Home Based Business
Today, more than ever, more people are choosing to work at home. The search for a better work-life balance, rising property costs, the availability of new technologies and an upsurge in domestic entrepreneurship all contribute to the continuing upward trend in people making the decision to work from home.
World Work at Home Trend
According to Money Magazine, every 11 seconds someone starts a home based business that allows them to work at home. Also 20% of work at home businesses gross between 100k and 500k per year.
There are more type of businesses suitable for work at home entrepreneurs than ever before. Modern technology has opened up huge opportunities and that has lead to the creation of many more different types of businesses that can be run from home due to cheaper equipment and better means of communication.
World wide the work at home trend has been on the increase in the past few years;
If you are thinking of changing to a work at home career it is important to make sure you make choose wisely; picking the right work at home business suitable for your domestic situation and work experience will ensure you spend the right amount of hours each week, that you take the right level of risks, that you are practical in terms of your finances and that you gain the kind of satisfaction and success that you’ve dream of.
First decision you have to make is how much time you want to devote to your work at home business. Will you decide to go with a full time business model which means leaving behind whatever it is you are currently doing and devoting all your time to your new business venture? or will you start off part time along side your current full time employment?
A work at home business has many upsides to it. There are usually less risks and a lower start-up cost than a brick and mortar business, simply because you do not have the expense of real estate, staff, etc.
Work at home businesses are easily scaleable. You can make them as big or small as you need them to be and you will have virtually no commuting time. You can outsource some of the work to keep things simple. You can hire companies to do your
World Work at Home Trend
According to Money Magazine, every 11 seconds someone starts a home based business that allows them to work at home. Also 20% of work at home businesses gross between 100k and 500k per year.
There are more type of businesses suitable for work at home entrepreneurs than ever before. Modern technology has opened up huge opportunities and that has lead to the creation of many more different types of businesses that can be run from home due to cheaper equipment and better means of communication.
World wide the work at home trend has been on the increase in the past few years;
- US - The findings from the US Bureau of Labor Statistics show that 20.6million people (15.1% of its workforce aged 16+) are engaged in work at home businesses.
- Canada - In the year 2000, approximately 2.8 million (17%) Canadian workers (1.4 million or 10% of employees, and 1.4 million or 50% of the self-employed) did some or all of their work from home, up from 2.1 million (16%) in 1995.
- UK - Latest figures from the UK National Statistics agency confirms that there is no levelling off in the increase of home-based work. 3.1 million people now officially work mainly from home. A further 1 million people in the survey were found to be working at home on a more occasional basis.
- Australia - Overall, the prevalence of teleworking or home-based work in Australia has increased from a low base over the last decade. Measures of telework incidence change depending on the definition used, but there are around 1 million or 11 per cent of workers in Australia regularly working from home.
If you are thinking of changing to a work at home career it is important to make sure you make choose wisely; picking the right work at home business suitable for your domestic situation and work experience will ensure you spend the right amount of hours each week, that you take the right level of risks, that you are practical in terms of your finances and that you gain the kind of satisfaction and success that you’ve dream of.
First decision you have to make is how much time you want to devote to your work at home business. Will you decide to go with a full time business model which means leaving behind whatever it is you are currently doing and devoting all your time to your new business venture? or will you start off part time along side your current full time employment?
A work at home business has many upsides to it. There are usually less risks and a lower start-up cost than a brick and mortar business, simply because you do not have the expense of real estate, staff, etc.
Work at home businesses are easily scaleable. You can make them as big or small as you need them to be and you will have virtually no commuting time. You can outsource some of the work to keep things simple. You can hire companies to do your
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