Saturday, October 6, 2007

Why Start And Never Quit A Home business

Why you need to start a home Internet business is a frequently asked question. If you are happy with your job and think you are paid what you are worth then maybe a home business is not for you because it will take you outside your comfort zone.

The days of working 40 hours a day for 40 years and then retiring on 66% of your final year salary are mostly gone. If you are to rely on a pension from the state to assist in your retirement you will be in for a shock.

Starting a home internet business makes financial sense, even if you are happy with the job you are doing.
The tax benefits are huge, if you start a home based Internet business.

For example if you want to purchase a new laptop for your home as a taxpayer who is paying say 30% tax you will need to earn $1500 just to buy a computer worth $1050. However if you have a home business you will not pay income tax on it as it is a business expense.

You can offset many other costs against your business, ranging from a share of your Utility bills, housing costs, transport costs, travel etc.

You decide when and how you will work and if you set up the right kind of business you will earn income whilst sleeping or taking a holiday.

You will have more time quality time with family and friends and working at home will result in less time wasted travelling to a from work.

You do need need however to set yourself goals and plan when you are going to be working and let you family know this so that they do not disturb you during your working hours.

If you want more information go to Why Start and Never Quit a home Business

David Ogden
Internet Marketing Mentor
Kota Kinabalu
Sabah
Malaysia