Advantages and Disadvantages of Starting a Home Business

January 2, 2006 by Chuck | 0 Comments

From Robert Ameln’s blog…

Advantages:
*Ability to start your business immediately.
*Minimal start-up capital needed.
*No rent or excessive set-up charges for utilities.
*Reduced wardrobe expenses.
*No commuting.
*Tax benefits.
*Elimination of office politics.
*Full utilization and recognition of skills.
*Low risk for trial and error.

Disadvantages:
*Success is based 100% on your efforts.
*Difficult to establish solid work habits.
*Difficult to determine competitive rates.
*Limited support system.
*Isolation.
*Limited work space.
*Disruption of personal life.
*Clients may be uncomfortable coming to your home.
*Zoning restrictions.

In WAH News

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