Owning your own home-based business

 

Owning your own home-based business

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.

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