Entrepreneurship research is progressing towards the construction of indexes that integrate the information of the three predominant approaches: the entrepreneurial activity output; the population's entrepreneurial behavior, values and aspirations; and the context in which entrepreneurship takes place. In this study we compare the Global Competitiveness Index data, one of the objective sources of ... [Show full abstract]View full-text
... Entrepreneurship and location (ruralÀurban) Geographical location appears to be crucial in explaining entrepreneurship development. Empirical pieces of evidence show that higher competition, increase in population resulting higher population density, higher demand for goods and services, etc., result in higher entrepreneurship opportunities (Sorenson and Audia 2000; Reynolds et al. 2002; Shane 2003; Sternberg 2009). Studies found that the growth of entrepreneurship in the urban areas is much higher than that of rural areas (Shane 2003; Glaeser, Rosenthal, and Strange 2010). ...
... Meanwhile, researchers have reached different results on the growth of women's HBBs. Some studies have found these kinds of businesses weak and with very limited motivation and potential for growth (Loscocco and Smith-Hunter, 2004; Thompson et al., 2009). Yet, most studies conducted on women's HBBs have proved that they are completely serious and are growing across all sectors (Breen, 2010; Breen and Karanasios, 2010; Wynarczyk and Graham, 2013;Clark and Douglas, 2014;Modarresi et al., 2016b). ...
... Home-based business are also said to have lower growth ambitions than other firms and are likely to have few or no employees (Thompson et al. 2009; Newbery & Bosworth 2010). There is much assertion throughout the limited literature that motivations for starting home-based bsuinesses are based on the flexibility they afford in terms of work-life balance (Baines & Gelder 2003; Thompson et al. 2009), including balancing work and domestic commitments, often cited as particularly suited to working mothers (Loscocco & Smith-Hunter 2004; Ekinsmyth 2011). Alternatively, Soldressen et al. (1998) and Newbery and Bosworth (2010) argue that low barriers to entry in terms of costs and resources are key motivators for home-based business. ...
... Complementing Hypotheses 2a and 2b, we posit that societal institutional collectivism will be more negatively associated with the probability that individuals engage in self-employment on a full-time rather than a part-time basis. Part-time self-employment allows comparatively more time to be spent upon other activities, such as caring for the home and family (Burke et al., 2008;Thompson et al., 2009). This resonates with societal expectations to act according with the collec- tive's interest ( Bullough et al., 2017). ...
Great ideas! I’ve been thinking about starting a home-based business for years but I just never stopped long enough to actually start and I didn’t know what kind of business to pursue. Now I’m ready to get started and you gave me some really good ideas. I really appreciate the links to more information on how to get started in several of these business opportunities. I will definitely look into them.

Larger enterprises can hire an agency or full-time staff member to run their social media accounts, but small businesses often have to handle their own social media marketing. With so many responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of a social media presence to spend time developing and implementing a great social media strategy. As a social media consultant, you can help small businesses determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.
One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part -- not to mention the most expensive. So use back-end selling and upselling to get them to buy again:
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