PENNY AUCTION HOME BASED BUSINESSES – SUCCESS FOR THE COMMON MAN

There is a famous quote which says that your ability can only be utilised by you and it is the highest responsibility of any individual.

The statistics of home based businesses are staggering: about a hundred and fifty million people are earning over four billion dollars through their home based businesses’ revenues. This figure is bigger than the food industry in America. It is also a lot bigger that the pharmaceutical industry in the United States.

According to a few estimates, home based business owners are making about $63,000 or even more, on an average, each year. The freedom offered by the home based businesses make a few people to consider returning to the world of Corporations, some thing they should avoid.

Given below are a few findings regarding home based businesses –

• Owning and running their own home based business provides an achievable point of entry for the entrepreneurs. Most of the home based businesses need about $5000 for the initial set up.
• The home based business industry is growing rapidly in diversity and importance. It provides opportunities for at – home professionals and entrepreneurs in every ethnic group and demographic.
• According to a national research firm, the number of home based businesses in the US alone is over thirty million.
• According to another research agency, America is facing an extraordinary transformation of work place; the phenomenon of the home based business is growing rapidly and shows no sign of slowing its pace.
• Information Technology has enabled e – commerce and has made it possible for SMEs and home based businesses to effectively compete in the world market, with the larger companies also. Ecommerce has made it possible for more number of people to begin businesses on their own.

Several home based businesses are a result of a personal interest or the urge to break free from the routine job which offered no freedom at all. What ever may be the reason, the owners of home based businesses are a satisfied lot of people.

The most interesting fact regarding the home based businesses is that it is populated with aging workers or women. The reason behind such a trend is very comprehensive and requires a whole article to explain.

The most surprising fact of the home based businesses is that most of them who started the business, did it with the intention of starting small, so as to save money, and then had the intention of moving to a retail store front. However, according to official reports, only about 5% of the home based businesses move out of their house.

The most important reasons to start a home based business are freedom and control. With a home based business, you can work according to your convenience and you will have complete control over what you want to do. Also, the benefits reaped can be completely enjoyed by you and not by some multi national company which has hired you. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.