Home Based Businesses
The Numbers Are Through The Roof!

Presented by SCORE.org

38
Million

Home businesses
in the US tod...
Upcoming SlideShare
Loading in...5
×

The Rise of Home Based Businesses

59

Published on

Infographic showing the Rise of Home Based Businesses

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
59
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

The Rise of Home Based Businesses

  1. 1. Home Based Businesses The Numbers Are Through The Roof! Presented by SCORE.org 38 Million Home businesses in the US today.... ...That’s nearly 1 in every 8 homes! FACT: More than 1/2 of all new businesses start as home-based businesses Generating And lots of new jobs: 75.4% 58.0% 31.6% In annual revenue Have paid full-time employees Have paid part-time employees Use contractors or outside consultants Wake-up call: Home based businesses create 1 new job every 11 seconds! 58.2% Woman-owned 46.5% Minority-owned 55.4% Veteran-owned 50.8% Have a college degree 7.9% Service-disabled It’s opportunity for entrepreneurs of all ages: <25 2.2% 25-44 31.7% What do they do? Pretty much everything! 20.8% Didn’t need startup capital 45-54 55+ 29.6% 51% 15% 4% 5% 3% 13% 7% 2% 36.5% Service Construction Manufacturing Transport/Communication/Utility Wholesale Trade Retail Trade Finance/Insurance/Real Estate Other 30.6% Used less than 1.5% Needed $1M $5000 or more 62.9% Work 40+ hours/week After 3Years 70% Are Still Thriving Vs. less than 30% of other businesses. 20% make $100-500k/year 50.5% Say it’s their primary source of income 57.1% bring in under $25k/year in association with zipcar.com/business. SOURCES: • http://www.businessforhome.org/2012/07/home-based-business-in-america/ • United States Census http://www.census.gov/newsroom/releases/archives/business_ownership/cb11-110.html • http://www.abc-computers.com/wp-content/uploads/2011/02/eBook-Work-Without-Walls.pdf • http://www.idc.com/research/viewdocsynopsis.jsp?containerId=227268

×