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Nine tips on beginning a home based beading business

If beading creation is your hobby then why not turn it into a genuine homebased business. Thousands of people every year quit the 9-5 life in search of the good life, tired of the rat race and looking more for lifestyle than a lifetime of work.

Here are nine reasons why you should look at starting your own beading business too:

1 – If you work form home when you start up your business there is no need for costly rent of a premises or workshop. Begin in a spare room in your house and even as your business grows you may convert the garage into a workshop.

2 – There should be no need to install a second phone line when you get started. If you wish you can use caller ID to vet your calls on your home phone so that you can easily tell the difference between personal and work calls. Also the opportunity now to use Internet telephone services is growing extremely rapidly offering cheap calls and voice mail services with no need for installation costs and line rental.

3 – A few simple hand tools and a selection of basic beads is all that you require to get started. Save the more expensive tools and materials until later on when you have notched up your first few sales.

4 – Keep your own books. Basic software packages available today allow you to easily be your own bookkeeper saving you money until you start to really cash in and can afford your own accountant.

5 – Think how much time you will save working from home. If you’re travelling just 30 minutes each way to work, and most people are doing a lot more than that, you will save 5 hours a week in travel time alone. That’s almost a whole working day that you now have to spend on your business.

6 - One of the great perks of working from home is wearing what you like. No more need to dress up in office gear for appearances sake. Wear tracksuit pants or your PJ’s if you wish.

7 – Flexible hours. Imagine not having to actually be at work at a set time until you are allowed to leave. Running your own home beading business you can set the hours you like.

8 – Do household chores around your work. Ok this might not seem like the most exciting reason to be able to work at home but if you can stick the washing machine on while your at home then stop work an hour later to go hang it out you will find that your weekends become your own again.

9 – Amazing tax breaks. Work at home business can get some great tax breaks. Claim part of your rent, phone, and electricity as part of your tax break. Also any trips you make in the car to go see clients or pick up materials can all become tax deductible. Plus if your away for the weekend and happen to end up purchasing some beading materials or meet a customer on your trip, well that sounds like a business trip to me which should be tax deductible too.