5 Benefits of a home based business

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Have you ever been overworked, overwhelmed, stressed and dreamed of not having to get up, get dressed, fight traffic and work for someone else who dictates your scheduled life?

No need to feel guilty, you are not alone! I have felt this way multiple times, thus I wanted to share what I found.  

Time: In my opinion, this is the biggest benefit of having a home based business. The ability to stay home with a sick child or be available for a family member or friend during the hustle and bustle is priceless. This does not mean life is stress-free, just means you are more in control of your daily schedule. 

Possibilities: Choosing a home based business is not like going through a college/university catalog. There are infinite amount of possibilities, so focus on your passions and do not be scared to dive in and think outside of the box!

Low risk: In comparison to purchasing a franchise or a traditional brick and mortar, the start-up cost for most home based businesses there is a fairly low investment and overhead. 

Tax: In this portion, make sure to consult with your tax advisor. Owning a home based business may time, allows you to claim tax deductions for things like rent, home-loan interest, office supplies, utilities, and telecommunications. 

Get paid what you are worth: Many times employees are asked to work harder and/or work overtime for either the same yearly salary or just a few dollars more than your hourly rate. A home based business allows you to give it your all and get paid for all your hard efforts. Please keep in mind, this is a business and success does not come overnight. 

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