Home based business has existed for a long time, though it has often meant babysitting or Tupperware parties. The Internet has enabled a new generation of home entrepreneurs. Blogs, web sites, and cost-effective online marketing tools allow work at home businesses to reach customers worldwide.
Common business models for home-based businesses include selling products online (e-commerce), online advertising sales, and personal services that are delivered remotely (such as virtual assistants or telecommuting).
While some computer literacy is needed to capitalize on Internet-based work from home opportunities, the profit potential is often better because there is usually less investment capital needed to start an Internet-based business from home.
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