- Most home based businesses usually have only a small investment so your reward to risk ratio is very low.
Meaning low risk but high reward.
So you basically have nothing to lose.
- You are diversifying your income.
You don't have to quit your job, just take small consistent steps and you will be on your way to protecting your future income with some diversity.
- Residual Income.
Most home businesses provide some sort of residual income.
This is a great thing.
So even though you take 3 weeks off you could still be receiving checks for work you did in the past and in some cases your income could grow even though you have not been working your business.
- TAX BENEFITS! This is huge.
There are a lot of tax advantages that go along with owning your own business.
Things such as a separate phone line, computer, cable bill, a portion of your house payment, utilities, car, software, desk and many many other deductions that you will be able to take advantage by owning a home based business.
- No experience is necessary.
You do not need any past experience to start a home based business nor do you need a degree.
So regardless of what your major was in college or your past employment history, the playing field is level and everyone starts at the ground floor.
- You will save money by working from home.
You will be saving on gas since there is no commuting.
No restaurant or fast food expenses since you will be eating at home.
- You can set your own hours.
Being able to set your own hours will give you and your family a lot of flexibility but you have to stick to your schedule when you do set hours so you can grow your business.
- You can control your earning potential.
There is no income ceiling.
With a home based business there is no limit to the amount of money you can make.
It is all up to you.
- You have the ability to be involved in every aspect of your business.
Want to advertise more? No problem.
Want to change your website? You can do that to.
Want to have a home party? Your call because you are the boss?
Meaning low risk but high reward.
So you basically have nothing to lose.
- You are diversifying your income.
You don't have to quit your job, just take small consistent steps and you will be on your way to protecting your future income with some diversity.
- Residual Income.
Most home businesses provide some sort of residual income.
This is a great thing.
So even though you take 3 weeks off you could still be receiving checks for work you did in the past and in some cases your income could grow even though you have not been working your business.
- TAX BENEFITS! This is huge.
There are a lot of tax advantages that go along with owning your own business.
Things such as a separate phone line, computer, cable bill, a portion of your house payment, utilities, car, software, desk and many many other deductions that you will be able to take advantage by owning a home based business.
- No experience is necessary.
You do not need any past experience to start a home based business nor do you need a degree.
So regardless of what your major was in college or your past employment history, the playing field is level and everyone starts at the ground floor.
- You will save money by working from home.
You will be saving on gas since there is no commuting.
No restaurant or fast food expenses since you will be eating at home.
- You can set your own hours.
Being able to set your own hours will give you and your family a lot of flexibility but you have to stick to your schedule when you do set hours so you can grow your business.
- You can control your earning potential.
There is no income ceiling.
With a home based business there is no limit to the amount of money you can make.
It is all up to you.
- You have the ability to be involved in every aspect of your business.
Want to advertise more? No problem.
Want to change your website? You can do that to.
Want to have a home party? Your call because you are the boss?
Source...