Updated December 26, 2016
Sooner or later, you may find yourself asking the question, “Should I work from home?” Starting a full or part-time home business is obviously a major and very personal decision, so it is important to consider every angle. However, I am here to convince you that working from home has many excellent advantages. Consider these 10 reasons you should work from home:
- Control Over Your Schedule: This is definitely one of the biggest pros of working from home. You are now able to set and customize your own work hours to meet the needs of your personal and family life. But, with this new found freedom, come distracting temptations and the ability to procrastinate work-related tasks. You’ll want to make sure you have the right entrepreneurial character traits to handle this new responsibility.
- More Accessible For Your Kids: Working from home can be the solution that allows you to be home more with your kids. You’ll have greater flexibility in your schedule, allowing you to place your family’s needs above those of your employer. However, despite your determination to balance work and family, it may not work out as perfect as you thought. In some instances, it may be prudent to arrange for childcare in order to properly meet the needs of your children and home business.
- Make Money Doing Something You Love: Many home businesses are born from a hobby or a passion. What a breath of fresh air to ditch the mind-numbing work you once did in a cubicle, in favor of something you actually enjoy. You may almost forget you are even working!
- No More Commuting or High Gas Bills: Americans spend an average of $386 per month on gas. Cutting down on a daily commute would put some of that $1500 a month back in your pocket. Not to mention the amount of wasted time driving to and from work every day. Working from home saves you the commute hassle and costs, and gives you the ability to actually enjoy your breakfast from your kitchen table, not your lap.
- Control Over Income: The Law of Cause and Effect states that the amount of time and energy put into something will directly impact its output. You have the ultimate control of your outcome (and your income).
- Tax Benefits: Now that you are working from home, you have incredible tax benefits. You can write off equipment, supplies and even a portion of your home or car if it is appropriate. The key to understanding all these home business deductions is to ask questions and do your research, get some advice from a tax expert in order to make sure you are following proper tax laws. The goal of any business should ultimately be to make profits, but the write-offs will definitely help offset owed taxes.
- Control Over Your Work Attire: No more blazers and dress pants. You can wear whatever the heck you want at your new home business place of employment. If you get your best entrepreneurial inspiration in your fluffy bathrobe, you can wear it everyday if you want. One note of caution though, work attire has been shown to correlate with productivity levels. So, just because you can wear your schleppy jammies, doesn’t always mean you should. You may find a business casual environment in your home office helps you get more done during the day.
- No Boss: Need I say more? No more guilt when you walk-in 10 minutes late because of a legitimate morning hiccup. No more pointless meetings, or personal coaching sessions. No more corporate bureaucracy.
- Greater Levels of Satisfaction: There is a direct link between personal satisfaction and happiness. When you are doing what you love and/or receiving results in direct correlation with your efforts, you are destined to be happier. This happiness and satisfaction will permeate all areas of your life. You will be more pleasant to be around, you will exhibit greater patience, and those who are happier, live longer.
- Learning new skills and growing professionally: Most traditional employer-based work is the role of a “doer”, not manager or executive. The “doer” is typically a piece of the assembly line of a given business (often referred to as a worker bee). More often than not, a doer becomes pigeonholed into tasks that aren’t particularly difficult or fulfilling. However, in a home business, an individual manages the whole picture — from business set-up to customer acquisition to marketing. This new found responsibility requires new skills and involves incredible amounts of learning and growth.