Whether you are a victim of corporate downsizing, suffering from a disability or you got fired, there are opportunities online that can change your life. With Corporate mergers, acquisitions and layoffs on the rise, many employees are looking at sudden unemployment as an opportunity to work from home by starting their own business.
Starting a home based business may serve as the modern day alternative to sudden unemployment. This is a bold strategy that can provide a financial bridge across the chasm of limited funds. Some families suffer financially because of the small payments from unemployment.
However, the savvy displaced worker may choose to work for home for themselves. Self employment eliminates the constant fear of not having a job. When corporations change ownership, or the company stock prices drop, the employees of the corporate entity are considered expensive baggage. In may instances, laying off a large number of workers is seen as a positive strategy by shareholders and Wall Street.
The company is designed to produce value for the shareholders first. Employees are sometimes viewed as a disposable commodity. The major consideration of corporations is the bottom line profit margins that are critical to the future of the company.
When individuals are forced into unemployment, they can take two roads.
Some individuals view this unfortunate state of affairs as temporary and
begin sending out resume trying to find the next company that may also
The second road less travelled is to seize the opportunity to make a permanent
change to the status quo of their lives and start a home based business.
A case of Corporate downsizing that affected an entire community is
the story of Hewlett Packard. Hewlett packard fired or reassigned over 18,000 of
its employees when the company purchased Compaq computers. Many of these employees were long term loyal individuals who intended to retire
from the company.
Another company that devastated its workers is Consolidated
Freightways, a trucking company located in the prosperous Silicon Valley. Consolidated Freightways shut its doors without alerting workers that it was bankrupt. When workers reported for work, the doors were locked. These employees discovered their fate on the
Change is part of life, but unemployment that is thrust upon trusted loyal employees is sometimes a bitter pill to swallow. But taking the bitter and making it sweet is exactly what one displaced worker did with her situation.
Cindy was one of the displaced workers from Hewlett Packard. Instead of crying over her situation, Cindy started baking specialty cakes for her friends and neighbors to earn extra money. This small home based business grew into a full time income for Cindy. This work from home business allows Cindy to be at home with her toddlers and still earn a very nice living.
The home based business industry is flourishing on the Internet. There are so many work from home opportunities available. There is a business model, product, service or hobby that can be developed into a work at home opportunity that will appeal to almost anyone.
Having a back up plan is sometimes what a small business represents for a family.
Starting a home business may prove to be the key to the future prosperity of a family. Small business ownership provides a firm economic basis for the family and the country. Small businesses employ over 65 percent of workers in America.
An interesting statistic that may spur you to investigate work from home opportunities – “People who are self-employed account for less than 20% of the workers in America but represent two thirds of the millionaires.”