Home-based businesses are quickly becoming the fastest growing form of business start-ups in America. In fact, over half of the 600,000 new businesses founded each year are grown out of someone's home office of basement.

A lessor is an individual or organisation that leases or rents property to a lessee (tenant). The lessor owns the property and grants the lessee the right to use it in exchange for rent payments. This term is commonly used in real estate, vehicles, and equipment leasing agreements.