A home based business is a great business opportunity for disabled people because a home business provides control and flexibility so that they can participate in a business of their own and have the same opportunity to succeed in business as everyone else does. They will have better control of their lives then they normally would if they were working in conventional workplaces.
Business success for the individuals with disabilities serves not only to fulfill their financial needs it also helps them to regain their agility, vitality and self-confidence.
Disabled people face a lot of unusual challenges in their journey towards building their own business. They are faced with a wide spectrum of different obstacles as compared with the able bodied person and may even lack of business knowledge and experience necessary to manage a home business. Due to their specific disability, they may not have had the opportunity or the mobile ability to obtain any on the job training or special business management training classes. That is why it is important that they choose wisely when determining their niche market so as to find a product or service that provides high quality, on line training that is free and readily available.
Regardless to this fact, the success rate among disabled home based business owners is unprecedented. According to the statistics from the Disabled Businessman's Association, it is estimated that 40% of the home businesses are run by the disabled people. This is a very good percentage because 95% of the overall people tend to fail with their businesses from homes.
The government also helps disabled people to start businesses from their homes. There are many authorized resources and grants available to aid the disabled in starting and operating a business.
Benefits of home businesses for the disabled:
- The freedom and flexibility to run a business of their own
- To work in a friendly, quite environment
- Reduced need to commute
- Work space that accommodates their personal disability issues
- The potentials to create an accessible work environment
- Increased income to support their Social Security Disability Insurance.
Below is a summary of some useful business resources for disable business owners:
If disabled people consider starting a home based business, they should make sure that they check out and utilize all of the resources and grants which are made available for them by the government organizations.
They could gather more information on websites, online forums, seminars, and information guides for disabled people. The guides will be particularly helpful in making them understand the common issues which the disabled entrepreneurs normally face. A simply Google Search will give them tons of valuable information and resources to help them setup and manage their business.
Many agencies like s Start-Up USA, Social Security Administration Ticket to Work Program and The Office of Disability Employment Policy provide technical assistance, funding and mentoring services to encourage and to support disabled entrepreneurs.
The state government of the respective countries where they want to set up their business also provides loans on low interest rates as well as state sponsored finances and grants which are beneficial for starting a business from home. However, they will need to satisfy their terms and conditions in order to reap the benefits.
The fast changing world has brought with it worries like unemployment, bankruptcy, health care costs, and numerous other personal life style concerns. It is not just the disabled who are looking for work from home anymore. As a matter of fact, a lot of healthy people find this option very attractive. Regardless of the competition, there is no reason why a disabled person can't compete on a par with anyone else with a home based business.