A lot of folks consider the idea of a home based business in relation to their job security (or lack thereof). It seems the less job security there is, the more interest there is in starting a home-based business.
When deciding between a job and a home based business, there are obviously a lot of considerations. A home based business will not offer you a steady paycheck like a job will (at least not at first). That means you will have to support the growth of the business. Even when the home based business begins to be profitable, it may not be a steady stream of income. Only a steady paycheck can provide that.
Having said that, job security isn’t what it used to be. Scorelogix keeps a Job Security Index on a month by month basis. You can see their job security index according to various criteria — such as by location and by industry. It also discusses trends in various categories. Scorelogix requires an account which is free to set up.
If you are concerned about your job security, check Scorelogix to see how well founded your concern is. Maybe now is the time to start that home based business – while you are still working?