Wednesday, October 25, 2006

75% Of US Businesses Home-Based

According to the latest US Census Bureau data, 75 percent of US businesses are run by self-employed individuals with no employees. Nearly half of all US businesses are home-based, and 59% of owners are 45 or older.

I found those numbers surprising. This is especially true as I operate two essentially home-based businesses myself and find a number of my clients manage home-based companies, too.

Frequently I hear and read about home-based businesses. So many home-based business recruiters promise almost instant riches, which is why I was so quick to discount the concept for such a long time. But the more I researched running my own companies from a home office, and the longer I've been operating my own enterprises from home, the more I believe the concept's sound. Then today I read home-based businesses are, in fact, propping up the US economy.

That's pretty cool, in my book.

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