MySpace is apparently on the verge of launch a site for music downloads, ringtone downloads and, most importantly, desktop wallpaper.

People will also be able to buy music merchandise and concert tickets from the new service. We’ve been hearing rumblings of this “amazing” MySpace music-download site for a while, but it looks like it’s finally coming to fruition.

No word yet on how much the music downloads will cost, but you can be sure that they’ll be more expensive than on filesharing networks.

Although we don’t like MySpace and its horrible profile pages, there have been some decent artists who broke into the mainstream thanks to the website. We adore Lily Allen so we’ll be keeping an eye on the new website.

Sony BMG, Universal and Warner are all on board with MySpace, so the choice of music downloads should be pretty decent. MySpace is yet to announce an official launch date for the service.

Buying good equipment is essential to any business. To a newly starting home business it is critical. While it might be tempting to limit the initial expenditure to the very minimum in order to save on outlay, it should be remembered that this is cost is an investment in your home business. A poor quality phone or computer can lead to many lost hours – and lost clients – that you simply cannot afford.

A good space from which to work is essential to your online home business. It is entirely possible to work from the kitchen table but you will find a private space – with a proper desk and a proper chair – will increase your productivity a great deal.

These initial investments will help your new home business more than they hurt your wallet. Think very carefully before spending any more, but think even more carefully if you are not intending to spend money: it may be a false economy.