Home Is Where the Office Is

The home is the new hotbed of entrepreneurial activity, boasts this Wall Street Journal article. In fact, the article explains, more than 52 percent of businesses are home-based.

Laid off? Start a business from home. Looking for a place to trim expenses? Stop paying rent and just work from home. It makes sense.

Even if your business has a physical location, working from home just works, but only if you have the tools necessary to get the work done (like a fast Internet connection).

Actually, there's a lot more to working remotely, which is why we wrote an entire manual on the topic in the current issue of MyBusiness. Check out the Essential Guide to Flexible Work Arrangements to maximize working from home (or a coffee shop or a hotel lobby) for yourself and your employees. The guide features tips for managing a virtual workforce, rules to follow when working from home, pointers for interviewing at-home workers and more.