Many people who have been laid off or taken severance packages in the past year are launching careers as home-based independent contractors or entrepreneurs. The Small Business Administration estimates that 52% of small businesses are based in homes, where the commute is short, hours are flexible, the dress code is relaxed and operating costs are low. This Wall Street Journal story suggests setting up ground rules to keep work and home life separate in order to avoid some of the disadvantages associated with home-based jobs.

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