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Home Based Business’s are spreading across North America and have become widely recognized as one of the most desirable business’s to start for several reasons.Just think for a minute what it would be like to work from home and never have to worry about waiting in grid lock traffic or to answer to your boss’s demands.Wouldn’t that be great?In today’s fast paced world a little extra income doesn’t hurt in order for the average guy or gal to get ahead in life so they can enjoy the little extra’s life has to offer that there current job doesn’t allow them to do.I know from experience because that’s what made me take the necessary action steps required in order for me to enjoy the quality of life I wanted to live and provide for my family.But, the problem that usually occurs is people need to be motivated by something or inspired in order to take action.Well, the purpose of this article is to do exactly that, inspire you.I’m going to cover with you the 10 main reasons why You should consider starting your known ‘Home Based Business’ and the benefits behind each of them.I guarantee once you read through them you’ll agree that a ‘Home Based Business’ might be worth considering.With that said, let’s go to reason #1.Reason #1. Be your own Boss.Ever dream of being your own Boss?Well starting a ‘Home Based Business’ is a step in the right direction and the best part is, you’ll never have to answer to anyone else’s orders, just your own.Reason #2. Work when you want to.This is probably one of the best reasons in my book for starting a ‘Home Based Business’ simply because you get to set your own schedule for what hours You want to work.This is especially beneficial for stay at home moms who have children to tend to and need some flexibility in there work schedules.Reason #3. Freedom to do what you want when you want.How’s that for a reason to get started. By being your own boss and being able to schedule your own work hours you NOW have the freedom to do what you want when you want to with whom you want at anytime.It’s a great feeling to be in control of your own life and do what you want when you want.Reason #4. No more worrying about job security.By having you own ‘Home Based Business’ you never have to worry about receiving a pink slip from your boss or a “SORRY”, but the company has to cut back on its employee’s and You happen to be one of the one’s who has to go.Reason #5. It doesn’t interfere with your current “J.O.B.”.That’s right, you don’t have to quit your current J.O.B. in order to get started. You can start on a part-time basis until your able to replace your current income with the income you generate from your business.Remember, you get to set your own hours for when you want to work your business.Reason #6. It will make you a more confident person.By setting out and starting your own business it’ll make you a more confident person because it takes a lot of confidence to start something you have no idea what the outcome might be and the risks involved, whether there financial or personal.Reason #7. It builds a sense of pride.Wouldn’t it be great to be able to tell your friends and family or just somebody you meet that you’re an entrepreneur and you run and operate your own successful ‘Home Based Business’.Pride also works as a motivator because the more successful you get the harder you’ll want to work in order to achieve the goals you have set for your business.Reason #8. It’s all for the MONEY.MONEY is a pretty obvious reason for starting a ‘Home Based Business’ because Why would you otherwise start a business if you weren’t planning on making any MONEY.It also builds a sense of security for your way of life and the things you enjoy doing because the facts are… nothing for FREE. Everything has a price.Reason #9. You get great Tax benefits.You heard right, you get Tax benefits with running your own ‘Home Based Business’ because now you’re entitled to home business tax deductions.This is a category in it’s own and getting a good CPA who has experience with home based business tax returns will be essential in order for you to maximize your return for the year.Reason #10. Wouldn’t it be great to retire early.If your business turns out to be a SUCCESS and you invest and put your money to work for you, wouldn’t it be great to retire early and do the things you’ve always dreamed of doing, but never had the time or money to do so.There you have it, “10 POWERFUL Reasons Why You’re Crazy NOT To Start A… Home Based Business In 2005″.Now, if those 10 reasons don’t get you excited about starting a ‘Home Based Business’ then I have failed to inspire you.If you need to read through them again, do so now.These are the very reasons I contiplated before starting my home based business and in my mind are the most common.Write down for yourself why You would want to start a ‘Home Based Business’, I bet you’ll come up with several of the reasons I’ve listed above.With that said, there’s one more thing I want to mention and that is if you are seriously thinking about starting a ‘Home Based Business’, whether it be online or offline, make sure you put together a ‘Step-By-Step’ business plan on the actions you must take and make sure you start a business you enjoy doing.

Before starting with any home based business opportunity, you might want to understand the similarities and differences with traditional business models. Many people are turning to online home business as opposed to storefront businesses these days.Similarities and differences with traditional ones:Funds:Let us first begin with the start up costs. Most home based online businesses can be started without too much of an economic impact whereas the conventional ventures usually require quite a lot of investment. If you want to start a business on a tight budget, you might want to keep your eyes open for a nice home based business opportunity.Business failures have been related mostly to inadequacy of funds. People always underestimate the expenses which they will need to incur for starting and running a business. This can prove to be an expensive mistake for them and they will need to abandon their dreams midway. This is a classic example for poor business planning.At least in the initial stages, your profitability will depend upon the size of your investment. If you are working on a shoestring budget, you will need to apply double the efforts in order to make up for the shortage of funds. You will need to storm into the market and make a big impact with your customers. A true businessperson will emerge victorious from this character test.This simple fact holds true for all the business-models. If you do not invest time and money into building your business, it will never grow. However, home based business could possibly succeed with comparatively lesser funds.Professionalism:Many people fail with their home based business opportunity because they do not treat it in a professional manner. Just because they are working from their homes, they tend to become more relaxed. Businesses do not work this way and here they will need to take examples from the conventional businesses and best practices.Almost many people seem to think that others will build their business for them. They believe that working from home does not require much of a time commitment. Most of the times, it will be too late for them before the reality strikes in on them.When you question any successful online entrepreneurs about how much time they put into building their business, you will be astonished at their responses.Most successful home based business people, despite the business model, work long hours to build their business. If you cannot make the time commitments, you might want to reconsider before starting a business.It is quite clear that a home based business opportunity runs in the similar lines with which the traditional businesses do. The only difference possibly would be the low startup costs and lower risk factors.