People in corporate jobs are being let go after many faithful years of service due to downsizing and outsourcing. Companies are not in business to provide jobs. It is up to us as individuals to create our own financial safety nets.

Finding the home business plan or business start up idea that is right for you is a goal worth working toward. It will take time and effort but it will be worth it in the long run and you will enjoy your work life so much more than you ever did before. Best of all, you will sleep well at night knowing that you have control over your financial future.

It’s a great idea for stay at home moms, retirees, handicapped folks or anyone else who wants to control their financial situation. This also includes those of us who have been laid off by our former employers.

You don’t have to get up early and deal with traffic just to get to a job that you really don’t like. Many people are earning $50,000 and more a year working from the comfort of home.

“A third of us are already working from home.“

The number of home based businesses continues to grow rapidly, especially during recessions. Home based businesses have a higher chance of succeeding than those started elsewhere. It’s also much less expensive to start a business from home.

You don’t need any previous business experience. However, you do need to be excited about a particular idea and to be willing to invest your time to learn some new skills, and a little money to buy the tools that you need.

At home you’ll be able to set your own hours and be available when your family needs you. You’ll save money because you won’t have to pay for childcare, and you’ll enjoy the best commute ever!

There are many legitimate tax deductions available to home based business owners that could save you thousands of dollars a year. You can write off expenses related to a certain percentage of your home when that space is used exclusively for your business.

A lot of people find that they are much more productive working at home because they are motivated to work hard for themselves and their families.

Your own business will make you proud of your accomplishments. Your confidence in your own abilities will grow. Your self-esteem will become stronger as you make new decisions and gain experience.