Thursday, August 11, 2005

Home-Based Business ...

You wake up to an inbox full of email. An overnight package is delivered. It's business as usual; just another day at the office. However, unlike most traditional offices in the country, there's a baby sleeping in the next room, a dog playing out back, and the smell of a home-made breakfast wafting through the air. This is the new workplace of the 2000s -- the Home Office.

What's behind the move to the Home Office? Modern technology. Powerful computers, high-speed Internet connections, laser and color printers, cellular phones, and toll-free phone numbers are now easily accessible and affordable to home-based businesses. The Wall Street Journal recently reported that "...most home-based businesses -- especially start-ups -- can stick to the basics and equip themselves for $3,000 to $5,000."

According to IDC, a top national research firm, there are between 34.3 million and 36.6 million home office households in the United States alone. They also conducted a recent survey indicating that the average income for income-generating home office households is $63,000 a year.

A November 2000 report from the SBA's Office of Advocacy showed that in 2000 nearly 20,000 entrepreneurs grossed more than $1 million operating from a home-based environment. Further, they estimated that the number of U.S. households that had a home-based business then exceeded 12 percent. Newsweek magazine has estimated that, by 2005, 50% of the households in the United States will be involved in a home-based business.

And these businesses enjoy a healthy rate of success. About 70% of home-based businesses will last over a three-year period, compared to 29% of other business ventures, according to the Home-Based Business Institute. Find/SVP reports that 89% with household incomes greater than $80,000 have a home office compared to 14% of those with incomes below $25,000.

There are many advantages to working from home -- no commuting time, flexible hours, casual dress, proximity to children and the "comforts" of home. "Clearly, the home-office is the wave of the future and is here to stay," says Richard Ekstract, chairman of the Home Office Association of America (HOAA). "Where else could you become a great success in your field and still be able to send the kids off to school and welcome them in the afternoon when they come home?"

It all sounds so good! Where do I sign up? More next time...

Signature

jbv's Competitive Edge 

10 Comments:

Anonymous Pigalina said...

Thanks for this and the post on scams above this one. I know that these never work but I always get tempted and dream of a life spent working from home. I haven't been sucked in yet!

3:47 AM  
Blogger Mike said...

Thought you would like this. earn

6:12 PM  
Blogger Mark Hultgren said...

Hello, I just wanted to post a comment on how well you have put your Blog together. I was doing a search for home business connection and came across your Blog. I personally run my own Blog for home business connectionhome business connection so I know a good Blog when I see one.

10:22 AM  
Anonymous Anonymous said...

Great Blog! I wanted to share this with you. Are you tired of the Internet Marketing Rat Race? advertise business free home opportunity


Check this out when you have time :-)

2:44 AM  
Blogger Mohawk Man said...

You have an interesting blog here. Some of the things people put are kind of strange. Another cool site is a idea home based service business site that is about Home biz stuff.

Anyway, I like your blog and will proably be back.

Take care.

4:06 PM  
Blogger Dream Builder said...

Hey, you have a great blog here! I'm definitely going to bookmark you!
What a Great Blog! I'm definitely going to bookmark you! I have a home based business idea site. It pretty much covers home based business idea related stuff.

Come and check it out if you get time :-)

12:58 AM  
Blogger Rich Molumby said...

I have an Entr site/blog. It pretty much covers making large amounts of money on the web.

Come and check it out if you get time :-)

4:49 AM  
Blogger Steve Smith said...

Nice Blog!!! I thought I'd tell you about a site that will give you
places where you can make extra cash. It's filled with money making ideas. Worth
checking it out.home business

9:59 AM  
Blogger stony said...

Great Blog! I have a make money related site. Maybe you have a look.

8:01 PM  
Blogger Web2earn said...

Hi, nice blog and thx for the info.

Working from home used to be something utopic for me just 2 years ago, as it probably is even today for 95% of all people. However, I found out that while you wonā€™t get rich overnight on the Internet, you can generate some nice income. Now, I live in Romania, which is a rather poor Eastern European country, with an average wage of about $300 per month. You can imagine what a huge impact my discovery of online money making possibilities meant ā€“ especially since I am now earning constant 4-figure USD earnings each month, through various online activities (hosting ads on my websites, freelancing as a content writer and graphic designer).

I tried to put all my knowledge to good use and summarize it in a new website, which I invite you to check out if you have the time - Web2earn.com ā€“ learn how to make money online
.

Regards,

Michael Rad
Web2earn.com

5:58 AM  

Post a Comment

<< Home