A Home-Based Business Offers FlexibilityMany women who have children of school age often find it challenging to balance work and family life. Many employers demand strict adherence to the firm’s hours. When a child gets ill at school, for example, the mum must leave work and bring the child home. You may have found yourself in this type of dilemma before and know how frustrating it can be.This need for flexibility can be viewed in broader terms as a desire to gain personal freedom. The most alluring aspect of starting a home-based business is the opportunity to gain control over your own life. As a home-based business owner you can shape your work life around your own goals. There are no bosses to follow, no corporate cultures to live by and no rigid work schedules. If you enjoy getting up early, you can start work early and finish early. If you enjoy getting up late, you can start your workday later and finish later. You have the freedom to work and earn as you choose..
A Home-Based Business Can Save You TimeYou can gain financial and time benefits by working from home. Just think of the time and transportation costs you can save by not having to commute to an office each day. Even if you commute half an hour each way to and from work, it adds up to 5 hours each week, or 250 hours each year. You probably can find much better ways to use this time. If you now drive to work, you can eventually save thousands of dollars by reducing the amount you spend petrol and car maintenance costs by starting a home-based business.A Home-Based Business Can Be Beneficial For Family RelationshipsMany decide to start home-based businesses to strengthen family relationships. Most parents have to work full time just to provide for their families. They don’t have the time to enjoy parenthood. Home-based businesses makes it possible for parents to enjoy parenting. Husbands and wives can assist each other with various parts of the business while older children can also be directly involved. Even younger children gain from seeing how business is conducted. Children learn about working together as a team and goal setting, which often isn’t taught in their schools. A home business can be an important part of the child’s education and help build stronger family bonds.A Home-Based Business Can Reduce StressMany men and women have chosen to start home businesses to reduce stress. Much of the stress today is caused by the attempt to juggle work and family commitments. With a home business you can stay at home to care for a sick child, or older relative. You can prepare and share dinner with your family without feeling rushed.Office politics and personality conflicts are another part of corporate life and are causes of work stress. By working from home you can decrease stress by avoiding these politics and personality conflicts. You can also decrease stress by freeing yourself from the deadlines that are imposed on you from above. In addition, having to drive to your work adds stress at the beginning and end of your day. Many people find this to be a highly stressful part of their lives.Home-Based Business Trends Home-based business is becoming more and more popular in the Asia-Pacific region in countries such as Australia, Singapore, Malaysia, The Philippines, Japan, Hong Kong, Taiwan and Korea.A recent article in the New Straits Times presented several women who operate successful businesses from their homes. The article also showed the government’s positive attitude towards the trend. Several government officials quoted in the publication believe that home based businesses add entrepreneurial vibrancy to the communities in which they are located.Home-based business is becoming more popular in Australia. In June 2004, there were 282,400 home-based businesses in the state of New South Wales in Australia. This represented 63.8% of small businesses in New South Wales.