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Advances in technology mean that many kinds of business can be run from home.

Starting a business from your home can have a number of benefits. These can include:

  • reduced costs
  • no need to travel to work
  • flexible working hours

If you're starting any kind of business there are things you should think about. If you're starting a business from home, there are some extra things you might need to consider:

Choosing a business structure

There are different structures you can choose for your business. Each will impact how you run your business and what organisations you may need to work with.

The different types of business structures are:

There's more information on business structures on the Business Gateway website.

You can change your business structures after you set it up.

Creating a business plan

A business plan can help you understand what you want your business to achieve and how.

You'll need a business plan if you want to get a loan from a bank or other investment.

It can also help you to get the support of customers, suppliers and potential employees.

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