Building Your Business Operations & Success 9 Reasons to Start a Business From Your Home By Mindy Lilyquist Mindy Lilyquist Mindy Lilyquist is an experienced marketing professional. She is the founder and creative director of Epiphany Marketing Management, serving small businesses since 2007. learn about our editorial policies Updated on September 13, 2022 Fact checked by Hans Jasperson Fact checked by Hans Jasperson Hans Jasperson has over a decade of experience in public policy research, with an emphasis on workforce development, education, and economic justice. His research has been shared with members of the U.S. Congress, federal agencies, and policymakers in several states. learn about our editorial policies In This Article View All In This Article Control Over Your Schedule Work & Life Balance Do Something You Love No More Commuting Control Over Income Tax Benefits Control Over Your Work Attire No Boss More Opportunity for Growth What is a small business and why it matters. Photo: Hero Images/Getty Images Starting a full or part-time home business is a major decision that requires research and planning that can seem daunting. But before you put off or dismiss doing it, consider these reasons why you should work at home. You have control of your schedule when you work from homeWork-life balance is easier to achieveYou might be able to do something you enjoyCostly and time-consuming commutes will be a thing of the pastOpportunity to switch between job types, adding variety to your work Control Over Your Schedule Being in charge of your day is one of the biggest benefits of working from home. You can set and customize your work hours to meet the needs of your life. Do you wish you could take a power nap in the middle of the day? You can as a home business owner. Do you do your best work late at night? You can schedule your work time then. However, this freedom can also bring with it distracting temptations and the risk of procrastinating on work-related tasks. You'll want to make sure you have the right entrepreneurial traits and a good daily organizational plan to handle this new responsibility. If you have a family, a partner, or have roommates, you'll have to ensure that your home environment is conducive to the work environment you need. 2:06 6 Digital Skills Guaranteed to Get You Hired Work & Life Balance If you feel like your job is taking up too much time, having a home business could be the solution. Having a flexible schedule means you can make time for your kids and family, if you have them, or pursue other personal interests. If you want to homeschool while running your business, you can. Note Balancing work and life at home can be challenging if certain rules and standards are not set and followed. Continuous interruptions from your children, for instance (while welcome and a good way to take a break) can cause you to lose quite a bit of work time. However, achieving a work/life balance does take some planning and time management. In some cases, you may still need to arrange for child care. Make Money Doing Something You Love One of the best aspects of starting a home business is being able to turn a hobby or a passion into income. In fact, you're more likely to achieve success if you focus on pursuing your passion for profits when starting a home business. No More Commuting Working outside the home not only takes a lot of time, especially if you have a long commute, but also job-related travel expenses. In 2019, Americans spent an average of $2,094 ($174.50 per month) on gas. Cutting down on a daily commute would put some of that money back in your pocket. Other expenses many don't consider are tolls, wear and tear on the car, and more frequent tune-ups. Control Over Income Many people choose not to start a business because they worry about making a consistent, livable income. While the potential ebb and flow nature of running a home business is something you need to consider, the reality is that a home business can allow you to earn what you're worth. As a home business owner, you set your own income goals, as well as your own product or service prices. As long as you do the work that needs to be done, such as drumming up new customers and marketing your business, you're likely to make a profit. Tax Benefits A big perk of working for yourself is the tax advantages not given to employees. You can write off equipment, supplies, services, and even a portion of your home or car if it's appropriate. Further, when you have a home business, you can deduct your expenses first and pay taxes on net income. With that said, it's important to learn about home business deductions, reporting, and when to pay to ensure you're following proper tax laws. Ideally, you should consult a tax expert. Control Over Your Work Attire No more blazers and dress pants. No more ties or pantyhose. You can wear whatever you want in your home office. If you're most comfortable and inspired in your fluffy bathrobe, you can wear it every day if you want. No Boss A home business is ideal for someone who doesn't like to be told what to do. You can do the work in the way you feel is best. Further, home business owners don't have to feel guilty for showing up late (unless of course, it's to an appointment). There's no having to ask for time off or calling in sick. There's no one looking over your shoulder to make sure you're working. Note Being your own boss and working from home requires a level of self-discipline that takes time to cultivate. If you are just starting out, and tend to procrastinate, take it slow at first to allow yourself time to get used to it, if you are able to. More Opportunity for Growth and Variety Too often, employees end up feeling stuck in their jobs. In a home business, even if your day-to-day tasks are relatively similar, there are many opportunities to mix things up more. You can work from a different location, change your schedule, or re-prioritize the order of the tasks you have to do. Starting a business does require more initial investment than traditional work, such as gaining a working knowledge of basic accounting practices, marketing, and money for the equipment you need. To stay competitive, you'll want to continue to study, grab some certifications, and keep abreast of current trends in your industry or small business management. In essence, you design your day and what you do, which allows you to expand and grow your skills and your business. Was this page helpful? Thanks for your feedback! Tell us why! Other Submit Sources The Balance uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Read our editorial process to learn more about how we fact-check and keep our content accurate, reliable, and trustworthy. U.S. Bureau of Labor Statistics. "Consumer Expenditures—2019." Accessed Feb. 23, 2021. Internal Revenue Service. "Deducting Business Expenses." Accessed Feb. 23, 2021.