Despite all the doom and gloom you hear about small businesses, it’s really not that bad. In 2021, 59% were still standing after six years, and 15% were still in business after 25 years! Once you’ve established yourself, you’ll have
Did you know that 66% of small businesses significantly struggle financially? Based on these statistics, it’s likely that you’re struggling yourself as an entrepreneur. For many, something as simple as getting your financial situation in order is all it’d take
On average, small business owners pay around 20% to 30% of their company’s gross income per tax year. Whether you’re just starting out, or have been in business for a while, it’s a pretty big hit to take. Those who
In November 2024 alone, there were almost 450,000 business applications in the US. This was an increase of 5.5% from October, which shows that an increasing number of Americans are pursuing their small business dreams. If you’d like to follow
In 2024, existing home sales in the US have increased 2.9% from 2023, and the median price grew to $407,200. This is certainly good news if you want to put money into the industry, as the only way is up
In 2023, a record of 5.5 million new business applications were filed in the US, and many of them were limited liability companies (LLCs). This is a popular business entity structure chosen by entrepreneurs since it offers personal liability protection,
