5 Advantages To Running a Home Business

I run my small business from home, and I love it, but it’s not the perfect fit for everyone. There are both advantages and disadvantages to running your small business from home. Today I’m going to focus on the advantages, but I’m also going to present the disadvantages for each.

  1. One of the biggest advantages is working in your slippers if you want to. When you’re not meeting with clients or customers you can hang out in comfortable clothes and your slippers if you want to. I do always try to get dressed for the day when I get up in the morning. I think that sets the tone for the day. When I’m up and dressed I’m ready to get to work. The disadvantage: Sometimes it’s hard to get in a work mode with dishes to do, a pile of laundry staring at you, or your family has other plans for the day. It’s easy to get sidetracked and get nothing done!
  2. You can set your own hours (sometimes). Setting your own hours is usually a benefit, as long as you make sure you set aside some time for work. Don’t just blow it off because you have flexibility. You’ve got to put the hours in if you want to build your business. The disadvantage is you never leave work! It can be tempting to work too much, and neglect your family if you’re not careful, or to let clients take over your down time.
  3. You can decorate your office or work space however you want to. If you want to go all out for Christmas, there’s no one stopping you. If you want photos on your desk, or a coffee warmer, it’s all up to you. The disadvantage (for me at least), sometimes it’s easy to let my office space get cluttered with non office clutter, and to let my office expand into other rooms in the house. It can be difficult to keep things separated.
  4. You don’t have to pay for a separate work space. If you set up an office or a storefront it’s an additional monthly cost to your business. Disadvantage, the same as number 3!
  5. You’ll save big on commuting costs. With gas prices up you can save big dollars each month on gas, wear and tear on your car, and insurance by driving fewer miles and working from home. Disadvantage: Since you are at home it’s hard for others to believe you’re working, and easier for them to try to request things from you during your work time.

If you run your small business from home, what is your favorite advantage?