starting a business from home in 2021

Starting a business from home in 2021? Here are some fundamental steps that will put you on the right track for a good start:Find your business idea: it has to be something you have the experience and/or skills for, that there’s a demand for in the market, and that can be done from your home.Create your business plan: decide your marketing strategy and calculate how much money you need to begin, your monthly expenses, and how much time you need to break even.Set up your legal structure: commonly small businesses are set up as sole proprietorships or LLCs, but depending on your business, other forms could be more suitable.Get your basics in order: even if your work will be done from home, you’ll still need a business bank account, a license to operate (depending on your field) and business insurance.Create your workspace: it can be a home office in a spare room or a corner of your bedroom, a workshop in your garage, or your back yard. Get to work!If you enjoyed this video, like, comment, share and follow us for more tips and tricks on all things insurance and money management!