According to recent statistics, the number of family-owned small business have increased. And these growing numbers have created an urgent need for researchers and government to analyse and plan for this population. The purposes of this study were to identify the determining factors of the location of family owned small business and to analyze the factors related to their job satisfaction, and life satisfaction. The data used for this study, were 713 self-employed men and women which were elected from the panel data of 1998 MIPS of Daewoo Economic Research Institute. Statistics performed for the analysis were frequencies, percentiles, t-test, $varkappa$$^2$, OLS and Logistic analysis. It was found that the person who work at home-base small office were the residents of smaller city, and are older than the office-going attendants. The variable which effects the job satisfaction of the home-based workers was the educational background. And sex was the only factor which affects the job satisfaction of the office-going attendants. It was also found that job satisfaction affects the life satisfaction significantly in both group.