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HOMEWORK

Say ''home-based business'' and people picture moms earning extra cash as they mind the kids, or downsized execs who can't afford ''real'' offices. Wrong, says Wells Fargo NFIB's ongoing study of business starts. The home-based don't even make less than other entrepreneurs.


Here are some highlights from Wells Fargo's study:

*80% had jobs 30 days prior to starting their business

*22% have outside partners (vs. 34% for non-home-based businesses)

*17% have at least one outside employee

*They're just as educated as those who start non-home-based businesses

*They're just as likely to be single as married or divorced

EDITED BY EDITH HILL UPDIKE


Updated Oct. 2, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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