Young African woman sitting at her kitchen table writing in a notebook and using a laptop while operating her home based business
Home-based businesses are on the rise! But a home-based business isn’t right for everyone. Although having a company in your home provides you with flexibility and ease, it’s not always easy. It requires you to have self-discipline, because no one else is going to make you work.
Consider some reasons why a small home-based business might be right for you:
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Home-Based Business Flexibility
When you have a home-based business, you can work any time you want. One AM? Not a problem. It’s an amazing choice for those with small children, who want to save daycare costs and still work. Thanks to modern technology, you can have all the conveniences of an office at home, allowing you to work on your terms. But you need to be self-disciplined and actually work, not spend your day watching TV or goofing off.
Low Overhead Costs
When you work from home, you don’t have to rent office space, or pay for extra phones or office supplies. You probably already pay for internet too. Without a commute, you save gas money. And all that money you save can be channeled into your business.
No More Commute Traffic
You might be shocked at how much more useful time your day contains without sitting at stoplights or in on-ramp lines. Commuters lose precious time, and you can keep that time and invest it in your family & business when you run a business from home.
Scaling Your Business Up or Down Quickly
You can’t always predict when your business will boom or atrophy in the first few years. Running your small business out of your home saves you from being locked into restrictive leases. You can hire workers to work from their own homes when needed, or have them join you at the kitchen table. This informality is to your benefit in the development of a young business. You can still look professional with business cards and a private business mailbox, even custom stationary. No one even has to know you work at home.
You’re The Boss
Being your own boss sounds great! Hopefully you have what it takes to manage and motivate yourself. Luckily most home-based businesses begin with very low entry costs, so the risk is minimal if you find being in charge hard. On the other hand, the opportunity for income is unlimited, and you can learn and grow as fast or slow as necessary.
Your local Mail Boxes Times store has the resources you need to run a business effectively and efficiently without a storefront or office of your own. Come in and ask us about available business services.