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What a wonderful repository of small business and entrepreneurship statistics and data.

The summary:

If you are a small business owner in the United States you are in good company. According to the United States Small Business Administration, there are 30.7 million small businesses that employ over 59.9 million employees. Small businesses (firms that employ fewer workers than the average for their respective industry) make up 99.7% of all companies in the U.S.

Small businesses may abound, but they’re not always built to last. In fact, nearly half of them fail after five years, making it important to study the statistics from the current environment to avoid making mistakes.

But this does not give justice to the breadth and depth of stats provided (wonderfully organized and presented, with great documentation of the sources). Check it out, from ZenBusiness:

Written by CJ Cornell

CJ Cornell

Serial Entrepreneur. University Professor. Software Engineer. Media Executive. Venture Capitalist. Researcher. Marketer. Advisor. Mentor. Author and Speaker. Founded or co-founded nearly a dozen companies in software, digital media and television. For the past few years I’ve been Co-Director of the Knight Center for Digital Media Entrepreneurship and Professor of Digital Media & Entrepreneurship at Arizona State University, and the university’s first full time Entrepreneur-in-Residence. Currently Visiting Professor of Entrepreneurship & Innovation at New York Institute of Technology and Managing Director at Propel Ventures LLC.

 

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