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Pros and Cons of Running a Home-Based Business
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Quit Your Job: Make money from home!

By Stephen Ashton

The idea of running a home-based business is appealing to people of all backgrounds all over the world. On the surface, when comparing a home-based business to working a typical nine-to-five job for someone else, it might seem like a dream come true. However, the reality is that running a home-based business and working for yourself isn’t easy. Here are some of the pros and cons of running a home-based business.

Pros

* You get to be your own boss.
* You don’t have to commute to work.
* You don’t always have to dress up for work.
* You can pick and choose your clients in some kinds of work.
* You can set your own work schedule, including your hours and what days you want to take off.
* You can be home with your children.
* You can take a lighter workload when you want to schedule a vacation, in many lines of work you can do from home.
* You can set up your own office space how you’re most comfortable.
* You can take care of home responsibilities during “down times” instead of feeling like your time is being wasted.
* You can take breaks when you want during the day to pick kids up from school, go to the gym, or just enjoy nice weather.
* You can choose to work in a field that you’ll continue to love on a daily basis.

Cons

* There isn’t anyone to guide you or answer your questions.
* There isn’t likely anyone to help share the workload.
* You have to wear many hats including secretary, office cleaning, accounting, management, marketing, and that’s not even to mention doing your actual client work or product manufacturing.
* There’s no one to fill in for you, so you might be forced to take a vacation only during your industry’s slow season, or even not at all.
* Even without a boss, you still have to answer to your clients, whose requirements and requests might even be more stringent.
* Because your clients can always find your address, you need to keep your home clean and presentable in case one decides to!
stop by
, not realizing your office is at home.
* Because of the same reason of clients potentially stopping by, you can’t always dress too casually.
* Your children and pets can become distractions to your work, and your work can end up causing family tension.
* If you don’t have space for a full home office, your work life might intrude on your family’s space, also causing strain with family members.
* Because you have to spend so much time doing marketing and administrative work, most small business owners in service fields can only bill 22-23 hours of their time each week.
* Having constant access to your refrigerator and television can lead to extra breaks and distractions.
* In many lines of work, you need to be available to your clients during normal business hours, so you can’t always set your own schedule after all.
* Dealing with the more monotonous tasks of running a home-based business can take away some of the excitement you initially felt for your work.

Even though there are a lot of negative aspects of working from home, it’s certainly not impossible. Many people all over the world run successful home-based businesses. The key is to simply understand that these obstacles exist, and to form an action plan to work around these issues before you make the leap into running a home-based business.

Copyright 2006 Stephen Ashton

Find more Home Business ideas at http://www.moneymakingshed.com and find low cost web hosting at http://www.abetterwebhost.com.


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