Tax Deductions: "10 Reasons for the Brain-Dead"

Posted by Kenneth & Cynth'ya / on 07/15/2010 / 0 Comments

Intro

 

10 Reasons Why You Are

 

Brain-Dead Not to

 

Have a Home Based Business.

 


Main Resource : FREE BLOG SHARE: Lower Your Taxes Big Time by Sandy Botkin.

 

Reason #1: Do What You Love

Perhaps the best reason to start a home based business is the factthat it allows you to do something you love. Too many people are trapped in dead end jobs that they dread going to each day.

With a home business, you choose what interests you most and find a way to make money doing it.

Reason #2: Job Security is in Your Own Hands
The economy is volatile. One minute, you are working for a company you think is rock solid and the next minute the comp
any is filing bankruptcy and you are out of a job. When you work at home, you are never kept in the dark. You know where the company is headed and you have control of the outcome.

Reason #3: Taking Control of Your Time
Your time is precious and valuable. When you work for someone else, you are on his or her clock. With a home based business, however, you take control of your own time. This is particularly valuable if you have a family or other interests that demand your time. When you work at home, you can set your own schedule and fit in time for the things that are important to you.

Reason #4: Set Your Own Deadlines and Goals
Working for someone else means meeting that persons deadlines and goals so he or she can make more money. With a home business, you can decide when to set your deadlines and you can establish your own goals. Work as much or as little as you deem necessary to make your business a success.


Reason #5: Increase Overall Income
A home business can help provide a steady stream of income. Even if you are not quite ready to quit your day job, you can start a home based business to supplement your regular income.

Reason #6: Save Money
For those that decide to jump full force into a home business, it can actually be a money saver. There are no commuting costs when you work at home, and any traveling you need to do for your business is tax
deductible. In addition, you can save on babysitting costs if you work your schedule around the schedule of your kids.

Reason #7: Taking Advantages of Tax Breaks

Speaking of tax breaks, you can write just about everything off when you have a home business. So long as it is necessary to help with your business, it is a legitimate write-off. These write-offs can include supplies, travel expenses, your car, and even your home.


Reason #8: Letting Others Make Money for You
All of your life, you have worked to make money for someone else. With a home based business, you can turn the tables and have others work for you. Once you are ready to expand the business, you can hire a few employees to increase your overall income.


Reason #9: Creative License
In many 9 to 5 jobs, you dont have much creative flexibility. You are told what to do and how to do it. When you work at home, you are free to be creative. This creativity can be in regard to your business model, your hiring practice, or even in the service or products you provide.


Reason #10: Keep’s Life Exciting!
One of the complaints many employees have is that their job becomes monotonous and boring. When you have your own
home business , your tasks are varied. From keeping track of expenses, to marketing, to providing the services or making the products offered by your company, you will never be bored. And, when your business has grown large enough, you can hire someone to take care of the tasks you may not enjoy.

Can it really get any better than that?

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