In my inbox (11)

Posted on | May 26, 2006 | Comments Off

Yes, the inbox is getting pretty busy here but I didn’t want to let this week get away from me without posting a great big ol’ shout out to the home-based business crowd out there.

This is major, so pay attention.

The definitive piece of research on home-based business is still Joanne Pratt’s 1999 study, Home Based Business: The Hidden Economy. As it turns out, Joanne has written a new study of home-based businesses, also funded by the SBA’s Office of Advocacy, which will be released at a telephone press conference next week.

Here are the details:

WHAT: National teleconference with the Office of Advocacy releasing a new report the detailing economic contributions of homebased and non-homebased sole proprietors.

WHEN: Wednesday, May 31, 2006. 1:00 P.M. – 2:00 PM. (Eastern Daylight Time).

WHERE: Report release teleconference from the annual meeting of the American Association of Microbusinesses.

WHO: Dr. Chad Moutray, Chief Economist, Office of Advocacy; Joanne Pratt, author of the report; Ron Wacks, President of the American Association of Microbusinesses; Homebased business owners.

WHY: Sole proprietorships are a vital part of our economy. Many are homebased micro businesses; collectively they generate a significant amount of economic activity. According to the report, America’s homebased sole proprietors generate $102 billion in annual revenue.

Among its findings, the report notes that the average homebased sole proprietor earned $22,569 in net income while their non-homebased counterparts earned $38,243.

HOW TO CALL-IN: At 1:00 P.M. (Eastern) on May 31, dial 1-866-740-1260. When prompted for the call code enter 3311103.

Be there or be square.