The Emergence of Home Based Businesses and How It Affects People's Livelihood
A home based business is a business that is described as a business with operation done in the comfort and convenience of the residence of the owner. You are called a home based business owner and entrepreneur if you decide to run your business in the comforts of your home. You should not mistake a home worker to a home based business owner since the latter is working for a government or private organization from home at certain times or days of the week.
The evolution of a home based business starts as a micro or small enterprise, and later on evolves into a medium scale business, and eventually grows luckily into a large company. It was in the 1980s that entrepreneurs started to operate their businesses from home. During this time, there were several factors that lead them to conduct their businesses at home such as with opportunities from the usana associate site
. These factors came from socio-economic change, improvements in technology and new management methods that could result to loss of jobs, thus encouraging people to become entrepreneurs and to use their homes as the set up for their businesses. In the years 1990 to 2010, there was a massive establishment of businesses at homes, and all can be attributed and pinpointed to the use of computer, internet and mobile technology. .
With this continued desire of people to own and conduct businesses at home, educational institutions have responded by introducing various programs and courses with usana product information
that will cater to this new need and trend. Thus today, even home entrepreneurs have college degrees with high level of professionalism. There is also a report with an observation that half of these developed entrepreneurs still prefer to continue operation from their homes even if their businesses have became successful and stable. Record has showed that in America for example, 38 million businesses are being operated from residential homes. There is an amazing review too that in the United States, a new business starts every 12 seconds at home.
Imagine that nowadays, there is a reported earnings of four hundred and twenty seven billion dollars in the home based business sector in the United States alone. This revealed that 70 percent of Americans would now prefer to be self-employed and conduct their means of livelihood in the comforts of their homes.
In summary, considered as factors that contribute to the growth of home based businesses are when one loses his or her job, flexible lifestyle, lesser stress, no office politics, cheaper to start up and running costs, and so on.