There are more individuals than ever who are indulging into the field of home based business.

Big Stats

According to statistics there are 38 million Home based business in USA alone and a new home based business starting every 12 seconds.

So statistics shows a pretty good scope in home based business and everybody doing it, many of them earning well with it however, it is good or bad for you is still a matter of dilemma.

In order to aid you individuals, here are the pros and cons of home based business:-

The pros of home based business-

• You are the owner of your time. You are not required to have a strict schedule. All, you need is your space and you are sorted. So, you can design your day, spend time with your family or take that vacation the way you liked it always.

• It is nothing less than a boon if you are a parent. It enables you to spend more time with your children, without being all perplexed with respect to sending them to crèche or day cares.

• You have that immense financial freedom which you always wanted. You can get your dream car, your dream home or eliminate debts the way you want to do it.

The cons of home based business:-

• Too much! Well, definitely, you have a lot on your platter. Since, you are working from home; you have to organize everything from scrap. Whether it is hiring of employees, cleaning up, organizing or making web based solution.

You are responsible for everything.

• You are responsible for any loss. Indeed, since it is your business, you cannot take any aspect for granted. You cannot share your work with anyone.

• Since, it is a home business, you have to pursue real hard work and keep a track of all the money. You have to pay the taxes on time and keep a tab of the same.

So, it is for you to decide, whether you want avail the pros, the cons or make a balance with them!