Cash Culture based at home
"The growth of family businesses has been matched
by an increase in home-based employment over the past
two decades. According to data from the 2000 U.S.
Census, 2.3% of American workers worked from home
in 1980; the figure rose to 3.0% in 1990 and to 3.3% in
2000. In addition to the overall growth of home-based
employment, home-based workers are engaging in an
increasing range of industries, with technology-based
white-collar jobs gaining greater prominence (Heck and
Stafford 1999). In terms of family businesses, the 1997
National Family Business Survey (NFBS) showed 57.7%
to be home-based."
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Businesses operating in the "cash mode" out performs businesses that depend on credit to survive.
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Comments (1)
Jan aka Jaz Green7
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