9 Benefits Of Having An Online Business

9 Benefits Of Having An Online Business

by moonheart85 on Sun Mar 15, 2009 5:08 am

Many people are now looking to work from home, essentially opting-out of the rat race to spend more time with their families. As you can imagine, there are plenty of benefits of having your own online business. Today, I will briefly talk about 9 of the most important advantages of working from home as an online entrepreneur.

Here are the 9 benefits in no particular order:
1. Gain Personal Freedom - No more commutes = more time = more money. You'll spend less money on gas and you won't have to answer to a boss or wake up to an alarm clock.

2. More Mobility – You work from wherever YOU want: from home, from the beach, from a coffee shop. Anywhere.

3. Actually Keep the Money You Make – Simple Principle: The harder you work, the more money you earn. Every hour you spend will directly help build your bottom line.

4. Tax Advantages – Using your home as a place of business offers a number of tax deductions including (home office deduction, transportation, phones and communications, a portion of utilities, office furniture etc.) I've personally saved thousands in tax dollars since I started online.

5. Join a Rapidly Growing Industry – Unlike the rest of the economy, online business is thriving. Today, with rising unemployment and massive layoffs, more and more people are looking online for entrepreneurial ways of making money. Millions upon millions of people are estimated to join home-based businesses in the next few years. Started now ensures that you take advantage of this.

6. Less Stress – Although success in online business does require consistent effort, working at home allows you to set your own schedule, and therefore more effectively juggle the commitments of family and daily life.

7. Increased Opportunity – With the economy down, being in online business allows you to create your own income-producing opportunities. As a home-based entrepreneur, you won't have to worry about the economic downturn affecting your job or future promotions.

8. Less Risk - Running a business from home takes much less startup money than a freestanding business, or even a franchise location. Once your business is up and running, it will cost much less to maintain as well

9. Make More Money - No longer will you have a ceiling on your income. In the corporate world, if you're lucky, the best you can expect to achieve is a 5-10% raise per year. Online, as your knowledge grows, so will your income.

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