The National Federation of Independent Businesses notes that its Index of Small Business Optimism has improved by 2.7 points in October but still remains in recession territory. And the Thomson/Reuters Paynet Index confirmed that small business loans have jumped in the past month.
In the meantime, if you are starting (or already have) a small home-based business, don’t forget the the tax deductions you’re allowed – including the cost of telephone calls. They may not seem like much and the do require keeping good records, but when you’re starting out, basic tax deductions free up your cash flow to invest in your business.
If you’re thinking about starting a small business but still have some lingering questions, you might want to look at this Q&A to help you as you take that first step to entrepreneurship. And, oh, yes, if you do take that step, use our Small Business Solutions Recommender to evaluate your communications needs.
