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Home Based Businesses Hit All Time High! Experts Question Long Term Success
Small business and home based businesses now represent 99 percent of employers, employ half of the private sector workforce, and generate between two-thirds and three quarters of all net new jobs. November 19, 2004 -- Small business and home based businesses now represent 99 percent of employers, employ half of the private sector workforce, and generate between two-thirds and three quarters of all net new jobs according to the Small Business Administration, it appears the United States is in the middle of a home based business explosion. Home based business or people that work in a home based business environment have been up ticking since 1991, but most experts indicate the latest explosion started late in 2003 when banks began relaxing lending standards for the first time since 1998 and the demand for small business loans hatled its decline. A year later we're seeing the results of more investment capital having been invested in millions of home based businesses around the country. A representative of the Association of Home Business Entrepreneurs (www.BestMLMBusiness.com/IAHBE), Chris Tinney, said technology advances have caused a gold rush for home based businesses.

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