Inc.:
Gone are the days when a fledgling business required a large investment of start-up capital. With a phone, a computer, and a great idea, it’s possible to join the legion of people who have started businesses from home.
Home-based businesses now comprise almost half of the estimated 26 million small businesses nationwide, according to an analysis of Census Bureau data.
New technologies have made it possible for a solo entrepreneur to begin a business that once would have required the resources of a much larger organization.
Many solo entrepreneurs are finding success with service businesses, particularly those that cater to specific demographics, such as overworked professionals, children, or the elderly.
A business caring for the elderly or teaching enrichment programs for children can easily be operated out of the home, as can businesses that provide support for busy people, such as a personal chef or weight-loss counseling business.
Low-cost, Internet-based tools are currently driving the home-based business boom, says Bruce Judson, senior faculty fellow at Yale School of Management and author of Go It Alone: The Secret to Building a Successful Business on Your Own “It is literally now possible for an independent businessperson to rent, for $20 a month, software capabilities that were only available to Fortune 500 companies a few years ago.”
himanshu on February 21st, 2007 at 12:20 am
how can i believe — something like easy money .?