Business

Facts on Work From Home Opportunities

Facts on Work From Home Opportunities

November 30
00:00 -0001

Facts on Work From Home Opportunities

Work from home opportunities are employment opportunities, either through employers or through home based businesses that permit individual to work from home. Work from home opportunities have become extremely popular in the last decade. Advances in internet commerce; including greater government regulation through the FCC and FTC, as well as advancements in telecommuting have mad work from home opportunities, not only prevalent, but lucrative.
It has been projected, by the department of labor, that by 2025 two thirds of American jobs will be from home. This includes individuals who are employees of companies and businesses but, due to the internet, are able to work from home. The figure also includes those individuals who have started their own home based business. Data shows that, currently, in the United States their are over 52 million home individuals taking advantage of work from home opportunities. The federal government even employs many work from home employees. The Patent and Trademark Office, for example, has numerous positions for people around the country that allow individuals to work from home in one State even though they are employed in Washington, D.C. 
Work from home opportunities are wide ranging. You can start your own online business; have an online store; do web design; have a law firm, accountants office, or other self-employment professional employment from home; computer programming; work for an internet company; internet writing; and numerous others. 
Work from home opportunities have their advantages and disadvantages. Having employees work from home has been shown to increase employee retention, widen pools of applicants, decrease waste in commuting time and sickness, saves on office space, and the ability to have staff closer to clientele. The disadvantages can include difficulty managing employees, a sense of isolation among staff, deterioration of work product over time, difficulty training and development, and a lack of synergy among employees and employer goals.
When you take advantage of a work from home opportunity you should keep a number of things in mind before you make that decision. The most important of these is whether you are the type of person who can work from home. Many people find that the isolation from the work environment and other employees is difficult and maintaining a “work agenda” throughout the work day is difficult.
If you are working from home you need to make sure that you have your own office in the home separate from distractions and maintain an environment conducive to your job. A good method to follow is to wake up every morning as if you were traveling to work. Wake up at the same time every morning, dress as if you were going to the office, pretend like the trip from the bedroom to the office is your daily commute and the kitchen is your 7-11. One of the keys to working from home is a stable schedule. Erratic work environments and hours can lead to diminished work product and deterioration of you resolve.
You will also want to take into account the tax consequences of work from home opportunities. If you work for an employer then you will follow the same person tax regulations that you would if you went into the office every day. This becomes different when you are self-employed and/or run your own home business opportunity.
The tax code treats at home business somewhat unfairly and for many tax exemptions, associated with a business, to apply the office must be completely separate from the home and the expenses associated with the business must be solely for the use of the business. This means that if you pay heat and electricity for your business but that bill is connected to the home then you will not get to use it as a tax deduction. You will want to consult an accountant about these situations and determine what is, and will not be, tax deductible.
If your work from home opportunity is in the form of a home based business opportunity you will also need financing. Even though you are working from home it can still be expensive to start a business. you may require office furniture, printers, computers, office supplies, advertising, legal help, accountant, etc. Often times you will need to get a loan. The best place to look for a loan for a home based business opportunity is the U.S. Small Business Association. If you qualify you can receive a 6 year loan for up to $25,000 with a low interest rate of 4%.
A private loan from a bank or other type of lender will have higher interest rates, require collateral at, or above, the amount of the loan, and that’s on the chance you get approved. You also have other options when taking on a home based business opportunity. These include taking out personal loans, lines of credit, seeking investors, and maybe borrowing from family and friends. When the amount you need is low these latter options become more agreeable.
Share

About Author

admin

admin

Related Articles

Business News

Google and IBM Discover Massive New Market Opportunity Mamadou Ndiaye grew up in the impoverished nation of Senegal.
Deep Fried: Burger King Twitter Hacked Deep Fried: Burger King Twitter Hacked Just two weeks after traces of horse meat were found in beef patties at a Burger King supply center in Europe, the fast-food chain’s Twitter was hacked.
Berkshire and 3G Capital Purchase Heinz for $23 Billion Berkshire and 3G Capital Purchase Heinz for $23 Billion Buffet, the CEO of Berkshire Hathaway, announced on Thursday that it plans to purchase the food giant for roughly $23 billion, adding Heinz Ketchup to the conglomerate’s stable of respected brands.
Martha Stewart Back in Court Again Martha Stewart Back in Court Again On Tuesday, the home decorating and banking icon appeared before the New York State Supreme court to defend her choice to sign a contract with J.
Young Adults are Too Broke for Loans Young Adults are Too Broke for Loans Young adults are facing less debt than they were 10 years ago, but that is not necessarily a good thing.
Lawsuit Alleges Budweiser Waters-down its Beer Lawsuit Alleges Budweiser Waters-down its Beer Beer drinkers across the United States have accused Anheuser-Busch of watering down its Michelob, Budweiser and other beer brands, in class-action suits that seek tens of millions in damages.
CNBC to Purchase “Nightly Business Report” CNBC to Purchase “Nightly Business Report” “Nightly Business Report,” the inventive public television series that has come into financial troubles in recent years, attracted a new deep-pocketed commercial owner, the 24-hour news and business cable channel CNBC, an element of Comcast’s NBC Universal.
Google Launches Touchscreen Chromebook Google Launches Touchscreen Chromebook Google on Thursday introduced a high-resolution Chrome OS portable computer equipped with a touchscreen.
Investigations Continue Into Plywood from China Investigations Continue Into Plywood from China On November 9, 2012, the International Trade Commission (USITC) announced that continuing investigations allege that hardwood plywood from China was subsidized and sold for less than fair value in the United States.
Department of Justice and Federal Trade Commission Sign Memorandum with Two Indian Authorities Department of Justice and Federal Trade Commission Sign Memorandum with Two Indian Authorities On September 27, 2012, the US Department of Justice and the Federal Trade Commission signed a memorandum of understanding with the Government of India Ministry of Corporate Affairs as well as the Competition Commission of India.
Another Taiwan Manufacturer Pleads Guilty to Price-Fixing Another Taiwan Manufacturer Pleads Guilty to Price-Fixing On September 25, 2012, the Department of Justice announced that the vice chairman of a Taiwan aftermarket auto lights manufacturer pled guilty to an international price-fixing conspiracy.
CME Group Software Engineer Guilty of Stealing Trade Secrets CME Group Software Engineer Guilty of Stealing Trade Secrets On September 19, 2012, the US Attorney’s Office in the Northern District of Illinois reported that Chunlai Yang pleaded guilty of two counts theft of trade secrets after working for CME Group for 11 years.
Economists Predict Meager Growth in 2011 Economists Predict Meager Growth in 2011 A number of businesses and financial analysts predict that the United States’ economy will grow only slightly in 2011, a bleaker forecast that was offered in July, when most entity’s called for a stronger improvement.
End of the Road for Steuben Crystal End of the Road for Steuben Crystal Steuben Glass, a name that once evoked images of prestige and sophistication, appears to be vanishing for good.

Guide To: Business Lawyers

Guide to Finding Business Lawyer Guide to Finding Business Lawyer How do I find a Business Lawyer?Business lawyers are essential for commercial enterprises to ensure that they remain knowledgeable of the laws regulating their business and protecting their assets from liability.
Guide to Finding Tax Lawyer Guide to Finding Tax Lawyer How do I find a Tax Lawyer?Tax lawyers specialize in helping clients who need guidance in navigating the complex tax codes of the United States and local state taxes.
Guide to Finding Bankruptcy Lawyer Guide to Finding Bankruptcy Lawyer Questions to ask, Fees, Preparing for appointment.