The 4 main advantages to starting a work at home business compared to your standard brick and mortar business are cost, time, opportunities and information. Having the funds to start and maintain your common brick and mortar business can be daunting. The cost of a mortgage or rent on a building or office can run up into the thousands. Add in the additional cost of utilities such as gas, electric, phone, internet and water. Also, there are costs associated with insurance on the building in case of an accident, and money spent to furnish your office or building. If you plan to have any free time you will need an employee – this will incur additional costs and taxes. You will get tax credit for all these expenses, however you will have to pay for these expenditures months prior to getting the credit on your quarterly taxes. With a work at home business you can get tax breaks for the bills you already pay. Portions of your mortgage and utilities can be deducted from your taxes. You could furnish your home office if you desire, but it is not a necessity to do so at the start of your work at home business as long as you have access to a computer. The computer acts as your 24 hour a day employee. Once the initial cost of the computer is paid, it’s like having a free employee 24 hours a day. Basically, you could set up a complete work at home business for pennies on the dollar compared to the staggering amount it could cost to set up a brick and mortar business. Another great advantage to a work at home business is having the freedom to run your work at home business whenever you want, wherever you want, which gives you more free time to do the things you enjoy. Your computer acts as your 24 hour employee. You work only when you want to and you let the computer do the rest. Having a work at home business that can run itself 24 hours a day can only increase your profitability. A brick and mortar business is only open when you or your employee are at the location. In most cases the average brick and mortar business is open between 10 to 12 hours per day. That’s 10 to 12 hours that you or your employee has to be tied to that location. Today there are numerous work at home business opportunities available, regardless of your finances or business experience.
