If you are planning to operate your business from home, prepare yourself for some changes in your life. A home based business can affect many aspects of your life whether it is time, freedom or income.Your family life is the most affected from your home venture. Therefore it is important for you to take into account all the aspects of your personal and business matters before you decide to start your enterprise from home. Make a realistic and careful analysis of what you are going to do.You need to consider various ways to prevent the inimical effects of your business on your family. The following points will help you to overcome some of these adverse effects:Ask yourself – For whom do I slog my guts out? Whether you are in a nine to five job or run a venture form home, the basic reason that you work is to make decent earnings to support your family in a financially sound manner. All of us have a desire to give our families a safe and comfortable environment to live.You may have decided to leave your corporate job because you think you are not able to provide your family a comfortable life. In order to fulfill your family’s various needs (educational, medical, food, clothing etc.) you have decided to start your home based business.You may have started business from home keeping the welfare of your spouse and children in mind. Then you’ll need to make sure that they do not become victims of your quest for success.You need to seek your family’s support in achieving your goals. At the same time do not ever give them the feeling of neglect because you are too engrossed in your business work. Make them aware that you will spend as much time as you did before starting your home venture.Do not break promises: If you have a made promise to your family about spending some time with them, you must make sure that you keep it. You need to plan your business in such a manner so that you get enough time to be with them, listen to their problems and tend to their needs.Make your family realize that you will stand by them at all the crucial junctures of their life. Let them feel that no matter what happens to your home based business, you will always take out time for them. Your family can count on your support.Taking a day off your computer can work wonders not only for you and your family but also for your business. You will feel rejuvenated and refreshed.Clear the picture :If you want to maintain a harmonious atmosphere at home, you must discuss with your family about the nature and special requirements of your business venture. That way they will understand your position without any fuss and hard feelings.You don’t have to stare with indignation at your spouse and children with the expression that says – can’t you see, I am working?Involve yourself with your kids’ life. They will not feel pushed aside. Do not allow your home based business to become the sole motto in your life. Your family life is equally important, if not more.

The benefits of owning a home based business are opportunities that people now more than ever are taking full advantage of. We are now living in very exciting times due to the world economy never being like it once was. Granted, for some it may be challenging with loss of jobs and high unemployment but, for home based entrepreneurs it is an opportunity to solve many more problems (particularly financial) for everyone who is open while generating massive amounts of money. The following are major benefits that all should take advantage of.1. Liberation/Freedom- This is probably the main reason why most home-based entrepreneurs enjoy their business. It is an opportunity to have full control over your own life. As a home-based business owner, YOU are the boss, thus you can shape your schedule based around your individual lifestyle and ambitions. Time freedom is truly priceless. Just as equally exciting, is the potential financial freedom that it can provide because YOU determine how much you want to earn. This is especially true if you’re in a network marketing/direct sales type of business because it gives the business owner the opportunity to earn residual income.2. Tax Advantages- There is a number of tax advantages when using your home as a place of business. From deductions on home, whether rent or own, to gas mileage, to everything else in between, there is a wealth of deductions for the home-based businessperson. Everything that you use to operate your business is a deduction. Some examples include: phone bill for talking with clients, electricity and internet to power the computer and reach potential clients through e-mail for marketing, gas reimbursement for going to meetings with potential clients, lunch for feeding clients, and this is only the beginning. However, please consult your Certified Public Accountant for a thorough evaluation of which deductions would be considered liable.3. Empowerment- When you own a home-based business there is a whole new level of power that is yours. Compared to being at a traditional job or a traditional “brick and mortar” business, the home-based business entrepreneur does not worry about being told when to eat lunch, when to wake up in the morning to arrive by a certain time, deadlines, employee competence and trust, office politics, large overhead costs, or incompetent bosses. Rather, this privileged entrepreneur has full control over every detail of their life including flexibility with personal life. Granted, for some who are use to being in a “worker bee” mindset all of this control could be scary. Nevertheless, on days when it’s -4 degrees outside, when a child is sick and need caring for, or when paychecks are cut let alone pay raises, having a home-based business is priceless. More importantly, personal growth and development (the key to success) is greatly enhanced as you learn more about your business, others, and yourself.These top benefits are only the tip of the iceberg. Although for many freedom and empowerment in every way imaginable is more than enough. As stated earlier, these are very exciting times where more people are choosing to take full responsibility and control over their lives and a large percentage are choosing to do that through being a home-based business entrepreneur. Consider the limitless opportunities that this growing movement can provide and be a dream achiever. Cheers to the home-based business entrepreneurs!