Why Should You Start a Home-Based Business?
Basically, a home-based business gives people with limited funds
and resources a chance to create a successful company, without the high costs
of a traditional brick and mortar business.
Here is a list of the top benefits of a home based
business:
1. Less Risk
What if I don’t get any customers? What if I chose the wrong place
(to establish my office at)? What if I don’t earn enough to pay the bills?
These are just some of the pressing concerns people who want to start a
business have. A home-based business reduces those risks by minimizing costs
and allowing quicker exits.
2. Greater Opportunities
Opportunities are endless for home-based business owners. How and
why?
- You can work on an inherent passion you might have (e.g., crafts, cooking, or writing like this).
- You can learn more specialized knowledge in different niches through books and the internet.
- You can effortlessly test product ideas and marketing strategies at minimal costs.
- You can offer your products and services to a bigger community through social media (e.g., Facebook, Pinterest, YouTube, etc.) and your own network of family and friends.
3. Control
You are your own boss. You can choose what kind of projects to
take on, who to work with, and how much you get paid for a certain number of
product or length of service. You can expand or downsize your company when
needed without affecting other people, and you’re the only one you need to
answer to when discussing problems, crafting ideas, and testing
campaigns.
4. Flexibility
Aside from getting control, a great benefit of home-based business
is the flexibility it offers. Not only can you choose when to work but you can
also decide where to work. You don’t need to confine yourself in an office
cubicle; you can be on a cruise, by the beach, or in a plane and still be able
to work on the projects you took.
5. Cost Savings
There are a ton of TAX savings that you can get from running a
home-based business that I probably can’t list them all here. Nonetheless, here
are a few of them:
- Utility bills (electricity, water, phone, internet)
- Mortgage duductuions
- Travel expences
- Office equipment (PC, printer, desks)
Starting a business can be
tough, but with a home-based business, the process becomes simpler, the risks
fewer, and the expenses lower.
You
get to keep the money you make. It’s a simple principle: the harder you work, the more
money you can make. Your earning potential is directly proportional to your
performance, so you don’t have to wait for a raise or a promotion. You work
harder, and you produce more. You’ll also save money on gas and food. Preparing
lunch at home is more cost efficient and offers a nice break in your workday.
- Increased opportunity. With so many corporations and industries in a slump, starting your own home-based enterprise means you can create your own income-producing opportunities. Good job prospects can be scarce in some industries, and promotional opportunities within major companies are also shrinking.
- Less risk. Running a business from home takes much less startup cash than a freestanding business, or even a franchise location. And once your business is up and running, it’s cheaper and easier to maintain than a separate business location.
- Tax advantages. As stated before there are a number of tax advantages to having your home and office under one roof that normal workers just do not have access to. You can deduct a part of your home’s operating and depreciation expenses on your home as business expenses. This can be a percentage of your mortgage, property taxes, insurance, utilities, and/or the expenses of household maintenance.
- More time for friends and family. This is especially important for parents of school-age children: you can see the kids off to school and on most days be home when they return. Also, if someone is sick, it’s easier to leave your home’s desk than one in someone else’s office.
When you come work with our team you get all this for just 95.00 a year paid directly to inCruises.