BLAST-CAP-TEKKIE: Home Biz Stats

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Sunday, August 2, 2009

Home Biz Stats

According to a recent study by research firm Access Markets International Partners, some 16.5 million home-based businesses exist in the United States today -- an all-time high. According to the Small Business Administration, home-based companies contribute more than $530 billion to the U.S. economy and represent 50% of all businesses registered in the United States. No matter how you slice the stats, it's a huge chunk of the American economy, and growing fast.
And it's no surprise. After all, recent FedEx and Yahoo studies reveal that more than two-thirds of Americans have considered starting their own businesses, and nearly half have taken initial steps in that direction.


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