Because I am a geek, and like this kind of stuff, I’m sharing some fun small business statistics any entrepreneur will enjoy!
1. 44% of small business owners are 39 to 45 years old.
(Guidant Financial)
2. Around 50% of small businesses start at home.
(SBA)
3. 30% of pandemic entrepreneurs say they’ll never open a physical store.
(Salesforce)
4. The average amount borrowed to start a business is $10,000.
(SBA)
5. There are about 582 million entrepreneurs on the earth.
(Global Entrepreneur Monitor)
6. 90% of world businesses are small businesses and they provide 50% of jobs worldwide.
(The World Bank)
7. Small companies create 1.5 million jobs annually and account for 64 percent of new jobs created in the US.
(SBA)
8. The average income for a small business owner is $64,709.
(Payscale)
9. The most common reason people start their own business is to be their own boss.
(Guidant Financial)
10. 92% of small business owners don’t regret starting their company.
(Fundera)
Which did you find most fascinating? TELL ME.