Six Reasons to Keep Your Job While You Launch Your Home - Based Business.

Keeping your job:

1) Eliminates most of the fear associated with launching your home-based business. Feeling like you have nothing to lose by starting your business because you are still working and maintaining a steady income can help by allowing you to give your business the patience and due diligence it deserves.

2) Reduces the pressures, money-wise, to get the results you would need if your business was the only source of income. By doing this you will be able to spend time focusing on the quality of your business and it's products.

3) Allows you to maintain health insurance, 401k's, sick/vacation leave, This will be very helpful until you're settled into your business and can provide yourself with insurance and a retirement plan.

4) Allows you to pay for living expenses (rent, car payments, etc.) with a steady source of income from your job, while your waiting for profits to kick in. this also allows you to use the money from your business to help establish it further or put it into savings for when you do leave your job to make the transition smoother.

5) Offers you tax benefits. A small business can write-off bad debt losses if it meets nominal requirements.Taking advantage of writing off early losses against your income from your business can be very beneficial to you as a business owner.

6) You will be more successful when obtaining a loan from the bank if you are currently employed and have a steady source of income.

Gabrielle Gray
Website: http://www.356money.com
Email: gabigray356@yahoo.com

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