Friday, August 31, 2012
Small Business Means Big Bucks
The era of the small businessman has arrived.
According to statistics published by the Small Business Administration and the United States Census, home-based businesses generate over $ 400 billion in revenue annually, and provide self-employment for millions of Americans. In the past, home-based businesses were derided as envelope stuffers and seamstresses, but with the advent of the internet, home-based business has become big business, providing entrepreneurs with an average income of $ 63,000 per year, with start-up costs often less than $ 5,000. As you can see, home-based businesses are viable, important to our national economy, and potentially profitable.
The Success Factory International recently claimed America is in an era of transformation in the workplace, with jobs moving out of the office and factory and at home. You can become part of this transformation at work and join millions of other people who make a living from home. In my opinion, a person with energy, a hit record, and ability to think outside the box (read "Teach Yourself How To Think by Edward De Bono), can be successful in a home-based business.
The business innovation and start-ups are often the victims or beneficiaries of market trends and the ability to access specific market niches. So where and how you can find a niche market to serve? According to the Bureau of Labor Statistics (BLS), the following service areas and the industry will see the fastest growth among all industries for the next 7 years:
Home Health Care Services
Software publishers
Residential care facilities
Employment Services
Services administrative offices
Computer systems design and related services
While the BLS statistics focuses on the job, these identified growth areas will also provide the opportunity for entrepreneurs. The word "services" is the key here, as companies continue to outsource services to individuals willing and able to do the job.
The BLS also provides income to the holder of approximately 50% increase over the next 7 years. With a little 'business acumen, combined with perseverance, a sense of direction, and willingness to work, you can request a piece of this incredible growth, and join the top 10 percentile of holding the assets in America .......
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