Pro’s and Con’s of Choosing a Home Business versus a Work from Home Job

Pro's and Con's of a home business versus a work from home job
Home Business versus work from home Job?

When you make up your mind that you want to work from home, the first question that will usually pop into your mind is how do I go about this?, should I start looking for work from home job? or should I start a home business?.

The jury is still out there as to what is the best route to take, for some people it is a difficult decision to make especially if you are coming from a place where you were working outside your home and had a stable income which you brought into your home. What this means is that you already have a lifestyle which you have set up your home and of course choosing to work from home means that you are putting that lifestyle into a jeopardy because you will move from a place of stable income to unstable income or perhaps just one income from your hubby.

In today’s post, I will be comparing the Home business and the work from home Job, the Pro’s and Con’s perhaps this may help some of you who may be ambulating on what route to take.

First of all, before you decide to make the decision of working from home, you must make some certain preparations, I do know some people tend to jump in with both feet to either swim or sink. Sometimes it works and sometimes it doesn’t this is because needs are different and makeups are different.

There will be those who will take the option of choosing to work from home without taking time to plan things out perhaps because they fear that If they take the time to plan things out, they may procrastinate and never make that decision.

While some like to plan their approach, they save up some money to cushion the times they will be taking to build their business from home before resigning from their jobs.
I will prefer that you plan your route before ever you make that decision to quit your job and start working from home, this may mean cutting down on some niceties in other  to save up your money to help cushion your family needs while you build your business or find work from home jobs that will replace your initial income.

This planning ahead of time will help you stay true to what you are working on and prevent you from running into financial stress which may force you to return to your former job.
It is also much easier to run your business or work from home when you don’t have to worry about finances at least for the beginning stage until things kick off.
If you are already a stay at home mom, it makes your decision easier because you may not need to do extra planning since you are already used to living on one income anyway. You may have to perhaps save up some income or initial capital outlay that you will need to start your business though.

Having highlighted the thoughts above here are the pros and cons of starting a Home Business versus a Work from home Job in other to earn your income from home.

Pro’s of a work at Home Job
-You can apply the skills you already have on a job that is immediately available and begin to earn almost immediately once you are able to secure a job. ( often times to shorten this time lapse of looking for a  work from home job, its best to start looking and secure one before you resign your day job)

-You do not have to have an initial cash outlay hence you can start on virtually zero cash except for perhaps money spent on registering on Job sites that specialize in hiring for remote positions.

-You do not need to draw up a business plan or a strategic marketing plan for your work at  home job since you will be trading your skills for money.

-Other people set your targets and there are specific tasks which you are set to deliver and your work is finished for the day. Your work is not continuous till when you are tired as in a Home business

-You get some benefits such as Health insurance if it applies to your job.

-You can choose to take a  holiday if your work is a freelance job meaning you choose when you work and when you don’t.

-Your remuneration is fixed and you know exactly how much you will earn at the end of the month.

Con’s of Work from home jobs
-There are a lot of scam work at home Job sites out there, therefore it takes a lot of time to sift out the genuine ones, this often takes time. To learn about the genuine ones read my post on 10 best sites for work from home jobs.

-There is a limit to how much you can earn per month since you trade time for money, you will have to work for a certain amount of hours before you can earn your desired amount.

-Your income is entirely dependent on the company you work for, meaning that should there be a shift in purpose and you don’t fit in you will lose your job and income.

-Because it takes time to find what works in the work at home job market, you may find your self-waiting for a while without any income at all. What this means is that you situational change is out of your control.

-For the same skills which you may have been paid more when you had to clock into the office, you may be paid less and if you are in a dire position you may find that you are working more for less pay.

Pros of starting a  Home Based Business
-You are your own boss so you can control how much you earn from your business, hence there is no limit to how much you can earn.

-You do not have to clock in with any supervisor so you can set your own time and work at your own pace

-There is no cap on how much you can earn since you can scale your business as it grows and expands.

-You can apply the skills you already have to your new business especially if your home business ties into what was your career before you quit your job to work from home, hence shorten your learning curve in running your business. Time to profit will also be shortened.

-There is freedom of doing whatsoever helps your business to excel without having to check in with a company to see if it fits into their organizational goals.

-You don’t have to look for a job or depend on someone hiring you for you to create your own income, you already have a job so you get on with it.

-You are in control of your own destiny.

Cons of  Starting a Home-based business
-You may need some initial capital to start your business, and because business takes time to grow, it may mean that you will run for a time without any income coming in at all.

-You may not begin to earn immediately you begin to work unlike the work at home job option that you get paid once you start working.

-There is no fixed task that says your job has ended for the day you may find that you are continuously working until you get tired. You are sort of the business and the business is you, this means that you have to be super self-motivated to keep at it until it begins to yield a return.

-If your business should fail, you may have to return to a day job because you will probably need money to foot your bills.

-A home business takes a lot of planning and a strategic input coupled with a lot of marketing before it can take off and sometimes this may take longer than you expected.

-Sometimes you will have to invest resources, money, time and energy to learn how to run your business properly in other for you to see a difference and begin to make a profit.

Advantages and disadvantages of choosing a work from home job versus a starting a Home Business
Pro’s and Con’s of home business versus work from home Job

Having laid out the pros and cons associated with choosing either route when deciding to work from home, I have to say that the good thing about these options is that they can be combined, there is no hard and fast rule that says you must stick to one.

Some people in other to meet up with their financial needs may choose to take a part-time work from home jobs while they slowly build their business to replace their former income.
For some, especially if you are a stay at home mom, you may choose to build your home business slowly while still maintaining the lifestyle you had before until you begin to see profit in your business
For whatever route you choose to take or the combination thereof, what matters is doing what makes it easy to pursue and attain your dreams of being a stay at home mom who is doing what she loves and at the same time taking care of your loved ones.

Do you have any other Pros and cons of starting a Home Based Business versus a work from home Job? drop your comment below

10 best sites where you can find work at home Job options.

Remote Jobs, Work at Home Job
Work at Home Job

In my quest to support moms who would like to stay at home to take care of their kids, I have often encouraged moms to start a home business that suits their lifestyle. While that is my main passion, I cannot say that I am not aware that there will be moms who do not and would not want to start a home business.


Not everyone has the strength to pursue and invest their energies in starting and running a home business in addition to taking care of their kids, hence there will always be those who may just want to get a work at home Job

In today’s post, I will be listing some reputable sites who offer work at home job options. I do know that some sites are prone to scams, it’s the duty of anyone reading my post to take time to research your options before acting on them.

Some of these sites provide other types of full-time jobs in addition to remote job options while some are solely remote job sites or work at home Job sites

I hope you do find what suits you by going through this list, let’s get to it

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1 Working Nomads

Working Nomads is predominantly a Job site that curates job openings that have work at home job options, they make it easy for you to apply because all you have to do is register on their site and you get to choose the different categories where you had like to work in.

Once you do that, you can then choose how often you can receive the emails for Job openings from them.  Enter your email address and you are registered, you have to confirm your email address though before you can start applying, registration is free.

Currently, the following companies are recruiting on the platform: VIPKID, Telereach corporate, Booz Allen and co, Tele Tech Just to mention but a few. These companies were listed amongst the top 100 companies that offer work at home Jobs. So I know it’s not a scam.

2 FlexJobs:

Flexjobs is an online Job curating platform that offers an opportunity to those looking for part time jobs, freelance jobs, telecommuting jobs and work at home job options. They are amongst the highly rated Job platforms because they take the time to scan the employers to be sure they are no scams.

Flexjobs is fitting for anyone who wants flexibility in their job schedules and also would love to work from home or telecommute. They cater to people from different levels of career from low-level jobs to professional career jobs. In accessing their job sites they promise, professionalism, the legitimacy of job offers and flexible work options, that’s why they are called flexjobs right?

Flexjobs is also named amongst the top ten sites that provide work at home job options. To access the site you have to pay a fee, their fees range from 14.95/month to 49.95/ year. The good thing is if you are not satisfied you can ask for a refund.

Flexjobs caters for parents who need flexible jobs due to child care, to retirees who want to work on their own schedules, and also spouses of military personnel who have to move at any time, people looking for second work options to supplement their income. Stay at home moms who want to utilize their skills in other ways. Click here to see current listings.

3 Skipthedrive

Skipthedrive is an online Job portal that lists work at home job options, they do not require registration of any sort and they do not also collect any fees from their users. They offer a ton of resources for work at home jobs and also makes it easy for you to begin your search. They also offer Job application tracking.

Amongst the Top companies that hire them are Amazon, Aetna, Apple, Google, Xerox, American Express.The platform is categorized into different career groups for ease of search and use. Click here to learn more



4 Virtualvocations:

Virtualvocations is also an online job curation platform that offers telecommuting job options or Work at home Job options, They tout to have hand screened all their offers to ensure that you get a real work at home job without scams. Registration is free but they also have a paid option if that’s what you seek.

Top companies using them include VIP desk, Red visions, Appen, Lionbridge, Linode. Click here for currently open positions.

 

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5 Outsourcely:

This is an online job platform that offers remote and Work at home Job options to people around the world. Registration for those seeking for jobs is free. It’s a platform that gives the opportunity to start up companies to find great talent around the world for free.

They feature about 180+ countries. If you are looking to use their platform all you need to do is to sign up and create your profile on the platform and wait to be discovered or you can apply to actively open positions and set up an interview with the companies. Once hired, you get paid and you keep  100% of your pay, you don’t pay any commissions for the job you get.

They provide interactive communication features between the remote workers and the companies they use via instant chat messages, live video interviewing platform, direct emails,  and voice messaging.

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6 Indeed.com

Indeed.com is an online Job site just like the above-mentioned ones, the only difference is that it’s not solely dedicated to Work at home Jobs. It has a section that is dedicated to that aspect though, you will have to type in the keyword work at home for you to find what suits you.

7 Glassdoor

Glassdoor is an online Job portal where people can search for jobs, however, it is not dedicated to work at home Job options or remote Jobs alone. If you desire Work at home Jobs, you will have to diligently search for it. The good thing about the site is that you have a ton of resources to help you make a decision; from salary ranges for your job type to resources concerning what is the average that your state pays for that job, that way you are better able to make an informed decision while negotiating our pay.

Through their company review system, you can see which companies are the best and which one is not doing so well. A good thing to note before you accept an offer.You need to register with the site to be able to use their site. They have tons of info that will make your search worth it.

8 Remotive:

Remotive is an online platform dedicated to connecting companies to Talents who want work at home Job options or work remotely, it offers a variety of options in the job search. In checking out their various available jobs I found that it indicates if the Jobs being offered are for the US only or otherwise. That way people who are international searchers will refrain from applying. You may need to register with the site so as to get good job leads every week.

9 Remote Ok:

Remote Ok operated much like remotive, they feature lots of opportunities that are solely dedicated to those who want to work from home or remotely. They are able to categorize their jobs into different industries to make it easier for you to apply.

10 we work remotely:

This also an online Job site that charges the employers who will like to list their jobs so as to keep it free for people looking for jobs. They post jobs that are not restricted to a specific location so as to make it easy for employees to apply. Majority of their Jobs are Tech jobs just a fees are nontech so keep that in mind while applying.

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Do you have more ideas about work at home Jobs? leave a comment below.