August 11, 2011

Home-based business

What is Home Based Business?

Home-based business (HBB) is a small business that operates from the business owner's home office (Wikipedia). In addition to location, home businesses are usually defined by having none or a very small number of employees, usually all immediate family of the business owner, in which case it is also a family business. Home businesses generally lack shop frontage, customer parking and street advertising signs.

The prospect of working from home as gained credibility over the years. Home offices can now compete with small commercial businesses and save on rent in the process. Faxes, high speed internet connections, dedicated home telephone lines, and cell phones help to make a home-based business a reality. Earlier home businesses had been where families lived on the second floor of their house while converting the first floor into a store, whereupon close of business they would secure the first floor and retire to the upper floors.

This concept today has been used for making money online as you would literally need little space to take paid surveys, blogging and other online business such as affiliate marketing.

There are many Home based Business opportunities out there and I would warn you not to have high expectations of getting rich quick, just be patient, consistent and smart and money will follow.

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