According to some recent statistics from the U.S. Bureau of Labor Statistics:
- There are over 20 million home-based businesses generating more than $430 billion in annual revenue.
- A full 52 percent of all small businesses are now based in the home.
- Someone starts a new home-based business in the U.S. every 11 seconds.
- 25 percent of home businesses provide 100 percent of their owner’s personal income.
- The average telecommuter or home worker is productive for a little more than 7 hours of each 8 hour day, while the average on-site office worker is productive for less than 6 hours.
Why the dramatic shift away from the traditional office-based jobs to working jobs from home instead? Well, there are several basic factors influencing this major transformation in American business:
Economic pressures. As many brick-and-mortar businesses struggle to remain solvent in these trying economic times, shrewd businesspeople are finding that they can save their companies a lot of money simply by using remote workers, or “teleworkers”, instead of filling jobs with on-site employees. They can save literally thousands of dollars per worker in overhead costs like office space, furniture, utilities, parking, and many other expenses by shifting much of it to the from-home workers.
Computers and the Internet. Let’s face it – our world changed forever with the advent of personal computers and high-speed internet access. The internet is transforming how business is conducted today, just as Henry Ford’s assembly line catapulted our agricultural economy into an industrialized economy. Cheap, easy-to-use, and widely available computers and broadband internet access are the primary tools of business today – and now they can also be found in just about any home in the country.
The new worker demographic and work ethic. The so-called “baby boomer” generation was this country’s last group of workers to follow the typical office-based, single-employer-until-retirement career model. The more recent generation of workers, instead, prizes job mobility and self-empowerment over all else, and also brings a higher overall comfort level of technology with it. When these kinds of readily available business tools are combined with an entrepreneurial frame of mind, working jobs from home becomes a very realistic possibility for many current and soon-to-be professionals.
You can save money. Although work-from-home jobs, on average, pay somewhat less than the prevailing local market rates for on-site staff, many of the traditional expenses associated with office jobs such as transportation, parking, wardrobe, dining out, etc. are avoided, meaning that much more money stays in your pocket. And don’t forget the significant time savings, too, by avoiding that daily commute!
So if you’re currently considering something other than a typical 8 – 5 office job routine, now is by far the best time to consider a home-based job. There have never been more great working jobs from home out there than right now!
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