Work From Home
by ~ July 28th, 2008. Filed under: Work From Home.
Work From Home
Working from home has become the dream job for many people today. The reason for this work from home dream are as plentiful as there are raindrops.
People want to : spend more quality time with family, home school their children, save on gas for the commute to work with the gas prices so high, lose the boss or tell the boss I quit before the boss says that you have been made redundant, you can name your own reason for wanting to work from home.
Work from home can be divided into two categories: the work from home job and the work from home business.
The work at home job where you basically perform your company job but from home. There are a lot of benefits for both employees and employers with this arrangement.
The employee has no commute so save on transport, clothing and dry cleaning, as well as being able to claim a small percentage of household expenses for tax purposes. Not a lot but when working from home there is a little more wear and tear on some furniture and fittings.
For the employer the company saves on office space rental and some office equipment, so it is a win win situation for both the employee and employer when an employee works from home.
Another situation is where the employee actually becomes a contractor to the employer, doing the same job but providing the services by working from home. This is more beneficial to the ex employee from a tax business perspective. A business working from home has many more household expenses that are able to be claimed. This is not tax advice because I am not qualified so see your accountant before you start claiming work from home expenses like mortgage interest, insurance, electricity, repairs and maintenance, and any travel.
For the employer this situation also saves on administration because there are no payroll expenses, it is simply one contract payment.
The dream job of a work from home business is not working as a contractor for the old employer. It is the internet business which replaces the current job and you only work for one hour per day in your PJs.
There is a reality check required here when people talk of this. There are so many web pages promising huge monthly incomes able to be generated in 30, 60 or 90 days. Some people do earn large amounts of monthly income working from home but no one achieves this without experience.
The big lie about work from home opportunities is that anyone can do it. Anyone who does it has been online for years and have built up a large list of email addresses that they can market to.
The truth is that only about 5 percent of people make large amounts of money from the internet as they work from home.
There are so many MLM businesses that suggest almost instant riches. You really need to step back and think before you give your credit card details to any company that promises $ ,000 for any work from home business opportunity. For example: Work one hour per day! Earn $10,000 per month. Put 10 to 15 people per week into your downline.
The old adage if it sounds too good to be true, it probably is.
Look for a company which teaches you what to do and how to do it first and then only if you so choose wants your credit card details to upgrade. Learn before you spend! There is only one company that I know of that does this and where the principals are totally honest.
However having said that there are some MLM and non MLM businesses where you can make an excellent income while you work from home. So if you have been burnt previously do not give up on your dream job where you have an internet business and can work from home.
