Think you know all about small businesses? Here is a look at a few small business facts provided by the National Federation of Independent Business: *
In the last 12 months, 84% of small businesses sought advice from one or more counselors with 59% turning to accountants. *
66% of small-business owners have one person they are likely to consult before making a critical business decision. In 56% of those cases that person will be a family member. The one person sought out for critical decisions in order of frequency is a spouse, a partner/co-owner, a professional advisor/counselor, an employee, and a son or daughter. *
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Seven out of 10 small-business owners start their business with less than $20,000 *
One in four of Inc. magazine's 500 fastest-growing companies started with less than $5,000. *
The typical small-business owner earns around $40,000 a year. *
Small businesses represent over 99% percent of all employers in America.
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