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10 Reasons Why Everyone Should Start A Home Based Business
Although this seems bleak, there are options. Everyone should
consider establishing a steady strong second source of income.
This will help ensure a future, independent of circumstances
beyond our control.
Here are 10 reasons why everyone should consider starting a
home-based business. . .
1. BE YOUR OWN BOSS You get to set your own work hours and dress
code. Work where you want and when you want, part-time or
full-time. Be the president of your own company.
2. NO FRANCHISE FEES OR ROYALTIES No fees and overhead is
minimal. There is no need to rent office space or buy expensive
equipment.
3. WORKING AT HOME More free time available with your family.
Eliminates commute and rush hour traffic. Live where you want to
live because your business can move with you.
4. IMMEDIATE INCOME You can start earning an income right away.
There is even a greater opportunity to earn an above average
income.
5. LIFETIME INCOME You can build a successful income generating
business that can last a lifetime. With most jobs, you are paid
once for every hour that you work. With some home-based
businesses you can build "residual" income for a lifetime.
6. NO EMPLOYEES No employee related hassles or paperwork. You
don't have to work 80+ hours a week trying to manage your staff.
7. TAX BENEFITS Legally you can save thousands of dollars with
home-based business deductions.
8. NO CEILING ON INCOME You are paid what you are worth. You
decide how much you earn, by YOUR effort and time.
9. LIVE AS YOU PLEASE Have some freedom at last. You control
your time and lifestyle. You could even move to ANY state you
want. Most home businesses (especially network marketing) can be
run anywhere.
10. AVAILABLE TO EVERYONE No previous experience necessary. You
can earn as you learn. There are no barriers because of age,
gender, race, or education.
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Many people are now choosing network marketing as their
home-based business, mainly because of the low start-up costs
and low risk. But, with over 200 network marketing companies out
there, which one should look for before joining any home-based
business
Products and services that you can believe in Simple and
achievable marketing plan Support and training available
Integrity of company Debt-free No inventory to carry Future
"residual" income
Not all sources of income are created equal. Most people's
source of income is linear, which means they are paid for one
time for every hour they work AND you must be there to earn it.
Even professionals like doctors and lawyers are earning a linear
income. They are only paid for the hours they work.
THE BEST SOURCE.... Of income is residual, which means getting
paid multiple times for something you did last month or even
last year. After the initial effort, you don't have to earn it.
Royalties, rentals, investments, and some forms of home-based
businesses can supply unlimited amounts of residual income.
LINEAR RESIDUAL Fixed Icome Unlimited Income Tied to a Job
Freedom Full-time Part-time Someone else in Control You are in
Charge Temporary Can be Permanent
Building a strong residual income can last a lifetime. There
are many ways to make money, but only a few provide the time to
enjoy it! Make sure you do your homework before you choose your
next home-based business, ask a lot of question. Then, if it
feels right and the company meets the above list of
requirements, put in the daily effort it takes to be successful.
The rewards are great!
Mike Thompson http://www.homebusinessconsultants.net
About the author:
Mike Thompson has been marketing on the internet for 6 years and
owns http://www.homebusinessconsultants.net and
http://www.bluebookadvertising.com