The ultimate working from home guide
So you may find yourself at this page because your are looking for a job that fits in with your life style, rather then a job that rules it. Here is where you can get the facts, how can you earn a living and still achieve a dream lifestyle?
Here is a guide to everything you might need to know about working from home.
What type of work is there for me?
On a basic level there are three types of work-from-home scenarios:
-Totally Home-based business - There are plenty of legitimate work from home businesses out there, but for every good opportunity there are 10 get rich quick scams, the allure of which are hard to ignore. You really need to be savvy when researching and finding the right opportunity for you.
-Self employed contractor - A Contractor can generate income by hiring out professional skills or services. For example a bookkeeper, hair dresser, or Keyboard instructor, this service is generally charged by the hour.
-Telecommuting involves you working from home either on a full time, part time or casual basis, however, you are generally required to communicate with head office via email, phone etc. This is fantastic for people who are not quite ready to jump into self employment, or perhaps people on maternity leave or young children. If you think your job is one that you may be able to convert, talk to your manager, if may end up being a more efficient adjustment for everyone.
Where do I find these jobs?
There are plenty of recruitment websites that offer self employment opportunities. You may also see offers in local newspapers/newsletters, in these cases there may be plenty of legitimate offers, however you have to be aware- there a is sea of dodgy listings out there, so do your research.
Some websites that offer Genuine Work from Home opportunities:
Is working from home really all its cracked up to be?
For many, working from home would seem to be the Holy Grail. Being able to go to your kids soccer games, catch up with people through the week, or simply being freed from a 9-5 constrictive week seems like a perfect scenario. But before you hand in your resignation, you have to be aware, that converting from an office/shop or whatever your situation maybe to a home office is a BIG step. If you enjoy working with a team, and are motivated by other employees, working from home may not be for you. Working from home requires amazing amounts of motivation, discipline and organisation.
Working from home pros
Greater flexibility in your working hours
Greater flexibility and being able to choose your own hours
Independence and potentially not having to answer to a boss
Possibility to enjoy more family time and the ability to structure your day around personal and family commitments.
Tax advantages - you may be entitled to claim office equipment and utility costs
No more commuting! Plus you save tome and your money on travel and parking
Free yourself from office politics and policies.
Work in your pjs!
Working from home cons:
Household distractions and family interruptions
You have to self motivate, and it can be quite lonely
Lack of Technical support
Home and work life have a tendency to merge, making it harder to switch off.
You have to take responsibility for your own productivity.
Work-from-home jobs
Online marketer, Medical transcriptionist, book keeper, telemarketer, payroll officer, customer service, data entry, blogger, trade/professional services. (please stay tuned for a dedicated post!) are just a very few of the work from home possibilities. It all about finding something that you are obviously good at, and importantly, dedicated too- because nobody will be standing behind you, telling you to work harder!
What do I need to start?
Part of the allure of starting up a home-based business is, often the start-up costs are much lower then one who may be starting a brick and mortar style business. Your biggest PRO is not needing to lease a space! Below is a very general start up list. (for more info please see the home office post)
A dedicated office space
a comfortable desk and chair
storage space
A computer, email, and relevant software (e.g accounting, CRM (customer relations management))
A fast internet connection
A dedicated phone line, fax, mobile and answering machine
Find your Market
Finding the right business opportunity can be a job in itself. You need to consider how much time your honestly have to dedicate to your business, and how it may effect you and your family. Research is CRUCIAL! You don't want to go through the effort of starting up the business to find you are trying to succeed in a flooded market, your haven't calculated your costs, or you have signed up for a scam. Particularly in the beggininng stages of your research keep an eye of sights such as MoneySmart, SCAMwatch, and ACCC
One of the biggest tip I can give you, if it seems to good to be true- it probably is. Be wary of situations you have to "pay big money to make money" or get rich quick schemes. Chances are, you will get burnt.