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Between 1996 and 2004 it created an average of 550,000 small businesses every month. I think they mean every year? I have serious doubts that 6.6 million new
by nazgulnarsil 18y ago
Between 1996 and 2004 it created an average of 550,000 small businesses every month.
I think they mean every year? I have serious doubts that 6.6 million new businesses are started a year.
- pg 18y agoI believe it. In 2003 there were around 23 million businesses in the US. Only 5.7 million of them had employees other than the owners, though.
- endtime 18y agoWell, if we get 6.6 million a year, and we only have 23 million or so, that means that the companies have pretty low half-life.
- wheels 18y agoYou can check the US economic census. Great stuff in general and quite useful for market research. http://www.census.gov/econ/census02/ http://www.census.gov/econ/census02/