Starting a home-based business is a smart move in any economy, and this couldn’t be more accurate as we pull out of the recession and into a period of growth. Recently, we’ve discussed everything from how to start your home-based business to how to get organized, and even some tax tips to save you from potential pitfalls. Today I want to talk about a few statistics that I bet you didn’t know so you can be better informed about the home-based business opportunity market sector as a whole.

Did you know that, according to a recent study, over 70 percent of Americans just like you would prefer to be self-employed? Did you know that there are an estimated 18.3 million home-based businesses in the United States and the number of households in the United States that have a home-based business exceeds 12 percent? That number surprised me, I have to admit. The real shocker came when I dug into the stats further. I found that over 427 billion, yes that is a ‘b’ as in billion, dollars is made by people just like you working from home. Many of those business owners researched and ultimately purchased their home-based business using a site just like our BusinessOpportunity.com. You have to admit that almost a half trillion being made from home is no small number. And the good news is that tapping into this huge money-making sector is easier than you might think.

In addition, the number of women who own a home-based business is astounding. Since 1992 the number has risen from 10 million  to over 17 million home-based businesses operated by women, and many of them with children at home.

Because I see home-based businesses being purchased every day, I wasn’t surprised to learn that almost 44 percent of all home-business ventures were started for less than $5,000. The success rate among home-based businesses is strong. Roughly 70 percent of home-based businesses will thrive over a three-year period compared to just fewer than 30 percent of other business ventures. It is also true that most home-based businesses started from home stay in the home, with less than 5 percent moving out of the home. This year nearly 20,000 at-home professional entrepreneurs just like you grossed more than $1 million dollars in revenue working from home.

BusinessOpportunity.com serves up a bevy of home-based business opportunities for you to research. Take your time, request information from as many individual companies that you are truly interested in as you like and carefully evaluate which one is right for you. Then get started on the road to financial freedom working from home.

Carpe Diem My Friends!

References
U.S. Bureau of Labor Statistics
U.S. Census
Office of Advocacy, Small Business Administration
Home-Based Business Institute
National Foundation of Women Business Owners