Having a home based business
offers lots of inherent advantages
and benefits.
Owners of home businesses enjoy exclusive
added values in various aspects of their
business and their daily lives.
This short article provides a
glimpse into their world!
While starting a “traditional” business involves major financial investments
and high risks, opening a home-based one requires very little start up money and
therefore the risk is much lower and easier to endure.
In most cases, home businesses don't need having a large (or any) inventory,
large storage space, logistics areas or to pay extra rent for the business.
As an owner, you're the big boss and you alone make all of the business
decisions and you don't need to get the approval of anybody above you, in order
to move forward with a decision or a great idea.
You can also enjoy some great tax advantages, since you can report some of your
ordinary home expenses, as business ones and get some refunds and deductions.
Successful home business owners can do very well in financial terms and in
many cases they make much more money than what they made in their “previous
lives,” as ordinary employees.
Since businesses that are operated from home have far fewer expenses than
standard ones, lots of them enjoy extremely high profit margins and their net
income can be very high.
People who work from their home, enjoy considerable lifestyle advantages.
The flexibility of choosing your own working hours and leisure time is a major
obvious plus as nothing beats setting your own schedule.
The work itself is also known to be in a more relaxed homey atmosphere, with far
less pressure and stress, compared to the very tense corporate alternative.
When you wake up in the morning (whenever it is) and get out of bed, you're
already automatically at the “office.”
There's no need to quickly dress up, commute, get stuck in horrible traffic jams
or be late for work.
However, above all, lots of home entrepreneurs will tell you that the concepts
of personal independence and financial freedom are the ones that are most
appealing to them.