
To put it simply, the gift basket business is a great money maker. It is one of the most popular and profitable home-based businesses in America. After surveying hundreds of home-based gift basket businesses, one magazine in the industry reports that 70% of gift basket business owners report sales between $100,000 and $200,000. While 20% of business owners report their income as higher than $200,000. Furthermore, the gift industry itself, rakes in over 200 billion dollars every year – this means that almost 1% of the money spent in retail sales is spent on a gift item. This makes the gift basket business, a great business idea for teens.
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April 5th, 2008
Amber
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