Self-employment figures have risen sharply over the years, with many people deciding to work for themselves rather than for an employer. This is something that has enabled people to enjoy doing something they love, earning a good income, and shaping their own future. There are many jobs you can do remotely from home these days, and remote work productivity has proven to be very good.
There are many reasons why self-employment is such a great idea, and there are lots of benefits you can look forward to. This is why so many people these days decide to take the plunge and work for themselves. The type of work you do should be based on your interests as well as your capabilities, skills, and qualifications. This means you can do something you enjoy as well as being able to earn a living. In this article, we will look at some of the benefits of becoming self-employed and working from home.
So, what are the benefits of being self-employed and working from home? Well, there are lots of different ones you can look forward to, some of which are:
Testing the Waters
One of the benefits of starting up your own business from home is that you can test the waters. Most people cannot afford to have little or no income, so ditching your day job and taking the plunge in one go may not be viable. However, if you set up a business from home, you can continue with your normal job and run your home business part-time while you test the waters and get it off the ground.
Increased Earnings Potential
When you work for a company, you are limited with regard to your earning. Most people are on a set salary and even with bonuses, there may be limitations in place. Working overtime can help to boost your income, but overtime is not always available. When you become self-employed, you can put in the hours and work in order to increase your income, and you will be earning money for yourself, not for the fat cats of the company you are working for. See more on keeping your hard earned money on our alternative office options page.
More Freedom and Flexibility
Working from home as a self-employed person also means you can enjoy far more freedom and flexibility. You have more freedom when it comes to the hours you work, you can take time off to suit your needs, and you don’t have to worry about being turned down for annual leave of times off for emergencies.
Better Work-Life Balance
Finally, being self-employed and working from home means you can enjoy a far better work-life balance, which many people miss out on these days. You can look forward to spending more time with loved ones, as you won’t have to waste time traveling to and from work each day. In addition, you can schedule your own hours.
These are just some of the many benefits you can look forward to when you are self-employed and work from home.
Did you know that by forming an LLC you’re dramatically increasing your liability protection by creating a separation between yourself and personal assets (aka you home)? This can be filed on your own or through any good LegalZoom alternative.
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