Who is Cashing in on the Home Based Business Opportunity
A Home Business Article Contributed by Cassandra l. Keller
Who is Cashing in on the Home Based Business Opportunity
It is out there and in full force, the home based business opportunity is booming in the U.S. Men and women, young and old, and people of all educational backgrounds - thousands are putting their honed skills to work for themselves by embarking on a home based business that can fit their personal and family needs.
How Women are Taking Advantage of the Home Based Business Opportunity
According to a recent Census Bureau study, more than 300, 000 women are operating their own business out of the home. From their basements, dens and spare bedrooms, women are creating businesses by utilizing their skills in the fields of writing, consulting, market research, teaching, day care, sewing, photography, and catering. The list does not stop there, they provide dog grooming services, kitchen and closet planning and organizing, messenger services, secretarial services, maid services, the opportunities are endless.
A large portion of today's female home based entrepreneurs began as working women turned homemaker or stay-at-home mom seeking a way to spend more time with their family and continue to make an income without the grueling 9 to 5 schedule. Taking advantage of the home based business opportunity allows them the flexible lifestyle they desire.
The Home Based Business Opportunity is Not Just for Moms
For the same reason as female homemakers, many men are also taking advantage of a home based business opportunity. Troubled by long commutes and even longer working hours, the male population is turning away from the stress and adopting the pressure that comes with a home based business.
However, according to Mary Frauendfelder report "Characteristics of Business Owners, CB092-1, " most small business owners do not work the average 40 hours a week and their venture is no their primary source of income.
The Home Based Business Opportunity Can be Taken by Anyone
Cashing in the home based opportunity opportunity are people of all characteristics.
Retired teachers are starting up their own tutoring businesses, students find ways to make money while pushing for their college degree and the working class citizen fed up with earning minimum wage puts his or her skills to work for himself or herself.
However, in the 1992 Characteristics of Business Owners (CBO) Survey, the Census Bureau reported that 35 percent of small business owners had a bachelor's degree or a professional degree.
The Bureau also reported that the majority of small business owners had 10 or more years of work experience in their chosen field before they embarked on the venture. Fifty percent of those individuals also had a close relative who owned a business.
The reality is anyone can cash in on the home based opportunity with the right idea and drive for success. All it takes is some solid research in the career you would like to pursue, followed with a personal and possible financial investment and executed with hard work and persistence.
According to the United States Department of Commerce, more than half of 17 million small businesses in the U.S. are home-based.
