ENTR10
Module 10: Home-based Businesses (Optional)
Outcome
Analyze the steps for starting a home-based business within the community.
Indicators
(a) Define home-based business.
(b) Discuss reasons why individuals start home-based businesses.
(c) Research the prevalence and types of home-based businesses within the community.
(d) Examine the advantages (e.g., tax deductions, low overhead and location) and disadvantages (e.g., limited space in the home, issues with neighbours and difficulty separating work from family life) of operating a home-based business.
(e) Research factors (e.g., zoning, liability, legal and insurance) that should be considered when establishing a home-based business.
(f) Outline the steps for establishing a home-based business within the community.
(g) Identify direct sales companies (e.g., skin care, health and wellness, home cleaning products and make-up) that may represent potential home-based business opportunities.
(h) Reflect on personal interests, hobbies and skills that could potentially lead to the development of a home-based business.
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