Kevrumbo
Banned
- Messages
- 5,659
- Reaction score
- 1,366
- # of dives
- 1000 - 2499
Good luck Robert on the new enterprise!
Don't ignore potential customers & the market in the Antelope Valley -Armed Forces Personnel at Edwards Air Force Base and Palmdale/Lancaster Aerospace Workers (Lockheed Martin; Northrop Grumman; Boeing and BAE Systems).
Don't ignore potential customers & the market in the Antelope Valley -Armed Forces Personnel at Edwards Air Force Base and Palmdale/Lancaster Aerospace Workers (Lockheed Martin; Northrop Grumman; Boeing and BAE Systems).
Some small business stats (Forbes Magazine):
1) The SBA defines a small business as an enterprise having fewer than 500 employees
2) There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called nonemployers)
3) Over 50% of the working population (120 million individuals) works in a small business
4) Small businesses have generated over 65% of the net new jobs since 1995
5) Approximately 543,000 new businesses get started each month (but more employer businesses shut down than start up each month)
6) 7 out of 10 new employer firms survive at least 2 years, half at least 5 years, a third at least 10 years and a quarter stay in business 15 years or more
7) 52% of all small businesses are home-based
8) There were 22.5 million nonemployer firms in 2011 (up almost 2% from the year before)
9) To classify as a “nonemployer” business you must have annual business receipts of $1,000 or more and be subject to federal income taxes
10) Approximately 75% of all U.S. businesses are nonemployer businesses
11) 19.4 million nonemployer businesses are sole proprietorships, 1.6 million are partnerships and 1.4 million are corporations
12) The fastest growing sector for freelance businesses in 2011 included auto repair shops, beauty salons and dry cleaners
13) Total TOT -6.88% revenues from nonemployers hit $989.6 billion in 2011 (up 4.1% from 2010)
14) Nonemployers had average revenues of $44,000
15) Around 80% of nonemployer businesses for 2011 (or 18 million businesses) reported less than $50,000 in receipts