Small Business Owners
Small Business Owners
Did you know that 65 percent of Americans are small business owners? The average income of these small business owners is over $400,000. According to statistics, there are at least 25 million small business owners in the United States. Only 20 million out of the 25 million have fewer than 50 employees and approximately 17 million small businesses have only one or two employees, including the owner.
Owners can have any type of education to start their own business. Some say it is where the money, action, and brains are. Small businesses have grown 49 percent in since 1982, according to the Small Business Administration (SBA). They generate about 60 to 80 percent of all new jobs in the U.S. economy each year. Some of the most common reasons people become business owners are: flexibility, career control, independence, financial potential, less bureaucracy, and ability to reach ones full potential.
Since computers have decreased in price, it has......
View the rest of this paper...
Approximate Word Count: 833
Approximate Pages: 4 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Small Business Owners
SMALL BUSINESS OWNERS. Small Business Owners Did you know that 65 percent
of Americans are small business owners? The average income ... -
Informational Presentation: Small Business Owners
Informational Presentation: Small Business Owners. History The finance role
operates in a variety of different forms of businesses. ... -
Low And Middle Class Business Owners Are Educated
... In fact, according to the United States Census Bureau, a 2002 survey shows that
over sixty-four percent of small business owners do indeed have a college ... -
Scenario One Problem Definition: Usa World Bank
... Jim Wilson, Vice President of Marketing Development asked Mary if he could submit
the analysis for a card for small business owners that will allow them to ... -
Critical Topics To Explore Before Starting A Small Business
... inside your family. Often small business owners occasionally will start
their new company with personal savings. While this may ...
