A lot of folks consider the idea of a home based business in relation to their job security (or lack thereof). It seems the less job security there is, the more interest there is in starting a home-based business.
Job security isn’t what it used to be. Scorelogix keeps a Job Security Index on a month by month basis. You can see their job security index according to various criteria — such as by location and by industry. It also discusses trends in various categories. Scorelogix requires an account which is free to set up.
If you are concerned about your job security, check Scorelogix to see how well founded your concern is. Maybe now is the time to start that home based business - while you are still working?
Photo by Scorelogix.
Job Security and Home Based Bizs
June 27, 2008 by Rich | 1 Comment
In Employees, Security, Small Biz
B Smith @ Wealth and Wisdom on June 27th, 2008 at 1:41 pm
I’m a big fan of starting a side business. It’s one of the key premises we discuss in my blog.
In addition to the side income it gives you more security in slow job markets. If your hours are cut or you are laid off you can ramp up your side income to help fill the gap. If the timing is right you can use the layoff to be your trigger to go full time.