Home

home_business Directory


More
home_business Articles

WRITERS WANTED! (click-me)

Feature Article:

Am I Right for a Home Based Business?
Why do you want to start a home based business? Do you want the freedom to be your own boss? Flexible hours? Whatever your reasons for wanting to have a home based business, it is important that you make sure it is the right decision for you. By...
...Read More

Starting A Home-Based Business
There are numerous reasons why people choose to start a home-based business. Some of those reasons include: 1. Dissatisfied with their present employment situation. 2. Out of work due to being laid off or downsizing by their employer. ...
...Read More

worldabooks.com

The many advantages of a starting your own home based business

worldabooks.com       Navigation

Have you been considering starting your own business and working from home? The advantages of working from home and starting your own business are great. Not only will you be able to stay at home with your children, and be your own boss (who doesn't love that), but there are many tax deductions that can make a home based business opportunity very appealing to moms (and dads) everywhere.

Save on Daycare

Quite possibly the best reason for being a work at home mom is actually being able to stay at home with your children. This is truly a rewarding thing, and might be your main reason to start a home based business. Just the fact that knowing where your kids are, and knowing they are in the best hands (yours of course), gives you total peace of mind. This in itself is priceless.
On the financial side this is also a plus. Daycare costs are outrageous now a days, and even more so if you have multiple children that are not yet in school. The money you'll save on daycare alone can offset the costs of starting your own home business.

Be your own Boss

Being your own boss lets you make your own schedule, and set your own guidelines. Don't want to start working until noon? No problem! As long as you have focus, and can get the work you need to get done, it doesn't matter when you do it. You are in total control of you business, and how you want to run it, and that is a great feeling.

No More Daily Commute

Ahhh! How great it would be not to have to try to beat rush hour traffic? With the rising gas prices today this can add up to a big savings. On another note, think of all the money you will also save on business attire. Working in your pajamas is a lot better than a business suit.

Tax Benefits

When tax time comes having your own business can really make sense. Home Based Businesses receive numerous tax advantages. Most of the time, any expenses that are related to your business can be added as a deduction on your taxes. Some of the deductions you can take on your tax return include:

1. Start up Costs - This includes your initial investment in your business. If you are starting in a direct sales business, this would be your start up kit and any promotional supplies.

2. Business Supplies - Anything you buy and use for your business. Business Cards, paper, pens, etc.

3. Computer - If you purchased a computer to use solely for business purposes this can be deducted as well.

4. Internet Access/ Web Services - You internet connection service and any services such as web hosting, and domain names.

5. Phone Line - This would be a home phone line used solely for business. This also includes long distance calls. Make sure to keep all phone bills for your records.

6. Advertising - Anything you do to advertise your business, whether it is online or off.

7. Automobile Mileage - All your business traveling expenses can also be deducted. This would include your gas mileage to and from events such as home parties. Make sure to keep a detailed account of this as well.

The only rule to this is you MUST treat your business like a business, and not a hobby. This is something you should be doing anyway and is one of the first rules in becoming successful. The next main thing you MUST do is keep good documentation of all expenses. This would include all receipts, credit card and billing statements, and a written log on how the money was spent on your business. Just spending a few minutes a day keeping track of your business expenses can save you an estimated $2,000-$10,000 a year on taxes!

About the Author

Stefanie Fauquet is the owner of top Direct Sales Resource site designed to help Work at Home Moms build a profitable Direct Sales Business, while being able to stay home with their kids. Visit
www.workathomemomonline.com
today!

worldabooks.com

More Reading:


Grab A Home Business Opportunity

Start Your Internet Home Business Success Now

What Your Home Based Business Plan Can Do For You

Believe yourself you can start your own home based business to earn extra money

Four Article Marketing Secrets To Boost Your Internet Home Business Profits

 
Starting your Own Autopilot Home Based Business

Writing Your Affiliate Home Business Plan

Dont Become A Slave To Your Home Business

Small Home Business Why People Dont Buy From You

Why Register A Domain When Promoting An Internet Home Business

home_business Home

home_business Directory

Additional Reading


Grab A Home Business Opportunity
If you are looking for a home business opportunity one of the first choices you have to make is whether your home based business ideas should be organized as: - an online home company, - an offline home company or - a combination. There are...
...Read More

Start Your Internet Home Business Success Now
As human we all want to succeed. We all want the best from life. We all want to be wealthy, to have a great house, to travel around the globe. To spend more time with our wife and kids.To have all of this you don't need to be a genius, have luck...
...Read More

What Your Home Based Business Plan Can Do For You
You have put in the time and research to develop your home based business plan, but now you need to know what to do with it. The business plan does more than just attract potential investors to help you raise capital, it also can be used as a...
...Read More



 

 

Internet Search for: home_business, home, business

[an error occurred while processing this directive]

 

Copyright    worldabooks.com