Did you know that home-based businesses account for more than half of all U.S. businesses? Did you know that home-based businesses employ more people than venture-backed companies in the U.S.? These are home-based businesses that are dismissed as insignificant operations, or even called “hobbyists”, as some have dubbed them in the past. There are an estimated 6.6 million home-based enterprises that provide half of most household incomes. When combined, these home-based entrepreneurs employ one out of ten private- sector workers. These home-based business owners are just as competitive as their counterparts are in the commercial sector.
Technology has made it much easier to run a home-based business, distributorship, licensee opportunity or even small franchises from home. With technologies such as telecommuting, cloud computing, smart phones and broadband in more than 40% of most U.S. homes, home-based business owners have the proper technology to compete with the so-called ‘big guys’. However, equally important to the advent of better technology is the general shift of the business world to recognizing home-based business operations as legitimate businesses.
Unfortunately, access to capital is still in short supply. However, many are still finding creative ways to source capital needed to open new ventures and further fund existing ones to thrive in a stagnate economy. With many traditional jobs lost, and many people in need in creating financial independence to start up a home-based business, this is one certain way to ensure that you have a viable source of income coming in each month.
The top sectors for home-based business owners are business and professional services, construction, retail and personal services. Start your research here at BusinessOpportunity.com and open your own Business Opportunity, Distributorship, Licensee Opportunity or Small Franchise today. You just might be the next home-based business success story!
Carpe Diem My Friends!