Home Business Ideas and Opportunities

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Are You Home Alone? Get Bizzy Working!

While being home is great and so far superior to commuting, it can get lonely. You should take regular ‘breathers’ to get away and change your scenery. If you don’t, it can feel depressing and smothering, and even ‘tied down’ like your day job. No matter how much fun you are having with your home business, you need to refresh your browser!

work at home

You need to be able to stop working sometimes even though it is midnight and you can’t go outside for a walk or go shopping to get away from it. You also obviously need to sleep and to rest and relax. Make an appointment or schedule this with yourself, if necessary. You don’t need to get run down and burned out. Add moderation to both sides of the coin in order to maintain a balance.

On the other hand, if you do stay home a lot as a rule, why not do something productive with your home. Make it generate money to help with the bills. Make it a better atmosphere. Your home can be something that would be very easy to monetize!

There are benefits that you can get from your taxes if you are running a business in your home even part-time. You can deduct a percentage of all your housing costs – rent or mortgage, utilities, equipment, communications, (Internet service, phone, etc). These would also include direct business expenses like advertising, technical services, software, etc). There are schedules you file with your regular itemized personal income taxes (Form 1040), that are for use of your home for business, *(form 8829) and profit or loss from business (*schedule C); (and of course self-employment tax (*schedule SE).

You can file these deductions for a certain number of years even if you do not make any profit from your home business. However, if after a few years time you have not made any profit then it would be considered a hobby at that point and as such you wouldn’t be able to deduct any more business expenses. Why not have a hobby that you can earn a little money with!? Don’t give up on your home business even if you have to do without all the deductions. Who knows what will happen next year?

You can also look at your home business as a learning experience. You may, over time, develop a very profitable business. If you work all day, you may have a problem accepting more work when you get home, working on your days off, etc.. That is not so much the case if you enjoy working and you love working from home. Your problem might be how to stop working! 😉

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Take your Home Business Seriously

You may consider a home business as a ‘hobby’ because you already work a full-time ‘day job’. However if you would really like to have a money-making business, or even dream of being self-employed full time someday, listen up.

make yourself at home

While the environment working from home can be one that is more relaxed and comfortable than a regular job, we are still accountable to create a professional business atmosphere during the hours we are working. That may require scheduling time to work and sticking to it the same as you would with a job. can be one that is more relaxed and comfortable than a regular job, we are still accountable to create a professional business atmosphere during the hours we are working. That may require scheduling time to work and sticking to it the same as you would with a job.

Creating a professional office space starts with having clearly a defined area that is only used for your office. If the only space you have available is only a desk in the corner of a room, that space should be used exclusively for business. The space should be organized and straightened up each day. It is best not to spend a lot of time shuffling through piles of papers which will create more productive time you have to accomplish your goals.

Your home office space should be healthy. This means for example, well-lit. People are more productive and positive with bright lighting. You need good, indirect light for your work area so as not to stress your eyes. Your eyes are under a strain especially if your home business is a second ‘job’. Be sure to look away from your computer to something as far away as you can at least once every hour or so.

This will help to decrease the strain on your eyes and corresponding muscles. Be sure to have your eyes checked often (yearly). Seriously, there are some diseases of the eye that are manageable but only if you catch them in time.

Another thing that can cause you to be distracted and less focused, is not having the correct chair. You should not be straining any part of your body. Your chair arms should line up straight from your keyboard and mouse. This is the best way alleviate a lot of the pressure on your wrists.

If you don’t have a footstool, you can use a phone book because lifting your feet slightly relieves strain on your lower back, which can be caused from sitting for hours without a break. Along this line be sure to get up and move around every hour or so to keep your circulation moving. If you have a couple simple stretching exercises, do them – or just walk around your house.

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Work at Home – Do Something Different

It may be that when you think in terms of expanding your efforts to earn extra money from home, that you only consider opportunities in the same genre as the ones you already have. This has its good points organizationally and logically – it will also help you as you won’t need to duplicate your efforts across the board.

keep it interesting 4 U 2!

However, it may also be a good idea to do something totally different that doesn’t fit together with anything you are already doing. This could be fun and offer some variety for you. For example say your home business is one that is centered around affiliate marketing programs. One way to expand might be to offer services for affiliates – to help them promote their business, such as list builders, solo ads, etc. This fits easily into your existing portfolio.

However wouldn’t it be fun to take up a craft that involves your hobbies or interests? For example have you always wanted to try your hand at making something like natural soaps and candles – or baking? This could be fun and may also become another source of income. A business based on arts and crafts is a lot more labor intensive than Internet marketing; but remember it is for fun and variety as well as extra income eventually.

Don’t do it unless you think it would be fun, as if not you may see it as one-too-many-things to do. You may be surprised that even when someone is totally focused to one thing, that you will find people that are more than willing to change the subject. They may actually be tickled by finding something they want ‘out of the clear blue sky’.

One example is a gas station where obviously selling gas is the primary source of income. Usually gas stations have ‘mini-marts’ where you can buy ‘convenience’ items while you are there. These ‘mini marts’ are a good little source of ‘extra’ income.

However, this could go farther, possibly if the owners also make some delicious home-made fried chicken to sell to their customers. Nobody would be expecting this in a gas station ‘mini-mart’ and therefore it has some attraction as a novelty.

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Home Business Ideas and Opportunities

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