Tag Archives: micro-business

Whatever Happened to “Cottage Industry”

We refer to our businesses here as “home businesses” or “home-based”–whatever happened to the term “cottage industry” that used to be so prevalent? A cottage industry always meant a business or industry where the products or services were created and sold from home. Now we have micro-businesses, but the term “cottage industry” seems to have disappeared from the vernacular. I would like to know why? There used to be some romance and mythology around “cottage industry”–especially here in America where it has always been entirely plausible that a person could start a company in her garage or basement that would … Continue reading →

Understanding “Micro-Business”

You may have heard this term “micro business” being batted about lately and wondered just exactly what it meant and what it was. You might be surprised to find that if you are operating your own small, home-based business, chances are that business could be classified as a micro business by today’s standards. Understanding what a micro business is may help you when you go in search of mentors, funding, marketing, etc. Here is a general overview of what constitutes a micro business. As you know, the term “micro” means small. So, why would we need the term “micro business” … Continue reading →