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Thursday, August 29, 2013

Can A Work From Home Business Be A Success?

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(Photo courtesy of BusinessNewsDaily.com)

Whether you’re just starting out in the working world or thinking about getting back into the swing of things after a few years’ absence, it’s not uncommon to want to work from home. The bureaucracy of a big company can feel daunting and dealing with a commute and overbearing bosses might just ruin it altogether.

So consider working from home. Don’t dismiss the idea as silly or impractical. Though many first time entrepreneurs or those business owners working in an unconventional environment are considered “high risk” by banks or investors, it shouldn’t stop you from working out of your home if it makes sense for you.

Read on for three reasons why a work-from-home business can be a success.

Flexibility can boost efficiency

Though many workers fear there might be too many distractions working from home, in reality, you will likely have more time to commit to the business. Instead of working a rigid 9-5 schedule with an hour-long lunch break, mandatory meetings, and plenty of chit-chatting with coworkers, you can work the hours that make the most sense throughout the day. For instance, it might suit you to work early in the morning before the rest of the family wakes up, or you can work from 10 am – 10 pm with plenty of breaks in between. Without a commute, you can accomplish more and achieve an appropriate work/life balance.

Inspiration is more likely to strike

When you’re stuck in a cubicle, it can be hard to get inspired and stay focused. When you’re free to roam the neighborhood, hit up the local coffee shop, or even multi-task in your home, you might find you’re struck with sudden bouts of creativity. That’s not to say that working in an office stifles creativity, but many artists, designers, and writers find that working outside a stuffy office is better for the overall quality of their work.

It’s not so different from a typical job

With recent technological updates, working from home just isn’t all that different from being in a more traditional work environment. You can dial in to conference calls, Skype internationally, do Google hangouts with vendors or colleagues, and collaborate through Google drive or using screen share software. The barriers for working from home are significantly lower than in decades past. Now is the ideal time to work remotely and enjoy the perks of working from home. Business owners who work from home today are taken seriously by their colleagues and peers and in some circles it even carries a bit of cache.

If you’re thinking about starting a business and working out of your home either full or part time – don’t fear failure. These days, an at-home business can be as successful as any other type of organization and in many cases, allows the owner the flexibility and freedom to accomplish more with lower overhead. For more information about starting a business for the first time and getting set up with the home office basics, click here.

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