Income opportunities for home based businesses are much more viable than those for businesses located out of the home. Consider the costs of opening a business in a stand-alone structure: you will pay rent or mortgage, overhead and utilities, and additional phone costs. Those will cut into your potential income opportunities. For home based businesses, overhead costs are negligible.

Plus, in our data-centric world, most information technology jobs don't need a central office or production plant; you can work anywhere you can get online. The rise of the Internet has increased income opportunities for home based businesses exponentially, but that's just the tip of the iceberg. Other non-IT jobs are also well suited to a home office.

Some Income Opportunities for Home Based Businesses Don't Require IT Skills

While some IT jobs are perfect for independent home workers, like web page designers, for instance, there are plenty of other home businesses for non-technical people. Accountants, performance bookers, and writers are just a few professions that can work at home--for themselves--without learning special computer skills. But those aren't true businesses as such.

Marketing businesses that only need a modem and a phone are an example of a true business that you can run from a home office. And if you're successful, you won't have to spend a lot of time in that office; you can spend it with your kids or on whatever hobbies you enjoy. It's great to be the boss--especially when your business is flexible, successful, and close to home.