A home-based business is any enterprise for which the principal administrative and managerial activities take place within an individual's personal residence. People start home-based business ventures for a wide variety of reasons. Whatever the reason, home-based businesses have become a significant trend in recent years. Once viewed as a way for an unemployed person to make some money until a"real" job came along, home-based businesses are now taken much more seriously. In fact,an estimated 40 million Americans now work from their homes. This number includes employees working from home for a larger employer as well as self-employed and two-thirds of all home-based business owners are women.
Running a business out of the home offers a number of advantages, including time savings, control over working hours and conditions, independence, and flexibility. Starting a home-based business is also considerably cheaper than starting a business in rented facilities. In addition to saving money on overhead expenses, commuting costs, and wardrobe expenditures, many home-based business owners can deduct a portion of their rent or mortgage interest from their personal income taxes.
There are also several disadvantages to home-based businesses, however, including uncertain income, reduced benefits, isolation, and distractions. In addition, home-based business owners, like other self-employed individuals, must be able to handle all sorts of business-related tasks, like bookkeeping, billing, marketing and sales, and tax compliance. Still, home-based businesses do tend to be more successful than other types of small business ventures. According to the editors of Income Opportunities magazine in their Home BusinessHandbook, only 20 to 25 percent of home-based businesses fail within five years, compared to a failure rate of over 50 percent for all small business ventures. [www.uslegal.com]
BlogFam, think for a moment about your home-based business. Before you say, I do not have a home-based business as defined above. And you most certainly may not have a legally existing home-based business, but I want you to know that we all have home-based business. We all have business at home that we face and even avoid every day. Now, you may not want anybody to know about your home-based business and you may not invite others into your home-based business. But I can guarantee you that we all have it.
What kind of business are you running behind the closed doors of your home? Name the advantages and disadvantages of living in your home. I know what kind of front you put on for the public but how do you really feel when you drive up to your address? What kind of issues, challenges, or changes are you facing in your own home? Are there assignments yet to be done? Describe the conditions of your home –physically, emotionally, and spiritually. Are you handling your home-based business in ways that are Christ-like and consistent with the witness you project in the public? Or are you fronting for us and living in fear, praying that no one ever really knows the true condition of your home?
Think for a moment about YOUR home-based business. I know you are fully aware of the business that is being carried out in the homes of your neighbors’, your cousins’, your co-workers and even your church members. BUT is your own business being handled? I know you know the intimate details or at least you think you know what is really going on elsewhere, but is that because you do not want to deal with your own business? Could your desire to possess the knowledge regarding the conditions of others home-based business be a concerted effort on your own part to avoid dealing with realities that your own home-based business is falling apart? Friends, we all have home-based business. We all do. And it is time for us to handle our business!
So, now the question is this: What is the true condition of your home-based business? As you think about the status of your home-based business, read our scripture for today and ask yourself –Does my home-based business fall within these biblical guidelines? Is this the way I handle my own business?
Myson – and daughter, do not forget my teaching, but keep my commands in your heart, 2 for they will prolong your life many years and bring you prosperity. 3Let love and faithfulness never leave you; bind them around your neck, write them on the tablet of your heart. 4 Then you will win favor and a good name in the sight of God and man. 5 Trust in the LORD with all your heart and lean not on your own understanding; 6 in all your ways acknowledge him, and he will make your paths straight. 7 Do not be wise in your own eyes; fear the LORD and shun evil. 8 This will bring health to your body and nourishment to your bones. 9Honor the LORD with your wealth, with the firstfruits of all your crops; 10then your barns will be filled to overflowing, and your vats will brim over with new wine.
My sistas and brothas, today, I pray that you would handle your business – at home! I know that you have it all together, by all appearances to us, but I pray that on today, your façade on the outside would match the reality of your home-based business on the inside. I pray that on today, you would re-commit yourself to keeping the commands of the Lord in your heart. I pray that you would refrain from any words or actions that are not loving and faithful. I pray that you would refer all matters of your business to the care of the Lord and reverse any decisions you have made that were made based on your own understanding. I pray that your reverence for the Holy would be felt as you enter and exit your abode and I pray that all evil would be repelled. I pray that your financial resources would abound because of your obedience. I pray that the blessings of this Scripture would repeat themselves in your life until you overflow and I pray that your home-based business would be replete with God’s unmatchable favor!
BlogFam, it’s time! Handle your business!
Black HistoryMonth - Quote of the Day:
I am not tragically colored. There is no great sorrow dammed up in my soul, nor lurking behind my eyes.... Even in the helter-skelter skirmish that is my life, I have seen that the world is to the strong regardless of a little pigmentation more or less. No, I do not weep at the world - I am too busy sharpening my oyster knife.
~Zora Neale Hurston, How It Feels to Be Colored Me, 1928
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