Let me first start by saying that owning a home-based business can be both exhilarating and frustrating all in the same day. There are many challenges you have to face when you own your own business. If you are taking on this challenge by yourself, you have to know all aspects of running the business, sales, marketing, accounting,customer service etc… So if you are up to the challenges that face business owners, then let me give you the top 5 reasons owning a home -based business will benefit you.1. You are the BossYou are the boss, so if you have great success or fail terribly you have no one to blame but yourself. This what makes owning your own business so great.2. Tax advantagesOwning your own business gives you access to over 450 tax deductions that you would not qualify for as a w2 employee. You will possibly be able to deduct your home based office, business miles you drive, office supplies and so much more.3. Low Startup costStarting a business at home is much less than trying to open a brick and mortar location. You do not have the real estate cost, the utility cost, or any royalty cost.4. FlexibilityWorking from home allows you to be more flexible with your time. This is especially nice for parents who are trying to juggle so many activities for their children. Working from home allows you to hit it hard while the kids are at school, or when they are in bed,in the evening.5. Personal GrowthOwning a home-based business will definitely make you grow as a person.The confidence you will gain will be so valuable as your business grows.Your skill level will grow in those areas, where you were once weak.The bottom line here is that owning your own business is well worth it. In today’s economy no job is safe or secure. Sometimes you have to willing to take the risk and go for it. No matter what field or opportunity you decide to pursue, you must do your due diligence and hit the ground running. Too many people will start a business and fail this year. Why will they fail? Because of poor planning, not realizing that a home based business will take hard work, and discipline. So, do your research, plan and just do it. it will be the best decision of your life.