Currently there are over 24 million home
businesses and 14 million of them are full time, self-employed workers. Home business growth is
an outcome of
the slowing economy and corporate downsizing.
A significant
number of home businesses are independent distributorships that
provide
direct sales to companies using disintermediation (elimination of the
middle man), as well as minimizing paper transactions and
using ecommerce to process electronic transactions. It is
well established that this e-commerce is the fastest growing segment
of the Internet.
If you have a business
with aspirations of selling over the Internet or improving efficiency, it is no longer a luxury to
accept credit cards, but a necessity. Consider the facts outlined in
the graphs below. |