Starting your own business during the COVID era seems to be a good idea. In this article, we are going to discuss, why it is profitable to open a manufacturing facility as a business at home.
photo credit: Ivan Samkov / Pexels
The Advantages of Home Production
There are numerous advantages of running a home production – here are some of them:
- You save on rent. You can work in your home workshop or garage, and the savings can be invested in other needs – for example, in the purchase of materials or advertising.
- Ability to defer registration. Such production at first may not be formalized.