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Succeeding in A Home Based Business - Some Considerations.
Posted 06-16-2009 at 05:45 PM by mdetrini
Working at home sounds ideal. Many people dream about being able to work from home at some point in their lives, but not many people really take the plunge. When they do they have no clue what is really involved in working from home.
But like everything else in life, working from home has both its pros and cons. Working from home is not for everyone. Should you, could you work at home? This article should give you an idea of whether or not you will be right for a work at home position.
Some of the advantages of working from home are:
Freedom and flexibility. If you are good at time management you can structure your day to suit your personal needs. Whether you want to spend time with the kids, or you have a part time job, or volunteer at your local community center. You have control over when and where you work.
Home-based businesses are typically given a number of business deductions that would otherwise not be available to you. Check with your local tax office or accountant to find out what business expenses you may deduct. AS Sandy Botkin points out on the first page of his book "Lower Your Taxes, Big Time!" - You would have to be brain dead NOT to start a home business.
You can save money on work clothing, unless you are meeting with people all day long. You also have no telecommuting costs, so you will save on the maintenance and gas of your vehicle.
Home-based businesses have lower start up fees, and generally lower overhead charges as well. An example is residential phone lines are less expensive than commercial (business) phone lines. So add a second line just for business. Another example is the fact that you won't have to rent or lease office space, thus saving larger amounts of money.
One other BIG advantage is the expense of Petrol/Gasoline and wear and tear on a vehicle not to mention your nerves and patience.
Look at this site as example, it has all these inherint benefits: http://tak-charge.com/?site=VOutridge
On the other hand you then have the disadvantages of working from home. Which can outweigh the advantages.
Possible conflict between your business and personal lives. When working at home there has to be a distinct place to work. It may be hard for your family to adjust to the fact that you are working while you are at home.
Lack of social contact, leading to depression. Some people must have the social interaction that occurs when working in an office When you work from home, you are far more likely to feel cut off from the rest of the world.
Need for self-discipline. To work from home you must motivate yourself. Staying on task is difficult for some people unless they have someone there pushing them to get it done. There are
household chores to be done, plenty of distractions, and you can be alone for hours.
Do you have the self-discipline required to get your work done despite all this?
While working from home provides more flexibility, it can also provide a fair bit more stress. Because you work in the same place you live, you may feel obligated to get "a few chores" done while you're working. You can very easily become swamped with responsibilities and a lot of people simply end up trying to do too much, between working and chores.
With these things in mind, making a decision as to whether or not working at home will suit you and your family, is now a little closer than it was before. We have shown you the pros and the cons of working at home. These by far, are not all of the advantages and disadvantages, but you will be adding to them when they come to mind.
http://tak-charge.com/?site=VOutridge
http://tak-charge.com/?site=VOutridge
But like everything else in life, working from home has both its pros and cons. Working from home is not for everyone. Should you, could you work at home? This article should give you an idea of whether or not you will be right for a work at home position.
Some of the advantages of working from home are:
Freedom and flexibility. If you are good at time management you can structure your day to suit your personal needs. Whether you want to spend time with the kids, or you have a part time job, or volunteer at your local community center. You have control over when and where you work.
Home-based businesses are typically given a number of business deductions that would otherwise not be available to you. Check with your local tax office or accountant to find out what business expenses you may deduct. AS Sandy Botkin points out on the first page of his book "Lower Your Taxes, Big Time!" - You would have to be brain dead NOT to start a home business.
You can save money on work clothing, unless you are meeting with people all day long. You also have no telecommuting costs, so you will save on the maintenance and gas of your vehicle.
Home-based businesses have lower start up fees, and generally lower overhead charges as well. An example is residential phone lines are less expensive than commercial (business) phone lines. So add a second line just for business. Another example is the fact that you won't have to rent or lease office space, thus saving larger amounts of money.
One other BIG advantage is the expense of Petrol/Gasoline and wear and tear on a vehicle not to mention your nerves and patience.
Look at this site as example, it has all these inherint benefits: http://tak-charge.com/?site=VOutridge
On the other hand you then have the disadvantages of working from home. Which can outweigh the advantages.
Possible conflict between your business and personal lives. When working at home there has to be a distinct place to work. It may be hard for your family to adjust to the fact that you are working while you are at home.
Lack of social contact, leading to depression. Some people must have the social interaction that occurs when working in an office When you work from home, you are far more likely to feel cut off from the rest of the world.
Need for self-discipline. To work from home you must motivate yourself. Staying on task is difficult for some people unless they have someone there pushing them to get it done. There are
household chores to be done, plenty of distractions, and you can be alone for hours.
Do you have the self-discipline required to get your work done despite all this?
While working from home provides more flexibility, it can also provide a fair bit more stress. Because you work in the same place you live, you may feel obligated to get "a few chores" done while you're working. You can very easily become swamped with responsibilities and a lot of people simply end up trying to do too much, between working and chores.
With these things in mind, making a decision as to whether or not working at home will suit you and your family, is now a little closer than it was before. We have shown you the pros and the cons of working at home. These by far, are not all of the advantages and disadvantages, but you will be adding to them when they come to mind.
http://tak-charge.com/?site=VOutridge
http://tak-charge.com/?site=VOutridge
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