16 Surprising Facts About Small Business in America

Happy Tuesday everyone!

So yesterday, I ran across an amazing Infographic created by DocStoc concerning surprising facts about small business in america.  This information definitely blew me away.  I guess for me it’s nice to see that more and more entrepreneurs are taking the plunge and starting businesses of all sorts .

According this infographic….. statistically speaking, over 543,000 new businesses are started each month! These numbers totally blew me away!  So without further ado, here is that infographic:

http://www.businessinsider.com/infographic-the-state-of-us-small-businesses-2013-9

So tell us, what are your thoughts on this information? Are there any surprising facts about Small Businesses that you were not aware of?

Kim George
 

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Kelly Boros

Number 1 is always a sticking point for me. Even though the SBA defines a “small business” as an organization with under 500 employees, that seems like a huge range with many variations in between. How can you put a small mom and pop bakery with 10 employees in the same category as a 400 person enterprise? It would be interesting to see new definitions that break down the margin into sub-categories.

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    Chic Geek

    Agreed Kelly! The SBA’s definition of a small business can be a tad bit confusing.

    Reply

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