Today, more and more corporations and employers are contemplating it for its cost reduction potential and of course, there is always the outsourcing trend which has its say in decision making.
A Word of Advice
The ultimate attraction to work from home is the freedom and ability to work from the comforts of your home and still being able to have a good lifestyle. However, those considering this option should evaluate whether it is the office monotony or some other compulsion which has brought them to the threshold. Working from home may appear all too rosy but it is not without its share of impediments. Motivating yourself is one big challenge; probably bigger than having to deal with colleagues and bosses in office, if you forget the domestic chores which often distract and spoil concentration. Another critical issue to consider ahead of choosing to work from home is self-discipline which you can check back from past experiences to evaluate whether you are strong there.
Although working form home is not a new concept, not many are aware of the changes it can bring about in your lifestyles which many have found as disrupting their familial relationships.
Obviously, rewards for working from home include fringe benefits like not having to commute to office, ability to tend children without having to ask for permission in addition to being your own boss, leverage tax advantages and have better control over your personal lives. However, many others, who have business instincts, perceive this as a stepping stone for creating a larger business.
Preparing and Choosing Your Work from Home Business
For women, natural choices such as tailoring, childcare, catering etc still hold the same promise as they did. Unlike earlier, appropriate licenses are required as they are connected to public safety and health. Preparation to work from home requires investments on infrastructure, safety, communication and legal compliances. For instance, the downside to childcare or catering work are the need for sufficiently large setups, such as a house with a finished basement or cooking and serving paraphernalia in case you are to make a decent income.
Your preparation to work from home involves a lot of, what is known as, back office work such as doing market research, analyzing your competition and factors that determine the price for your type of work. Although this may not apply to those telecommuting employees, you will find the competition hard to crack without any knowledge of these aspects. Finally, you may need to designate a space at home for your work; a separate room dedicated for your work would be better.
For those with excellent writing, editing skills, writing or editing work is the first choice. Medical transcription is another topnotch choice for typists having knowledge of medical terminologies and trained specifically for transcription. Initially, you can expect your workload to be on par with the workload for day job employees depending on your marketing skills, past experience and ability to meet deadlines amongst other aspects. If you are diligent, you can grow your work from home business into a large business.
Although not rampant, day-in and day-out, we keep hearing about work from home scams which are basically in the internet arena. You should exercise much care in choosing your work. Secondly, no matter whether you are working as a freelancer or a telecommuting employee, it is prudent to have an agreement with clients/employers that details the terms and conditions.
The author of this article, specializes at working from home, by showing others how to achieve financial freedom. A short video presentation of a UK home based business opportunity for UK residents can be viewed at http://www.chooseyourfuture.co.uk - this opportunity is not to be missed.