Archive for January, 2011
So You Are Thinking About Running Your Own Home Based Business
If you have ever entertained the thought of running your own home based business now is the time. Let’s face it the economy is not what it use to be. There was a time when jobs were plentiful and the dollar and stock market were a lot stronger. Now the thought on a lot of peoples mind is will I be the next one to be downsized or will my company close its doors.
Having your own home based business takes some of the worry off your mind because you can’t be laid off or downsized because it’s your company. As far as the income goes you will be the one to determine how much or how little you will make because you’re the Boss. You determine if you want to work full time or part time and what time you will start and end your day. If you have children who need to go to the doctor or you want to attend an event your child may be having at school no problem you can rearrange your schedule around that. Let’s not forget the tax advantages of actively running a home based business. The government allows up to $5000 in deductions each year for a home based business and its one of the only times if you are a renter you can have a portion of your rent as a tax deduction. Usually only home owners get a tax deduction each year.
Tags: family and friends, family members, full time, home based business, part time, renter, stock market, tax deduction, wor, year oneRelated posts