What Is Home Based Business?
The phrase “home based business” pretty much states what it is all about. Businesses done from the comfort of one’s home, whether it is service provider or selling products from a home based office, can be considered a home based business.
What Are The Costs Involved?
Like other conventional business models, your home based business is also going to have some start-up cost or an investment, but this investment is far less as compared to a traditional business and completely depends on the type of business one you are looking to pursue. The biggest advantage of your own home based business is that you can eliminate the cost of renting an office and travel, and you get to be close to your family most of the time in the day.
A Little Background On Home Based Business
Home based businesses have been around for many years, even before the the internet came into picture. Traditional family businesses usually keep extra rooms to convert them into stores where people can purchase basic goods. Others offer simple services like dog walking and even babysitting which can also be considered as a home based business. Today, more and more kinds of business are springing out and being carried from the comfort of home.
Home Based Business And Internet
With the advent of high-speed internet, nowadays online based business like Affiliate Marketing, Content Writing and Freelancing can be done comfortably from home with just a laptop. Any kind of business, however small in scale, that can be done from home can be considered a home based business.
Some of the most successful companies that you see nowadays all started at home, especially in the garage. For example, Apple Inc. started from Steve Jobs garage and Amazon.com also started at home which is one of the biggest online retailer websites today.
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