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Women
and minorities leading trend of creating home-based businesses
Women
and minorities are leading the trend of creating home-based businesses
at a time when, up until now, white males dominated the frontiers of
business.
- Women
own approximately 66 percent of home-based businesses.
- Seventy-three
percent of women-owned businesses are run out of the home.
- Between
68 percent and 70 percent of women's home-based businesses will survive over a
three-year period.
- Home-based
women business owners are technologically savvy. In fact, home-based
women-owned businesses are just as technologically savvy as other
busineeses with over half (56 percent) having at least one computer and
nearly four in 10 (39 percent) owning more than one. Two-thirds (66 percent) have
a computer fax/modem, 55 percent use a cell phone.
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Home-based
women-owned businesses in the US number 3.5 million and provide
full or part-time employment for an estimated 14 million people.
In today's economy, home-based businesses are a growth industry
to watch.
Let
us know what you think
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