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The Benefits Of Having Your Own Small Business

February

3rd

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The unemployment rates in Western countries are going through the roof with companies laying off staff as they struggle to cope with the current financial turmoil. Losing your job or being made redundant is rarely a happy event however when it becomes a reality there is only one way that we should be thinking; in a positive manner. I know that this is easier said than done however feeling sorry for ourselves will not help the situation.

I was made redundant from a financial services corporation when I was aged twenty-two. Due to the fact that I was quite young, the fact that I did not have any children and due to the fact that I did not have a mortgage or any other debts; I was not actually that depressed about the situation. I have to admit that I was not particularly enjoying the role that I was in. It has always been my goal to run my own business and this was a great opportunity for me to do this. Being made redundant turned out to be a blessing in disguise; I would probably have left the company within a few months in any case but this way they were actually paying me a redundancy package to leave!

I decided to use this windfall to start my own home based business. I was going to run one-to-one stuttering therapy courses to help people to achieve fluency. I am a person who has managed to successfully overcome a stutter and I therefore felt that I had something to offer.

Working from home has many benefits as I have found to my own benefit. These include being your own boss and therefore not having to answer to other people. Choosing your own hours, choosing the amount of hours you work and the amount of holidays that you have. As an example instead of working nine to five and having to spend a further two hours travelling through the rush hour traffic, this is no longer an issue. This travel time is basically time wasted. I am a person who prefers to work late at night and at times early in the morning when the world is seemingly at its quitest.

Working from home now allows me to go to all of the important events in my children’s lives. For example attending their school sports days, the christmas play, parents evenings, the visits to the dentists. People who are “employed” have to miss a number of these events due to a lack of holiday time or a lack of flexibility at their work.

I now have partnerships in other business ventures including one offering affordable front doors from a leading composite door company and one offering cheap hotel deals.

I would recommend other people to set up their own small business and to work from home, you need to be self-disciplined but the benefits are huge.