Home-based businesses are continuing to rise as the allure of zero commute time and low overhead costs attracts entrepreneurs looking to break the corporate cycle and be their own boss. While working from home requires self-discipline, the benefits far outweigh the negatives, especially as you get started.
1. Zero commute time
New survey data shows the average American’s round-trip commute each day is 54 minutes, which means 4.5 hours a week and 18 hours a month spent sitting in your car! Imagine waking up in the morning and taking exactly 30 seconds to walk to your home office or down the steps to your basement. All those hours saved can now be spent doing revenue-producing tasks!
Work-life balance is a big reason why you may have started looking into owning a franchise, and another huge benefit of investing in a home-based franchise. You can set your schedule to work for you, allowing you to pick your kids up from school, work late so you can do a quick mid-afternoon workout, or start your day earlier so you can enjoy family dinner time each night. You are your own boss, so you set your hours, and you get to the freedom to have more time for friends and family, at any time of the day!
Without the confines of an office space holding you back, you can scale your business as quickly as you want, without running out of room for your employees. You can also work as many or as little hours as you want, depending on the goals you have for your business.
4. Low Overhead
Working from home immediately eliminates the high cost of office or warehouse space, supplies, and extra utilities. Those big cost items can be invested elsewhere to ger your business off the ground quicker. Don’t forget the zero commute also saves money on gas and car repairs and eating lunch at home cuts down greatly on your food bill, not to mention allowing you to eat healthier.
5. You Get to Keep the Money You Make
It’s easy enough: the harder you work, the more money you can make. Gone are the days of waiting for a raise or promotion, or having your hard work go unnoticed by your boss.