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Things to Know before Starting a Home-based Business
By siliconindia
The Government Policies
Certain states have restriction to certain kind of businesses or products. It would be intelligent to know this before you start planning your idea on the paper, or else all will go in vain. If you want to start a manufacturing unit, figure out whether the raw materials used in the production the product is legal in the state or not. Even know the market and the regulations to enter the market with your products. What percent of tax do you need to pay for a specific product in different states? Even there are different policies for home-based business and the business started in commercial sites even in the same city.
