TIP! Your business and your home should have separate phone lines. This helps avoid you answering the phone unprofessionally and helps customers see it as a business.

Think about what your life would be like if you worked for the man instead of yourself. Some people live solely off their home based business, while others use it to supplement their income. Read on to learn how to maximize the money you make from your business and learn some things to avoid.

TIP! Going above and beyond what is expected will show your customers that you care. Try to do something more for you customer by including a thank you note or a small extra item in their package.

If your home business enterprise requires entertaining clients, such as taking them out to lunch, deduct these expenses from your taxable earnings. Such meetings would be considered legitimate business expenses. When doing this however, make sure to only do so with business associates or customers, because taking your kids to lunch and claiming a business deduction is not smiled upon by the IRS.

TIP! Know how much cost goes into the products you are selling in order to be able to determine profits. Wholesale prices are usually double the cost of production.

Take breaks during your working hours, but do not do anything too personal that could take you away for too long. For instance, don’t begin a big home improvement project or start a long phone call. Take active breaks to refresh your body and mind, for example a bit of exercise or work in your garden.

TIP! Dress for work, as if your customers will see you. When you work out of a home office, you may feel like wearing your jammies.

If you are out of stock in a particular item, be sure to let your clients know about it. It’s very upsetting to order an item and then find out that the shipment will take weeks or longer. Be up front about items that aren’t in stock, so that customers can choose a different product and save the wait time.

TIP! Your business’ name must have personal meaning. Buy a domain name for your business, even if you haven’t planned the site out.

Minimize family interruptions during your home work hours. When you are interrupted while working, you will be less productive. Make everyone aware when you are working and when you will be done. Let them know that privacy is key if you are to finish on time. Also, you will need to have someone babysit your children during working hours.

TIP! Track all of your expenses to save money. This includes car mileage related to your business and internet service.

In summary, having a online business is a big accomplishment. Making sure that it thrives will make you feel great and give you confidence. With any luck, this advice can help you get more from a home business enterprise in the future.