According to the U.S. Department of Commerce small businesses:
- Represent 99.7 percent of all employer firms.
- Employ half of all private sector employees.
- Pay 44 percent of total U.S. private payroll.
- Generated 65 percent of net new jobs over the past 17 years.
- Create more than half of the nonfarm private GDP.
- Hire 43 percent of high tech workers ( scientists, engineers, computer programmers, and others).
- Are 52 percent home-based and 2 percent franchises.
- Made up 97.5 percent of all identified exporters and produced 31 percent of export value in FY 2008.
- Produce 13 times more patents per employee than large patenting firms.
What does this mean for us? It means that in order to aid in the health and growth of our economy, we must support them. One way that we can do this is by voting for those who are applying for the small business grant provided by Chase and Living Social. It’s easy to do, simple click here, log in with your Facebook account, search your city and vote for your favorite businesses.
RachelleWilliamson
11 years agoHouses are not very cheap and not everyone can buy it. Nevertheless, home loans are invented to aid different people in such situations.
Alonso
10 years agoHi MarekThat is certainly one way to rcroed your incoming and outgoing funds. However, with the Accounting software packages being as cheap as they are (you can get a basic bookkeeping package from Quickbooks for $70), it is certainly much easier to keep track of all your expenses and income. At year end, you simply print out yoru Profit and Loss statement which is ready to use in your tax return.With a bit of training, you can do your own bookkeeping if that is what you choose to do. However, as I stated in a previous article, most business owners are so busy looking after their clients that they have no time for their bookkeeping. That is when a good bookkeeper comes into play.
Ofrin
10 years agoThe best routes to take are to rsecareh the process of starting a business as well as the industry you’re interested in.I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you’ll inevitably have as well as many you haven’t anticipated yet. See the source box for some relevant links. Research, rsecareh, rsecareh – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:* Start Your Own Mail Order Business by Entrepreneur Press* Creating a Profitable Catalog: Everything You Need to Know to Create a Catalog That Sells by Jack Schmid* Money in Your Mailbox: How to Start and Operate a Successful Mail-Order Business by L. Perry Wilbur* Building a Mail Order Business: A Complete Manual for Success by William A. PhD CohenThere are plenty of free informational resources out there. Check the source box for links to articles.Hope that helps! I wish you much success & happiness in all your ventures!
Kennedy
10 years agoStart spreading the word. You can make fyelrs.Network, network and more networking.Knock door to door.Talk to those who can refer. Business Brokers, CPA’s etcAdvertise in local publications.Do everything you can afford. Put back some of the money you earn into more advertising until you are busy enough. Let competitors know that you can take overflow.