There are several reasons why individuals opt for home-based businesses:
1. Cost Savings: Operating from home eliminates the need for renting commercial space, thereby reducing overhead costs. 2. Flexibility: Home-based businesses offer greater flexibility in terms of work hours and work-life balance. 3. Tax Benefits: There are various tax deductions available for home-based businesses, such as home office expenses. 4. Low Startup Costs: Many home-based businesses require minimal initial investment, making it easier for entrepreneurs to get started.