Economic Outcomes in Family-Owned Home-Based Businesses

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Abstract:

This study explored the financial success of 620 family-owned home businesses. Characteristics of the home business owner, of the business, and of the owner's managerial practices both within and outside the business arena were systematically evaluated. Personal and family characteristics of the owner-operator were more powerful variables in explaining the amount of income generated by the business than were dimensions of the business, although both categories played significant roles.

Document Type: Research Article

DOI: http://dx.doi.org/10.1111/j.1741-6248.1993.00383.x

Affiliations: 1: Associate professor in the Department of Consumer Sciences and Retailing, Purdue University, West Lafayette, Indiana. 2: Assistant professor in the Department of Agricultural Economics, Montana State University, Bozeman. 3: Associate professor of human resource economics and Extension Business and Economic Development specialist at Utah State University, Logan.

Publication date: December 1, 1993

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