The Right Home Business Model
There are more business models to choose from today
than ever before. That is because there are no so many
different types of businesses.
You can start a full time, part time, at home or
totally mobile, online or brick and mortar in a
But each business requires the right kind of business
model, including the home business.
The key is to choose the business model that fits into
your plans for your business.
The right home business model will ensure that you
spend the right amount of hours each week, that you
take the right level of risks, that you are practical
in terms of your finances and that you gain the kind
of satisfaction and success that you can dream of.
First decision you have to make is how much time you
want to devote to your business. Will you decide to go
with a full time business model which means leaving
behind whatever it is you are currently doing and
devoting all your time to your new business venture?
A home business has many upsides to it. There are
usually less risks and a lower start-up cost than a
brick and mortar business, simply because you do not
have the expense of real estate, staff, etc.
Home businesses are easily scaleable. You can make
them as big or small as you need them to be and you
will have virtually no commute. You can outsource to
keep things simple. You can hire companies to do your
public relations, warehousing, shipping and even