More and more women are choosing to stay home but still pursue a career. The old idea that women had to choose to be at home or away at work no longer applies. But if you currently work outside the home, you might wonder if you can take the plunge and become a WAHM.
You may have a great idea for a business, or maybe you are looking for something to start right now. You may not have the confidence that you can actually make it work for you. How are you going to know if you are ready to start this endeavor? These are just a few things to think about before you start in a home based business, below are a few more things.
You need to think about your finances now, are you easily paying your expenses every month? And more importantly, if you leave your job to start your own business will you still be able to pay all of your household expenses with just your partners income? Don't forget, you will not be making money immediately when you start, it will take a little time to get the money to start coming in.
To determine if you can afford your WAHM venture, first do a budget and figure out what your base living expenses are each month. Does one income cover that expense? If not, do you have enough in savings to cover the difference if need be for the first few months of your WAHM business?
If you did the math and your partners income will not cover the expenses and you don't have enough money in your savings account to help cover the costs, you should think about continuing to work for the time being and start to bank as much as you can until you have enough to get started with your work at home business.
Before you decide to make the leap, also think about exactly what types of start-up costs you will have for your business. Are you able to afford to make that investment decision? Keep in mind that a few start-up costs tend to be tax-deductible, however you still have to be able to afford to make the actual investments right now.
Being a work at home mom can often be more difficult than it may appear to be at first. Although the thought of working from home might hold some romance for you personally, the truth is that it is a lot more difficult for most of us then we initially comprehend, particularly whenever there are children the home.
So ask yourself if you will be able to find the time and quiet to effectively work at home. Think about the kind of job you’ll be doing. If it requires phone work, consider that you need to have quiet in the house before you can do that work. If it requires computer time, is there a computer that you can use often for your work? Do you have a good area that you can claim as your workspace?
So you are going to need to secure a work space in your home, have access to a computer if needed and the silence that you may need if you will be using the phone a lot. Now you need to also think about your family obligations. Are you still going to have time to spend with your family or are you going to let your new business take over your life and end up working 16 hours a day simply because everything is right there in your home. Also who is going to take care of your children if they are not old enough to take care of themselves. Are you going to need to hire a baby sitter, or will you have the time to take care of the kids yourself. Also don't forget about snow days and other days off from school.
Transitioning from being a mom who works outside the home to one who works at home can be tough. Or, if you’ve been at stay-at-home mom, it can be difficult on your family, who must make the transition from seeing you as very accessible to them to being concerned with other matters.
Ask yourself these hard questions about transition. Are you ready to work at home? Can you handle the isolation? Do you think you can be a work at home mom and still see to your family’s needs? Most moms decide to work at home because they want to be available to their children; if you plant your children in front of the television so you can work, you haven’t necessarily succeeded in your mission.
To sum up, if you have been thinking about this for a long time you may already have all the information you need on whether or not your ready to become a work at home mom. You need to remember that making the transition can both be easy and difficult, depending on the home business your looking to start, and how much support you receive from your family.
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