,

Contact a Free Franchise Consultant

Work-At-Home Franchise Review

Work-At-Home Franchise Opportunity - Work-At-Home Franchise Business for Sale

Another brandEXPANSION Project

brandEXPANSION

Work-At-Homes

Working From Home Can Save Money

Quite a number of people look for home-based business opportunities because they want to stay at home for some reason or the other. Here, work-at-home franchises and concepts that allow home-office facilities come as the perfect answers to their prayers. There are various advantages of being in a home-based business. First and foremost is that you can be near to your family all the time. Secondly, you get rid of the hassles of traveling to your workplace. Home-based businesses are also quite popular option among people with disabilities i.e. who cannot go out for work. Add to that several financial benefits and you’ll see why it can be an appealing way to make a living.

There are primarily two kinds of benefits of working from home. First is the cost-saving. With property prices soaring, renting or leasing a property today pushes the start-up costs dramatically. But, when you go for a home-office, there is no such problem and you can start your business with much less capital. In addition, you do not have to make any major renovations, saving you another bundle of money! At the most, you need to buy some office furniture. What’s more, there is no question of installing phone-lines or redesigning the electric-line for your home-office; and your home computer can double up as office computer for the first few months! Practically, the costs incurred under setting up of an office are cut down to 1/3rd when you have a home-office. It also cuts precious time needed to start your business, as you do not have to look around for a property.

Now, the second benefit of home-based businesses is tax benefits. You can claim almost every single dollar you spend on your home-business as tax deductible. But at first, you are supposed to qualify as a home-based business-owner. For this, the area your house that you are claiming as office should be “exclusive” and “regular”. This means that you regularly work from that place, you do not have any other place that you call office; and in that part of the house, personal use is secondary to professional use. If you fulfill that IRS condition, then you may claim the following benefits:
• Telephone (for a business-only line)
• Electricity
• Mortgage Interest
• Home Insurance
• Property Taxes
• Rent
• Expenses for maintenance and repair

Apart from these, you can also get tax deduction on the office furniture, provided you used it solely for office purposes. The money you had spent on entertaining business contacts can also be claimed as tax deduction. If your spouse and children are helping you with your business, you can show them as employees and get further deductions.

As always, tax issues change frequently and include a million caveats, so make sure to talk to a tax professional before you deduct your home office expenses.

To find a suitable home-based business, contact brandEXPANSION.

Request More Free Information

All fields are required.
Notice: Please be assured the information you give will only be used to provide you with franchise or business opportunity information and will not be distributed for ANY other purpose.

First Name
Last Name
Home Address
Home State
Home Zip
Home Phone
Email
Confirm Email
Best Time to Contact
Liquid Capital to Invest
My Time Frame
Need Capital? I would like to know how to use my 401K and IRA assets to start a business tax and penalty free! No
Yes
I would like to be pre-approved for a small business loan of $25,000 - $2,000,000. No
Yes
I would like to receive the brandEXPANSION Newsletter
I certify that:
* The above information is correct;
* I am requesting information on the purchase of a franchise;
* I am a potential franchise buyer; and
* I understand that brandEXPANSION has a strict policy against submitting fraudulent information.