Small Business is our Business

Archive for November, 2014

MICRO BUSINESSES ARE A FORCE IN THE U.S. ECONOMY

Micro businesses are companies with 1 to 4 employees, yet these small  companies generate $2.4 trillion annually and employ 31 million Americans.  More remarkable is that these revenues represent 17 percent of the country’s gross domestic product.

Source:   Association for enterprise Opportunity

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NO REGRETS FOR STARTING A BUSINESS

Nine out of ten small business owners say they have no regrets starting a small business.  The benefits of owning a business outweigh the challenges because——

*It has improved their  financial well-being     70%

*It doesn’t feel like a job                                         55%

*It provides financial peace of mind                   52%

*They like “being the boss”                                   41%

 

This survey was commissioned by Bank of the West and conducted by Harris Interactive in May 2014.   500 owners of small businesses in operation for five years or more were surveyed.

 

 

 

 

 

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