The Effective Home Business. Home-based businesses can be ideal if they are set up and maintained properly. The following are a set of tips to de-mystify the process of setting up a home business and running it smoothly. -Scheduling is a Must: Even though you are working at home, it is important that you establish a proper business schedule, by making a proper schedule and sticking to it you are showing others that you are serious about what you are doing. It also shows them that you can be reliable and dependable. -Set your work time:  Reduce distractions by keeping your office off-limits to your kids. Have set work hours…