Regardless of the downsizing of larger corporations, small businesses, also known as start-ups, are increasing rapidly. Here are some statistics which showcase just how much:
As the types of small businesses around America vary from industry to industry, so do the people who manage or own them. Currently, much of small businesses are owned by males. In Canada, around 20% of businesses are owned by females or run by equal partnerships.
Within information, waste management, healthcare, recreation, and retail fields, female ownership is more prominent. With the advancement in online marketing and sales, female and equal partnership owners are more and more likely to find success in information and retail fields.
Small business firms, or those that employ one to nineteen individuals, currently make up 5,156,713 jobs in the United States. Non-employer businesses or those with no paid employees, make up 70% of all US businesses. To classify as a non-employer business, annual revenues must be over $1000.
As 52% of all small businesses are run out of homes, it is safe to say that many people who are entering entrepreneurship are family-based individuals. Luckily, many industries allow for these freelancers and entrepreneurs to run their business with flexibility and the ability to create their own schedules.
The world of digital marketing consists of many entrepreneurs who are running small businesses of their own, or by purchasing a franchise that they both own and operate. The WSI Network of professionals offers entrepreneurs opportunity to make a small investment in the purchase of a digital marketing franchise, an in-demand field full of passionate and knowledgeable experts.
Contact WSI today to learn more about how the exciting opportunities that small-business ownership with us can lead you to a career you love.
Resources: http://www.ic.gc.ca/eic/site/061.nsf/eng/h_03018.html
https://www.sba.gov/sites/default/files/advocacy/United_States.pdf