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Most Entrepreneurial Businesses Are Very Small?We Might Accurately Call Them ?Tiny?
Recent research published by the National Federation of Independent Business (NFIB) has reported that approximately one-third of small businesses with nine or fewer people are located in someone's home (National Business Poll: Business Structure, Dennis, 2004). Most small businesses (59 percent) ?are owned by one individual (including hisher spouse if applicable),? and 'twenty-seven (27) percent or over one in four have two owners.?
The U.S. Census Bureau identifies through its data a classification it calls ?nonemployer businesses? (which is based on Internal Revenue Service (IRS) data obtained from annual business tax forms that are filed). According to the Bureau's latest available nonemployer data Nike Air Max 90 España , it has indicated that there are approximately 17 million nonemployers across all industry sectors. To place this number of nonemployer firms in perspective, consider this: there are a 5.7 million firms with employees as compared to 17 million without employees (for a total of 23.7 million businesses). As a whole, small businesses with less than 500 employees account for 99.7 percent of all businesses.
So what does this all mean, you might ask? Well for starters, it means that although large corporations may dominate news headlines Zapatillas Nike Air Max 90 Niños Baratas , small businesses are the very 'soul? of our economy. It also means that despite any misconceptions that you may have, most entrepreneurial small businesses are very small, indeed. We might accurately call them 'tiny,? by virtue of their ownership structure, number of employees Zapatillas Nike Air Max 90 Mujer Baratas , and other dimensions by which they could be measured and described.
Overwhelmingly, Startup Businesses Are Founded by Bootstrappers
Once one begins to construct a realistic view of entrepreneurship in the U.S., it becomes apparent that there are millions of businesses with quaint beginnings. Instead of imagery that might be associated with the likes of Microsoft, Dell, and Amazon Zapatillas Nike Air Max 90 Hombre Baratas , three that made it to the ?big time,? you might consider more accurate imagery associated with the vast majority of businesses as portrayed by the data. In provoking these alternate images, I might suggest a small business owner, whose condition is such that most of the assets of the business ride around in the back of a pickup truck with a trailer in tow.
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