For many people who want to strike out on their own or just add another income source a home-based business is a great way to do it. A home-based business owner can get financial benefits, tax benefits, and better flexibility in their lives. Here are just some of the benefits that a business owner can get from having their business in the home.
Benefits
· Control earning potential
The home-based business owner has the ability to decide how much they will make without having to depend on promotions or raises.
· Write off part of mortgage & utilities on taxes
Your office space is a business expense, and if the office happens to be in your home that is fine. Check with an accountant or tax agencies to know for sure what can be deducted and how.
· Write off health insurance on taxes
Normally an employer would write these expenses off, if you are your own employer, why not do the same?
· No commuting, no gas money
Save time and money. The perfect way to save the average American an hour a day and a bunch of cash that would normally go in your gas tank.
· Make lunch at home, no fast food expenses
Save your wallet from getting thinner, and your waistline from getting bigger.
· Set your own hours, flexibility to change them.
The boss usually sets hours; if you're the boss the hours can be different on certain days. Only want to work until 2 on Thursdays? No problem.
· Close to family, great when you have sick children home from school
Take care of children, run an errand in the middle of the day, or just be there when they get home. If work is at home, you're never too far from the action.
· Ability to be involved in every aspect of business
Don't get burned out in one line of work. As the owner of a home-based business you can be involved in everything from marketing to choosing the letterhead.
· Can run business full or part time and change over time
If you want to start part time and move to full time after a year or two, go for it. No one else determines how the company grows but you.
Anyone who tells you that anyone can get rich by sitting at home and not doing anything is lying. The company that I work for, Press-A-Print International, has been selling business opportunities for decades and every workshop they hold reminds people that they can make a good living running their own business, but they have to work. Running a home-based business is a great idea with many advantages, but do your homework. Attend one of our workshops and ask questions, decide how you would set it up and talk to people you know. There are a lot of benefits to be had from working at home for yourself.
Michael A. Cousin is a Communications Specialist at Press-A-Print International, a leader in the promotional printing industry that has been selling business opportunities in specialty printing for over 20 years. Press-A-Print is the industry leader, providing independent Owner/Operators with training, support, and equipment for them to operate a successful home-based business selling advertising specialties. Lifetime Customer Service and Business Coaching as well as a week long on-site training are included for each Owner/Operator of a Press-A-Print business. Founded in 1986 by Galen Nelson, Press-A-Print International has been owned by ICV Capital Partners since 2007.
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