One reason that so many people want to work from their homes is that there is no need for a substantial financial investment to begin an online business. What you can do to make money from niches?
One doesn’t need to invest heavily in product development. Those who have expertise in almost anything can start by simply writing an e-book and promoting it or obtaining a website and promoting products that are produced by others. Think of the people who support products that are provided by others like the modern version of the old door-to-door salesman except instead of knocking on one door at a time they knock on the doors of millions of people at the same time by way of the Internet.
Another important reason that draws people to a work-at-home job or small business is the fact that they don’t need to incorporate. A sole-proprietorship does nicely. One person working from one computer these days can accomplish the same things that once required many people working many hours to achieve. A sole-proprietorship business isn’t required to file separate tax returns or pay any individual taxes on income that is earned in the way that a corporation, an LLC, or even a partnership business is required to do. The taxes levied on a sole-proprietorship company are just for personal income.
The Internet isn’t called “The Information Super Highway” for nothing. A person can make a very good living selling nothing but information on it. The populations of every industrialized nation in the world have learned that if you want to know anything about anything, you get on a computer and ask the question. They have also learned that you must pay for unique information, and they are more than willing to do just that. A person who has specialized knowledge of a subject and could be considered a ‘guru’ has a market for selling that information on the Internet. All that needs to be done is to set up a website, publish the data, advertise and sell the data. It’s a wonderful concept, and information is a wonderful commodity. There is no inventory to maintain and no shipping or handling costs involved to deliver the product. Everybody gets what they want. The seller gets paid for providing information to a person who wants that information. Everybody is happy.
There are so many advantages of working from home for the individual as well as for owners of large businesses that it is indeed the way that ‘work’ will be done more and more in the future.