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How to Earn a Living From the Comfort of Your Own Home

Aug 30, 2008
Many people dream of being able to earn a great living while working from home, but what most people don't realize is that you just about anyone can get there with a work from home franchise. work at home franchises come in all shapes and sizes and allow you to earn great money from the comfort of your own home while doing something you love. Most people enjoy working from home because they get the be their own boss, set their own schedule and potentially save a lot of money, but before you dive right into any home based business, it's important to understand some of the inherent pros and cons that come along with working from home.

The dream of most people in the workplace is to be their own boss, and while that's a definite perk to owning your own business; you need to make sure that it's the right decision for you. With a home business franchise, you'll be responsible for generating your own leads, managing any employees that you hire, and overseeing all aspects of the business. For some people this is a very freeing experience, and they thrive in an environment where they call all of the shots, but for others it may be hard to focus on work and to follow through on projects without someone to manage them. If you have a hard time working with or managing people, consider a vending franchise. Whether you choose a more traditional type of vending business like Vendstar and sell candy or soda, or one of the newer and more unique vending businesses like DVDNow which vends DVD rentals, a vending machine franchise is a great way to own your own business and make a lot of money without having to have excellent people skills. Even if you are great with people, a vending machine franchise is still a good option for a home based business as the actual hours week-to-week are minimal and with your machines placed in the right location, you stand to make a great deal of money with little effort.

If your main motivation to work from home is being able to set your own schedule, consider an internet home based franchise. Whether you choose a franchise like Air Advantage which provides high speed internet access to rural areas or something like Vehicle Tracking Solutions which specializes in GPS based fleet management, an internet based home business franchise allows you to work whenever you want and lets you put in as many or as few hours per week as you like. The freedom of being able to set your own hours can be really beneficial if you're starting a side business or if you like to work non-standard hours, but it's important to keep in mind that if you're not a self-starter or if you have trouble staying on task, it will be difficult to have a successful business when you're given total freedom over your schedule.

The main goal of most businesses is to maximize profits, and with a home based business you'll be able to save money and potentially earn more money than you could with a retail location or an office building. With the price of gas approaching $5 a gallon, many commuters cringe as they head towards the pump each week, but with a work from home franchise, you'll not only save a great deal of money on your gas bill, you'll also save hours each week that you would've spent in traffic. If that's not enough, consider the cost of leasing office or retail space that you'll save by working from home and then to top it all off, you'll qualify for tax breaks and be able to deduct a percentage of your rent or mortgage every year based on what percentage of your house is used as a home office. This is a great advantage for most home business owners, but one thing to consider is that if you choose a home based business that requires a lot of house calls or on-site work, you'll want to not only record your mileage for a tax deduction but also consider what kind of impact it will have on your car insurance bill and the toll that constant driving around town can have on your vehicle. Many times these cons are still nothing compared to the average daily commute, but they are often overlooked by many home based business owners.

All in all, for the average person, a home based business will have quite a lot more advantages than disadvantages, but before you jump into something, it's important to look at all of the angles. If you're still undecided, get in contact with a couple work at home franchises and get your questions answered. Not only with the franchisors be helpful in making the decision, but they will also provide you with extensive training about their specific franchise and ongoing support for your business if you choose to purchase a franchise.
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