Becoming a home-based business owner is more popular now than every before, and it's very attractive to many women entrepreneurs.
That's because people associate working from home with flexibility and freedom. And with so many mom entrepreneurs opting to stay at home while raising their families, running a business from home makes sense.
Here are some of the Pros and Cons to consider if you're thinking of becoming a home-based business owner.
Pros
- You'll save on start-up costs.
- Lower operating costs.
- No more commuting.
- You can live and travel almost anywhere in the world and still conduct business.
- Time with family.
- Work anytime you want.
- Family members can easily get involved with the business.
- It's convenient.
- Everything is in a central location - work, play, sleep, eat.
- Can wear anything to work.
Cons
- Vulnerability to interruptions.
- Temptations and distractions - TV, laundry, fridge, sleeping in.
- Need for space when your business expands.
- Cooped-up at home.
- Work bleeding over into family time.
- Privacy.
- Outside employees may not like coming to your home to work.
- Hard to get motivated sometimes.
- Isolation without other professionals around.
- Running a business and taking care of your family at the same time.
There's my list of pros and cons. What have I missed? Anything you'd like to add to the list? Please do!
Let us know!
Susan L. Reid
Inner Samurai Business Expert
Award-winning author of Discovering Your Inner Samurai: The Entrepreneurial Woman's Journey to Business Success
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