Let me share some fascinating statistics regarding the rise of Home Based Business in America (and also in the world).
Home Based Business in America Infographic
Why Home Based Business?
Now I don’t want you to plunge into Home Based Business just because it’s hot in the market. Let me share with you few reasons for which I and also the Home Based Business owners I know, started in this industry.
1. Low Investment:
Many people get scared about the idea of starting their own business because of the huge capital investment needed. But thankfully you can start a Home Based Business with very low investment.
2. Can Be Done Part Time:
If you start a traditional business, it will require full time commitment from you. But won’t you agree, that you’d prefer to keep your job until your business pays off more than your salary? The beauty of Home Based Business is that you can start it part-time if you want.
3. Risk Free:
Many people are not prepared to take the risk necessary for starting a traditional business. But in case of Home Based Business, as you are not starting with low investment, doing it part time with your job, what is there to lose?
4. Flexibility of Time:
No matter whether you work in a job, or run your own traditional business; you don’t have the flexibility of time. What if you have a baby at home to take care? But if you are in a Home Based Business you can decide your own work schedule and accommodate all life priorities.
5. Laptop/Mobile Lifestyle:
Technology revolutionized Home Based Business industry providing more freedom to the HBB owners. Now Home Based Business isn’t restricted to your ‘home’. Infact most Home Based Business (specially the one I am doing) can be operated from a Laptop or Mobile. Isn’t it cool to be able to run your business from anywhere in the world? Just imagine, you can take a World Tour if you want and still can run your business.
6. No Physical Office, No Physical Boundaries:
The need of a physical business location not only incurs additional costs in traditional business, but often limits its operation in local areas. But as your are running your Home Based Business from laptop/mobile, you can expand your business everywhere.
7. Less/No Real Employees, No Headache:
You know what I love most about my Home Based Business? The fact that I am running a Global business but don’t have a single employee! Managing employees is a task many people don’t want to take and I am one of them.
8. More Profit Margin:
Now do the math. You are running a business which require small investment and maintenance cost, you don’t have to pay any employees. So you keep most of what you make in this business! Nice?
9. Tax Benefits & Simplicity:
Trust me you don’t need to hire CA or top-notch accountants to maintain financial records of your business. If you can just keep a record of all the incomes and expenses for your business, you can file your taxes by yourself. Oh! Did I tell you that your phone bill, internet bill get counted as your business expense?
10. Freedom of Being Who You Are:
Now you don’t have to pretend to be someone you are not infront of your boss or your employees. As you are working from home, work in your own style. You can choose the like minded people to work with also.
11. Personal & Professional Growth:
If you need constant pressure and supervision of others to get things done, then Home Based Business is not for you. I love Home Based Business because it helps me to become more self-disciplined. I am learning to get things done without any pressure or supervision from others.
Also as you are running your business by yourself, you are wearing many hat at once. That gives you immense knowledge as a professional. You learn valuable business lessons without spending a fortune in Business schools.
12. High Productivity:
I love the fact that I am not wasting time in commute. I am rather focusing all those time on my business and my family. Not only I am creating a better professional career but also a much better personal life.
13. Making Money Doing What You Love:
What I enjoy most about Home Based Business is the fact that I can earn money doing things I love.
14. Green Business:
I love environment. I am sure you love Environment too. By becoming a Home Based Business owner, I am burning less fuel to commute, wasting less electricity as I don’t need office, using less papers as I run business from Laptop/Mobile. So don’t you think it’s a Green Business?
15. Being a Part of $427 Billion Industry:
Now finally who won’t like to be a part of the $427 Billion booming industry?
Ready to Start Your Own Home Based Business?
Want to take a look at the Home Based Business I am running. Fill out the form below and click ‘Uncover The Secret’.
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