Start a business from home and save money

13 Aug 2008 | Filed under: Entrepreneurship, Getting started, Homeworking

According to the home business website Enterprise Nation, you can be at least £30,000 in pocket by starting a business from home when increases in the value of your home and savings on fuel costs and motoring expenses are taken into account.

Supported by research carried out by estate agents, Homefinder UK and motoring experts, The AA, Enterprise Nation reckon that having an office in the house adds an average £28,000 to the value of your home while avoiding the daily commute can save over £2,000 a year.

Emma Jones, founder of Enterprise Nation said:

“When people ask if this is the right time to be starting a business from home, my response is ‘most definitely, yes!’ – not only do you start earning your own income but as these results show, you’ll also be profiting from the rise in value of your house and saving on fuel costs by keeping off the road. For anyone thinking of turning the spare room, cellar or attic into an office, this will surely offer yet more reasons as to why they should.”

At a time of rising fuel costs, many families are looking for reasons to keep off the roads. Working from home means doing just that – and it offers savings in time too. By avoiding a daily commute of just 60 minutes each way, you can earn one whole extra day each week. That’s extra time that can be spent on growing a new business or enjoying time with family and friends. Edmund King is President of The AA and comments on the research:

“Our figures show you can save £8.40 per day by working from home. That adds up to more than £2,000 per year and if you can do without a second car, that leads to annual savings of in excess of £6,000. These are cost savings that any family would be pleased to see. What we like to see is that not only are homeworkers saving costs, they are also saving the environment.”

The opportunity to make profit, and make savings, is encouraging thousands of people to start a business from home, whether that be through turning a hobby into a way of making a living or spotting a gap in the market and acting on it. And, as this research shows there’s never been a better time to act.

Click here to find out more about Auditel’s home-based, recession-proof franchise opportunity.

 

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