Jan 24
Tax advantages: There are several but the main ones are that you can write off a percentage of your mortgage or rent and portions of your utilities as well. In some instances, you can write off services such as your internet bill and trash pickup. Always check with a tax professional before just taking my word for it as every situation is different.
Freedom: Got a sick kid? Grandpa needs a ride to the doctor's appointment? Just don't feel like making that excruciating trek into work today? No problem. You're the boss and YOU decide when to work and when not to. This leaves you time to spend more with your spouse or family and even spend a little time on yourself.
Lower Startup Costs: You already have a place to live, right? Why spend tons renting a space and turning on all those utilities when you already have one. The # 1 reason more Americans don't work for themselves is startup capital and working from home requires very little.
"It's not how much you make but how much you keep": Most of the money you produce working in the public sector helps make others rich. Working for yourself means YOU get to keep everything you charge (well, all the profit, anyway). Combine this with the tax breaks that are out there and you typically will bring home more by doing it yourself.
Opportunity, Opportunity, Opportunity: With so many businesses going bust during the recent difficult financial and economical times, there are plenty of niches that need to be filled. It doesn't take much research to find a business model that is right for you. The simple fact is that, even if you have a full-time job, the time is right to own a home based business. Even with the bad rap that a lot of Internet-based businesses have gotten over the years, there are still buckets of Americans who are involved. Do they see something that you don't? None of them were born with some sixth sense that makes them successful. They are (or were) normal time card punching folks like the rest of us who saw the need & advantages of working for themselves and decided to make a go of it. There simply wouldn't be this many of us doing it if we were not successful. So don't be afraid! Grab your sunscreen and floatie and dive in! The water is fine.Mike Penton currently resides in Omaha, Nebraska and is a successful part time network marketer. Mike has been involved in network marketing since the late 90's and he is currently involved with ULC (more info here: http://www.ethicalmoneyfromhome.com ). Article Source: [http://EzineArticles.com/?Why-You-HAVE-To-Have-a-Home-Based-Business-THIS-YEA...] Why You HAVE To Have a Home Based Business THIS YEAR
Why You HAVE To Have a Home Based Business THIS YEAR
Everyone's doing it nowadays and there are ample good reasons. Working from home that is. More Americans own home based businesses now, than ever before, in history. So much so that congress has enacted new laws and tax breaks that specifically target home based businesses. In fact, it is rumored that, due to recent tax code changes, there are now more tax advantages for home based businesses than for any other type of business in the country. These new tax laws present some unique opportunities to those with the intestinal fortitude to reach out and grab them. Industry experts and tax accountants are now asserting that everyone in America would benefit from the unique tax advantages of working for themselves, out of their own home. Let's look at just a few of the great reasons to own a home based business, even if you have a real job.Tax advantages: There are several but the main ones are that you can write off a percentage of your mortgage or rent and portions of your utilities as well. In some instances, you can write off services such as your internet bill and trash pickup. Always check with a tax professional before just taking my word for it as every situation is different.
Freedom: Got a sick kid? Grandpa needs a ride to the doctor's appointment? Just don't feel like making that excruciating trek into work today? No problem. You're the boss and YOU decide when to work and when not to. This leaves you time to spend more with your spouse or family and even spend a little time on yourself.
Lower Startup Costs: You already have a place to live, right? Why spend tons renting a space and turning on all those utilities when you already have one. The # 1 reason more Americans don't work for themselves is startup capital and working from home requires very little.
"It's not how much you make but how much you keep": Most of the money you produce working in the public sector helps make others rich. Working for yourself means YOU get to keep everything you charge (well, all the profit, anyway). Combine this with the tax breaks that are out there and you typically will bring home more by doing it yourself.
Opportunity, Opportunity, Opportunity: With so many businesses going bust during the recent difficult financial and economical times, there are plenty of niches that need to be filled. It doesn't take much research to find a business model that is right for you. The simple fact is that, even if you have a full-time job, the time is right to own a home based business. Even with the bad rap that a lot of Internet-based businesses have gotten over the years, there are still buckets of Americans who are involved. Do they see something that you don't? None of them were born with some sixth sense that makes them successful. They are (or were) normal time card punching folks like the rest of us who saw the need & advantages of working for themselves and decided to make a go of it. There simply wouldn't be this many of us doing it if we were not successful. So don't be afraid! Grab your sunscreen and floatie and dive in! The water is fine.Mike Penton currently resides in Omaha, Nebraska and is a successful part time network marketer. Mike has been involved in network marketing since the late 90's and he is currently involved with ULC (more info here: http://www.ethicalmoneyfromhome.com ). Article Source: [http://EzineArticles.com/?Why-You-HAVE-To-Have-a-Home-Based-Business-THIS-YEA...] Why You HAVE To Have a Home Based Business THIS YEAR
