes, Paula
Publication:Black Enterprise
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2001
Words:265
Previous Article:Who should I turn to?
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