Owning a small home business in this economy can really be to your advantage. This is especially right if you already have a basic business background and are thinking about going into an endeavor that is just an extension of your existing skill set. But, one of the largest issues that many people face when starting their own small home business is the thought of working on the business versus in the business. As an owner you should know that you will be wearing several hats when you start. You will need to make sure you have at the very least a Marketing function, Advertising function, Accounts payable and Accounts receivables. This is over and beyond the technical skills you will need to really perform the services or make the products for your main business activity. If you don’t know some of the business functions mentioned then you should take time to learn how these will come into play in your business and in it’s everyday operational activities. That is a main reason for making an operational business plot and then running it by someone that has the necessary business acumen to make sure you are performing all of the business specific activities that will ensure your continued success.