Should You Own a Home Based Business?

successThe Advantages of Owning a Home Based Business (Guest Post)

By Tami Lewis

The new American dream is owning your own home based business. As it turns out, owning your own home based business today happens to be the best way to protect your home. The economic hurricane battering our entire planet shows no signs of letting up any time soon. People all over the world are suffering the effects in what is now described as the worst financial climate since the 1930s.

We are all part of the problem, but we’re all responsible for our own solutions. We as a culture tend to spend more than we make. We tend to project our lifestyles beyond our means. And we continuously seem to vote people into office who have no business being there. All of those things have contributed to our present situation. Now it’s time to take action.

The rising cost of living has certainly hurt a lot of people. But so has the tendency to live paycheck to paycheck. Everybody has control over their financial situation, but an amazingly large number of people forfeit it. They let their money control their lives, instead of living their lives in control of their money. The absolute reality is that it doesn’t have to be this way.

By working for yourself, you will finally be able to earn what you’re worth. Working from home in a recession proof business will give you the opportunity to earn an unlimited income, and the freedom to work whenever you want to. If you’re lucky enough to still have a job, you can work from home and earn extra income to help ease the financial stress. And if you’re already unemployed, working from home may be your only option.

Many benefits accrue to those who work from home. The most obvious is a reduction in transportation costs since there’s no commute. Work clothing, lunches out, and parking can all be eliminated as well. You’ll even save money on your taxes since many occupancy costs become tax deductible when working from home.

At the heart of most contemporary home based businesses is the internet, since whatever it is you are selling, being online connects you with the global marketplace. And even though these are difficult economic times, people the world over are still making money–and spending it. You need to find a product, find a market, find a system for your business model–and then start making money, working from home with recessionary fears a thing of the past. It doesn’t get much better than that.

Tami Lewis is a business coach and mentor based out of Buckeye, AZ, that assists serious entrepreneurs in building a profitable online business with multiple incomes streams. For more information and to contact Tami visit:

Wishing you well,

Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.