15 Reasons to Start Your Own Home Based Business (HBB)

15 Reasons to Start Your
Own Home Based
Business (HBB)
Free Report
By Sourav Ghosh

Job or Business?
• Some of you prefer job.
• Some of you prefer business.
• But most are confused between the two!
http://www.souravghosh.com/blog/why-home-based-business-hbb
15 Reasons to Start You Own Home Based Business (HBB)

• You don’t want to work for someone else for a
fixed salary.
• You don’t want the hassles of business either:
• Raising/ investing the startup capital,
• then setting up office,
• registering own company (optional though),
• hiring right people,
• then managing those people etc etc
Why Confused?

There are many people who want to take the
Entrepreneurial path, that means doing
something by their own, but when they see the
lives of most Entrepreneurs, they prefer to stay in
their jobs.

I'm in no way judging any of the
professions. Purpose of this report is to
let people know that starting a business
now-a-days is not what it used to be.

Anyone can start their own business from
home, with
• no experience and
• very little investment (just a computer and
internet connection may be).
Also Home Based Business (HBB) is much
easier to maintain than any traditional
business. Let me tell you all the reasons to
start your Home Based Business.

1. Low Investment (sometimes no investment):
• Greatest obstacle in starting a business for most people is
‘money’.
• Not everyone knows how to raise capital or is comfortable with
following the steps to do it.
Home Based Business is a relief for them! As it can be started
with
• Low capital.
• Sometimes no capital!

2. Can Be Done Part-Time:
Most people start thinking about starting their business while
they are in some jobs.
• How can they manage 2 offices - one they are doing Job in
and another where they run their business?
• How can they hire people for their business, who’ll work in
their absence or after they finish their job hours?
But in Home Based Business, you can always start part time!
• Get back home from office, and start putting 1-2 hours/day at
first.
• Then when your business income exceeds your salary, you can
quit your job if you want.

“Entrepreneurship / business is risky” – popular notion for
most people.
But, how can Home Based Business be risky, when:
• You can start part-time with your current job.
• You are starting with low / no expenses.
3. Risk Free

I went to an Entrepreneur’s meetup recently, where everyone
(except me) agreed that “work life balance is a myth for
Entrepreneurs” .
But for many people 'life' specially 'time with family' is very very
important which they can't compromise for their work. I am one of
such people.
• Yes I love my work, but I want to spend more time living.
• I want to work when I feel like, not when I must.
Home based business gives you this flexibility of time.
And this is why more and more women specially mothers are
choosing it as their profession.
[ Just think about it, how happy kids will be to see their parents
spending more time at home with them than working in office
leaving them.]
4. Flexibility of Time

• You don’t need office for HBB right?
• Your HBB isn’t attached your home either, in most cases!
• Most Home based Businesses can be run from a Laptop/
Mobile / Tab.
• Where rest of the world plan for a holiday trip once in a
year, you can travel to places you like to see, throughout the
year and work remotely from there!
• Imagine yourself sitting at your favorite beach, sipping your
favorite drinks, and making Skype calls with your clients (+
earning money)!
5. Laptop/ Mobile Lifestyle

All traditional businesses use offices, but
• Offices are costly.
• Also the reach is limited to the local clients.
As most modern HBB can be run online
• You save the huge expenses of establishment.
• You can do business with anyone from anywhere in the world.
6. No office, no physical boundaries:

Some of you might love your
employees (may be you got
angels as your employees)
But for most people
• Hiring the right people,
• supervising a team,
• motivating them to work productively,
• tracking their performance,
• firing when necessary,
• training them with latest skills,
• making sure that they are not using
your company's phone to talk to their
spouse
are severe headaches many are
not willing to take!
HBB brings the good news!
• Most HBB can be run using
technology, without any employees.
• You can always outsource less
important tasks to freelancers.
• If you must hire employees ever, you
can have virtual employees, who will
work from their home and will be paid
not for hours but for getting job done!
Happy?
7. Less / No Real Employees, Less Headache:

You don’t have to be a math genius or MBA to realize:
Home Based Business has higher profit margin than other kind of
businesses, because of:
• Low/no capital investment.
• Low business expenses.
• Low/no salary to be paid to employees.
8. More Profit Margin:

• Entrepreneurs get more tax benefits than employees.
• But for traditional businesses, handling tax can be a tedious
job.
• That’s why it’s handled by CAs in exchange of huge money.
But in Home Based Business
• You get all the benefits minus the hassles.
• If you can keep a record of your income and expenses, you
can even handle your taxes by yourself if you wish.
9. Tax Benefits and Simplicity:

In a corporate environment, be it in your job or your own
business, most of the times you have to focus more on
appearing professional and presentable to people around you.
• Some of you might enjoy it.
• But most feel suffocated to pretend to be someone they are
not.
But in HBB
• You can run your business aligned to your true nature.
• Choose the people you work with, no need to pretend.
• Feel free to work in jeans, t-shirt and slippers if you don’t
like wearing formals.
10. Freedom of Being Who You Are

In your job, your boss and in
your business, your employees
are always watching you.
Call it pressure or reputation
management, helps you work.
But in Home Based Business,
you are on your own. It helps
you to develop:
• Self discipline
• Sense of purpose
• Self motivation.
• Leadership (doing the right
thing when no one is
watching)
• Work life balance.
Also as you take all/ most of
the responsibilities, you get to
learn many valuable business
skills without spending time
and money in business
schools.
11. Personal and Professional Growth

How much time is lost while commuting between homes
and offices?
What if people could use that time for
• Being productive in their work
• Or for spending quality time with their family
Don’t you think that would have created a better society?
Home Based Business gives you that chance to be
productive doing things that matters most.
12. High Productivity:

Why do most people spend their life in a job / business they
hate (or don’t enjoy that much)? Why they don’t spend
more time doing things they love?
• Because they don’t believe that they can make money
doing what they love.
Let me tell you something, in 99% of cases, you can start a
Home Based Business around the things you love to do
most! ( Need help? Feel free to contact me)
That’s why Home Based Business owners are among the
most passionate people you will find.
13. Making Money Doing What You Love

Do I need to tell you how important it is to take care of our
environment for the survival of this planet?
HBB plays its part, being really environment friendly:
• Saving fuel as no home-office commute.
• Saving electricity of office.
• Saving trees, by adopting paperless operation, using
technology.
• Saving trees, by avoiding printed advertisement and
adopting other innovative forms of marketing, specially
word of mouth – offline and online.
14. Green Business

Incase anyone tells you that HBBs are not real businesses,
here are some interesting statistics (just for America, guess
about the global scenario by yourself):
• A new HBB is started every 12 seconds.
• There are 38 million HBBs in USA.
• 70% HBBs succeed within first 3 years vs 30% normal
businesses.
• 20% HBBs make $100K-$500K/year.
• $427 Billion is made by HBBs per year.
Check out the infographic from the link below
15. Being Part of $427 Billion Booming
Industry

Sneak peak into
my life:
This is where I
work. Ya! I know I
need to get it
organized a bit. But
as I said: in Home
Based Business
you focus more on
doing some good
work than
appearing good.
You know I spent 12 years of my life in hostels – all childhood away from home.
All I ever wanted was to spend more time with my family. And HBB made that
possible for me. I’m forever grateful!

How Can I Help?
Do you need help regarding Home Based Business? Do
you want to know how can you start a HBB based on
your passion? Or how to operate your HBB online? Or
how to make more money in your HBB?
Feel free to book an appointment with me visiting my
website www.souravghosh.com
www.facebook.com/souravghoshjiFor best resources to succeed in your HBB, follow

15 Reasons to Start Your Own Home Based Business (HBB)

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15 Reasons to Start Your Own Home Based Business (HBB)