You may have to make a choice between a home-based business or an office or storefront. Even with the growing popularity of home-based business, analyze this option very carefully. Working from home is certainly not for everyone.

Before making a decision on a home-based franchise opportunity, you will need to examine your personality, lifestyle, work habits and motives. These are some of the questions you should ask yourself:

1. Am I self-motivated? Without the fixed structure of a workplace, you will need a good deal of discipline and motivation to set goals and objectives on a daily and long-term basis.
2. Do I have a reason for wanting to work out of my home other than just saving money? If saving money is your only motive, then you’re not really choosing a home-based business. Chances are the money saved won’t be enough to make you happy working at home, and it might be better to look at alternatives. Valid reasons for working at home include family obligation requiring flexible schedules, physical disabilities which inhibit movement, and a desire for a more.
3. Am I multi-talented and resourceful? Although all franchises require many skills, a home-based one will require even more juggling of duties. You’ll be the one to type the letters, send the faxes, make the sales calls and handle the filing.
4. Am I comfortable working alone? If you need to have people around you all the time to be happy and effective, the home-based franchise option isn’t for you. You should feel confident working on your own.
5. Does your house have the necessary space and facilities for operating a business? You must have a permanent work area with sufficient space and equipment. In addition to office furniture, you may also need a computer, fax machine, printer and answering machine. You might also need storage space, as well as additional electrical circuits and extra lines.
6. Will your family support your decision to operate a home-based franchise? With your family space overlapping business space, the entire family must understand that some areas will be out of bounds and that the privacy of the business area must be respected.

If you become part of the trend of operating a new, small business from you home, you will have an increasing variety of businesses to choose from. Businesses that can be started from a home location include financial services, residential and commercial cleaning services, direct mail, computer classes and publishing businesses.

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