There are interesting differences in the incomes of homebased businesses. Homebased businesswomen in their 20s earn substantially less than self-employed women who work outside the home. Businessmen of the same age make almost the same income, regardless of the location of their business. Women over 30 earn about the same net income working at home in a homebased business or in a non-homebased business. For women the corresponding numbers are 1.5 and 5.2.
Homebased businesses have greater net worth than non-homebased businesses.
These findings belie the notion that homebased businesses lack assets against which they can borrow to raise capital. There is little difference between the hours worked in a homebased versus a non-homebased business. Self-employed women in their 20s work a mean number of 36 hours regardless of work location. Businesswomen work 21.6 hours at home when they are homebased, and 41.6 if employed outside the home. Self-employed women in their 50s average 42.7 hours per week working for their firm.