Saturday, January 27, 2007

Did You Know… Home-based businesses represent 52 percent of all small firms

Did You Know… Home-based businesses represent 52 percent of all small firms and provide 10 percent of the total receipts of the economy, about $314 billion. - *SBA“Information technology (IT) has made it possible for e-commerce and has enabled small, medium-sized, and home-based businesses to compete more effectively in the global market. E-commerce makes it possible for more people to start their own businesses. The number of U.S. households that have a home-based business currently exceeds 12 percent.” - *SBA Home-based firms tend to remain in the home-less than 5 percent eventually move out of the home. - *SBA

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