10 Statistics About Owning A Small Business That Might Surprise You

  • 📰 HuffPostCanada
  • ⏱ Reading Time:
  • 46 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

Small Business News

Quickbooks,Small Business Month

Intuit is celebrating its fourth annual Small Business Success Month with a new $10,000 grant program and a survey of nearly 2,000 small business owners.

With numbers totaling more than 33 million across America, small businesses are essential drivers of the U.S. economy. This May, Intuit celebrates the owners of those businesses and their place in their communities with its fourth annual.

Whether you currently own a small company or you’re in the process of starting one, the findings of this survey — along with additional data about small business ownership — are helpful for understanding your business better: 2. Small business owners reported that their businesses need to earn an average of $351,000 to be successful in 2024.This suggests that small businesses face challenges that larger businesses don’t.

7. Community is everything for small business owners, and 89% say they feel that consumers need to support small businesses by shopping locally.8. Millennial small business owners reported getting and giving the most community support. Of those surveyed, 62% of small business owners said they’ve previously started or owned a business. While the majority of those businesses failed, that hasn’t deterred business owners from trying again.*All data provided by Intuit QuickBooks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 61. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US announces measures to help Cuban small businessExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Meme stock trading, home prices, small business optimism: Wealth!In today's episode of Wealth!, Anchor Brad Smith walks you through the biggest trends impacting consumer savings and expert opinions on the top strategies to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

US Small-Business Optimism Increases for First Time This YearUS small-business optimism rebounded for the first time this year in April as sales expectations improved, while the share of owners planning price increases fell to a one-year low.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

US small business sentiment rebounds in AprilExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

US small business sentiment rebounds in AprilExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Rate cuts, gold, small business: Market Domination OvertimeInflation continues to make its way through every sector, while the Dow Jones (^DJI) ends its best week since December. Leadership from the Federal Reserve...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »