Futures of home-based businesses : a literature review

Earles, Wendy, and Lynn, Robyn (2006) Futures of home-based businesses : a literature review. Australasian Journal of Business and Social Inquiry, 4 (3). pp. 13-38.

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Abstract

Purpose of the research/paper: There are three key concerns for the home-based business sector: viability; sustainability; and the potential for growth. Major indicative studies are used to discuss available evidence.

Findings: There is general agreement that this sector is growing. Varying views exist on the capability of home-based businesses to generate employment. Studies of performance of home-based business and the relationship of financial and non-financial matters to performance have received little attention. There has been some identification of factors associated with size and profitability. Research into the relationship between home and business has focused on the effect of the family on the business.

Implications for practice: Research to date suggests there is a strong need to develop an overall framework for appropriate policies and programs for home-based businesses.

Implications for theory: Research is needed on factors that affect home-based businesses as a site of growth for employment; the way in which the home and family support the business; and the viability and sustainability of household livelihood practices.

Value of the paper: This examination further highlights the fragmented and limited nature of knowledge about this sector. It suggests the need for a more coherent information base and theory development to inform policy.

Number of tables/figures: 3 Tables

Section headings: Abstract, Introduction, The potential for growth, Measurement of performance, Employment patterns and potential, Sales performance, profit performance and profit to sales ratio, Impediments and barriers, The home-based business and family life, Regulations, policies and programs, Conclusions.

Item ID: 1711
Item Type: Article (Refereed Research - C1)
Keywords: home-based business, sustainability, viability, growth, family life
ISSN: 1447-7033
Date Deposited: 04 Oct 2007
FoR Codes: 16 STUDIES IN HUMAN SOCIETY > 1607 Social Work > 160703 Social Program Evaluation @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9405 Work and Institutional Development > 940501 Employment Patterns and Change @ 100%
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