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Of course she will want to have her hair and nails done to maintain her professional appearance. Costing a grand total of $2,000 per year. Reducing her profit margin to 6,600.
Oh, and don't forget little expenses that add up like, lunches, snacks, office parties, magazines to read on train, and other expenditures that accumulate with working outside home. This can add up to an additional $3,000 easily. Sandy is now at a $3,300 profit margin.
All right, now there's transportation. Sandy commutes by rail 5 times per week. This totals close to $1200 dollars per year. Our profit margin is now $2,200!
Think about it! That breaks down to approximately an extra $183 per month after expenses. Sandy soon realized she could start an in home business that would have a higher profit margin than her once highly coveted 9 to 5 second income.
Sandy decided to start a day care center. Sandy cares for two other children along with her son. Her expenses are less, since she doesn't have to commute. She doesnt have to spend money on a business wardrobe or latest hairstyle. Plus, she gets to spend all time in world with her son during most important formative stages of his life!
Think about it! Are you in similar situation like Sandy. Maybe, that secondary income working outside home is not answer to your financial woes, but starting an in home business is!
BB Lee is Editor/Publisher of SmallBizBits Newsletter http://www.angelfire.com/zine/smallbiz Smallbizfirstname.lastname@example.org