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Millions of New Entrepreneurs Start Home-Based Businesses Each Year
The home-based business sector continues to grow and expand, fueled by full-time business owners, part-time entrepreneurs, and work-from-home telecommuters. The following factors are responsible for this unprecedented growth: § Powerful home office technology enables home-based business owners to be as productive as their office-based counterparts. § Increased Internet access and improved communications devices make working from home a viable option for almost anyone. § Home office networking enables entrepreneurs in separate locations to collaborate on large projects. § More companies are setting up telecommuting programs for their employees as an effective method to cut overhead expenses. § A growing disillusionment with Corporate America has resulted in a stronger emphasis on entrepreneurism and achieving a higher quality of life. § Unstable economic conditions encourage more people to start a full- or part-time home business to improve their financial security. § Corporate downsizing is opening up more contracting opportunities for home business owners. HBM
Previously published in the June 2008 issue of HOME BUSINESS® Magazine, an international publication for the growing and dynamic home-based market. Available on newsstands, in bookstores and chain stores, and via subscriptions ($15.00 for 1 year, six issues). Visit www.homebusinessmag.com
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