123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Home-Based-Business >> View Article

Home Based Business: The Pros And Cons Involved

By Author: Martin Luther
Total Articles: 348

If you are looking for a way to start-up your new business with the minimum amount of capital investment, do not hesitate to consider setting it up at your home. You would surely save a lot of money on operating expenses like utilities, rents, commuting costs and wardrobe expenses.

Functioning from home makes a lot of sense when you're launching a business and have limited start-up funds. But as with every good thing there remains a negative side, these kind of businesses also have some disadvantages.

Pros of working from home
Lesser commute time-

Commuting to and from offices consumes a lot of time. Working from the comfort of your home can save a great deal of that time and even relieve the daily stress of travelling. This can also give you more time to indulge in revenue-producing activities.

Flexibility of work-

When the office is in your home it allows you to wear whatever you feel comfortable in, work during the most productive hours, hire as many people as you prefer to and just adapt the workflow that’s best suited for your business. Hours of work can also be flexibly chosen as per your requirement.

Reduce overhead costs and save money-

Offices build at home helps in keeping your overhead costs low as you can save a lot of bucks spent on office space renting, extra phone bills or office utilities. Tax benefits for such businesses are lucrative as well. Zero commute costs even add to your savings.

Improves work and life balance-

Balancing between professional and personal life seems difficult for many people. So having your business at home can minimize this issue and help maintain a healthy life balance. This also relieves stress keeping you more fresh and active.

Cons of working from home
Lack of self-discipline-

Being in the home environment can make you lazy at times and divert focus on work, so without strict self-discipline and motivation, it can be quite challenging. Some can even find it difficult to concentrate on work while surrounded by household chores.

Bitter client experience-

There may be clients who would not find your home office very professional. They can simply call off the deals just because of this issue leading to loss in your business.

Impending distractions-

Guests, friends and family can drop in unannounced anytime at your home, even at your working hours, which can be very distracting. Disturbances from children, neighbors and other people could also disrupt your workflow.

Difficult to shut down-

The negligible distinction between work, home and personal life can make it extremely hard to call off work and most probably you end up overworking. As there are no strict office hours in home based business, you could easily be drawn to work endlessly making you feel overburdened and stressed at the end of the day.

Leon Grant has performed a series of interview with many budding entrepreneurs involved in home based businesses. All these interviews made him acquire lot of knowledge about the different aspects related to home based business.

Total Views: 211Word Count: 489See All articles From Author

Home Based Business Articles

1. Vintage Floor Cushions Can Help You Find Maximum Relaxation At Home!
Author: Robin Williams

2. Wall Coatings South Africa Are Used Now To Enhance The Overall Value Of Interior Designs!
Author: Matthew Johnson

3. Rustic Fireplace Décor Can Add That Timeless Look For The Home!
Author: Jeff Smith

4. Differences Between Hardwood & Laminate Flooring
Author: Liam Well

5. Best And Top Packers And Movers Services In Panchkula, Haryana
Author: Pardeep Kumar

6. 9 Reasons To Turn To Upvc Doors & Windows - Liberty21upvc
Author: Liberty

7. Only The Leading Paint Suppliers Can Come Up With High Quality Wall Coatings!
Author: Matthew Johnson

8. Textured Paint Cape Town Is Easy To Apply And Low On Maintenance Cost!
Author: Matthew Johnson

9. Hvac Parts And Accessories | Air Conditioner Parts | Hvac Parts | Refrigerator Parts- Partsaps
Author: partsAPS

10. How To Get Dishwasher Installation In Austin
Author: Bob Sander

11. Enhance The Beauty Of Your Home. Choose Only The Best Copper Wall Plates
Author: Copper Switch Plates

12. 24 Hour Emergency Plumbing Newcastle & Lake Macquarie Suburbs
Author: Leigh Booker

13. Commercial Cleaning Services – Useful Guidelines To Select The Best Services
Author: Cassie Smitty

14. Is Your Commercial Cleaning Company Cutting Corners? How To Check
Author: Ziyaad Buccus

15. Decisive Factors To Be Considered Before Hiring A Reliable House Cleaning Service In Orlando Fl
Author: Rudy Szanto

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: