Home Based and Loving It
One of the fastest growing trends in the United States is the number of home based businesses. In fact, over half of all the US businesses are operated out of personal residences. This is a really incredible number to contemplate, though the internet has a lot to do with the growth of the home based business industry.
The entrepreneurial spirit is alive and well, and you may be one of those people ready to enjoy the many benefits of working for yourself. But even a home based business normally requires an initial capital investment. You need office equipment, maybe some product inventory, and enough money in the bank to cover at least 6 months of expenses. Where do you get the money?
If you have an annuity making long term payments, you have a great source of funds for your home based business. You can sell all or part of your annuity payments and get the cash you need for your business start-up costs in addition to creating a savings account. If you only sell part of your annuity payments, then you also continue receiving monthly payments as you build your business.
So if you see yourself as a home based entrepreneur, then maybe it’s time to make the picture come true!
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The fastest growing franchise this month, after all, can be old news by next month. If you start a franchise business, you are responsible for the cost of your shop, but you are not in charge of its success or failure.
Comment by fastest growing home business — September 26, 2008 @ 7:55 am