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Home Business Statistics for Entreprenuers and Business Start Ups

Posted on January 5, 2007 | 1 comment | Filed in Uncategorized 
 

Here are some surprising facts and home business statistics for entrepreneurs and home based businesses.

Did you know that…

- The number of home businesses is estimated between 36 million to 18 million
- More young people want to be entrepreneurs
- The average success rate of home businesses is estimated to be at 70%
- Annual revenues of the home business industry as a whole is around $427 billion dollars?
- Individual income earned by home business owners – between $63,000 to over $1 million
- The number of jobs started daily by home based businesses is over 8500 jobs daily

Check out these and other home business statistics here.

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COMMENTS

One Response to “Home Business Statistics for Entreprenuers and Business Start Ups”

  1. Daniel Cassidy on January 6th, 2007 12:35 am

    That is good to know that the average home business success rate over 3 years is 70%. I was always being told that over 95% of home businesses fail within the first year. I guess it really pays to stick it out and never give up. Many people give up too fast because they don’t see results right away.

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