Business Networking
According to the U.S. Department of Labor, by the year 2006, the need for technicians skilled in information technology increased as much as 75%, which obviously has a direct correlation to the continuing and newly emergent need for those who create the information. As always, technology will be developed to meet demand. In 1995, there were 8 million telecommuters; in 1997 that number climbed to 11 million, and by the end of this year, will be over 40 million.
This represents a very fundamental way in which America works, due in no small part to increased productivity and increased profits. Why increased profits? Because estimates show that companies can save as much as $12,000 per year per telecommuter through the savings of office leasing costs, overhead expenses, benefits - sick-leave, health care costs… the list goes on. In every industry, it is estimated that the overhead for a single employee is 125% of the base salary.
It is clear that increased technology communication capability has put more people to work at home. Creativity, flexibility and unfailing professionalism will be the key ingredients to success. It was estimated that by the turn of the century, half of the labor force will be involved in the information industry. The United States manages and processes information better than any other country, and that is the trend for the future. Many will be doing this from home as technology continues to make it more possible and practical to complete tasks formerly performed only in a physical business setting.
Demographically, baby boomers comprise the largest and best-educated segment of our population. They are now reaching middle age and the traditional age pyramid of our country is changing. The 45 to 64-age bracket by the year 2000 represented one third of the labor force. Sixty five percent of women between the ages of 20 and 65 are working. Additionally, 65% of all new labor force entrants will be women. In 2005 women ran 50 percent of all the businesses in the U.S. They are becoming self-employed at a rate twelve times that of men. They outnumber men on-line on the Net.
The industrial economy separated work and family. The free agent independent economy is rejoining the family, allowing the family and work to blend in a natural way.
Women are making a tremendous difference. The big picture of women in the '90s and ‘00s: they want to be home more, with a computer and modem. Why go to the office if there really isn’t a reason any more? The '90s will go down in history as the generation of quality concerns. Trendspotters predicted that in the '00s, more women would cash out of the conventional corporation, leave the work force in droves and do it their way, having babies and owning their own businesses. Female-owned companies are now the fastest growing segment among all small businesses. Dramatic career changes will continue to be a reality.
A home business consultant and former IRS auditor recently stated in a face-to-face meeting with our staff that the "average” household simply cannot afford not have a home-based business functioning, even if it makes no income! The reason is simple:
The part of the home apportioned for business use is an expense, sometimes a hefty one, with an average of $5,000 or more in deductible expenses. Formerly stringent rules from IRS about home office deductions have become much more liberal according to accountants.
Summary: Home business is where it's at and this trend will continue until the world no longer operates with the current economic standards as the major driving force. Of course that standard will serve to increase stability in many areas:
family and child rearing
marriage relationships
financial advantages
national economy
the environment
Ideas for right now this minute:
- Decide on what you want to try (learning and working at the same time)
- The “No Experience” things:
o Set up to sell products using your own network or website
o Sign up with our associate program to sell our products and earn easy commissions
o Meditec training courses (www.meditec.com)
o Legal training courses (www.legal-training.com)
o Discounted Health Plan - great residual income
o Sell other products - we’ll network to you
Visit Legal-Training.com For More Information...
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