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Saturday, January 28, 2006

Why start a home based business

New home based businesses are starting up everyday. Many people are drawn to all the benefits of a home based business. The traditional job has a person tied to a schedule and commuting through bumper to bumper traffic. Some people are more than willing to give those things up for the freedom and flexibility of a home based business.

One of the main reasons someone starts a home based business is the flexibility. A home based business does not tie a person to a desk if they do not want to be. The business owner sets their own hours, days off and vacation schedule. The business owner is the only boss, so there is nobody to boss them around. A home based business gives the business owner the freedom to control their work, not the other way around.

Another big factor in why to start a home based business is the money that can be saved. Besides the small up front costs, which are directly controlled by the business owner, a home based business can greatly save money. There is no commute, so no big gas bills. The dress code is whatever the business owner wishes. Child care can become a thing of the past since the business owner can now shape work around their family’s schedule. A home based business can actually turn out to be a budget friendly choice.

Tax benefits are also a reason why people want to start a home based business. Tax benefits vary, but usually anything business related, from paper to housing costs can be deducted as a business expense off taxes. If the business is very small with no employees the benefits may even be bigger since many tax laws do not apply. Tax benefits can mean big savings for the home based business owner.

There are many perks to start a home based business. Many people are seeing those perks and starting their businesses everyday. Home based businesses are seeing popularity like never before. It is clear why someone would start a home based business.

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