Before you get lost in the daydream of the incredible wealth that owning a home business may bring, you'll want to sit down and ask yourself if you are ready to operate a home business. Are you willing to put forth the effort into your home business that you would if you worked away from home in an office setting?
Although you can set your own work schedule while working from home, you will still have to make yourself available to your customers when it is convenient for them. If you work from home as a hairdresser, accountant, or any other profession in which you provide products or services to customers, you will not be able to set your own hours. If, however, you do not deal directly with clients, then you may have greater flexibility in your work schedule.
You'll want to ask yourself if you have the desire to operate a home business. Some people work better under pressure and will perform better in an office environment where they know that they have a set amount of time in order to get their work done. Some people work better if they have someone above them pushing them to get their work done. If you are this type of person, operating a home business could prove to be more difficult for you because you are the only one who controls the success of your business.
If you feel that you are good at prioritizing your work and keeping a good work life balance, then a home business is a desirable way to make a living. If you are willing to devote your efforts to growing your business, you are far more likely to reach your goals. People that are goal-oriented and have a high need for achievement will be the most successful at operating a home business.