The Next Home Business Opportunity

THE NEXT HOME BUSINESS

OPPORTUNITY

Prepared for

????

Prepared by

Benedikt Lindheim

April 11, 2010

MEMORANDUM

TO: ???

FROM: Benedikt Lindheim

DATE: April 11, 2010

SUBJECT: Home Business Opportunities

CONTENTS

PAGE

LIST OF ILLUSTRATIONS

PAGE

EXECUTIVE SUMMARY

THE SEARCH FOR MY NEXT JOB:

A HOME BUSINESS

INTRODUCTION

Today’s world is changing and evolving faster than ever. Everywhere we look things are faster, better, more advanced. Competition is fierce and globalization is real. In order to be successful in this world you have to be willing to think outside the box and adapt to new situations. Recently, the US economy took a hard hit. This caused many people to be unemployed, as well as financially hurt. Myself being one of those people, I broadened my horizons in search for a solution. The result: starting a business at home.

One of the facts that caught my attention is that home businesses have been an increasing trend since the late 1990’s. More recently home businesses have seen growth because of the recession and the level of unemployment. According to an online article from Inc.com there are now 6.6 million home-based businesses employing over 13 million people in the US. Another research conducted by business week showed that from 1999 to 2005 the number of self-employed, working exclusively from home increased by 25.1%. The people who work exclusively from home also increased by 20.8%. These numbers reinforce the fact that home businesses are a growing trend.

Contrary to what people may think, a home business can be very successful. According, to business week 46.5% of people who ran a business at home earned a bachelors degree and earned a median family income of $63,648, which is significantly higher than the national median. Even though this is true home businesses can be very dangerous if you do not take the necessary step to set up a successful home based business. There are many resources...