Tag Archives: Jobs

How to Hire People for a Home-based Business

There may be times when your workload can be increasingly difficult to handle, making you consider the appointment of employees to ensure that your business continues flowing. The experience of hiring employees is often rewarding as it reduces anxiety and stress associated with your business but before commencing the hiring process, you must determine your limits and needs.

Businesses that are Most Successful in a Home-based Format

With the increasing uncertainty of the economy, home-based businesses are growing thick and fast. The rate of unemployment continues to grow, and starting your own business gives you the flexibility that cannot be achieved from working for an established company and even if just part time, added security by diversifying your income. While some businesses flourish in the home-based format, not all are guaranteed success. Here we will look at some of the businesses that can provide for a good living, in a home-based format.

Micro Business Statistics and Trends

Micro or small businesses are the mainstay of the United States’ economy. They are defined as firms having fewer than five employees in all. Micro firms represent a staggering 99.7% of all the employer firms in the country. Over 50% of employees in the private sector are employed by such firms and they pay 44% of the total private payroll in the country. They have also generated 64% of all the new jobs in the market during the last 15 years.

The population favors micro businesses. Over 90% of all consumers in the US believe in supporting small businesses and believe that these businesses contribute positively to the economy through jobs and taxes.

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