Working from home is no longer a subject we tip-toe about. It’s not an unknown quantity. A growing amount of people are starting to work entirely from home and even more have some kind of hybrid job where they spend time in the office and time at home. There are all kinds of reasons why you should work from home, but we’re going to look at a different question. What’s the way you should go about it?
The business method
Setting up your own business is perhaps the most demanding way of working from home. You have to work on your brand, you have to be able to manage all your own resources and your own time. You have to keep close accounts. If you’re selling your services, you have to compete with a great website and spend a lot of time working on leads. However, there are businesses that are a bit easier to set up. Buying-and-selling online might still take a lot of time if you want to see a profit. But there are tools like free eBay listing templates to help with using pre-existing marketplaces and online inventory management systems to help you keep it all organized. You are at your most liable and responsible when it comes to running an online business. At the same time, you also stand to gain the most in return.
The freelancer method
Branding is just as important to a freelancer and the line between a home business and a freelancer can be blurred. Most of the time, however, freelancers depend on the growing demand for outsourced services for pre-existing businesses and industries. For that reason, freelancers see a lot of potential in B2B models, such as providing web design, marketing, writing, photography, and other such services to businesses. You can step in as a subcontractor to a larger company, or move on to managing clients directly. However, freelancers have to be just as hungry as businesses when it comes to finding leads. Otherwise, it can be easy for work to dry up completely.
The employee method
When you’re working as an employee under a long-term contract with a business, then you don’t have as much potential to make money as a freelancer or a home business owner. The greatest benefit of working remotely for an employer, however, is the contract itself. You don’t suffer as much from the possibility that work could dry up for no reason at all. You have some security and you might also have access to a set path of progression that can help you advance up a company. This includes access to training from your employer and the other benefits you would have to otherwise take care of yourself. You might never get rich as a remote working employee, but you might have a better chance of remaining securely employed.
Each method of setting yourself up from home has its own benefits and its own difficulties. It’s all about finding out what working arrangement works best for you. Could the flexibility of freelancing be the ticket? How about the certainty of remote working? Or the sheer potential of running your own business?
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