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Can we use windows 7 home edition for business ( incorporation )

Hello,

i just started my small business of web development.
i want to buy original copy of windows 7 for my systems.
but my budget is very low.
i can afford only windows 7 home edition.
is it legal to use home edition for business?

according to me there is no restriction by Microsoft.
because there is no edition of windows 7 whose named  "windows 7 business"  or they specified as business used.

there are only four editions

1) Windows 7 Home
2) Windows 7 Home Premium
3) Windows 7 Professional
4) Windows 7 Ultimate

what do you think about it?

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Fridolin Mansmann
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They are identified by intended use with each additional level adding a few features that address the needs of the audience.  If Home meets your needs, go for it.  If you need something from one of the higher level packages later, Microsoft allows you to upgrade for a fairly reasonable fee.
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You buy 1 license "windows 7 home edition" => this is a legal option to use if you are not using the same key on several machines
as the other posters said also, check the comparism chart with the features, the home edition have several (from my point quite essential) features missing
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you might be interested in signing up for website spark from Microsoft http://www.microsoft.com/web/websitespark/ and get some tools for a nominal fee of $100 after 3 years.  
I run into this all the time, smb's and non-profits go out and think they are saving a few bucks by purchasing these machines from the vendor and then they want to add them to a business domain.

I get trying to save a few $ but in the long run your not when it comes to business computing.  It is easier to purchase pro on the front end versus going through the documented;
1.  Security issues on an AD domain - driving your administrator up the wall.
2.  Authentication is non-existent so the administrator is going to be chasing down rogue workstations all the time.
3.  Print sharing, exchange, and many other features of joining a domain are not available - yes there are work arounds, but not recommended practice.
4.  The time it takes to implement the 'work-arounds' , setting up permissions on folders etc, you could have just purchased pro and been back to work making $

recommendation:  upgrade and stop listening to uncle ferd about saving $, if your a business you can write it off, and the productivity gained will pay for itself IMHO