But, hey! Pause for a moment and answer my questions: You have several personal reasons to take up home business, but are you jumping into this type of business because you are confronted with debts Are you facing increased pressure from creditors and because of that you are taking up home business as a knee jerk reaction Are you thinking of earning extra money quickly with little trouble to your family life

Thought: I can start earning from home working immediately

Fact: Unless you are working for yourself in a business that has customers with orders (and cash) you will not earn in the short term

Thought: I will work twice as hard as others who work from home and earn more money

Fact: Working twice as hard is a standard requirement of everyone who works from home

Thought: I will find a home working job that requires no up front costs from me

Fact: Setting up your own home working business does not need to be costly, but will have a degree of cost, and it is not only the less reputable home working employers that will want up front fees/costs

What do you understand by these three facts Simple. If you are planning to work with an intention to pay off your mounting debts, then it is better to search for a more reliable and practical work like a job in the supermarket

stacking shelves. This way youll get a steady income, which can be used to service your debts. Meaning, dont think of a home-based business.

However, if you are determined to work from home to pay off your debts, then you must have answers in advance to these questions:

• What work you have to do

• What you will earn

• When you will be paid and

• How you can earn more money

If you cannot provide satisfactory answers, then you should look elsewhere. Having debts, stress and a punishing home job are not expected of you or the rest of us.

When you have debts you are extremely vulnerable to 'get rich quick' opportunities. This is a natural human reaction. Also, you would like to believe all that you hear or see.

What you should be aware of is this saying: the bigger the opportunity, the bigger your loss will be.

So be cautious and dont rush into a home business to settle your debts. This objective view about home working should be taken seriously by all would-be home workers.

Simple rules to start your new business :

A key goal of this article is to show how you can start a home business with low investment. The following are the 10 rules that you have to follow to keep costs at a minimum.

Make a business plan: A business plan serves as a blueprint for your venture and is critical in controlling costs.

Dont pay rent: Never lease or rent an office to launch your home business. Use your spare bedroom or even a corner of your living room and save thousands of rupees every year.

Use your own money: Start your business with your savings. Never borrow money paying heavy interest and end up in deep debts.

Dont hire employees: Do as much as you can do yourself. If you need help, ask your family members to pitch in.

Sell what you know: If you can turn your hobby or interest into your business, theres nothing like it. You will succeed.

Maintain minimum inventory: Big inventory is useless until it is sold in the market. You cant afford to keep your money sitting on your shelves and doing nothing.

Cash only: Since your investments are low, always accept cash only in your transactions. Never give your inventory on credit. This will push you into debts.

Reinvest in business: The best way to grow in your business is to reinvest a portion of your profits into the business. This way you can avoid borrowing money for business expansion.

If you dont need it, dont buy it: When starting a low-budget business, never go overboard and indulge in wasteful expenditure on junk material like office furniture. You will only be blocking your capital investment on unwanted material. You can buy these materials when you are doing well in your business.

Now that you are all set to plunge into your home business, always remember this statement: Its Your Business, so Protect it from Negativism

This is a Positive Mental Attitude (PMA) business. If you allow negative thoughts to enter into your mind, it can be disastrous.

Like majority of the people, you may ask, What do you mean by negative. When words like cant, not, wont and no slip into your mind, you develop an attitude that tends to discourage everything that you wish to do. This turns into negativism that obstructs all new ideas.

Derogatory remarks about people, ideas or things are negative. Similarly, self pity and obsession with ones aliments are negative. If you allow this negativism to dominate your mind, then it can wreck your business.

If you take a survey of all the failed businesses, I am sure at least 80 % of them must have failed because of negative attitudes and thoughts. When a negative seed is planted in your mind by either your friend of a family member, then take it for granted the seed would germinate and grow only to shake the foundations of your confidence

You may not realise it:

Each new difficulty feeds the seed of doubt in you, until your confidence crumbles. Soon enough you get suspicious and become discontented and your successful venture take a tumble like Jack and Jill went up the hill and Jack had a great fall.

The best solution to avoid such negativism is to stop listening to such negative expressions of others as well as your own inner mind. Simply stay away from people who talk negatively and protect your business with Positive Mental Attitude.