- Learn how you can start a home business of your dreams using a Business system. By the numbers, home-based businesses look to be an incredibly attractive option for being your own boss and living out your dreams. Consider that home-based business.
- Generate $427 billion per year. Yes, nearly half a trillion dollars! That is more than the pharmaceutical, food and consumer goods industries combined!
- Earn on average $65,000 per year.
- Number an estimated 18.3 million enterprises (12% of U.S. households).
The United States Small Business Administration (SBA) estimates that more than half of all the small businesses in the country (52%) are home-based. But home-based does not mean a small change. The SBA’s Office of Advocacy notes more than 20,000 home-based entrepreneurs grossed over $1 million each. Even more than the logic of opening a home-based business is the emotional component. A survey conducted by Home Office Computing Magazine showed that:
98% of respondents are happier working from home.
96% Would recommend working from home.
88% Would never return to the corporate world.
The most attractive aspects of home-based businesses include generally low entry costs (40% to 44% of all home-based businesses require less than $5,000 to start (Some can be FREE), excellent tax deductions and flexible hours. And, do not forget, the power of the Internet to supercharge a business’s potential. The world is your customer as opposed to just the people in your own backyard. More than 70 per cent of Americans just like you long to be self-employed, but the truth is most will not take the leap. Some of those who do simply will not succeed. That is because they did not take the time to investigate their options and stack the deck in their favour. The kinds of home-based businesses vary. One option many people are familiar with is to be a distributor for a company, generally termed network marketing. In this case, you type with the products and services offered by the company with which you are affiliated. Another type of home-based business and the one that I am most excited about is an online home-based business. Not only do you not need to begin with your friends and family you also do not necessarily need to talk with people if that aspect makes you uncomfortable. You can do all your business activities from the comfort of your own home; we will focus on online home-based businesses. Starting an online home-based business is easy. Sustaining that business and succeeding requires the perfect formula of systems and support. That is something I know a little bit about. You see, a few years ago, I was right where you are now, knowing I wanted something more than the 9-to-5 drudgery, seeing the wonderful possibilities of a life filled with travel and leisure, but not knowing how to get there. My journey took me down some interesting paths, many of which culminated in dead ends. But each endeavour is undertaken showed me what would be critical characteristics of the right online home-based business, as well as other things that I thought were important but really weren’t For more information contact me.