FEBRUARY 24 - ARCH 2, 1986 THE CITIZEN
BUSI
E S I TH BLAC
I ot ergers
al usiness
d'o uvres
o
and
or
ByCh
E. Bell , B .
1986 in pite of general gree­
ment that interest rate and
inflation will trend downward
for mo t of thi year.
Conservative economists, like
Dr. alter E. Hoadley, former
Bank of America chief econo­
mist, speaking before the pre­
stigious Commonwealth Club
of California, claimed "the U.S.
economy will continue on a
growth latueau in 1986:' Then
again, he w at the helm of the
big bank before all the bad
news wa let out of that bag!
Dr. Hoadley hold th t the
greatest problem for this coun­
try is "divisiveness.' Deliver­
ing his speech in almost
evangelical fashion, he called
for American to pull together.
Protestors should stop protest­
ing so much, couples should
stay together. Prote tors should
top protesting much, cou-
ples should stay marne more,
the uneducated should get more
education, enior citizens should
op taking too much cial
curity p y, and immigration
mu t be dealt with swiftly. I
id he a con rvative.
Con . dering he i a mere
economist at a very con rva­
tive think thank like the Hoo er
Institute, it is not- urprising
hi cure for the country' ills
cut only the disenfranchi d.
But a benchmark of the
direction of our present con-
rvative government you have
now been warned bout the
direction of an ill wind.
Dr. Ho dley has plenty of
company when it comes to
predicting. the unemployment
rate for thi year. It will basi­
cally be bad as t year
if not wor for Black Ameri­
can. Agreed. A bit of news
Dr. Ho dley' call for the
promotion of younger people
in their 30s and 40s in govern­
ment and busine which was
obviously taken from ape
in the U.s.S.R. ikhail Gor­
bachev books of current youth-
, ful promotions in Russia. ow
if only we can get Dr. Hoadley
to re d the full employment
part of Gorbachev's program.
By James athan
11
on ytal
tarting a home-bas
By Jam .than
Milton Hershey,' founder of
the chocolate candy empire,
started his climb to success
by mixing b tches of candy
in hi Lanchaster, Penn ylvania
home.
Hugh Hefner put together
the first issues of Playboy
agazine on his kitchen table.
Starting a busine from your
home allows you to test your
busine idea with a minimum
of risk and expense.
The best type of busine
to I unch from your home is
one b ed on ills, knowledge
and experti you already have.
In iddition, it is best th t a
home-based busine be one
which does not require frequent
visits by your customers. It is
best when you are able to
deliver or mail your product
to the customer when oper ting
a busine s our of your home.
The Censu Bureau estimates
that over 2 million Americans
oper te income-producing busi­
nesse from their home. The
electronic revolution and the
computer ge are expected to
push t number to 15 million
over the next fe years.
Further, any room or area
of your home or apartment
which to set side for your
busine can also result in
tremendous tax· advantages.
For example, portions of your
rent or mortg ge, utility bills
and telephone expenses could
immediately qualify as busine s
tax deducation .
The following sources of in­
formation may prove very help­
ful if you are interested in
•
•
tarting a small part-time or
full time busine s in your home:
-The o. 1 Home Business
Book (Liberty Publishing Com­
pany, 50 Scott Adam Road,
Cock ysville, aryland 21030 -
4.95).
-Women orking Home:
The Homeba ed Business Guide
And Directory (WWH Press,
P.O. Box 237, orwood, e
Jer y, 07648 - Slt.OO).
If you desire to test a busi­
ness idea, first determine if
I
th t busine can be operated
from your home without caus­
ing any major personal dis­
ruptions and within the guide­
line of local ordinances. If
it meets both of these criteri ,
give the idea a try. Sue ss
seldom comes overnight. So
be prepared to stick with your
idea for a while before it tarts
to produce signific nt financial
results.
As far as motiv tion and
inspiration is concerned, plea e
remember this: the overwhelm­
ing majority of jobs in America
do not and cannot provide
enough p y to gu rantee a
person financial security. An
income producing business i
one of the most' sure ways of
providing financial succe . In
ddition, bu ine of your
own is the ultimate tax shelter.
Combine a good ide with
hard-intelligent work and ade­
quate start-up fund and you
ju t might find your If on
the way to more financially
cure life as your own bo .
There are a ho t of part-
time businesses hich can be
started from your home.
d busi e
limited pace doe not permit
me to detail them all. How­
ever, for additional information
on START G A HO E­
BASED BUSINESS you can
write La - Tay Communications,
P.O. Box 54041, Washington,
DC 20032. Include S1.00·
to cover mailing costs.
Lite Beer
Helps Fight
Cerebral .Palsy
MILWAUKEE - For the
third consecutive year Lite
beer will engage in a nationwide
fundraising effort on behalf of
the United Cerebral Palsy Foun­
dation.
Lite s total donation - at a
rate of five cents per ca e -
will fund research and also pro­
vide support for UCP activities
at the national and local level.