Soho's Business Impact

The onset and growth of home based business hasAnother industry that actually exists as a result of
affected much more than those entrepreneurs whohome based business persons is the executive suite
are enjoying their work at home environment.model. These firms offer offices, meeting rooms,
Industries have grown up around home basedvideoconferencing and other services for those who
business products and services and long timeare traveling on business and need a place to work
industries have changed their formats to embraceor meet clients, and those who have a home based
these ever-increasing home based entrepreneurs.business and need a more formal business look for
Southwest Airlines, for example, an innovative leaderclient or prospect meetings, telephone reception and
in the airline industry, whose low-cost fares madesecretarial services and so forth. A home based
flight travel possible for another 70 percent of thebusiness owner, can, for example, rent an office or
U.S. population, has changed its product strategiesmeeting room, with or without phone, Web
and realigned its staffing in response to theconnection, fax, copier, video conference capability,
prevalence of home based business travelers, socatering and so forth, by the hour, the day, the
many of whom now schedule, and print out boardingweek or the month. These services are typically sold
passes online. 70 percent of Southwest travelers,a la carte, and can include a receptionist, a telephone
business and pleasure, schedule online. 60 percent ofanswering service, postal service and free parking.
them print out their boarding passes there. HomeOne of the most prominent of these firms has a
based business owners have spurred innovations inglobal presence, with 750 executive suite locations in
the airline industry as a whole, as more and more350 cities of 60 countries. In addition to major
airports offer wireless fidelity (WiFi) services forcountries such as the United States, Canada and the
these road warriors, at no charge more often thanUK, a business traveler can work from one of three
not. Airport construction designs now includeexecutive suites in Chile, five locations in Hong Kong,
numerous electric outlets and business rooms andone in Luxembourg, 28 locations in France, 21
services for those who have to take their businessproperties in Mexico, three in Norway, five in Poland,
on the road.24 in Germany, and one in Greece, to name a few.