Tuesday, June 06, 2006

The Entrepreneurial Mind: Home-Based Business Bonanza

A recent article in the Belmont University Blog by the director of the Universities Centre for Entrepreneurship about the impact that Home Based Business Owners are having on the US economy:

The Entrepreneurial Mind: Home-Based Business Bonanza: "Home-Based Business Bonanza
One factor that many attribute as an engine of our entrepreneurial economy in the US is our culture, which has over time supported individualism, creativity, and self-determination. A study released on Wednesday by the SBA Office of Advocacy shows evidence of our grass-root entrepreneurial spirit. America's 1.6 million homebased sole proprietors generate $533 billion in annual revenue. The report finds that the average homebased sole proprietor earned $22,569 in net income on about $62,523 in revenues. "

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