In 2023, Americans broke the record by filing 5.5 million new business applications. But the sad truth is, not all of these ventures will be successful, nor will they stand the tests of time. For those looking to close their
A 2020 study found that 54% of Americans dreaded filing their taxes, and that 22% didn’t want to spend their time filing. But unfortunately, you can’t just bury your head in the sand and ignore your tax obligations. If you
From 1995 to 2021, small businesses created 63% of the total new jobs that appeared on the market. This speaks volumes about how these businesses keep the country running, and there’s no better time to get in on the action
99.9% of American businesses are small ones, and they’re responsible for 32.6% of exports. The country is reliant on these small businesses, which makes entrepreneurship an attractive and potentially lucrative route. Many aspiring business owners often wonder how is an
In 2022, Shopify’s gross merchandise volume was $197.2 billion, and it’s generated over $812 billion in sales since its inception in 2006. Furthermore, Shopify accounts for 10% of the global e-commerce platform market, so it has a solid standing. For
On average, small businesses in the US generate between $1 million and $41.5 million in annual revenue; the amount you make in particular will depend on which industry you’re in and how wisely you’ve set up your business operations. Regardless,
