2/23/2007

Small is beautiful, profitable

Based on its most recent figures (2005), the U.S. Small Business Administration estimates that 99.9% of the country's businesses are small businesses. The U.S. Census Bureau says small businesses employ slightly more than 50% of the workforce.
The recent Intuit Future of Small Business Report cites a 2005 Gallup/CNN/USA Today survey, in which nearly 80% of 18-29 year-old questioned said they'd rather start their own business than work for a big company. The report specifically mentions technology as a driving force behind the growth of small business among young adults.

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