subject: How Do You Determine The Value Of A Home Based Big Money Business ? [print this page] When you consider the value of a home based big money business you first have to establish what big money is. The answer to this question will vary depending on who you talk to.
Some people would be very happy to have a business that produces a few hundred dollars a month. To them this would be big money because it allows them to comfortably pay their bills and give them breathing room every month.
Other people would like to quit their job and earn a full time living. This might take several thousand dollars a month depending on their lifestyle. A big money home based business to them could be making just enough money to be their own boss.
There is a group of people who would like to earn six and seven figure incomes and stay at home and do it. The best way to do this is to start your own home business and work for yourself.
One thing stands out as you analyze these different groups from a monetary base. More valuable than the money it brings in every month is a profitable home-based business that pays you on a consistent basis.
Here is an example that may surprise you at how really valuable your home based business is.
If you were to have $100,000 in the bank earning six per cent annually that equates to $6,000 a year. When you divide that over 12 months it equals $500 a month.
Many people will never have $100,000 in the bank, but they could build a home based business that earns them $500 a month.
With $1 million in the bank earning 6% annually you would be earning $60,000 a year. On a monthly basis that's the same as earning $5,000 a month.
Not many people will ever save $1 million dollars, but many can build a home-based business that earns them $5,000 a month. Anyone with a computer and Internet access can build a home based business that earns $5,000 a month.
It is very exciting to understand the value of the business they are building when you look at it this way. Many business models allow you to create a residual income that will pay you over and over whether you work or not.
Some Internet marketers will build multiple websites that pay them every month even if they decide to take some time off. No matter how you decide to go about doing it you can build a home based big-money business that pays you very well and lets you live a lifestyle as though you were a millionaire.
by: Walt Gemmell
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