The major advantages are that you:
- don’t have to spend a lot of money on office rental or office purchase
- save time and money by cutting your commute
- can be flexible around the hours you work
The disadvantages are:
- it may prove difficult to keep work and home-life separate, and there may be domestic distractions and interruptions
- a lack of contact with other people and businesses
- you might end up working long hours
- your mortgage, home insurance and tax situation may be affected
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