It’s not a question of whether to set up a home-based business ; the only thing left for you to think about is what kind. Getting started in most home-based businesses is a lot easier than people think. As i shared with you earlier, its helped a lot of people set up their home-based businesses on a full-time or part-time basis.
There are 37 million home-based businesses in the United States. This number is predicted to grow by the year 2005 to 97 million.
Why this explosion ?
Because for most home-based businesses, there’s no risk and little overhead -- and no limit to how big you can build your business. There’s no geographical limits or educational requirements.
In addition, while you’re getting started, the IRS in effect subsidizes your business through these tax advantages. But unlike traditional businesses that struggle to make money, people that have a home-based business can make money right from the start. Many eventually leave their regular paychecks behind. That’s right !
A home-based business could even replace your full-time job ! For many home-based business owners, there comes a point when they just can’t afford to go back to work.
In fact, when operating a certain style of home-based business, there’s a very powerful money concept that can come in to play. One that complements the tax reduction strategies mentioned. It’s called ... residual income.
Many people think that all income is the same. Having been both an employee and a home-based business owner, we know this isn’t true.
There are two types of income that can be made today :
Temporary income and Permanent income.
The good news and bad news is that they both mean exactly what they say. The definition of temporary income is that you have to show up every day to get paid. If you wanted to take the temporary income test, ask yourself this question : “If I didn’t show up to work for the next four weeks and I didn’t tell anybody that I wasn’t going to show up, would I still get paid ?” If that is a resounding no, then you seriously need to start your very own home-based business right now -- today !
Check it out in my blog here and you'll find many home based business opportunity that might suit you. And once you start your home-based business, you’ll have the opportunity to earn residual income immediately.
To Your Success
Wingcent Ning
Success-Biz Marketing
wingcent@gmail.com
http://mysignaturebusiness.blogspot.com
Singapore
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