One of the advantages of starting a home business is that it can be done alongside a traditional job. A side home business can help you fill the income-expense gap from your job, increase retirement savings and build a nest egg for emergencies. But as your business becomes successful, there comes a tipping point in which you can’t expand anymore without giving something up. If you enjoy your business, the next logical step is to quit your job and do your home business full-time.
However, because home business income is often inconsistent, you shouldn’t give your boss the heave-ho without careful planning and preparation. Here are tips to helping you decide if it’s time to quit your day job.
