Six Reasons You Must Begin an Internet Home Based Company
- Author Ronald W. Acker
- Published December 24, 2010
- Word count 732
In the last two years the national economy has taken a increditable shock. Not only have we had a large boost in unemployment, but we have had governmental expenditures at extraordinary levels. For those of us over forty, our concern for our retirement is now extending into the solvency of Social Security.
It now is exceedingly likely that this unfunded government obligation will be being paid to us with inflated dollars. Being such a large government liability, it might be likely that any COLA (cost of living adjustment) would not be keeping up with the actual inflationary increases. This would have the apparent effect of shrinking the worth of our Social Security retirement.
During the tenure of President Carter, the government removed energy and housing from the COLA formula. These have been the two principle inflationary things in our economy. The present Social Security payments are considerably lower than they would have otherwise been. This type of potential government exploitation can be probable.
The degree of the present unemployment has had the psychological effect of generating an unbelievable amount of insecurity in those who have been fortunate enough to maintain their employment.
It would appear from all of the above stated reasons it would be a very sensible choice to add another stream of income to the family budget. And as convincing as this information is we many times do not take into account the advantages of having an in home business.
Besides removing our insecurity regarding our future income capabilities, having an in home business has a great number of rewards.
With the current revenue of 156 billion dollars being generated on the internet, and the infinite earning potential, an in home business can be started for the price of a computer and some filing cabinets.
In general you can begin an in home business on a part time basis and grow it into a full time earnings.
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Once full time income is developed, and you begin working at home on a full time basis, the U.S. Federal Highway Administration indicates the average American spends 348 hours each year commuting. This is like adding 15% to your existing work time and a large savings in auto cost and daily lunches.
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You are no longer dependent upon an employer or governmental activity in regard to your and your family's potential.
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You are now a master of your own fate. You no longer need to worry about company politics, compensation, or unjust termination.
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Although you will initially have a remarkable amount of tax benefits, as your business grows, these reimbursements can be quite an benefit. We would recommend you speak to a tax attorney for the latest rules and regulations. Being able to pay your children in pre tax dollars is a great way to generate a college fund.
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Working on the internet is quite different than a brick and mortar business where you have client sales contact, customer service and difficulties with accounts receivable. Most of the procedures on the internet are very automated. Once your procedures and promotional actions have been instituted, you should have significantly more free time for friends and family.
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You surely will have no need to find any other artistic outlet. The infinite number of methods, products, and promotions is quite motivating as well as stimulating.
For some tax advantages you may not have considered, we have a 19 page FREE PDF report on our website that more completely spells out the advantages of starting an internet business.
Once you have made the decision to start an internet company, the next most important judgment facing you will be the area in which you will become involved. It should be an area in which you have an interest, knowledge, and hopefully a passion. The niche you choose should be huge enough to sustain a constant stream of new customers, but not so large as to have an too much amount of competition.
Our particular area is healthcare. Large portions of the national as well as your family budget are being used in the healthcare area. Presently 70% of all searches on the internet are healthcare connected. In addition, there is no other area of the economy that is growing as quickly. People will skip many of their other requirements of life to effectively care for their health. For more complete information, our free report is on the home page of our website.
There has been no better time to start a business of your own.
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