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According to the Bureau of Labor Statistics 2005 data, 370,000 young people from 16-24 were self-employed, the occupational category that includes entrepreneurs. The Bureau of Labor statistics further indicate that the self-employed category will grow 5% from 2004 to 2014. Not only are today’s young people finding new avenues to support themselves, many others seeking a work life balance are leaving the corporate world behind to explore new opportunities that provide them with a greater sense of autonomy and satisfaction. According to the Centre for Women’s Business Research, between 1997 and 2006, the number of majority women-owned businesses increased 42%. Further, the Centre states that in 2006, majority women-owned businesses are expected to generate $1.1 trillion in revenues. Unquestionably, the desire and passion to start a new business exists but many don’t have the financial means to turn their ideas and plans into reality. Angelbusinessloans.com is an on-line community that connects entrepreneurs with financers who are looking for new opportunities to invest their available funds. Finally, a one-stop solution to satisfy the needs of both parties is here.
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