Home-Based Business Facts and Statistics

Based on skillfully developed Home-based business is a $427 Billion annually industry. That’s a lot more than the pharmaceutical industry, food industry, and consumer goods industry – combined! – Pure Leverage

The extremely low start-up costs, flexible hours, as well as the Internet are fueling the development of the property business segment. It’s estimated that up to 150 Million people , in North America alone, are experiencing and enjoying the freedom and advantages of owning their particular home based Web business.

A current IDC survey shows that the common income for income-generating home business office households is $65,000 a year.

According to a written report from the SBA’s Offiice of Advocacy over 20,000 entrepreneurs grossed over $1 million operating from a work from home environment.

Home-based businesses represent 52% of all small firms and offer 10% of the total receipts from the economy.

Running and running a home-based business offers new owners a really inexpensive entry way. 40 to 44 percent of home-based businesses require lower than $5000 for set up.

From the survey done by Home business office Computing Magazine:
98% are happier a home based job.
96%would recommend working at home.
88% would never return to the corporate world.

The U.S. Bureau of Labor Statistics estimates there are now over 18.3 million home-based businesses in the United States[Entrepreneur Magazine].

Entrepreneur Magazine estimates that $427 billion is generated every year by home-based businesses.

According to the Sba over half of all small businesses in the U.S. are home-based.

VeriSign found out that worldwide domain name registrations are reaching record highs.

Every 11 seconds someone starts a home-based business. – Pure Leverage