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Home Based Business as an Option for Entrepreneurs

Home-based businesses, which simply refer to work that could be done in the comfort of home, are continuously increasing in popularity (or maybe I wasn’t just paying attention before). The fact that you’re searching for this subject matter – and have come across so many sites on home business – attests to that fact.

Home business, of course, doesn’t have to be confined to homemakers. It could be a sideline while doing a day job. This has empowered mothers – whether those who have been homemakers from the start or those who had to quit their day jobs for parenting or other reasons. The work or business is output-oriented, which means it could be done at home. We’ve done employment structures where the workers are, well, based at home.

The popularity could be attributed to a number of reasons, including the boom of business process outsourcing (BPO) and the insanely wonderful advances in internet connectivity. There are so many persons and companies – and internet sites – that cater to this growing trend. The problem, however, is the proliferation of many internet scams that target those who are looking for home-based businesses.

Foreign governments have addressed this concern on fraud. In Australia, where home-based businesses comprise an important sector of the business community (with nearly one million people operating a business at or from home), there’s a government site that contains advice on getting started, planning, advice and support, among others. According to the site, the following matters need to be considered in developing a business plan:

  • Is your home the best location for your business?
  • Can you conduct the type of business you want under local council regulations?
  • What are your legal obligations?
  • Will your home-based business allow you to balance your work and family life?
  • What are the town planning requirements of your local government authority?

Anyway. this is merely an introductory post. We’ll update this post when we come across safe home-based opportunities. Better still, Pinoy Entrepreneur community members are very much welcome to share what they know (through comments here or by email).

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4 Responses to “Home Based Business as an Option for Entrepreneurs”

  1. 1
    Juancho J. Garcia Says:

    Please send me if you have updates re:Home based Business or Online Business.

    Thanks.

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  2. 2
    Ryan Says:

    Hi! does an online website that sells goods through another merchant count as an online business( a.k.a affiliate marketing )? how do we register it in DTI and BIR? email me up please.

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  3. 3
    Making Money from Hobbies « Blog.Pinoy-Business.com Says:

    [...] our hobbies may bring us unexpected income or turn out to be a good business prospect, even a home-based one. Take for instance a Lego hobbyist, Nathan Sawaya. He makes a six-figure living as a Lego artist. [...]

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  4. 4
    sharon atienza Says:

    hi!…i’m planning to go home for good soon, jst want to know the survival rate of a canteen business near a university? and at 3×5 sq. m. would be enough for such a start up? how much needed amount ?…thanx and godbless!

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