Financial authorities like Robert Kiyosaki and Paul Zane Pilzer agree that MLM offers some of the best home based business opportunities in todays market. What is it, exactly, that causes them to offer such advice? What are the advantages of network marketing over other home based business opportunities? Let's look at some of the benefits.

1. Residual income is a wonderful thing.

Residual income is a powerful vehicle to wealth. Not only is it useful for accumulating wealth, it is also helpful in making the best use of your valuable. We all exchange our time for money. It's a fairly simple concept. By using residual income you are able to quickly increase your earnings because you are now exchanging not only your time, but also the time of others in your network.. You'll also enjoy the perk of making money, off of a percentage of each person in your network, while enjoying other activities. Perhaps you dream of philanthropy or travel. Your ideal might be to volunteer time at a soup kitchen or to coach a little league team. Maybe you imagine composing the next great American novel or developing a hobby. MLM can provide the means for each dream that you have.

One caveat; choose your business intelligently since the money will only come in as long as the company remains in business.

2. The tax benefits are the same as any home based business.

You will receive the same tax benefits from which all home based businesses benefit. If you are unaware of the details, you owe it to yourself to find out what you are missing.

In order to make the most of these tax benefits you'll want to make every effort to devote as much dedicated office space as possible. A formula, based on the percentage of square footage of your office within your home, will actually determine how much of your mortgage and utilities you will be able to write off.

It's important that you keep detailed records and that you find a CPA who is an expert in the laws connected with home based businesses. You may be tempted to take your taxed to the nearest, most convenient, kiosk at your local WalMart. Don't do it. You won't do as well there as you would with an experienced CPA. Your savings could be in the thousands.

3. Greater flexibility.

We've already discussed the time freedom that comes with residual income from MLM.. You will find greater time freedom in network marketing vs. other home based businesses. The reason is simple; you'll earn a percentage of what each person in your network sells. Think of it as an engine with greater horsepower.

4. Unlimited income potential.

With other home based businesses you are somewhat limited in your income. You are limited by one of two things; either the amount of time that it takes for you to provide the service or the amount of product that you are able to produce. Additionally, you could also be limited by shipping rates which may prevent you from being competitively priced or even by your geography.

With MLM you don't have to worry about those things. The beauty is that while you, personally, may be limited; your network will continue to thrive as you earn a bit off of each business partner and a bit off of their business partners and on, and on.

MLM has gained repute in the last decade as more and more financial experts agree that joining a network marketing company is, indeed, a smart thing to do. The benefits include unlimited and residual income, smart tax advantages, and time freedom. If these are benefits that appeal to you, you can become the next American to enjoy the benefits of MLM income.