WORK FROM HOME

With the positive turnover of profits from home businesses, many people have realized the magnitude that they bring. Surveys show that nearly 15.7 million businesses have been established as home-based organization in the United States alone.

This statistical reports show how home businesses have dominated the economy by leading people to build their dreams even with their pajamas on.

However, not all businesses are created equal. Some of these were created through unscrupulous means. Hence, it is important to identify the pros and cons of home business.

Pros

1. Flexible time

Time is gold. But when you have a home business, you can almost have all the time that you need. All you have to do is to leverage the time that you have and prioritize those that need immediate action.

With home business, you can have more time for your children and still earn the money that you need to pay your bills.

2. Upbeat results on finances

With home business, you can save more. You can cut down your budget because you no longer have to spend more on your transportation expenses, clothes, meals, etc.

Cons

1. Vulnerable to procrastination

Because of flexible time that you will have in your home business, you will have the tendency to procrastinate. Surveys show that people tend to put off their work later. Hence, some people tend to put more time on other things like coffee breaks and checking emails than starting to work on those tedious invoices.

2. Zero social life

With home business, you will have so little time to interact with other people. This will bring your social life on the zero level. Being alone may lead to isolation and depression. These things will greatly affect the way you will handle your work.

Indeed, home business can give you the kind of profit you want to gain. However, it is important that you see both sides of the coin first to know if home business will work for you.

Try to gain more information by researching online and view online forums regarding this kind of venture. Just remember that home businesses will never be the perfect solution to all of your financial problems. Like any business, it will take a lot of motivation, determination, and persistence to keep you going.

Labels: home business, online business, work from home

Small home businesses and home offices has been setup from all over the country by people who would like extra income on the side and those who would like to break from the bondage of a traditional 8 to 5 day job.

But let’s take a closer look on what technology have done to home business that it revolutionized its concept in a very convincing way. Read on below.

1. Today’s technology has made marketing global. Before the commercialization of the Internet, products are usually marketed nearby areas only. It is next to impossible to promote your products to another state, much more to another country, unless you have a real deal marketing contact all over the continent. The market you are reaching are just those which is geographically near you. But that’s a thing of the past. Today, it is easy to sell merchandise to people of different places and nationalities. Just upload your products on your website and people from across the globe will be able to see it too.

2. Today’s technology has made payments for merchandise convenient while still secure. Before e-payments came about, payment of goods are done over-the-counter, through checks, and credit cards. Today, you can pay for anything you purchased through the phone, payment vendors, and even wire transfer. That’s technology working for you.

3. Today’s technology has made shipping faster. It is easy to maintain a home business because even shipping is high on technology. Couriers can pick up the merchandise from your home. After paying for it, they deliver it with their ever-improving network of company and people . Tracking of the goods can be done online too. So it's easy to make sure that your customer will receive his merchandise within the agreed time.

These are the three main process of a sale: promotion, payment, and delivery. With the application of today’s technology all these were made simple. The promotion of the products is done online. The payment for it is easy and secure. The delivery the goods is handled seamlessly. And all these are done while sitting comfortably on your chair. Home businesses has never became so much easier to manage.

Labels: home business, online business, work from home