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The fastest growing sectors in the world of small businesses include auto repair shops, dry cleaners, and beauty salons. To really get a leg up on the small biz sector, try opening a service shop that frosts your tips and cleans your shirts while you wait for your car!
The average revenue for a small business is in the $44,000 bracket. Obviously, most small business owners derive their satisfaction from being their own boss rather than being rich.
It takes as little as five days to start a business in the U.S. That same business startup in Brazil would take 107 days. It’s probably best to keep your South American trips to pleasure only.
Here’s a scary fact: if a small company cannot resume business within 10 days of a natural disaster, it probably will not survive. Yikes. Now there’s a subject for your next horror movie, David Fincher!
A small business is defined as an enterprise that has fewer than 500 employees. So technically, that kid who opens his lemonade stand on the corner every summer is a small business owner. Except…
Over 50 percent of the 120 million Americans in the workforce works in a small business. That means that the plumber you called to fix your pipes last week who can’t even afford a belt to hold his pants up is probably a small business owner.
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