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The Top 6 Benefits of Starting A Home-Based Business

May 12, 2017

The Top 6 Benefits of Starting A Home-Based Business

Don’t let your friends and family talk you out of looking into a home base business, part time or full time. Most of them are broke and unhappy, they have no dreams or a drive to live a better life style. Most of them will give you advise and tell you, don’t get involved in those MLM companies they are all scams, there is some truth to that but there are also a lot of good legit network marketing companies that are direct sales, and the cool thing is you do not need any sells experience, some of the most successful home base business owners are stay a home MOMS.

The key to finding a legit home base business is where to look and who to talk to, the product also needs to be legit and the product needs to be something that the public needs and wants, that is the key to being successful, the product has to be something public needs and wants it and it is something they are looking for.

Can you imagine if you were promoting a health product that had real scientific case studies in science Journals that shows your product has health benefits to the body, and you give it away for free at no cost to you so your prospect can see for themselves how it works, actually the public cannot live without, you will not have to convince anyone to try your product why? Because we give it away for free for two weeks.

This is what my wife and I do we help people with their health first by educating them about the product, then we show them how they are able to have time freedom with their families, finical freedom and spiritual freedom.
Msg me if you have some interest in this we will point you in the right direction so you can make your own choice no obligation, if this interest you contact us.
This is just a few of why you should own your own home base business there are more these are some of the top 6.

Home-based businesses are quickly becoming the fastest growing form of business start-ups. Growing your company out of your home allows for flexibility that is difficult when renting or buying office and warehouse space. Although working at home requires self-discipline, the benefits can be substantial – especially in the start-up years.

Some of the top business coaches here in the US have stated in today economy a 9 to 5 job will not be able to support most families.

1. More Work Time, Less Commute Time

According to a recent Gallup poll, Americans spend an average of almost 50 minutes a day commuting to and from their offices. One of the best benefits of working in a home office is that commuting involves no more than a few steps to the spare room or the basement. That leaves more time for revenue-producing activities.

2. The Ability to Scale Up or Scale Down Quickly

When you rent or own office space, the size of your business is fixed to the size of the space. In the event where downsizing makes sense, you may not be able to do so quickly if you are signed to a long-term lease. Working from your home allows you to hire more people or fewer people, or simply work longer or shorter hours to right-size your business operations.

3. Deduction of Home Costs on Income Taxes

The tax benefits of operating a home office can be lucrative. If your situation qualifies, you can deduct a portion of your home’s expenses, such as mortgage interest, property taxes, utilities and repairs and maintenance, against your business income. To qualify, your home office must be your principal place of business and you can only deduct the proportionate amounts of the total expense which are directly related to your business. Although you cannot create a loss with your home office expenses, you can carry them forward to future tax years if you do not have enough business income to use them up in the current year. (Running your own business has both personal and financial, be sure to contact your own account ask questions about tax benefits when owning a home base business.

4. Flexibility of Working Hours

Being able to work at night or first thing in the morning is a great boon for those entrepreneurs who are juggling children or other obligations. Mobile phones, faxes and email allow you to interact with your customers and suppliers at any time of the day or night. You can more easily accommodate customers in different time zones and kids’ school schedules.

5. Reduction in Overhead Costs

Working from a home-based office keeps your overhead costs low as you are not renting office space or phones or paying for office utilities. The zero commute also saves money on gas and wear and tear on your car. The reduction in fixed costs allows you to be more flexible in your pricing decisions than competitors who must cover those types of costs. You can choose to either give more favorable quotes or keep the same pricing as your competition and have a healthier bottom line.

6. Allows You to Test Out Business Ideas

More than 50% of all new businesses fail. If you have had to put money out for office space and other fixed costs right off the bat, a start-up failure can be costly. Working from a home office allows you to test out a new business without a lot of overhead. This way, you can determine its viability before investing a lot of money.

The Bottom Line

Think about this when you are an employee whose dreams are you building?

Give yourself 2 to 5 years to build your business and treat it like a real business, this is where most people fail, they think money is going to fall out of the sky their first year, it will not happen, although the project my wife and I are involved in we were able to live off the income from our home base business in 4 months.
Here is an example of the product we promote and why we were so successful in our first 4 months the public needs it and wants it.

The public needs it and wants it

Starting a business from your home allows you many freedoms and flexibilities to grow your business at your own pace. It also saves money on many fronts, which helps during the often-lean start up years. (Your work environment can make or break your career as an entrepreneur.

Bill & Emily Mabry6A free ebook


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