The following are some interesting facts about small businesses:
Small businesses make up 99.9% of all companies in the United States.
Small business owners employ roughly 61.7 million people in America.
Poor cash flow is responsible for 82% of all small business failures.
About 50% of new startup businesses survive past their first five years.
Only 25% of small businesses maintain an active company website.
About 70% of small businesses use Facebook for digital marketing.
Women own roughly 12.3 million businesses across the United States.
The average age of a new entrepreneur launching a business is over 40.
43% of cyberattacks specifically target small firms rather than large enterprises.
Roughly 20% of small businesses are solo enterprises run by one person.
Minorities hold ownership in about 45% of small American businesses.
43% of cyberattacks specifically target small firms rather than large enterprises.
78% of small business owners report high personal career satisfaction.
Where do you fit in? I have an active website, and I do not use Facebook for digital marketing. I have also lasted more than 5 years.