Expert Answers to INTERESTING FACTS ABOUT BUSINESS OWNERS?

INTERESTING FACTS ABOUT BUSINESS OWNERS

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In the true entrepreneurial spirit, 83.1% of owners built their companies from scratch. A significantly smaller percentage (11.3%) purchased their businesses, (1)

Baby Boomers follow close behind with 41%, while Millennials and Zoomers make up 13% and 1% of small business owners, respectively. Regarding gender, men make (2)

20 Small Business Facts That Will Keep You Up at Night

Small businesses generate 13 times more patents per employee than large patenting companies. Innovators are far less likely to want to patent an idea that is (3)

Aug 24, 201118 Amazing Facts About Small Businesses In America ; There are 28 million small businesses in the U.S. — which outnumber corporations 1162 to 1.(4)

55 Staggering Small Business Statistics & Facts for 2022

Jan 17, 2022Only 3% use their home equity, and 8% actually take out a bank loan. Business credit cards are the least-used method, with only 2% of businesses (5)

Each year, thousands of ambitious entrepreneurs start new businesses. Over 627,000, according to SBA estimates. Failure rate aside, many small businesses (6)

Small Business Facts 1. There are 28 million small businesses in the U.S.. 2. 70 percent of small businesses are owned and operated by a single person. 3.(7)

659 Niche Markets

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  • Money, Health, Hobbies, Relationships, + 3 more profitable categories. 659 niche markets in total.
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