In the last two years the national economy has taken a terrific shock. Not only have we experienced a large boost in unemployment, but we have had governmental expenditures at exceptional levels. For those of us over forty, our fear for our retirement is now extending into the solvency of Social Security.
It now is extremely likely that this unfunded government responsibility will be being paid to us with inflated dollars. Being such a large government liability, it might be anticipated that any COLA (cost of living adjustment) would not be keeping up with the genuine inflationary increases. This would have the apparent effect of reducing the worth of our Social Security retirement.
During the term of President Carter, the government removed energy and housing from the COLA formula. These have been the two largest inflationary things in our economy. The present Social Security payments are significantly lower than they would have otherwise been. This type of future government exploitation can be probable.
The extent of the existing unemployment has had the psychological effect of generating an inconceivable amount of insecurity in those who have been lucky enough to sustain their employment.
It would appear from all of the above stated reasons it would be a very prudent decision to add another stream of income to the family budget. And as compelling as this information is we many times do not take into account the compensation of having an in home business.
Aside from removing our insecurity regarding our future income capabilities, having an in home business has a huge number of rewards.
With the current revenue of 156 billion dollars being generated on the internet, and the unlimited earning potential, an in home business can be started for the price of a computer and some filing cabinets.
Normally you can begin an in home business on a part time basis and develop it into a full time income.
1.Once full time earnings is developed, and you begin working at home on a full time basis, the U.S. Federal Highway Administration indicates the average American spends 348 hours each year commuting. This is like adding 15% to your available work time and a large savings in auto expenditure and daily lunches.
2.You are no longer dependent upon an employer or governmental activity in regard to your and your family's potential.
3.You are now a master of your own fate. You no longer need to worry about company politics, wages, or unfair termination.
4.Although you will originally have a remarkable amount of tax benefits, as your business grows, these reimbursements can be quite an benefit. We would suggest you speak to a tax attorney for the latest rules and regulations. Being able to pay your children in pre tax dollars is a great way to generate a college fund.
5.Working on the internet is quite different than a brick and mortar business where you have client sales contact, customer service and problems with accounts receivable. Most of the procedures on the internet are exceedingly automated. Once your procedures and promotional actions have been put in place, you should have considerably more free time for friends and family.
6.You definitely will have no need to find any other creative outlet. The countless number of methods, products, and promotions is quite motivating as well as stimulating.
For some tax advantages you may not have considered, we have a 19 page FREE PDF report on our website that more completely spells out the advantages of starting an internet business.
After making the decision to start an internet company, the next most important judgment facing you will be the area in which you will become involved. It should be an area in which you have an interest, knowledge, and hopefully a passion. The niche you choose should be big enough to sustain a constant stream of new customers, but not so large as to have an excessive amount of competition.
Our particular area is healthcare. Large portions of the national as well as your family budget are being used in the healthcare area. At this time 70% of all searches on the internet are healthcare related. In addition, there is no additional area of the economy that is growing as quickly. People will skip many of their other requirements of life to satisfactorily care for their health. For more complete information, our free report is on the home page of our website.
It now is extremely likely that this unfunded government responsibility will be being paid to us with inflated dollars. Being such a large government liability, it might be anticipated that any COLA (cost of living adjustment) would not be keeping up with the genuine inflationary increases. This would have the apparent effect of reducing the worth of our Social Security retirement.
During the term of President Carter, the government removed energy and housing from the COLA formula. These have been the two largest inflationary things in our economy. The present Social Security payments are significantly lower than they would have otherwise been. This type of future government exploitation can be probable.
The extent of the existing unemployment has had the psychological effect of generating an inconceivable amount of insecurity in those who have been lucky enough to sustain their employment.
It would appear from all of the above stated reasons it would be a very prudent decision to add another stream of income to the family budget. And as compelling as this information is we many times do not take into account the compensation of having an in home business.
Aside from removing our insecurity regarding our future income capabilities, having an in home business has a huge number of rewards.
With the current revenue of 156 billion dollars being generated on the internet, and the unlimited earning potential, an in home business can be started for the price of a computer and some filing cabinets.
Normally you can begin an in home business on a part time basis and develop it into a full time income.
1.Once full time earnings is developed, and you begin working at home on a full time basis, the U.S. Federal Highway Administration indicates the average American spends 348 hours each year commuting. This is like adding 15% to your available work time and a large savings in auto expenditure and daily lunches.
2.You are no longer dependent upon an employer or governmental activity in regard to your and your family's potential.
3.You are now a master of your own fate. You no longer need to worry about company politics, wages, or unfair termination.
4.Although you will originally have a remarkable amount of tax benefits, as your business grows, these reimbursements can be quite an benefit. We would suggest you speak to a tax attorney for the latest rules and regulations. Being able to pay your children in pre tax dollars is a great way to generate a college fund.
5.Working on the internet is quite different than a brick and mortar business where you have client sales contact, customer service and problems with accounts receivable. Most of the procedures on the internet are exceedingly automated. Once your procedures and promotional actions have been put in place, you should have considerably more free time for friends and family.
6.You definitely will have no need to find any other creative outlet. The countless number of methods, products, and promotions is quite motivating as well as stimulating.
For some tax advantages you may not have considered, we have a 19 page FREE PDF report on our website that more completely spells out the advantages of starting an internet business.
After making the decision to start an internet company, the next most important judgment facing you will be the area in which you will become involved. It should be an area in which you have an interest, knowledge, and hopefully a passion. The niche you choose should be big enough to sustain a constant stream of new customers, but not so large as to have an excessive amount of competition.
Our particular area is healthcare. Large portions of the national as well as your family budget are being used in the healthcare area. At this time 70% of all searches on the internet are healthcare related. In addition, there is no additional area of the economy that is growing as quickly. People will skip many of their other requirements of life to satisfactorily care for their health. For more complete information, our free report is on the home page of our website.