14023A9B-921F-4627-A6B6-579BE264AD85 7 Reasons Why You Need A Home Based Business | Nate Leung

7 Reasons Why You Need A Home Based Business

Having a Home Based Business in my opinion will save the economy.  More and more ex-corporate employees are looking at either a new career change or a secondary income, when it comes to home based businesses.  As corporate downsizing continues to make news and the Internet makes telecommuting ever more productive, more and more entrepreneurs are discovering the benefits of running home based businesses out of their homes. If you are looking to get out of the rat race, to spend more time with family and friends, and to live a more balanced life, a home based business may be the right decision for you.


Home Based business

1.  In a Home Based business, you get to be your own boss.


If you're used to spending hours in traffic to and from work every day, some of the most exciting advantages to starting a home-based business are your new found freedom and the retrieval of lost time. The average American spends 348 hours each year commuting, according to the U.S. Federal Highway Administration. Suddenly with a home based business, you have those extra hours to regain control of your personal life. Plus, there are no bosses, no dress code, no set work schedule, and no office politics to maneuver. All you need is personal drive, discipline, and time-management skill.


2.  In a Home Based business, you keep the money you make.


It’s a simple principle: the harder you work, the more money you can make. Your earning potential is directly proportional to your performance, so you don’t have to wait for a raise or a promotion. You work harder, and you produce more. You'll also save money on gas and food. Preparing lunch at home is more cost efficient and offers a nice break in your workday.


7 Reasons Why You Need A Home Based Business3.  In a Home Based business, you get to spend more time with family.


This is especially important for parents of school-age children: you can see the kids off to school and on most days be home when they return. Also, if someone is sick, it's easier to leave your home's desk than one in someone else's office.


4.  In a Home Based business, you get the benefit of writing off your expenses with Tax advantages.


There are a number of tax advantages to having your home and office under one roof. You can deduct a part of your home's operating and depreciation expenses on your home as business expenses. This can be a percentage of your mortgage, property taxes, insurance, utilities, and/or the expenses of household maintenance. More time for friends and family. This is especially important for parents of school-age children: you can see the kids off to school and on most days be home when they return. Also, if someone is sick, it's easier to leave your home's desk than one in someone else's office.


5.  In a Home Based business, your stress will be reduced.


Working at home can reduce the stress of juggling the demands of your work life with those of your private life. You can work while staying at home to care for a sick child, or continue to work late at night after preparing and sharing dinner with the family. Since you work alone, there is no office politics and deadlines imposed by your boss. You only need to follow the deadlines and schedules you have set for yourself.


7 Reasons Why You Need A Home Based Business6.  In a Home Based business, there is unparalleled amount of unlimited earning potential.


As a home based business consultant, you have the potential to earn unlimited steams of income if you price your services properly. Because homeowners stand to make a significant profit on the investment they make in a professional stager, they will spend hundreds of dollars on your services. It's up to you to ensure you're not undervaluing your time and the talent you have to bring to the table.


7.  In a Home Based business, you will grow with personal development.


Being your own boss gives you the chance to wear a lot of hats: sales director, marketing professional, strategist, business development manager, and more. This gives you insight into and experience with all the aspects of running a home based business, which, in turn, makes you even more marketable. Hope these 7 reasons will help you in your quest to make a decision and why you should consider a home based business to begin with.  More so now then ever, people are open to starting a home based business.  I suggest that you consider a home based business.  If you need help or need more clarification on how to start a Home Based business, you can contact me here.


To your Success,

Nate Leung

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Nate Leung

Nate Leung

CEO & Founder - Automated Profit Method
Nate is the CEO and Founder of NateLeung.com, a website dedicated to helping regular hard-working people to build wildly successful businesses they can be proud of and pass a legacy to their families. He is also the author of The Rise of the Digital Nomad: How to escape the 9 to 5 and earn a profitable income online. Step by step, Nate will show you how to build a business from scratch with the right strategies and systems in place so you can earn the income you know you deserve and have the kind of life you have always dreamed about.
Nate Leung
Nate Leung

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14 Responses to “7 Reasons Why You Need A Home Based Business”

  1. Roman Wheatley

    Hey Nate, good break down of reasons why everyone should own a home based business. Especially in this economy, everyone if not already looking for one, should look for one. I’m glad I found my company and his industry and the timing couldn’t have happened at a better time for me. Thanks for the article buddy!

  2. Paul

    Thanks for the well presented information. I agree that working from home allows you to be flexible, and create balance. This is the way of the future!

  3. Ryan Biddulph

    Dude I know of no other way to live. In 3 weeks I am going to Kathmandu. Are you kidding me? A fired security guard? Going to Nepal, India and Thailand, and all the places I have been?

    Nate you nailed all the reasons once again. Keep rocking it out man!!!


  4. Katrina

    I LOVE the be your own boss part! I just remember daily that I can fire myself if I don’t live up to expectations… and then I might have to go get a J.O.B. again!

    • Nate Leung

      Hey Katrina!

      I do too! We find ways to motivate ourselves to do what we do. Thanks for the comments Katrina!

  5. Andrea

    Love these reasons Nate. Everyone wants less stress and more time. The tax advantages are nice too

    • Nate Leung

      That’s one thing I promote is Tax Advantages. Many do not realize the power of the tax write-offs while owning a business. The IRS implemented this on purpose for business owners to take advantage of. Thanks for the feedback!

  6. Luke Blower

    Hi Nate, these are great reasons, hopefully people will read them and get with the game!

  7. Susan Bachelder

    These are 7 great reasons why we need a home based business!

    The benefits are tremendous and it is something I personally am enjoying immensely 🙂