Kitchen Table Business

This Lens is dedicated to Home Business, commonly known as Kitchen Table Business that can easily be implemented on a part-time basis from home.

Opportunities vary from one's crafts and hobbies, with small-scale manufacturing opportunities available to even unskilled workers that can be expanded over time. If you're willing to learn some basic crafts, you can turn those skills into a home-based business using your making hobbies, or the crafts in which you're involved. Perhaps you enjoy making stuffed animals that children love. Or you enjoy throwing pottery or firing ceramics. Needlework, sewing, embroidery, knitting, jewelry making and tailoring Or internet publishing may be among your talents that you can turn into extra income.

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Juggling...........

Research by Dr Tim Leunig of LSE's Economic History department was launched by Yellow Pages. The in-depth study, which focused on business mums' lives, identifies a new breed of enterprising female entrepreneurs, 'Kitchen Table Tycoons', who successfully juggle the roles of mother and magnate.

From an economics perspective, the findings show that female entrepreneurs are making a tangible impact on the British economy, with a combined turnover of £4.4 billion that exceeds some FTSE 100 companies. However, life isn't all plain sailing for business mums as they still strive to juggle a successful business with a harmonious home life.

The study found that:

Average age: more than a third (36 per cent) of female entrepreneurs are between 26 and 30.
Children: 74 per cent of women who started a business after they gave birth did so when their child was under two years old.
Previous experience: 74 per cent of mums were in employment when they started up their business. 65 per cent had the relevant skills and training before they set up their new venture.
Motivation: A quarter (26 per cent) started up their own business because they were frustrated working for someone else, with more than a third (38 per cent) pursuing their 'big idea' as it allowed them to juggle a career and motherhood.
Job Satisfaction rating: Three quarters (73 per cent) of those questioned currently feel 'satisfied' or 'very satisfied' with two thirds (66 per cent) more satisfied than in previous jobs.
But there is a price to success:

More than a quarter (27 per cent) say they struggle to make quality time for their partner.
More than a third (35 per cent) are unable to enjoy 'me time'.
The biggest bugbear for nearly half (47 per cent) of business mums is lacking the time to wash the dishes and stay on top of household chores.
The research was conducted following a rise in Yellow Pages directory listings for businesses typically run by women, and throws up interesting insights into the motivations behind a move into enterprise as well as the benefits and challenges.

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Kitchen Table Business

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