Work From Home
Work From Home - Do You Hate Your Day Job Too?
People hate their day job simply because they are doing something that they don’t like or they have to deal with people that simply press the wrong buttons all the time – whether it’s the boss or colleagues. That’s why many people turn to doing home business or work from home opportunities. Allow me to share with you some common advantages of working at home.
1. First of all, there’s no boss to report to except yourself. You are your own boss. So you decide how much you want to earn, how much time you want to dedicate and how much effort you want to put in to succeed. You get to decide how you want to present your product or service and you can always change whatever it is that you need in order to be more productive. There are pros and cons to that and it really depends on the individual’s personality.
2. There’s very low startup cost – you don’t have to fork out thousands and thousands of dollars to get your home business site up. In fact, it’s a very low end business that usually (and I stress usually), with one sale, covers all the cost of maintaining the site. If you’re planning to start up your own home business, please take some time and do a proper research. I’ve seen people paying up to a few thousand per month purely for hosting! There’s a reason why people do that but that’s another topic for another time.
3. It’s like having a cashier at the counter work for you 24 hours a day, 7 days a week, 365 days a year – as long as the host is up and online, your business can stay open all the way. When you’re at home sleeping, your home business site is open for anyone to visit and make a purchase.
The Home Office Deduction - Uncle Sam Will Pay You to Work From Home
Take advantage of the home office deduction allowed by the IRS.
Did you know that about fifty percent of your income goes to paying taxes? This really is driving me nuts because I don’t think we realize how much taxes cost us each year.
I’m on this subject lately because I met with my CPA recently to finish last year’s taxes – finally. We are also planning next year’s tax strategies. Since I now work from home full time I wanted to learn more about the home office deduction.
A mentor of mine once said: “It is irresponsible and sloppy stewardship of your money if you don’t educate yourself on taxes.”
You can reduce the amount of taxes you pay each year by taking advantage of the home office deduction allowed by the IRS.
According the IRS:
- Your home office must be used exclusively and regularly. It must be your principle place of business where you meet clients and conduct your business.
- In other words, your home office must be a place in your home that is used for business only. It may not be used for personal or family activities, or activities not associated with your business.
- The home office must be used regularly not just occasionally. Assuming your home office deduction meets the criteria given above you will be able to deduct a portion of the utilities, taxes, rent, mortgage interest, and depreciation based on square foot size of your office vs. your home.
For example, the office space in your home is 200 square feet. Your home is 2000 square feet. These numbers would allow you deduct 10% of the utilities, taxes, rent, etc.
There are some items on the list above that can’t be deducted if you rent your home – like depreciation and mortgage interest.
Please consult your tax advisor to educate yourself about other tax deductions and take advantage of them!
Work From Home on Your Computer
If you are looking for that profitable business in which you can work right at the comforts of your own home. Think again. Computer based jobs are rampant now a days. You can start your own work from home with a computer and an internet connection.
With a computer based home job, you can have that flexible time in dealing with your work demands and the demands of your family life.
You can set your own schedule in working through your projects.
The traditional way of doing marketing has been replaced by the internet marketing which rendered a wider scope of consumers. The internet made things a lot better and a lot faster. This will ensure big revenues to be incurred.
Most of the jobs from home are not highly technical. It does not need an IT course to get a job online. This is not entire reason of having a computer based home job. If you have technical computer skills, consider these as your advantage in getting that dream job you have waited for.
Not everybody gets the chance of working on the computer wearing their pajamas. Online jobs are there and it is only a click of the mouse away.
Before you start scouting for that online job you can work with, you should focus yourself more on the nature of the job that you want. Assess yourself if you can get the job done. Since, it is online, it has a specified time frame, and check yourself if you can get yourself ready for the pressure that awaits you.
Article Source: http://EzineArticles.com/3758425
Understanding The Work From Home Concept
A new Internet based type of employment which is known by a variety of names is also called work from home. It is a concept of e-employment. In order to understand this concept better, the different terms on how this employment is recognized will be mentioned throughout this article. The basic requirement for this employment is the availability of Internet.
The basic definition of this concept which is given on leading websites relates to some of the following services which can be performed at home rather than in an office. These services include telecommuting, e-commuting, e-work and similar types of services. The range is wide and another term for this concept which is popularly used is ‘work at home’ or more commonly seen as ‘work @ home’.
This new trend offers benefits to employers as well as employees. The management of an office involves great amounts of logistics. These burdens are all done away with this new system. Office spaces and parking spaces will not be required any more. Costs of refreshments during the day are not needed anymore. No more monthly and retirement payments are required for employees. The list is endless and research has proved that this is the most economical method for the future.
The same applies to workers as well. They have their share of benefits. They can now do their job in the comfort of their homes. They are free to schedule their job as they would wish to do so. They can balance their entire day between their ‘home employment’ and household chores. This concept is ideal for mothers who can now spend quality time with their children. Here too the range of benefits is very wide and another term used is ‘working online’.
This system has its positives as well as its negatives. Striking an authentic online job is not the easiest of tasks. In comparison to the more tangible office interview, this has a certain amount of risk involved. One requires a certain amount of expertise to identify which is the most authentic site amongst the thousands found on the Internet.
Many full time workers also opt for this method of earning. Due to the high costs of living today, people are trying hard to earn extra incomes, and this is a new avenue.
Since the need of Internet is the basic resource needed for this new trend of employment, today most telecommunication companies offer very competitive packages to meet the needs of customers. These websites that offer these jobs always request for a high speed Internet connection as a basic requirement in order to qualify for such as position.
Today the Internet is thriving with websites offering online employment positions. It can be mind boggling to make the right choice. Considering all that is available, the best and most educative will be writing articles for various websites. This does not call for any special skills. No qualifications are required. The most one needs is the ability of writing grammar free articles. This might be an ideal method of trying out a work from home job.
Starting A Stay At Home Business - How To Work From Home
Starting a stay at home business is a great way to take your personal and financial freedom into your own hands.
But it can be tricky to know exactly what to do as you first start out. So in this article we will quickly go over a number of ideas for starting a stay at home business, as well as revealing one of the best types of business opportunity for your first venture:
Providing Services – A good way to work from home is to provide custom made services to others. It is often easier for new entrepreneurs to provide a service than it is for them to create and sell their own products. One of the most in demand services right now is freelance article writing. The more web pages a website has then the more traffic and money it will make. Other popular tasks that you can provide include Search Engine Optimization (SEO) and link building, data entry, and social media management.
Affiliate Marketing At Home – A great way to work at home with your own business is as an affiliate marketer. This is one of the easiest and quickest ways to get started because you don’t need your own products or services to sell: you simply make money by selling other peoples products. In many cases, you do not even need your own website. Learn the essential skills of online traffic generation with article marketing, solo ads, media buying, videos and blogging etc and you will be in good shape.
Information Marketing – A long term and stable plan for your own work from home business could involve creating and selling your own information products. These are usually training courses in the form of ebooks, videos and audios. You simply create a training series on a subject area that you already have expertise in and others are likely to be willing to pay to learn this. If you are not already an expert then you could simply team up with someone who is and interview them as part of your product.
Online Business Opportunities – Many people find that one of the best ways to start working at home is with a home based business opportunity. When you join one of these online business opportunities then you are usually provided with a complete turnkey marketing system to use in order to market an existing product suite as an affiliate marketer. You also get the support of a community and team with this type of program, which is much more fun than going at it alone as an individual internet marketer when you first start out.
Each of the above pointers is a viable way to start your own work at home business. It is a matter of picking out one method and focusing on it 100%.
Legit Work From Home Jobs and Why Are They So Hard To Find?
You may be asking yourself, “But what do overheads have to do with a job or business being legitimate?” and I want to clear that up for you right now…
Home based business overheads can be one of the most challenging things for anyone who’s just starting out on their home business journey because if you can’t make enough money from your business before your overheads are due, then how you can expect to be profitable let alone stay afloat?
If you’re like most people, then the whole reason you want to start your own home based business is because you’re interested in making additional income, so that being said, it’s important to understand why some scams create overheads and what these mean for you and your quest to find the ideal home business.
Having overheads in a traditional business is just about inevitable. You have cost of your property rental, employee salaries to pay, power and phone bills, inventory and shipping, and all of this is even before you’ve started making a profit! No wonder 97% of people fail in their first two years at starting their own traditional business…
You can potentially avoid most of these overheads with a modern home based business but there are still the scams you need to look out for and one of them is where the opportunity you are looking at has a specific commission plan and part of that plan is for you to purchase a certain amount of product each month in order to stay commission eligible, and that’s even before you’ve started to make a profit! Imagine that; purchasing a bunch of product before you’ve even made any money? Seems crazy, right?
What does commission eligible mean? It simply means that if you fail to purchase the $400-$500 worth of product each month, the company will penalize you by wiping not just some, but all of your profits for that month. Imagine this; you put in work for an entire month on your business and you start making some progress, but you have some bills to pay and you can’t afford to spend $500 that month to buy the product and so the company tells you that you will not receive any commissions for that month because you failed to meet the minimum monthly purchase as part of your agreement. Wouldn’t that just frustrate the heck out of you and make you want to jump up and down screaming? All that work done for the month, is now down the drain simply because the company wanted you to buy their products so you could be a customer of the product.
The whole reason some scams are setup like this is because the company knows that it would be too difficult to find customers to want to use their product, so instead, they make their business owners who are operating in the business purchase the product and become the customers. This to me all seems pretty ridiculous.
The company will try to justify this by saying that every business has overheads but that’s a cop out because there are home based businesses like the one I operate that have zero business overheads and that means you can begin to profit from day one without having to worry about any up and coming bills.
So when searching for legit work from home jobs be sure to keep this in mind and if you have any other questions feel free to contact me, and I hope I’ve made your search for the ideal home based business a little less challenging.
Moms Can Work From Home Too!
Many moms these days are working out of the house and unable to set aside time for their family and kids while balancing a fulltime job. Being able to provide for your family financially and being there physically and emotionally is a demanding task. Luckily for mothers in this current day and age, it is easier than ever to run a successful home business and stay close to your family at the same time.
Even if you are currently a stay-at-home mom looking for ways to earn some money or a mother working out of the house, you can look into the benefits of owning and running your business from home. If you are on the fence about it, take a look at some of these benefits and decide whether or not pursuing it is right for you.
Financial benefits – When your home office is located inside of your home, think of all the money you’re saving on transportation costs. You don’t have to waste more gas in traveling to an office outside the home, and you also don’t have to worry about arriving late and fighting against traffic. You can also save money on the clothes you wear – working from home allows you to put on a sweater and some yoga pants and get to work!
Freedom – You become your own boss as business owner. You can shape everything around what your goals are for you and your family, and what is best for everyone. When you have the ability to choose your own hours, you are able to set aside more time to spend with your children and spouse. All the final decisions are made by you, and you alone!
Family – As said before, you will have the freedom to spend more time with the ones you love the best. Not only will this provide you more opportunities to spend with them, you can even get your loved ones involved in the business. By distributing out small little jobs, you are teaching them responsibility and are able to incorporate them into your work life as well.
Stress – Running a home business can alleviate a great deal of stress that usually arises when working for a company or business that is physically and emotionally taxing – especially when you’re not making any of the crucial decisions! Instead of worrying all day about things like office politics, picking kids up from school, and even what dinner is supposed to be later on, you can relax and be stress-free when you realize that everything is taken care of.
If you’re a mother who desires a home business, whether you’re working outside of the house or a hardworking stay-at-home mother, then you can take charge of your life and decide if running a home business is right for you.