More than sixty per cent of all new businesses are now started from home.
The Times online reports that in the past year there has been a huge increase in the amount of home based businesses, fuelled by redundancies and the amount of jobs that are available.
According to figures by Enterprise Nation, (the home business website) there are 2.8 million home businesses in the UK generating a combined annual turnover of £284 billion.
The news comes at the start of Global Entrepreneurship week, which for the first time has designated one of the days as Home Enterprise Day.
It's claimed the flexible working hours and cheap running costs are drawing more and more people in.
35 year old Deborah Duddle from North Wales started her own company selling personalised baby gifts after he was made redundant.
Deborah says she now thrilled as she can watch her daughter grow up, while working from home and saving on child care costs.
