A home-based business is a venture that takes a lot of effort and dedication. Though there are lots of advantages to it, some downside of the business is still there.
Pros
It requires very little
If we are talking about the investment rate, depending on the goods a home-based business requires significantly less investment. There are many alternative facilities that you can enjoy in a home-based business.
Both sell options are open
If you want to be a local seller, then a home business allows it. Also, if the investment allows, then you can expand to the international level from where you are.
Cons
Small investments might not be enough
Oftentimes due to the inflation of chosen business mode, the investment amount can be small for conducting the business. It disrupts the purpose of the business.
Expansion of the business could require more investment
In the case of your business doing well, there might be a situation where you have to invest a lot into the business. It might create an issue for those who are not able to take loans and invest in the project.