Owning your own home-based business
A home-based business is any enterprise for which the principal administrative and managerial activities take place within an individual’s personal residence.
The benefits of owning your own home-based business can be quite enticing.
People start home-based business ventures for a wide variety of reasons.
For example, some people are forced to leave the corporate world as a result of downsizing or early retirement.
Others leave voluntarily out of a desire to be their own boss, to avoid the hassles associated with commuting or to facilitate caring for children or elderly relatives.
Whatever the reason, home-based businesses have become a significant trend in recent years.
Once viewed as way for an unemployed person to make some money until a “real” job came along, home-based businesses are now taken much more seriously.