Give Yourself Some Space Before you set up your home office, make sure it's the best spot to serve all your needs.

For homebased entrepreneurs, the executive suite can be anythingfrom a fully equipped office to a card table in the corner of thebedroom. And with more than 18.3 million homebased business ownersin the United States, home offices come in all sizes--and suit allbudgets.

Flexibility is the key to every good home office. Not only istechnology changing every day, but your needs will continue toevolve as your business grows. Before you stake your claim in homeoffice territory, ask yourself these questions to help determinewhat you need:

• Does the space have the electrical outlets and phone jacks youneed, and are they conveniently located? If possible, haveadditional wiring or phone lines installed before you move in soyou're prepared for future needs.