My Zimbio

Saturday 3 April 2010

Second Income - Make Extra Money From a Home Based Business

What if you were to lose your job today? Do you have a second income to provide for your family?

Or maybe you want to develop a second line of income for the future or just in case something happens to you present job, it's always nice to have a plan b.

Remember that you live on the best country on earth to start a business, take advantage of it.

Look for a home business one that you can work at your own pace, do it part time until it justifies doing it full time, a home business is the best choice because usually the start up costs are minimal with an unlimited up potential.

It should be a business that helps your social life as well so you can spend quality time with your spouse or your favorite friend if you are not married yet.

When you are looking for a home business to generate a second reliable income you want it to be low cost with unlimited up potential and preferably one where you grow by your own efforts as well as the efforts of others.

One of the advantages of owning your own home business is the tax savings usually from one year's taxes alone you'll recover the original cost of the business.

You can look at the IRS Form Schedule C to find out the things you can deduct from your business.

Keep detail records and a copy of Schedule C so you don't miss out on any deductions.

Tony Ortega - Successful Home Business owner.

Free Success Checklist avoid being part of the 97% that Fails.

http://www.ExtraMoneyHomeBased.com/?sid=EA

We will see you on the other side, Tony Ortega

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