Job security is a thing of the past, in this fast and furious world that we find ourselves in. Keeping up the pace at which we work is a challenge, and the pressure to succeed escalates daily. We feel out of control, working 50, 60 or more hours per week. Meeting deadlines, long hours, daily travel, which for some can be extensive, competition even angry bosses can all be ‘in a day’s work’! And that’s while you have a job. But for how long? Jobs aren’t easy to come by, and they are also not as easy to keep. Gone are the days when you had the same job until retirement. Now is the time to be looking for different directions and careers. Now is the time to take matters into your own hands, and work for yourself.Home based businesses are great. If you choose wisely, and have good management and leadership, you can have huge amounts of success, and working for yourself instead of a boss is very rewarding.Here are eight exciting benefits to owning a home based business.
Low overhead costs
No boss, no employees
You get back control of your life
You work when and where you want
You decide how much you earn, not your boss
Personal growth
More opportunity
Freedom
Even if you need to continue working at your current job, there is no reason why you can’t run a home business part-time, and the best part is, it can be earning a second income for you. Plenty of people started their home business as a part-time option, and have now resigned their jobs and work from home full-time, and enjoying enormous success. It’s very possible.So what do you look for in a home business:
Low set up costs
Strong company with integrity
Full training and support
Solid compensation plan
Residual income
Keep these five basic components in mind when looking for your business concept. They cover the most important factors you require when looking for a good business, and there are plenty to choose from. In fact, working from home is becoming the business model of the future. It’s an ideal source of income for anyone. That’s right. Anyone can run a home business, and with the right training and a desire to succeed, they will make a good income from it. If you choose a business with a compensation plan that includes residual income, the opportunities are even greater. Residual income is becoming more popular than superannuation.The 21st century is the age of technology, and we have the ability to profit from this great era in which we live and work. We should be making the most of every opportunity, and taking control of life, future, and financial situations. Making the decision to own a home based business is strong positive step toward a very successful future and lifestyle.
What Are The Benefits From A Home Based Business?
Why You Need to Have a Successful Home Based Business
Unless you are a butterfly who hasn’t been born yet or are a larva stuck in that cocoon you may have noticed a insurgence of people starting a successful home based business in the last few years. Coincidence? Why is this happening? If you look at the Internet you will find many reasons.Many people are now realizing (like many have for decades) that there is no security with a job anymore. Ask yourself this, do you know even one person who has lost their job in the last few years in this economy?So why should someone think outside the box and start a successful home based business? Well, there is a big difference having a home based business and running a successful home based business first of all, but you started one to become successful, right? Let me start by addressing the benefits of having a home based business first of all as compared to a w-2 employee.As a w-2 employee you do not get to write off your car mileage every day that you go to work but you can when you have your own business for business purposes. If you travel for your job you do not get to write that off on your taxes either, the company does. You can expense it, but not use it as a w-2 write off. If you are trying to have a successful home based business and have an office at home, you can write off your utility bills based on the square footage of the office space. You can write off supplies for your computer or printer needs, you can also write off your cell bill or internet service if you use those as a way to grow your business. Now, let me say I am not a tax advisor or CPA but when I do my taxes I have my schedule C all filled out with my operating expenses and it has consistently paid me between 8K and 10K dollars a year to have a home based business as compared to having a job and fighting that rat race as many people say on their commutes to work especially on a Monday morning. The many benefits go on and on. Ask your CPA or H and R block guy then next time you do them in a few months here upcoming.Ask your self this question why is the tax system set up differently for different people? Doesn’t it make sense to take advantage of something that can better yourself in the long run and set up a successful home based business. Most of these businesses you can start for less than one thousand dollars.Now, if you are looking at that and saying I don’t have an extra thousand dollars to invest in myself. Then look at what you are doing now and be honest with yourself. Is what you’re doing getting you ahead in life? If not then something has to change or you will always have what you got. Now think of where you work, was that company started with that little of money, odds are probably not. Not to mention all the governmental regulations that businesses have to comply with (not saying it’s all bad) but when I used to work for a governmental compliance company I would hear from a lot of small and medium sized traditional business owners that between workman’s compensation and insurance and rising rates it can be tough to compete with the competition due to the large amount of overhead and to bring in just enough to break even before they even begun to profit. Ask anyone who owns a brick and mortar business and has these issues.So overall it will pay you in the long run to start a successful home based business which is why so many people are getting involved in the network marketing field. In my opinion there is no better model to get all the benefits and advantages for owning your own life again and leave the cell when you’re in cubicle prison. (Sorry I used to be in several of those with my former jobs so I had to say it…big laugh). And one final thought with having a successful home based business. Robert Kiyosaki advises that you start something on your own so that you won’t be part of the middle class who will continue to be wiped out into poverty in this world over the next few decades.
Home Based Business – 5 Reasons That Right Now Is the Best Time Ever to Start a Home Based Business
You roll out of bed at 10, wander over to your computer and your work day begins… no getting dressed for the office, no stressed out commute, no angry boss. You make the schedule, you make the rules, and you determine how much money you make. Sounds good, doesn’t it? Here are 5 Reasons that right now is a great time to start a home based business.1. It’s always the right time for a Home Based BusinessThat may seem a little silly, but the best time start any business is exactly when you decide that you’re ready to make it happen. You are the primary reason that you business will succeed. So if you are ready to make it happen and willing to put in the effort then there is never any reason to wait.2. Your job is uncertainThe economy is in turmoil right now and none of us can feel completely secure in working for someone else. You have little control over the success or failure of your employer.With a home based business you can begin to control your own future and create income streams that will thrive in any economy. You take responsibility and you create the rewards that you are really worth.3. There are more options than everWith technology and the Internet there are a virtually infinite number of ways that you can create additional income from home. With all of the options available, you can certainly find something that fits very closely with your values, work style and desired lifestyle. A business that fits you is far more easy to make successful than one that you have to conform to.4. Tons of opportunityWith the current economic climate and so many people feeling uncertain about their future, there is a great deal of opportunity. You see, proactive people like you and me are looking for solutions to these problems. The solution often lies in working with others to create home based businesses, or other income opportunities that they can have some control over. You will have tons of eager individuals looking for products and services that can help them create these changes.5. You are still ahead of the packToday, you can still be a leader in the home based business industry. At some point in the future the mass majority will realize that owning a home base business is a good idea and begin to flood the market. If you start today you can be ahead of the pack and position yourself to take advantage of the future flood of new business seekers.All in all, there is no time like the present to take action toward creating a life and lifestyle that is under your control and supportive of your dreams.