START A HOME-BASED BUSINESS!
- Apex Business Pro
- Apr 30, 2020
- 1 min read
Updated: Feb 20
updated February 20, 2025
Advantages of Starting a Home-Based Business?
Starting a home-based business is an exciting journey fill with opportunities and challenges. The ability to work on your passion without the constraints of a traditional office is a dream for many entrepreneurs. Here are some key advantages:
1. Less Time to Commute
According to HQ Hire the average one-way commute time to work is 27.6 minutes. 1 in 3 workers spend 15 to 29 minutes commuting one way.
2. Tax Deductions
Home office deductions help optimize finances. There is over, potentially, 475 tax deductions for your home-based business.
3. Flexible Work Schedule
You set your hours!
4. Reduction of Overhead Cost
Business overhead costs, also known as operating expenses, are everyday expenses in your business; cutting overhead expenses can typically reduce losses and have profitable returns. Typical overhead costs include office space rental, insurance, salaries, and maintenance.
5. Family Time
If you have children, a caregiver, or prefer to be with your extended family, this gives you the flexibility to do so.
If you are ready to start your home-based business, follow the link below for more resources to your independence:
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